hi cruiser.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #146,741
- Dec 5, 2008 9:55pm Dec 5, 2008 9:55pm
- Joined Jul 2007 | Status: Following The Trade Winds | 8,442 Posts
- #146,742
- Dec 5, 2008 9:59pm Dec 5, 2008 9:59pm
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
Have a great weekend, my friend!
- #146,745
- Edited Dec 6, 2008 12:08am Dec 5, 2008 10:57pm | Edited Dec 6, 2008 12:08am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
hello guys!!!
today was the craziest day of my life, i had SO many important stuff to do day. i did NOT have time to post, but i made some serious trades today...
let's see now, i've never seen things so beautifully set up for the -best trade of the month- to be
if ANYONE has read and understood my posts in this past week, they would probably have made every damn pip today. VERY easy, and VERY predictable. same patter, VERY exact pattern (will post charts in a bit).... we should NOT see anything above today's high... nada, nothing,...
But one thing I would say GPB could also creep up to around 139.xx--- 140xx.... Then Drop... I could be wrong... Bearish Diversion on Daily similar to what we had in the past for bigger drops..I see this thing going to as much as 117xx--- 116xx.. ya I read your post last week.. very accurate. We also need Candle stick Guys (hussin--peaches) to confirm the pattern..
Markets are not Random, they are designed!
- #146,747
- Dec 6, 2008 12:05am Dec 6, 2008 12:05am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #146,748
- Dec 6, 2008 12:13am Dec 6, 2008 12:13am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #146,749
- Dec 6, 2008 12:26am Dec 6, 2008 12:26am
- Joined Oct 2008 | Status: aka Neal Vanderstelt | 2,902 Posts
Before Forex I was tall, and clean shaven. Now I am an Ewok.
- #146,750
- Dec 6, 2008 4:13am Dec 6, 2008 4:13am
- | Commercial User | Joined Dec 2007 | 1,089 Posts
Hello Lilmoe,
You have been right, it was exactly same pattern.
I made some pips by move down to 133, close it. I like Piters calls and he hepled me ( so far so good ) to identify Fibs and I like them. I followed his Fibs and I could not believe that I seen to go UP around 134,05. I did it open long, but close it, because I thought that bias is still down..open short ..got stopped..no problem..open another one on a same price like Piters got some 20 pips and walked away.
Fibs together with Your 15M strategy work pretty well.
Came home from the office and it was 136,00??? I could not belive but market yesterady was very QQQQQ all day, just for me maybe.....
Anyway..looking forward for loading nice sweet shorts if there would be a possibility on Monday. But it looks exactly like on October 3rd.2008. Same patterns..same day..so hope we go to 121...and then I buy ticket for soccer match in Chelsea and I will order double portion of baked beans with bacon and eggs for breakfast.
Happy weekend to everybody!!!!!![quote=lilmoe;2400287]hello guys!!!
today was the craziest day of my life, i had SO many important stuff to do day. i did NOT have time to post, but i made some serious trades today...
let's see now, i've never seen things so beautifully set up for the -best trade of the month- to be
You have been right, it was exactly same pattern.
I made some pips by move down to 133, close it. I like Piters calls and he hepled me ( so far so good ) to identify Fibs and I like them. I followed his Fibs and I could not believe that I seen to go UP around 134,05. I did it open long, but close it, because I thought that bias is still down..open short ..got stopped..no problem..open another one on a same price like Piters got some 20 pips and walked away.
Fibs together with Your 15M strategy work pretty well.
Came home from the office and it was 136,00??? I could not belive but market yesterady was very QQQQQ all day, just for me maybe.....
Anyway..looking forward for loading nice sweet shorts if there would be a possibility on Monday. But it looks exactly like on October 3rd.2008. Same patterns..same day..so hope we go to 121...and then I buy ticket for soccer match in Chelsea and I will order double portion of baked beans with bacon and eggs for breakfast.
Happy weekend to everybody!!!!!![quote=lilmoe;2400287]hello guys!!!
today was the craziest day of my life, i had SO many important stuff to do day. i did NOT have time to post, but i made some serious trades today...
let's see now, i've never seen things so beautifully set up for the -best trade of the month- to be
- #146,752
- Edited 5:59am Dec 6, 2008 4:48am | Edited 5:59am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
the fact that we did not drop on friday, and even rallied adds to the heavyness of the upcoming drop. i did not expect the big boys to be that kind of cheeky, but i have to admit, they are a big bunch of thiefts.
this shakeout does not make me think my plan failed, it just adds to the seriousness.
all we saw on friday was just another little news tankage for partial shortcovering and little buying, to produce a final rally and be sure, that everybody has hope.
it is the same scenario as during thanksgiving from my pov. they used a thin traded market to push up prices and let it come off from there the next day.
in fact, friday was a heavy weak upday on gj and dow, spoken from a vsa view.
i dont see a chance for gj to come up higher than 138. if we gap up, this would add to the seriousness and would be the final step of confusion and fraud. you should take the chance to short the sh*t out of that areas!
firday did not give the opportunity to overleverage, but monday will do and i'll be heavy stuffed on GJ, UJ, Dow..when the right time has come. YOU SHOULD NOT DO THAT
i can totally understand why lilmoe is so exited, and i am also since at least thursday, regarding my dow observations. i'll begin to trade sushi session on sunday, even tough it is 2am in my country.
firday was the icing on the cake, which was even before friday heavily biased! imho here's the last opportunity for now to short the crap out of the market at these levels!
see dow jones here, from my pov. lilmoe will ad his analysis later.
all i can say is, we are at the area from where we were sold off at the beginning of monday!
yellow lines show selloff areas, green is little shortcovering/buying to keep market up. the drops which i marked with red lines all happened during globex session which is my main confirmation for my end of session observations.
this is a masterplan cardhouse to come off and the big players now are more than heavily net short
hint: just take a look at the last green bars at friday..see the excessive volume. toxic toxic toxic for upmoves!
from an entrylevel basis, fridays daily bars on gj,uj would fit exactly my criteria of weak bars regarding spread, place & vol, to (re)short a falling market.
this shakeout does not make me think my plan failed, it just adds to the seriousness.
all we saw on friday was just another little news tankage for partial shortcovering and little buying, to produce a final rally and be sure, that everybody has hope.
it is the same scenario as during thanksgiving from my pov. they used a thin traded market to push up prices and let it come off from there the next day.
in fact, friday was a heavy weak upday on gj and dow, spoken from a vsa view.
i dont see a chance for gj to come up higher than 138. if we gap up, this would add to the seriousness and would be the final step of confusion and fraud. you should take the chance to short the sh*t out of that areas!
firday did not give the opportunity to overleverage, but monday will do and i'll be heavy stuffed on GJ, UJ, Dow..when the right time has come. YOU SHOULD NOT DO THAT
i can totally understand why lilmoe is so exited, and i am also since at least thursday, regarding my dow observations. i'll begin to trade sushi session on sunday, even tough it is 2am in my country.
firday was the icing on the cake, which was even before friday heavily biased! imho here's the last opportunity for now to short the crap out of the market at these levels!
see dow jones here, from my pov. lilmoe will ad his analysis later.
all i can say is, we are at the area from where we were sold off at the beginning of monday!
yellow lines show selloff areas, green is little shortcovering/buying to keep market up. the drops which i marked with red lines all happened during globex session which is my main confirmation for my end of session observations.
this is a masterplan cardhouse to come off and the big players now are more than heavily net short
hint: just take a look at the last green bars at friday..see the excessive volume. toxic toxic toxic for upmoves!
from an entrylevel basis, fridays daily bars on gj,uj would fit exactly my criteria of weak bars regarding spread, place & vol, to (re)short a falling market.
- #146,753
- Dec 6, 2008 4:48am Dec 6, 2008 4:48am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
hello guys!!!
today was the craziest day of my life, i had SO many important stuff to do day. i did NOT have time to post, but i made some serious trades today...
let's see now, i've never seen things so beautifully set up for the -best trade of the month- to be
if ANYONE has read and understood my posts in this past week, they would probably have made every damn pip today. VERY easy, and VERY predictable. same patter, VERY exact pattern (will post charts in a bit).... we should NOT see anything above today's high... nada, nothing,...
not so sure lilmoe ... check out this daily GBPUSD ... very clear pin bars with a bullish div rsi
Blogging daily now at www.volume.zone
- #146,754
- Dec 6, 2008 4:55am Dec 6, 2008 4:55am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #146,755
- Dec 6, 2008 5:02am Dec 6, 2008 5:02am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
- #146,757
- Dec 6, 2008 5:55am Dec 6, 2008 5:55am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #146,760
- Dec 6, 2008 6:03am Dec 6, 2008 6:03am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
I agree, we also have a pin bar on daily GJ
if the volume was much higher than the previous two days i would agree, but those bars just are shakeout maneuvers and the GJ PB even has the lowest VOL on an upbar since 2 months! with that lack of interest, a market cannot rise.
uj & cable pretty much say the same and those bars in that area are regularly an entry trigger for me to short, because they show pretty clear that weakness still is there.
those bars are in the PERFECT place to short, because they are all located near upper TL's on the daily. it cannot be clearer and more secure. no buying interest at an UTL? if i see this, professionals who have not been involved in this fake up move already saw this and will join the party