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

  • #128,581
  • Oct 29, 2008 10:34pm Oct 29, 2008 10:34pm
Quoting malcolmb14
If we get back above 162.50 it is a long .... last 3 min candle high volume , wide spread ....moved stop on short real tight as we could hit 162
closed short and reversed 162 , long now
Blogging daily now at www.volume.zone
  • #128,582
  • Oct 29, 2008 10:34pm Oct 29, 2008 10:34pm
Quoting moneybookers
ej is more tradable as gj spread is insane on my platform 20pips,ej only 4-5pips

shit!!
wow. i might switch to that pair.
oanda spread these days is just insane.
  • #128,583
  • Oct 29, 2008 10:37pm Oct 29, 2008 10:37pm
Quoting malcolmb14
closed short and reversed 162 , long now
nice long buddy but need to lock profit
  • #128,584
  • Oct 29, 2008 10:41pm Oct 29, 2008 10:41pm
Quoting moneybookers
nice long buddy

it was an easy one...

the 3 min cradles dropping into 162 were to long .....price dipped slightly under 162 then came back up ... it was a long for sure

volume and price action ... no indicators required ......

1.2 off +80 , stop to +20 on other half


163 may be short again not sure yet ..... wathcing
Blogging daily now at www.volume.zone
  • #128,585
  • Oct 29, 2008 10:42pm Oct 29, 2008 10:42pm
Quoting moneybookers
nice long buddy but need to lock profit
163 , 163,40 , 163.70 and 164 targets
Blogging daily now at www.volume.zone
  • #128,586
  • Oct 29, 2008 10:42pm Oct 29, 2008 10:42pm
sl hit on my shorts.b/e or lose 10pips
  • #128,587
  • Oct 29, 2008 10:44pm Oct 29, 2008 10:44pm
Quoting forexer
just shorted the beast at 162.30 targetin 161.10

life is not meant tobe easy
short position failed due to high volatility got out with 60 pips loss
I always knew that someday I would make it big
  • #128,588
  • Oct 29, 2008 10:45pm Oct 29, 2008 10:45pm
Let me guess it will touch up to 164 and laugh again and drop. lol
  • #128,589
  • Oct 29, 2008 10:47pm Oct 29, 2008 10:47pm
we might see 165.21 soon.
i think that will be the last spike up.
  • #128,590
  • Oct 29, 2008 10:47pm Oct 29, 2008 10:47pm
Quoting malcolmb14
it was an easy one...

the 3 min cradles dropping into 162 were to long .....price dipped slightly under 162 then came back up ... it was a long for sure

volume and price action ... no indicators required ......

1.2 off +80 , stop to +20 on other half


163 may be short again not sure yet ..... wathcing

if you think reversals on way dwon .. where might this stop ... how is price and volume acting before it gets to my possible reversal zone .... you can be ready for reverse.

car 163.30 , short now
Blogging daily now at www.volume.zone
  • #128,591
  • Oct 29, 2008 10:49pm Oct 29, 2008 10:49pm
Quoting malcolmb14
if you think reversals on way dwon .. where might this stop ... how is price and volume acting before it gets to my possible reversal zone .... you can be ready for reverse.

car 163.30 , short now
40 pips off moved stop be +5 other half

Attached Image (click to enlarge)
Click to Enlarge Name: gj.jpg Size: 160 KB
Blogging daily now at www.volume.zone
  • #128,592
  • Oct 29, 2008 10:51pm Oct 29, 2008 10:51pm
out short

no sellers ..... looks like long 162.80 for ride to 163.5
Blogging daily now at www.volume.zone
  • #128,593
  • Oct 29, 2008 11:00pm Oct 29, 2008 11:00pm
Quoting malcolmb14
out short

no sellers ..... looks like long 162.80 for ride to 163.5

did i say 163.5 ... sorry meant 169.5 ..lol


out half for + 50 stop be +10 other half ... move up to fast ....163.40 may be short zone
Blogging daily now at www.volume.zone
  • #128,594
  • Oct 29, 2008 11:02pm Oct 29, 2008 11:02pm
Quoting malcolmb14
out short

no sellers ..... looks like long 162.80 for ride to 163.5
nice call. how did you estimate the TP to be ~163.5?
  • #128,595
  • Oct 29, 2008 11:02pm Oct 29, 2008 11:02pm
Quoting malcolmb14
163.40 may be short zone
exactly my friend
  • #128,596
  • Oct 29, 2008 11:03pm Oct 29, 2008 11:03pm
spreads are killing me out for night ..... sat down to do coulpe of emails ... 3 hours and 450 pip later I am still here

have a good night all

remember it is all in the volume and price action .. all trade posted here tonight had NOTHING to do with any indicators.....once you get to understand volume and price action you can hit the trades with deadly accuracy
Blogging daily now at www.volume.zone
  • #128,597
  • Oct 29, 2008 11:05pm Oct 29, 2008 11:05pm
Quoting rogerdoger
nice call. how did you estimate the TP to be ~163.5?

reached behind me and pulled it out of the place where the sun does not shine

163.68 was previous resistance

Attached Image (click to enlarge)
Click to Enlarge Name: gj.jpg Size: 176 KB
Blogging daily now at www.volume.zone
  • #128,598
  • Oct 29, 2008 11:09pm Oct 29, 2008 11:09pm
Quoting malcolmb14
reached behind me and pulled it out of the place where the sun does not shine

163.68 was previous resistance

Attachment
thanks gotcha!
  • #128,599
  • Oct 29, 2008 11:09pm Oct 29, 2008 11:09pm
Quoting malcolmb14
did i say 163.5 ... sorry meant 169.5 ..lol


out half for + 50 stop be +10 other half ... move up to fast ....163.40 may be short zone

the 163.40 short closed on 162.70 ....now looks like long 162.80 to 163.5 again
Blogging daily now at www.volume.zone
  • #128,600
  • Oct 29, 2008 11:10pm Oct 29, 2008 11:10pm
Quoting malcolmb14
reached behind me and pulled it out of the place where the sun does not shine

163.68 was previous resistance

Attachment
Cool .. What time frame is your posted chart? Thanks.
I did a quick scalp too, first time using 1 min chart .. LOL
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