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

  • #129,441
  • Oct 30, 2008 10:02pm Oct 30, 2008 10:02pm
WTF....this is the 3rd time tonight i have gotten screwed by some huge spike!!!!!!!!!!!!!!!
--post hoc ergo propter hoc--
  • #129,442
  • Oct 30, 2008 10:03pm Oct 30, 2008 10:03pm
Quoting igmak
Let's keep trading simple. If price above 1hr 50ema I am long otherwise short.

GJ formed triangle which will let us know where this thing will go. I have long position from 1hr 50ema where SL @ BE at this point.
just added one more long on 1hr 50ema

Edit: SL @ BE
Do not follow my trades. Trade what you see on your own charts.
  • #129,443
  • Oct 30, 2008 10:04pm Oct 30, 2008 10:04pm
Wow crazy action the BOJ ?
  • #129,444
  • Oct 30, 2008 10:04pm Oct 30, 2008 10:04pm
Yup, didn't see that one coming... I was on the right side earlier with GBP/USD, but the wrong side with euro yen.
What's that smell?
  • #129,445
  • Oct 30, 2008 10:06pm Oct 30, 2008 10:06pm
BOJ new rate is 0.30%

Edit: oanda spread 50 pips, just simply crazy
Do not follow my trades. Trade what you see on your own charts.
  • #129,446
  • Oct 30, 2008 10:10pm Oct 30, 2008 10:10pm
Wow, 240 pip in a 15 min bar... but I missed it
Lost...
  • #129,447
  • Oct 30, 2008 10:14pm Oct 30, 2008 10:14pm
If anyone of you notice, the rally might be actually bounce from 1h 50 EMA.
50 EMA has been very solid support...
Lost...
  • #129,448
  • Oct 30, 2008 10:14pm Oct 30, 2008 10:14pm
all of that insanity and we still can't get over 161.70/90 range.....same with EJ........worthless
--post hoc ergo propter hoc--
  • #129,449
  • Oct 30, 2008 10:17pm Oct 30, 2008 10:17pm
Quoting Monk
all of that insanity and we still can't get over 161.70/90 range.....same with EJ........worthless
which might tell us that it's meant to go down. but again here we are ranging
  • #129,450
  • Oct 30, 2008 10:18pm Oct 30, 2008 10:18pm
Quoting worlhin
Wow, 240 pip in a 15 min bar... but I missed it
was more like over 7 minutes
--post hoc ergo propter hoc--
  • #129,451
  • Oct 30, 2008 10:18pm Oct 30, 2008 10:18pm
here is how i just traded ej ... played spike up and down

roger rabit will verify was on skype with him at time

Attached Image (click to enlarge)
Click to Enlarge Name: ej.jpg Size: 254 KB
Blogging daily now at www.volume.zone
  • #129,452
  • Oct 30, 2008 10:20pm Oct 30, 2008 10:20pm
Quoting malcolmb14
here is how i just traded ej ... played spike up and down

roger rabit will verify was on skype with him at time

Attachment
yep i was there to witness the magic
  • #129,453
  • Oct 30, 2008 10:22pm Oct 30, 2008 10:22pm
Quoting Monk
was more like over 7 minutes
You have chart that with TF 7 min? I only have 5 min and 15 min as the nearest TF to 7 min...
Lost...
  • #129,454
  • Oct 30, 2008 10:30pm Oct 30, 2008 10:30pm
gbr/jpy day.
Attached Image (click to enlarge)
Click to Enlarge Name: gbrJpy1031d.GIF Size: 18 KB
  • #129,455
  • Oct 30, 2008 10:31pm Oct 30, 2008 10:31pm
[quote=malcolmb14;2317409]here is how i just traded ej ... played spike up and down

roger rabit will verify was on skype with him at time

quote]

Hi Malcolm...pls could u add me to skype, I have a few questions about vsa..thanks for your help..
skype ID: swannybwoy
  • #129,456
  • Oct 30, 2008 10:37pm Oct 30, 2008 10:37pm
With Japan cuts the rate, what will happen now, gpbjpy up or down, normally that is bad for japan, so it means it goes up, is that correct?
  • #129,457
  • Oct 30, 2008 10:44pm Oct 30, 2008 10:44pm
Quoting seejou
With Japan cuts the rate, what will happen now, gpbjpy up or down, normally that is bad for japan, so it means it goes up, is that correct?
already cut rate - but by 30 bps instead of 50 bps - this could be bearish (short term) and then bullish - imo
  • #129,458
  • Oct 30, 2008 10:47pm Oct 30, 2008 10:47pm
Quoting VishalJ
already cut rate - but by 30 bps instead of 50 bps - this could be bearish (short term) and then bullish - imo
they already did, so today we are going to see again huge spikes, anyone taken a long position here

thanks VishalJ
  • #129,459
  • Oct 30, 2008 10:49pm Oct 30, 2008 10:49pm
Quoting seejou
they already did, so today we are going to see again huge spikes, anyone taken a long position here

thanks VishalJ

I having a long on EJ with wide SL...monitoring action...
*no more trade for me..this week...I hope


Sonic
  • #129,460
  • Oct 30, 2008 10:53pm Oct 30, 2008 10:53pm
Quoting seejou
they already did, so today we are going to see again huge spikes, anyone taken a long position here

thanks VishalJ
I'm short.. markets don't like that boj didn't cut by 50 - this is a short term trade and this is volatile with low volume, so it's a small trade.
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