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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #116,001
  • Sep 19, 2008 11:51am Sep 19, 2008 11:51am
My Bat wings are calling for a nice drop.

I'm short through the weekend with just 1 lot.

B
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  • #116,002
  • Sep 19, 2008 12:01pm Sep 19, 2008 12:01pm
Can't help. Shorted 196.50 for at least 200 pips drop
Do not follow my trades. Trade what you see on your own charts.
  • #116,003
  • Sep 19, 2008 12:01pm Sep 19, 2008 12:01pm
Quoting malcolmb14
bearish divergence double top 197 for now ...

I have NO courage to go short ...lol , but did sell the long


Attachment

Ok i did take it ... my heart was pounding lol .... could not resist the double top with bearish div rsi
Blogging daily now at www.volume.zone
  • #116,004
  • Sep 19, 2008 12:02pm Sep 19, 2008 12:02pm
Quoting malcolmb14
bearish divergence double top 197 for now ...

I have NO courage to go short ...lol , but did sell the long


Attachment
Neither do I. Regret didn't short at the top
  • #116,005
  • Sep 19, 2008 12:03pm Sep 19, 2008 12:03pm
Quoting igmak
Can't help. Shorted 196.50 for at least 200 pips drop

lol .. that is funny ... not today

not unless YM break that upward trend line on 5 min ....

might be a massive unwinding late in day ... but I doubt it....
Blogging daily now at www.volume.zone
  • #116,006
  • Sep 19, 2008 12:07pm Sep 19, 2008 12:07pm
Quoting igmak
I don't use default MT4 MACD indicator. Try one here.
Thanks
  • #116,007
  • Sep 19, 2008 12:08pm Sep 19, 2008 12:08pm
Quoting malcolmb14
lol .. that is funny ... not today

not unless YM break that upward trend line on 5 min ....

might be a massive unwinding late in day ... but I doubt it....
I think traders would not tend to keep it over night, who knows in the week-end bad news, plump 500 pips
  • #116,008
  • Sep 19, 2008 12:11pm Sep 19, 2008 12:11pm
anything, and i mean anything can happen over the weekend .. there is no way I would hold this thing over the weekend, especially after the moves we have seen in the last few days ...
  • #116,009
  • Sep 19, 2008 12:17pm Sep 19, 2008 12:17pm
Quoting mktjong
I think traders would not tend to keep it over night, who knows in the week-end bad news, plump 500 pips
or plump -ve 500

if I had one of those brokers that you can pay for guaranted stop I would hold a long and a short on the weekend ... stops 100 pips on each position cause I know one is going to make me 400
Blogging daily now at www.volume.zone
  • #116,010
  • Sep 19, 2008 12:19pm Sep 19, 2008 12:19pm
Came in since i went out in the morning only to see my 250+ tp hit from my long position.Happy Fri hehe
  • #116,011
  • Sep 19, 2008 12:21pm Sep 19, 2008 12:21pm
Interesting that it got relatively close to gap fill but cannot make it up there, the final 50 pips which for GY is like 2 pips for any other pair... so I wonder why she can't make it .. or if there will be a final run up today, but getting late now.
  • #116,012
  • Sep 19, 2008 12:27pm Sep 19, 2008 12:27pm
Quoting TraderStar
Interesting that it got relatively close to gap fill but cannot make it up there, the final 50 pips which for GY is like 2 pips for any other pair... so I wonder why she can't make it .. or if there will be a final run up today, but getting late now.

you still shorting rallies ?

just wondering
Blogging daily now at www.volume.zone
  • #116,013
  • Sep 19, 2008 12:29pm Sep 19, 2008 12:29pm
Like this strong trend 203-207 in on the card next week ..
  • #116,014
  • Sep 19, 2008 12:31pm Sep 19, 2008 12:31pm
I bet it's gonna pierce thru today's high and make a new high.
  • #116,015
  • Sep 19, 2008 12:31pm Sep 19, 2008 12:31pm
Quoting mktjong
Like this strong trend 203-207 in on the card next week ..

depends on what Kermit the frog and miss piggy aka ' The Muppets' come up with on the weekend

Blogging daily now at www.volume.zone
  • #116,016
  • Sep 19, 2008 12:35pm Sep 19, 2008 12:35pm
Quoting malcolmb14
you still shorting rallies ?

just wondering
I've been both long & short in past 24 hours .. currently long.
  • #116,017
  • Sep 19, 2008 12:36pm Sep 19, 2008 12:36pm
Quoting malcolmb14
depends on what Kermit the frog and miss piggy aka ' The Muppets' come up with on the weekend

I really don't dare to short with this strong trend :-)
  • #116,018
  • Sep 19, 2008 12:38pm Sep 19, 2008 12:38pm
Quoting mktjong
I bet it's gonna pierce thru today's high and make a new high.

It does look like it. I got suckered in with a short at 196.50 and it dipped slightled and blew past that. Covered it like a bunny!! And as Malcolmb said, my heart was pounding.

My GOLDEN RULE for this BEAST: Never SHORT until downtrend is 100% confirmed. Got bit in the ass too many times!
  • #116,019
  • Sep 19, 2008 12:41pm Sep 19, 2008 12:41pm
Quoting mktjong
I really don't dare to short with this strong trend :-)
I don't see a strong uptrend, I see repeated failures at the 197 level... even though there should be more propulsion to fill that gap.
  • #116,020
  • Sep 19, 2008 12:43pm Sep 19, 2008 12:43pm
Quoting TraderStar
I don't see a strong uptrend, I see repeated failures at the 197 level... even though there should be more propulsion to fill that gap.
Ok, you may try, I have been burnt twice since yesterday by shorting it :-)
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