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

  • #119,861
  • Oct 7, 2008 2:19pm Oct 7, 2008 2:19pm
Quoting lilmoe
am i seeing things or did GBP/AUD really go up 2000 pips on monday?
no it really did ...

and last night it gapped 500 pips on news ,,,,, shorted it almost at top and let her ride all way down
Blogging daily now at www.volume.zone
  • #119,862
  • Oct 7, 2008 2:20pm Oct 7, 2008 2:20pm
Quoting malcolmb14
no it really did ...

and last night it gapped 500 pips on news ,,,,, shorted it almost at top and let her ride all way down
just the ranges have been 400 pips today......
Blogging daily now at www.volume.zone
  • #119,863
  • Oct 7, 2008 2:20pm Oct 7, 2008 2:20pm
Quoting lilmoe
am i seeing things or did GBP/AUD really go up 2000 pips on monday?
2055 points to be exact
  • #119,864
  • Oct 7, 2008 2:23pm Oct 7, 2008 2:23pm
Quoting malcolmb14
no it really did ...

and last night it gapped 500 pips on news ,,,,, shorted it almost at top and let her ride all way down
dude, how the hell are u supposed to trade that thing, and what kind of SL are u supposed to have...... 5m charts look like crap today, only 1m chart look tradeable....
  • #119,865
  • Oct 7, 2008 2:24pm Oct 7, 2008 2:24pm
Quoting belekas
2055 points to be exact
  • #119,866
  • Oct 7, 2008 2:25pm Oct 7, 2008 2:25pm
i cant get over the dj this is just way too crazy
  • #119,867
  • Oct 7, 2008 2:27pm Oct 7, 2008 2:27pm
Waiting for that puppy to break through.

If previous days are an indication of what to expect in Asia, we should see it fall.

B
Attached Image (click to enlarge)
Click to Enlarge Name: chrt.jpg Size: 135 KB
  • #119,868
  • Oct 7, 2008 2:32pm Oct 7, 2008 2:32pm
Quoting lilmoe
dude, how the hell are u supposed to trade that thing, and what kind of SL are u supposed to have...... 5m charts look like crap today, only 1m chart look tradeable....

here is chart

rsi corssing 30/40/50/60 or 70 ..I use those vlaues as pivots , sometime ignoring price all together. i wait for rsi to cross up through say 40 , wait for candle to close , add 20 pip to high of candle to confirm trend , that is it.

the vertical lines are trade signals ... the horizontal lines corrsponding colours are entry....typically rsi will bounce 40 to 60 and does not always get in the over bought / oversold zones.

Once i have 60 pip I move stop to break even , 100 pip i take 1/2 off and move stop +10 incase i get one of those 100 pip plus moves .

Trading ga like this right now you can easiliy do 300 - 700 pips per day

Attached Image (click to enlarge)
Click to Enlarge Name: ga.gif Size: 20 KB
Blogging daily now at www.volume.zone
  • #119,869
  • Oct 7, 2008 2:34pm Oct 7, 2008 2:34pm
bigcoupe what do u think will happen after the formation of this triangle ??
it will shoot up??
  • #119,870
  • Oct 7, 2008 2:36pm Oct 7, 2008 2:36pm
long, 177.40
  • #119,871
  • Oct 7, 2008 2:36pm Oct 7, 2008 2:36pm
Quoting anthonykay
bigcoupe what do u think will happen after the formation of this triangle ??
it will shoot up??
I expect it to break out the bottom of the triangle. In fact, it's sitting on the line right now

B
  • #119,872
  • Oct 7, 2008 2:36pm Oct 7, 2008 2:36pm
Quoting malcolmb14
here is chart

rsi corssing 30/40/50/60 or 70 ..I use those vlaues as pivots , sometime ignoring price all together. i wait for rsi to cross up through say 40 , wait for candle to close , add 20 pip to high of candle to confirm trend , that is it.

the vertical lines are trade signals ... the horizontal lines corrsponding colours are entry....typically rsi will bounce 40 to 60 and does not always get in the over bought / oversold zones.

Once i have 60 pip I move stop to break even , 100 pip i take 1/2 off and move stop +10 incase i get one of those 100 pip plus moves .

Trading ga like this right now you can easiliy do 300 - 700 pips per day

Attachment

this styel gave me 2 trades gj last 2 hour... 70 pips and short last entry was

177.90 , took 50 pips on 1/2 and moved other half to +10
Blogging daily now at www.volume.zone
  • #119,873
  • Oct 7, 2008 2:38pm Oct 7, 2008 2:38pm
Quoting malcolmb14
here is chart

rsi corssing 30/40/50/60 or 70 ..I use those vlaues as pivots , sometime ignoring price all together. i wait for rsi to cross up through say 40 , wait for candle to close , add 20 pip to high of candle to confirm trend , that is it.

the vertical lines are trade signals ... the horizontal lines corrsponding colours are entry....typically rsi will bounce 40 to 60 and does not always get in the over bought / oversold zones.

Once i have 60 pip I move stop to break even , 100 pip i take 1/2 off and move stop +10 incase i get one of those 100 pip plus moves .

Trading ga like this right now you can easiliy do 300 - 700 pips per day

Attachment
looks good bro.

gj's my girl, 780 pips is what she gave me today
  • #119,874
  • Oct 7, 2008 2:39pm Oct 7, 2008 2:39pm
Quoting lilmoe
long, 177.40

I think ym pushes to new lod .... 177 test gj
Blogging daily now at www.volume.zone
  • #119,875
  • Oct 7, 2008 2:40pm Oct 7, 2008 2:40pm
Quoting lilmoe
looks good bro.

gj's my girl, 780 pips is what she gave me today
And you guys don't own a Lambo yet? Man..thats some serious Pips. I'm happy when I get that a week.

B
  • #119,876
  • Oct 7, 2008 2:41pm Oct 7, 2008 2:41pm
Quoting lilmoe
long, 177.40
Insanity
Trade what you see, not what you think.
  • #119,877
  • Oct 7, 2008 2:41pm Oct 7, 2008 2:41pm
i think we r going to see a double bottom on dji so it will be a great opportunity to enter for long
  • #119,878
  • Oct 7, 2008 2:42pm Oct 7, 2008 2:42pm
Quoting lilmoe
looks good bro.

gj's my girl, 780 pips is what she gave me today

last trade gbpaud +200 in 50 min ... it is the real beast ....lol

even in a regualr market i have been looking back in charts ....it really moves in daily ranges 2x gj ... I can get fixed spread 9 pips ...so that is ok as most trades are 100 plus pips
Blogging daily now at www.volume.zone
  • #119,879
  • Oct 7, 2008 2:43pm Oct 7, 2008 2:43pm
Quoting lilmoe
long, 177.40
That's a break out of the triangle. Not sure I agree. Time will tell.

B
  • #119,880
  • Oct 7, 2008 2:44pm Oct 7, 2008 2:44pm
Quoting lilmoe
long, 177.40
FIBO 76.4 @ 177.17 right there!

and nice H/S on 1H
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