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

  • #127,481
  • Oct 28, 2008 1:18pm Oct 28, 2008 1:18pm
just went long at 151.12 targeting 153.70

warning:don't follow me i'm speculating aggressuvely
I always knew that someday I would make it big
  • #127,482
  • Oct 28, 2008 1:22pm Oct 28, 2008 1:22pm
Quoting peaches
hi mykefx,

I give the 5 min rsi13 system from malcmolmb a try, since 1 week.

If you know the main direction, enter if the rsi13 is below 30 or above 70.

I use this as entrys and exits with very good results in a trending market.


send commission to ...... lol

glad to see it was of use and you making some green ones ... done over 20 trades today ..... lol ..... is that over trading ????

catching up moves and retracements ... having a grand old time

last 2 were short 151 for 50 pip , then long 150.75 for 60 pip , still in sceond one with stop moved to 151.20
Blogging daily now at www.volume.zone
  • #127,483
  • Oct 28, 2008 1:23pm Oct 28, 2008 1:23pm
Quoting forexer
just went long at 151.12 targeting 153.70

warning:don't follow me i'm speculating aggressuvely
S/L 200 pips down
I always knew that someday I would make it big
  • #127,484
  • Oct 28, 2008 1:27pm Oct 28, 2008 1:27pm
Quoting malcolmb14
send commission to ...... lol

glad to see it was of use and you making some green ones ... done over 20 trades today ..... lol ..... is that over trading ????

catching up moves and retracements ... having a grand old time

last 2 were short 151 for 50 pip , then long 150.75 for 60 pip , still in sceond one with stop moved to 151.20
stop moved up .... half off at 151.85 ... T30 line

what made me go long .. easy 3 min could not break T30 line at 150.35 ... then rsi down thru and back upo thru 50 = reversal trigger ... waited for breakout of next T30 line above support line 150.75

gunning for 152.60

Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 17 KB
Blogging daily now at www.volume.zone
  • #127,485
  • Oct 28, 2008 1:29pm Oct 28, 2008 1:29pm
Yeah baby! rise from your grave.
  • #127,486
  • Oct 28, 2008 1:30pm Oct 28, 2008 1:30pm
Quoting malcolmb14
stop moved up .... half off at 151.85 ... T30 line

what made me go long .. easy 3 min could not break T30 line at 150.35 ... then rsi down thru and back upo thru 50 = reversal trigger ... waited for breakout of next T30 line above support line 150.75

gunning for 152.60

Attachment

I took all off at 152.60 ....waiting for retrace ifi it happens .. move looks way to impulsive in markets , that was a nice surprise ....
Blogging daily now at www.volume.zone
  • #127,487
  • Oct 28, 2008 1:30pm Oct 28, 2008 1:30pm
i think beast has bottomed out at 139.60 ,and that level will be stubborn support level tobe breached in the meduim term.


anyway ,time will tell.
I always knew that someday I would make it big
  • #127,488
  • Oct 28, 2008 1:32pm Oct 28, 2008 1:32pm
Quoting forexer
just went long at 151.12 targeting 153.70

warning:don't follow me i'm speculating aggressuvely

I closed mine 152.60 .. breaks this my next target would be 153.80

hopped back in 152.80
Blogging daily now at www.volume.zone
  • #127,489
  • Oct 28, 2008 1:34pm Oct 28, 2008 1:34pm
Quoting forexer
just went long at 151.12 targeting 153.70

warning:don't follow me i'm speculating aggressuvely
my target at 153.70 is about tobe hit
my long position is performing wonderfully
I always knew that someday I would make it big
  • #127,490
  • Oct 28, 2008 1:35pm Oct 28, 2008 1:35pm
Welcome back Karmo,

I was sick as well and after being couped up in the house for a week, finally out again!

Now making some Bullpips!

B
  • #127,491
  • Oct 28, 2008 1:35pm Oct 28, 2008 1:35pm
Quoting malcolmb14
I closed mine 152.60 .. breaks this my next target would be 153.80

hopped back in 152.80

out now .. .way to much excitement for one day ...lol
Blogging daily now at www.volume.zone
  • #127,492
  • Oct 28, 2008 1:36pm Oct 28, 2008 1:36pm
Quoting peaches
hi mykefx,

I give the 5 min rsi13 system from malcmolmb a try, since 1 week.

If you know the main direction, enter if the rsi13 is below 30 or above 70.

I use this as entrys and exits with very good results in a trending market.
Thanks Peaches I will try it.
  • #127,493
  • Oct 28, 2008 1:36pm Oct 28, 2008 1:36pm
153 short .. stopped dead on T30 line .. to impulsive as i thought


30 - 60 pip retrace

Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 14 KB
Blogging daily now at www.volume.zone
  • #127,494
  • Oct 28, 2008 1:41pm Oct 28, 2008 1:41pm
great call peaches and karmo. looks like 154 is the next target at the 33 ema and 38 fibo.
"Don't trade to trade . . . trade to win." - James16
  • #127,495
  • Oct 28, 2008 1:42pm Oct 28, 2008 1:42pm
Quoting bigcoupe
Welcome back Karmo,

I was sick as well and after being couped up in the house for a week, finally out again!

Now making some Bullpips!

B
Thanks, same to you Bigcoupe

Being sick is just horrible I know.

Lets collect those green pips
Trade what you see, not what you think.
  • #127,496
  • Oct 28, 2008 1:43pm Oct 28, 2008 1:43pm
Quoting MykeFX
Thanks Peaches I will try it.

there is a little more to it than that ...lol

john hayden the complete rsi .. is the book you need to read
Blogging daily now at www.volume.zone
  • #127,497
  • Oct 28, 2008 1:44pm Oct 28, 2008 1:44pm
Quoting malcolmb14
153 short .. stopped dead on T30 line .. to impulsive as i thought


30 - 60 pip retrace

Attachment
got the retrace .. now long again ..lol ... off to 154 we go .... R5 on last chart I posted
Blogging daily now at www.volume.zone
  • #127,498
  • Oct 28, 2008 1:45pm Oct 28, 2008 1:45pm
I think they are pricing in the tomorrow's rate cut
  • #127,499
  • Oct 28, 2008 1:47pm Oct 28, 2008 1:47pm
Quoting malcolmb14
got the retrace .. now long again ..lol ... off to 154 we go .... R5 on last chart I posted

things do look a little on the impulsive side. ... large spread high volume bars both on the Ym and the GJ ... so watching carefully for any signs or reversal
Blogging daily now at www.volume.zone
  • #127,500
  • Oct 28, 2008 1:47pm Oct 28, 2008 1:47pm
Quoting vinesh2
I think they are pricing in the tomorrow's rate cut

yeah they are taking this oppertunity to drive the market higher so they can short at better prices tomorrow
Blogging daily now at www.volume.zone
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