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

  • #131,841
  • Nov 4, 2008 11:03pm Nov 4, 2008 11:03pm
Quoting 5ysfx
bearflag on m1 shorted at 15740
sell order at 15780
covered and long at 15690
  • #131,842
  • Nov 4, 2008 11:14pm Nov 4, 2008 11:14pm
Quoting malcolmb14
this is possible .... here is a 12hr chart

note the move higher up along the trend line before drop 180 to 140 .... interesting how it resembles this weeks move

if we get below that 153 zone good chance for the pattern to play out

Attachment
thanks malcolmb.....i would love to see just 153!!!!
--post hoc ergo propter hoc--
  • #131,843
  • Nov 4, 2008 11:18pm Nov 4, 2008 11:18pm
you will

I LOVE THE NEW PRESIDENT ALREADY ....lol
Blogging daily now at www.volume.zone
  • #131,844
  • Nov 4, 2008 11:21pm Nov 4, 2008 11:21pm
Quoting Monk
thanks malcolmb.....i would love to see just 153!!!!

symmetry using the peaks this week gives us a slope down into 148 by Friday

as long as that trend line holds

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy52.png Size: 174 KB
Blogging daily now at www.volume.zone
  • #131,845
  • Nov 4, 2008 11:24pm Nov 4, 2008 11:24pm
Quoting malcolmb14
you will

I LOVE THE NEW PRESIDENT ALREADY ....lol
i see another short coming
  • #131,846
  • Nov 4, 2008 11:38pm Nov 4, 2008 11:38pm
OBAMAAA WIN!!!


no more BOOOSH!!!!!!!


UJ has been trading above the 4H 100sma this week and it hasn't traded above this level since two months ago. UJ is now stuck in between some very strong support and resistance (4H 200ema and daily 50ema). I think we will see a clear direction on GJ once UJ breakout either upwards or downwards. Until then, scalp the nice big range.
  • #131,847
  • Nov 4, 2008 11:44pm Nov 4, 2008 11:44pm
this is what might to happen next

will short at 158 then long at 156
Attached Image (click to enlarge)
Click to Enlarge Name: qwerty.png Size: 41 KB
  • #131,848
  • Nov 4, 2008 11:45pm Nov 4, 2008 11:45pm
so here is the no mans land for me........had taken half off for some profits and i am still 150pips away from my original entry of 5900......do i close now and look to renter.....or watch the 150 pips dwindle away over 5 minute intervals?
--post hoc ergo propter hoc--
  • #131,849
  • Nov 4, 2008 11:50pm Nov 4, 2008 11:50pm
Quoting $teve
OBAMAAA WIN!!!


no more BOOOSH!!!!!!!


UJ has been trading above the 4H 100sma this week and it hasn't traded above this level since two months ago. UJ is now stuck in between some very strong support and resistance (4H 200ema and daily 50ema). I think we will see a clear direction on GJ once UJ breakout either upwards or downwards. Until then, scalp the nice big range.
Even though I was an Obama supporter, I never expected his election to do anything to prevent the coming collapse. But damned if I didn't feel a hint of optimism while listening to his speech.
  • #131,850
  • Nov 4, 2008 11:53pm Nov 4, 2008 11:53pm
Quoting 5ysfx
covered and long at 15690
closed 15890

added to short at 15890 1min ema 204
  • #131,851
  • Nov 4, 2008 11:54pm Nov 4, 2008 11:54pm
Quoting 5ysfx
closed 15890

added to short at 15890 1min ema 204
nice call, that was similar to mine
  • #131,852
  • Nov 4, 2008 11:54pm Nov 4, 2008 11:54pm
nice call 5
--post hoc ergo propter hoc--
  • #131,853
  • Nov 4, 2008 11:57pm Nov 4, 2008 11:57pm
Quoting markam
Even though I was an Obama supporter, I never expected his election to do anything to prevent the coming collapse. But damned if I didn't feel a hint of optimism while listening to his speech.
It was definitely moving and memorable. Son of a man from Kenya, now leader of the free world.
What's that smell?
  • #131,854
  • Nov 4, 2008 11:59pm Nov 4, 2008 11:59pm
and the caravan continues...

My little bear friends are back. Big daddy bear will appear during US session, with dropping TNX
Attached Image (click to enlarge)
Click to Enlarge Name: geppy.gif Size: 14 KB
  • #131,855
  • Nov 5, 2008 12:04am Nov 5, 2008 12:04am
thanks but little bit too early

shorted again at 15835 ema 204 m5 chart

This time TP 156 hopefully
  • #131,856
  • Nov 5, 2008 12:09am Nov 5, 2008 12:09am
Quoting 5ysfx
thanks but little bit too early

shorted again at 15835 ema 204 m5 chart

This time TP 156 hopefully
see this is what confuses me.....we are almost 200 pips off the low from an hour ago....and you are shorting scalps into that move when we are now nearly retraced 100% of the move that was "news" driven after having climbed nearly 800 pips over the last 24 hours.

why would you still be taking short scalps?

isn't this just beggin to get hurt???

please let me know.....just trying to learn.
--post hoc ergo propter hoc--
  • #131,857
  • Nov 5, 2008 12:12am Nov 5, 2008 12:12am
Is it because the rejections are stronger then the buying??
And every X pips up requires a quick push down of X??
--post hoc ergo propter hoc--
  • #131,858
  • Edited 12:28am Nov 5, 2008 12:16am | Edited 12:28am
Quoting Monk
see this is what confuses me.....we are almost 200 pips off the low from an hour ago....and you are shorting scalps into that move when we are now nearly retraced 100% of the move that was \"news\" driven after having climbed nearly 800 pips over the last 24 hours.

why would you still be taking short scalps?

isn't this just beggin to get hurt???

please let me know.....just trying to learn.
Ur thinking is wrong I used to think like u and get serious losses in the past

TL is at 156 and price must hit this level before bigboys come into play
Therefore i will be selling all rallies till 156 TP
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 42 KB
  • #131,859
  • Nov 5, 2008 12:24am Nov 5, 2008 12:24am
What's up peeps?! I'm back! I got my account with FXsol a few hours ago, and it's already up 3% . It just feels easier to make pips, than with FXCM. ...plus my system is TITE!
  • #131,860
  • Nov 5, 2008 12:26am Nov 5, 2008 12:26am
Quoting Petefaders
What's up peeps?! I'm back! I got my account with FXsol a few hours ago, and it's already up 3% . It just feels easier to make pips, than with FXCM. ...plus my system is TITE!
mind sharing? im always open to new ideas
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