{Some Profound Statement goes here}
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #146,262
- Dec 4, 2008 5:53pm Dec 4, 2008 5:53pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
just to say it again
big money is heavily net short this week, like i said before.
i see a massive meltdown tomorrow...100%.
i don'T even think it will need until monday
short your butt of where you can. i'll risk 10% of my fut acc. tomorrow at the right spot and reload depending on locked profits
ADVISE: DO NOT RISK 10% OF YOUR MONEY!
"Millionaires don't use astrology, billionaires do"
- #146,263
- Dec 4, 2008 5:53pm Dec 4, 2008 5:53pm
- | Joined Nov 2007 | Status: Trader | 1,839 Posts
just to say it again
big money is heavily net short this week, like i said before.
i see a massive meltdown tomorrow...100%.
i don'T even think it will need until monday
short your butt of where you can. i'll risk 10% of my fut acc. tomorrow at the right spot and reload depending on locked profits
ADVISE: DO NOT RISK 10% OF YOUR MONEY!
- #146,264
- Dec 4, 2008 5:58pm Dec 4, 2008 5:58pm
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
just to say it again
big money is heavily net short this week, like i said before.
i see a massive meltdown tomorrow...100%.
i don'T even think it will need until monday
short your butt of where you can. i'll risk 10% of my fut acc. tomorrow at the right spot and reload depending on locked profits
ADVISE: DO NOT RISK 10% OF YOUR MONEY!
,,,i've got 136.30 as possible next entry...but if it breaks that then i'll expect 137ish
- #146,265
- Dec 4, 2008 6:03pm Dec 4, 2008 6:03pm
- | Joined Nov 2007 | Status: Trader | 1,839 Posts
alright bruv 
- #146,266
- Dec 4, 2008 6:04pm Dec 4, 2008 6:04pm
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Reversal patterns on the USD/JPY. Price bounced from the downtrend channels LTL @ 92.10 and reversed. Lets see how far this one goes. The chart talks a thousand words actually 
I will post per request
I will post per request - #146,267
- Dec 4, 2008 6:05pm Dec 4, 2008 6:05pm
- Joined Sep 2006 | Status: Collector | 9,833 Posts
hehe I like when someone agrees , human nature i guess, we like reassurances
10% of your account , pffff sissy, bring on 100% leveraged to the max
ALL IN
p.s. Joke...
- #146,268
- Dec 4, 2008 6:06pm Dec 4, 2008 6:06pm
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
alright bruv
just splendid...
..baby
- #146,270
- Dec 4, 2008 6:16pm Dec 4, 2008 6:16pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #146,271
- Dec 4, 2008 6:19pm Dec 4, 2008 6:19pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
thinking alike again Q
Lots of buyer at the bottom which was protected on the NY close - would think they would want to sell at higher price - Too, too logical my friend!
- #146,272
- Dec 4, 2008 6:20pm Dec 4, 2008 6:20pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Something to consider. . .
1. Price closed below 136.05/30 support. . .
2. A short-term low seems to be in place based on wolf wave analysis. . .
3. 5 waves down and looks to be in an ABC correction. . .
4. Stoch on 1hr/4hr appear to be heading up. . .
If price get above the DP targets are set at 137.75, 138.40 and 140 area and possibly higher. . .
Alternatively, if price fails to get above DP (135.91) then 133/129 in the cards.
See chart. . .
There is also a strong down trendline on 60 min and we have a valid 1-2-3 sell formation with the 100 % fe falling on that s8 level at 131
The bounce happend in GU and GJ as expected today , but with the markets dropping the GJ was pushed down.
There was weakness in the dj today , however there was either buying or short covering at the end of market.
If we see more weakness in the markets tomorrow we may see uj and hence gj pushed down
Blogging daily now at www.volume.zone
- #146,273
- Edited 6:33pm Dec 4, 2008 6:21pm | Edited 6:33pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
[quote=botadufig05;2397447]
Please where can i get to read more on this use of Moving Averages, cause i love them a lot. Thanks
If you are interested in the Multiple Moving Averages go to:
http://www.forexfactory.com/showthre...ght=Guppy+GMMA
Only a few pages to review from an old forum.
There you will find downloadable word.docs and one .pdf file that you can
print and create a training manual at no cost with chart patterns showing
all you would need.
Look for post #14, #16 and #20 on this thread and also post #35 which
gives the motherload of Guppy GMMA. (hull.pdf) Don't be distracted by
derivations such as Linustroll's Cyrox Rainbow (Ultimate GMMA)...
it's visually a work of art but too much sensory input. I think the forum
died because of two many variations and poor direction.... and maybe it
doesn't work. LOL
Hope this helps,
[i]Dr. D.
Please where can i get to read more on this use of Moving Averages, cause i love them a lot. Thanks
I find it incredulous that there is so little discussion
on the use of multiple ma's as a core indicator and
trade signals indicating a very strong and specific
consolidation, concentration, and build up of pressure
followed often by an explosion in price action.
Daryl Guppy has been tagged with the term "Guppy MMA".
Notice wherever...
If you are interested in the Multiple Moving Averages go to:
http://www.forexfactory.com/showthre...ght=Guppy+GMMA
Only a few pages to review from an old forum.
There you will find downloadable word.docs and one .pdf file that you can
print and create a training manual at no cost with chart patterns showing
all you would need.
Look for post #14, #16 and #20 on this thread and also post #35 which
gives the motherload of Guppy GMMA. (hull.pdf) Don't be distracted by
derivations such as Linustroll's Cyrox Rainbow (Ultimate GMMA)...
it's visually a work of art but too much sensory input. I think the forum
died because of two many variations and poor direction.... and maybe it
doesn't work. LOL
Hope this helps,
[i]Dr. D.
- #146,276
- Dec 4, 2008 6:34pm Dec 4, 2008 6:34pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
I am short 136 and holding into 131 . The price was unable to get back above that S7 level and as long as price remains under that level S8 at 131 has to be visited.
There is also a strong down trendline on 60 min and we have a valid 1-2-3 sell formation with the 100 % fe falling on that s8 level at 131
The bounce happend in GU and GJ as expected today , but with the markets dropping the GJ was pushed down.
There was weakness in the dj today , however there was either buying or short covering at the end of market.
If we see more weakness...
The fixing should give clues where price is headed next. . . I have a feeling price will bought up then driven up and dumped before NY close 2morrow and into Sunday's open. . .
However, I'm also looking at a 500 pip fall if price fails to get above DP. . . but the bullish sentiments on 1hr/4hr can't be ignore although 4hr stoch looks like it could turn shortly then we have a repeat of yesterday but that would be to easy right?
- #146,277
- Dec 4, 2008 6:36pm Dec 4, 2008 6:36pm
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
- #146,279
- Dec 4, 2008 6:45pm Dec 4, 2008 6:45pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #146,280
- Dec 4, 2008 6:46pm Dec 4, 2008 6:46pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
the 4 hr rsi on ym has double top and the upward sloping trend line has been broken . I see another down day on DJ tomorrow.
DR geppy also mentioned some reasons that VSA more down tomorrow on DJ
Will be watching for a break of previous support closely. . .