I win ...lol ... there is my 160 ... now 154 here we come ....
TA 1
VSA 3
this is simple when you can read the market ...hit rate these days 90%
Blogging daily now at www.volume.zone
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #129,301
- Oct 30, 2008 7:27pm Oct 30, 2008 7:27pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #129,302
- Oct 30, 2008 7:27pm Oct 30, 2008 7:27pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
this dip setup for me 164 target perfectly
so lets see what is next
until this TL is taken out, i'm shorting each touch. so far 4 touches = 4 trades for me, each with 70 - 120 pips partial profit, around 400 pips just by selling those small rallies and taking partial profit while leaving the rest at b/e. i have 7 short orders running right now targeting lower levels and each at 150 pips to 400 pips in profit.
next is 160, if taken out say bye bye to your fresh dips...
i'll keep shorting those small rallies until i see some serious bullish confirmation. and so far, the only confirmation i have is bearish.
just a little heads up.
- #129,303
- Oct 30, 2008 7:28pm Oct 30, 2008 7:28pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
nice how the hi/lo moved right up into the kill zone on 4hr 
"Millionaires don't use astrology, billionaires do"
- #129,304
- Oct 30, 2008 7:29pm Oct 30, 2008 7:29pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #129,306
- Oct 30, 2008 7:30pm Oct 30, 2008 7:30pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
you have to read the market .. understand it .... watch the spreads on the candles (bar high to low) and volume . VOLUME IS KING ABOVE ALL ELSE I use to trade stocks based only on volume and then found ESIGNAL that has tick volume from GTIS
read anything by richard wyckoff for vsa
Today's wild card is BOJ decision .. don't know what impact would be if a 25 bps cut.
- #129,308
- Oct 30, 2008 7:31pm Oct 30, 2008 7:31pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #129,311
- Oct 30, 2008 7:32pm Oct 30, 2008 7:32pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #129,312
- Oct 30, 2008 7:32pm Oct 30, 2008 7:32pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
FXCM spread is killing me ..20-40 pips spread and also on GU .. 
I didn't believe when I heard some of you said until getting back to them again ..
I didn't believe when I heard some of you said until getting back to them again ..
- #129,313
- Oct 30, 2008 7:33pm Oct 30, 2008 7:33pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
I win ...lol ... there is my 160 ... now 154 here we come ....
TA 1
VSA 3
this is simple when you can read the market ...hit rate these days 90%
nope, not your win alone
all i need now is a close below 1h 50ema at 159.20 (i will also lock some pips there), when that's taken care of, i don't think 154 will be that big of a burden.
- #129,314
- Oct 30, 2008 7:33pm Oct 30, 2008 7:33pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #129,315
- Oct 30, 2008 7:33pm Oct 30, 2008 7:33pm
just shorted the pair 160.33 targeting 155.00
warning :don't follow me ,i'm speculating aggressively
S/L 300 PIPS ABOVE ENTRY,i'm going to take partial profits as the beast heads down
I always knew that someday I would make it big
- #129,316
- Oct 30, 2008 7:35pm Oct 30, 2008 7:35pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #129,318
- Oct 30, 2008 7:36pm Oct 30, 2008 7:36pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
nope, not your win alone
all i need now is a close below 1h 50ema at 159.20 (i will also lock some pips there), when that's taken care of, i don't think 154 will be that big of a burden.
no a game between me and 5 .....
Blogging daily now at www.volume.zone
- #129,319
- Oct 30, 2008 7:36pm Oct 30, 2008 7:36pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
nope, not your win alone
all i need now is a close below 1h 50ema at 159.20 (i will also lock some pips there), when that's taken care of, i don't think 154 will be that big of a burden.
(Could be next week)