are you referring to eur/usd falling that much after it hit 1.6000 or going up? either way, the reason as far as i can tell if you look back at commodity link between eur/usd oil started to drop like a bad habbit along side with that gold, in turn both of these make a stronger dollar when they are falling, not only that, economic reports were really starting to show significant weakness at those highs.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #153,022
- Jan 14, 2009 3:45pm Jan 14, 2009 3:45pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
then how come when euu broke 160, it didnt go 500-1000?
or g/u when it broke 2000, it didnt go for another 500-1000?
my example of g/u, e/u wasnt to say market repeat itself, but was to contract with dr geppy saying it has hit 129 multiple times, it wouldnt make any sense to go below that.
if that was the case, why did g/u hit 2000 multiple time, and went past it?
same for e/u?
it is not about hitting it ...
it is more baout the volume reaction each time at support.
here is 4 hour
so far this is looking the same as gj did when it waffled around 130 in dec
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- #153,023
- Jan 14, 2009 3:46pm Jan 14, 2009 3:46pm
- | Commercial User | Joined Oct 2008 | 5,712 Posts
VSA is based wyckoff and so called wyckoff on steroids
we had a very good gj short on 132 based on vsa today. i was looking for ss on retracement during euro and saw gj approaching 132, old tops. then forming a nice upthrust on the 15, drilling down to 5m showed a top reversal followed by a perfect no demand. during drop i reshorted on other no demands. go through your charts and you will see the principles i mentioned.
i would only trade based on wyckoff and his full 9 tests, p&f and so on when looking for longer term trades, based on daily...
300pips miss lol since 132....
- #153,024
- Jan 14, 2009 3:47pm Jan 14, 2009 3:47pm
- Joined May 2008 | Status: has long shorts | 2,584 Posts
- #153,026
- Jan 14, 2009 3:53pm Jan 14, 2009 3:53pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
You r right as clearly M5 reversal and M5 doji....aahhhhh..No wonder I lost today and miss out more than 200 pips...It's really great Dr.G...atleast now u break my brain and kick my eye to look seriously into this.....
NO demand candle...
here is chart
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- #153,027
- Jan 14, 2009 4:00pm Jan 14, 2009 4:00pm
- | Commercial User | Joined Oct 2008 | 5,712 Posts
)Ya now am practising this...One Kebab for both of you lol...
- #153,029
- Jan 14, 2009 4:09pm Jan 14, 2009 4:09pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #153,030
- Jan 14, 2009 4:19pm Jan 14, 2009 4:19pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Ya thanks to both of you...Now am buy GPY @ 129.80 and now +30 pips since M5 (its evening star or no demand ?
Ya now am practising this...One Kebab for both of you lol...
evening star is a three candle pattern at highd
morning star three candle patterns at lows .. google them
good to hear you have pip though
NO demand bars are only found at highs.
Thanks for kebab ... can i have chilli sauce with that , lettuce and onions ? lol
Blogging daily now at www.volume.zone
- #153,032
- Jan 14, 2009 4:24pm Jan 14, 2009 4:24pm
- | Commercial User | Joined Oct 2008 | 5,712 Posts
right now nothing on vsa showing long off 129.80
evening star is a three candle pattern at highd
morning star three candle patterns at lows .. google them
good to hear you have pip though
NO demand bars are only found at highs.
Thanks for kebab ... can i have chilli sauce with that , lettuce and onions ? lol
..Just testing....Ya right now am studying what u and Dr.G mentioned due to very low vol (pros may not in the market right now)..He he..Just wait for Asian session see how the vol and spread tell me lol...Wow..Really miss damm huge oppurtunity for this VSA
......Now I realized it.....Thanks bro... - #153,033
- Jan 14, 2009 4:25pm Jan 14, 2009 4:25pm
- Joined May 2008 | Status: has long shorts | 2,584 Posts
- #153,034
- Jan 14, 2009 4:27pm Jan 14, 2009 4:27pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #153,035
- Jan 14, 2009 4:30pm Jan 14, 2009 4:30pm
- | Commercial User | Joined Oct 2008 | 5,712 Posts
erm...no onions for him...
you know...it's better for all of us.
exception: if u own a biogas facility
....Now wanna practising this VSA lol..will get both of you later...need to go for kebab then to office....
- #153,036
- Jan 14, 2009 5:10pm Jan 14, 2009 5:10pm
- Joined Apr 2006 | Status: Trader | 2,429 Posts
dang malcolm why didnt u tell me eur/cad was moving while everything else was not.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
- #153,037
- Jan 14, 2009 5:17pm Jan 14, 2009 5:17pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
dang malcolm why didnt u tell me eur/cad was moving while everything else was not.
sorry .... thought i had mentioned it !!!
check out gbpaud also ....
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- #153,038
- Jan 14, 2009 5:28pm Jan 14, 2009 5:28pm
- Joined Apr 2006 | Status: Trader | 2,429 Posts
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
- #153,039
- Jan 14, 2009 5:35pm Jan 14, 2009 5:35pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #153,040
- Jan 14, 2009 5:36pm Jan 14, 2009 5:36pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"