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

  • #125,581
  • Oct 23, 2008 3:20pm Oct 23, 2008 3:20pm
Quoting TraderStar
This time Malcolmb gets them:
lol
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  • #125,582
  • Oct 23, 2008 3:23pm Oct 23, 2008 3:23pm
Quoting gillybabe
Do you think this is the end of the retracement?
I think it is just a begining. we should see 156-157 and then go up higher
Do not follow my trades. Trade what you see on your own charts.
  • #125,583
  • Oct 23, 2008 3:25pm Oct 23, 2008 3:25pm
Quoting malcolmb14
that is r1 that it stopped dead on .... closed my scalp short for now for 90 pips..... waiting here

Attachment

that was a little profit taking 159.25 short once more. .... reatrcement not done yet ... IT HAS TO TOUCH 158.25
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  • #125,584
  • Oct 23, 2008 3:30pm Oct 23, 2008 3:30pm
Do you think it will revisit or even go past 155?

Quoting malcolmb14
that was a little profit taking 159.25 short once more. .... reatrcement not done yet ... IT HAS TO TOUCH 158.25
Regards, Android.
  • #125,585
  • Oct 23, 2008 3:30pm Oct 23, 2008 3:30pm
well there was a short try for the upside but I think the bears are winning and we will fall a little more before any more waves up
  • #125,586
  • Oct 23, 2008 3:35pm Oct 23, 2008 3:35pm
If it breaks 158 we'll see lower numbers but it's probably going to hold at that level for a bit if the bulls don't try to buy in now
  • #125,587
  • Oct 23, 2008 3:36pm Oct 23, 2008 3:36pm
Quoting malcolmb14
that was a little profit taking 159.25 short once more. .... reatrcement not done yet ... IT HAS TO TOUCH 158.25

there is my target ... now lets see if this support holds ..... this is the level mr market makers wants to test... what an afternoon .. 500 up and 170 down .. with a little 60 pipper in the middle
Blogging daily now at www.volume.zone
  • #125,588
  • Oct 23, 2008 3:38pm Oct 23, 2008 3:38pm
Quoting malcolmb14
that was a little profit taking 159.25 short once more. .... reatrcement not done yet ... IT HAS TO TOUCH 158.25
Might bounce again from 156.85
  • #125,589
  • Oct 23, 2008 3:38pm Oct 23, 2008 3:38pm
Bullish Hidden Divergence on m5
Do not follow my trades. Trade what you see on your own charts.
  • #125,590
  • Oct 23, 2008 3:39pm Oct 23, 2008 3:39pm
long from m15 50ema
I recommend you read something else as this sentence is now concluded.
  • #125,591
  • Oct 23, 2008 3:40pm Oct 23, 2008 3:40pm
Quoting plrbear
If it breaks 158 we'll see lower numbers but it's probably going to hold at that level for a bit if the bulls don't try to buy in now

use these as possible reversal areas:

157.7 , 156.75 and 156.30 . I just took little long off 157.7 area as that is 38 % fib retrace and may make ok trade / rebound for 50 pip
Blogging daily now at www.volume.zone
  • #125,592
  • Oct 23, 2008 3:40pm Oct 23, 2008 3:40pm
Quoting malcolmb14
there is my target ... now lets see if this support holds ..... this is the level mr market makers wants to test... what an afternoon .. 500 up and 170 down .. with a little 60 pipper in the middle
lol and so begins the battle again lol

I have pulled in just 400 pips quick scalping up and down. I like
  • #125,593
  • Oct 23, 2008 3:42pm Oct 23, 2008 3:42pm
Quoting malcolmb14
use these as possible reversal areas:

157.7 , 156.75 and 156.30 . I just took little long off 157.7 area as that is 38 % fib retrace and may make ok trade / rebound for 50 pip
out for 30 ....

there were some buyers on that 157.7 level .. but not enough yet
Blogging daily now at www.volume.zone
  • #125,594
  • Oct 23, 2008 3:43pm Oct 23, 2008 3:43pm
Quoting plrbear
lol and so begins the battle again lol

I have pulled in just 400 pips quick scalping up and down. I like

welcome to my life ..

earlier today i found a 50 pip range on gu that i pulled 200 pip out of .. then it took off for another 200 .... not to mention gj ....very nice afternoon , if you know what you are doing in this market there is loads of pips to be made
Blogging daily now at www.volume.zone
  • #125,595
  • Oct 23, 2008 3:44pm Oct 23, 2008 3:44pm
Hey Malcolmb I just wanted to say thanks. I have been trading this for about 2 years and in the past 2 months on this forum you have taught me more than anything so far.

I'm out till tonight. got to go. thanks guys

good trading
  • #125,596
  • Oct 23, 2008 3:44pm Oct 23, 2008 3:44pm
me no get medal for calling that this thing would drop below 155.00 a bit getting everyone short then i buy and make money?

I want a medal like malcomb14
  • #125,597
  • Oct 23, 2008 3:44pm Oct 23, 2008 3:44pm
Looks like its doing its St. Vitus dance again....

30 pip jumps at a time ... how do you trade that??
  • #125,598
  • Oct 23, 2008 3:45pm Oct 23, 2008 3:45pm
here is chart showing support levels to down side


Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 21 KB
Blogging daily now at www.volume.zone
  • #125,599
  • Oct 23, 2008 3:47pm Oct 23, 2008 3:47pm
Quoting plrbear
Hey Malcolmb I just wanted to say thanks. I have been trading this for about 2 years and in the past 2 months on this forum you have taught me more than anything so far.

I'm out till tonight. got to go. thanks guys

good trading

thanks for saying that ......
Blogging daily now at www.volume.zone
  • #125,600
  • Oct 23, 2008 3:47pm Oct 23, 2008 3:47pm
Quoting TraderStar
Looks like its doing its St. Vitus dance again....

30 pip jumps at a time ... how do you trade that??

sell the rallies for now .. i am still short off top .. trying to catch a little ride up on bounces on major support levels....
Blogging daily now at www.volume.zone
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