LOL TraderStar now I understand you asking me to change my chart colours last week.
Preferably pink! 
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #124,222
- Oct 21, 2008 12:16pm Oct 21, 2008 12:16pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
not danger
demand seeker
moved SL to entry free ride
targeting 1H - EMA14 (it could take some time)
I know you are a far better trader on lower timeframes, its just because I have seen beast taken pivot resistance 2. And if it takes pivot resitance 2 it might take Nr. 3. I hope, you are rigth, because it will give me a better short entry
Just started 4 h candle has no upper wick, strange. Most yen crosses are sitting on 4 h tom demark support, if broken: free fall. If not: good PIPS for you
- #124,224
- Oct 21, 2008 12:23pm Oct 21, 2008 12:23pm
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
5,
I know you are a far better trader on lower timeframes, its just because I have seen beast taken pivot resistance 2. And if it takes pivot resitance 2 it might take Nr. 3. I hope, you are rigth, because it will give me a better short entry
Just started 4 h candle has no upper wick, strange. Most yen crosses are sitting on 4 h tom demark support, if broken: free fall. If not: good PIPS for you
IMO gopher seems found support
also O/S with no momentum
cable double bottom possibly
- #124,227
- Oct 21, 2008 12:26pm Oct 21, 2008 12:26pm
- | Joined Dec 2007 | Status: Pakute Trader | 885 Posts
lol Karmo ... you were talking about Earth being ok earlier .. mine just blew up when i saw you mention bear flag 1min and 5 min lol ...I thought is that really Karmo or did the Aliens steal the real Karmo and replace him with someone else .... lol ..
I remember the old days when you laughed at me for trading 5 min charts........ always 20 - 60 pip trades to be had those days ... now 200 to 600
- #124,229
- Oct 21, 2008 12:36pm Oct 21, 2008 12:36pm
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
This is one massive channel if it holds. I'm long from 169.40 targeting the 23.6 and 50 fib of this move down and the top of this channel.
it looks like giant bullflag
- #124,230
- Oct 21, 2008 12:37pm Oct 21, 2008 12:37pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #124,231
- Oct 21, 2008 12:39pm Oct 21, 2008 12:39pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
pointer for the wanna be scalpers
1) look for high volume fast moves on small time frames
2) look for bottoms / consolidation
3) with in this look for low volume , low spread bars = no supply bars ( sellers dried up) go long ... scalp 20 - 50 pips ... be happy
entry my entry ...169.45 ( just above blue t30line ...30 pip lines off daily pivot)
target 170 ( 60 pips)
1) look for high volume fast moves on small time frames
2) look for bottoms / consolidation
3) with in this look for low volume , low spread bars = no supply bars ( sellers dried up) go long ... scalp 20 - 50 pips ... be happy
entry my entry ...169.45 ( just above blue t30line ...30 pip lines off daily pivot)
target 170 ( 60 pips)
Blogging daily now at www.volume.zone
- #124,233
- Oct 21, 2008 12:52pm Oct 21, 2008 12:52pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
and what funny is
it looks like giant bullflag
if this plays out, i have an FE 100 at 184.40, and that's the level i think we need to retest. if we do actually go there, i doubt it would be taken out. i could be wrong of course.
meanwhile, 1h and above are still looking pretty bearish, i won't let go of my shorts either
safe trading everyone!
- #124,235
- Oct 21, 2008 12:56pm Oct 21, 2008 12:56pm
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
Discipline + Patience - Fear - Greed = Success
- #124,237
- Edited 1:18pm Oct 21, 2008 1:12pm | Edited 1:18pm
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
- #124,238
- Oct 21, 2008 1:18pm Oct 21, 2008 1:18pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
added some here because 30 sec mom div and 1min mom 0.25 level rejection
169.35 nice level to go long off .. but because we get no supply bar again on 5 MIN ..
Blogging daily now at www.volume.zone
- #124,239
- Oct 21, 2008 1:20pm Oct 21, 2008 1:20pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
do what ??/ 30 sec ....
169.35 nice level to go long off .. but because we get no supply bar again on 5 MIN ..
Blogging daily now at www.volume.zone
- #124,240
- Oct 21, 2008 1:23pm Oct 21, 2008 1:23pm
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
as u can see there are many ways which lead us to same conclusion