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

  • #154,621
  • Jan 21, 2009 5:28pm Jan 21, 2009 5:28pm
2 words for u guys

thank you

i followed u and scalped 125pips in this move

nice , u just made sure my opinion to open trade
  • #154,622
  • Jan 21, 2009 5:28pm Jan 21, 2009 5:28pm
isnt pivot close by?
  • #154,623
  • Jan 21, 2009 5:29pm Jan 21, 2009 5:29pm
but i kept position to 50ema on 15min
closed @ 123.60
  • #154,624
  • Jan 21, 2009 5:30pm Jan 21, 2009 5:30pm
Quoting mirex
ack, i'm still in, what you do that for. stop loss move to BE. lol

but it seem like it pick up volume and mommentum?? what happen ><

is this headign for 123 zone?


that move looked a little impulsive for pre tokyo ... watch this doji forming on 5 min ... moved stop in tight tight
Blogging daily now at www.volume.zone
  • #154,625
  • Jan 21, 2009 5:30pm Jan 21, 2009 5:30pm
hmm wonder if it will goto 122.10..

what you think malcolmb?
  • #154,626
  • Jan 21, 2009 5:31pm Jan 21, 2009 5:31pm
Quoting mirex
ack, i'm still in, what you do that for. stop loss move to BE. lol

but it seem like it pick up volume and mommentum?? what happen ><

is this headign for 123 zone?

Mate, I Exited on 50 ema [5min] but we stop on [15 min], in my cards, that is the botom for now..
we have to wait TOKYO in 30 min... exit with whatever profit you have.. lol
  • #154,627
  • Jan 21, 2009 5:32pm Jan 21, 2009 5:32pm
Quoting oleevier
but i kept position to 50ema on 15min
closed @ 123.60

i am aiming for 123.10 .... 38 % retrace ... then see what cooks from there

moved stop just above area of resistance 124.15 , locking in 80 pip
Blogging daily now at www.volume.zone
  • #154,628
  • Jan 21, 2009 5:33pm Jan 21, 2009 5:33pm
Quoting mirex
hmm wonder if it will goto 122.10..

what you think malcolmb?


we had buyers hit that last 5 min ( doji formed ) ... moved stop in tight ...

wiill play it as it happens ... 123.10 may get hit ... or may not
Blogging daily now at www.volume.zone
  • #154,629
  • Jan 21, 2009 5:34pm Jan 21, 2009 5:34pm
Quoting malcolmb14
getting above all that support was higher risk .. waited for it to break 125 with 20 pip stops .. high r/r ratio
Thanks!
  • #154,630
  • Jan 21, 2009 5:34pm Jan 21, 2009 5:34pm
Quoting malcolmb14
we had buyers hit that last 5 min ( doji formed ) ... moved stop in tight ...

wiill play it as it happens ... 123.10 may get hit ... or may not
Don't see that happening bro. Asia looks primed for buying
Patience + Humility + Study = Success
  • #154,631
  • Jan 21, 2009 5:36pm Jan 21, 2009 5:36pm
Quoting DutchTrader
Don't see that happening bro. Asia looks primed for buying

i agree with that ... this drop is just what is needed to entice buyers in . i am not biased and am scalping both ways
Blogging daily now at www.volume.zone
  • #154,632
  • Jan 21, 2009 5:36pm Jan 21, 2009 5:36pm
well there goes the ride.. bad asia, lol
  • #154,633
  • Jan 21, 2009 5:37pm Jan 21, 2009 5:37pm
Quoting malcolmb14
i agree with that ... this drop is just what is needed to entice buyers in . i am not biased and am scalping both ways
yep, long to 125.60 again
Patience + Humility + Study = Success
  • #154,634
  • Jan 21, 2009 5:37pm Jan 21, 2009 5:37pm
Quoting DutchTrader
Don't see that happening bro. Asia looks primed for buying

This is the BIG picture: Playing all day, (only that drop made me litlle confusion)
Attached Image (click to enlarge)
Click to Enlarge Name: ds-19.png Size: 40 KB
  • #154,635
  • Jan 21, 2009 5:38pm Jan 21, 2009 5:38pm
Quoting DutchTrader
yep, long to 125.60 again

not yet for me .. still under area of resistance 124.20
Blogging daily now at www.volume.zone
  • #154,636
  • Jan 21, 2009 5:40pm Jan 21, 2009 5:40pm
Quoting malcolmb14
not yet for me .. still under area of resistance 124.20

hope u r right
i opened short and is -13p
  • #154,637
  • Jan 21, 2009 5:41pm Jan 21, 2009 5:41pm
Quoting malcolmb14
not yet for me .. still under area of resistance 124.20

Agree with you
  • #154,638
  • Jan 21, 2009 5:44pm Jan 21, 2009 5:44pm
Quoting oleevier
hope u r right
i opened short and is -13p

the right place to open short is beginning of move ... not close to end...

best to wait for next up move rather than lose shirt !!! i did posting on this earlier for Gary , hopefully kept him out of long at top of market
Blogging daily now at www.volume.zone
  • #154,639
  • Jan 21, 2009 5:46pm Jan 21, 2009 5:46pm
Quoting malcolmb14
the right place to open short is beginning of move ... not close to end...

best to wait for next up move rather than lose shirt !!! i did posting on this earlier for Gary , hopefully kept him out of long at top of market

Yes thanks malcolm. Any idea for long and if so around what area

Cheers
  • #154,640
  • Jan 21, 2009 5:47pm Jan 21, 2009 5:47pm
Quoting malcolmb14
I am a large trader (6'3" 310 lbs ....losing weight is more of goal this year then making money) .. i am long pound short yen .... lol
Wowza!! Malc is pretty close to me times 3!
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