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

  • #156,821
  • Jan 29, 2009 11:48am Jan 29, 2009 11:48am
Quoting fxinthesun
I will send you the statement.
I am just ribbing you .... seen your postings .. .you do awesome

great job and keep it up ...

I am a tortoise compared to you .. if i do 5% per week on account i am over the moon , but being a day trader i use the power of compounding.
Blogging daily now at www.volume.zone
  • #156,822
  • Jan 29, 2009 12:02pm Jan 29, 2009 12:02pm
Quoting malcolmb14
as mentioned earlier been selling rallies on 5 min es and gj

selling rallies is way to go today ... been racking and stacking .... moved stop +40 on last one .. may break to downside as ES passed down thru 850 support
Blogging daily now at www.volume.zone
  • #156,823
  • Jan 29, 2009 12:03pm Jan 29, 2009 12:03pm
Quoting malcolmb14
I am just ribbing you .... seen your postings .. .you do awesome

great job and keep it up ...

I am a tortoise compared to you .. if i do 5% per week on account i am over the moon , but being a day trader i use the power of compounding.

Thanks. I only use one indicator (to see some pivot lines). I will say my trading is 95% based on psychological and emotional feelings. I can sit and watch the market for hours, just looking, before I trade
  • #156,824
  • Jan 29, 2009 12:03pm Jan 29, 2009 12:03pm
could turn to bull on 15m as i said before
Private Account Manager & Trader since 1999
  • #156,825
  • Jan 29, 2009 12:05pm Jan 29, 2009 12:05pm
Quoting yentastic
could turn to bull on 15m as i said before

yeah just closed on support 3 min bull div rsi ..... do not love that set up
Blogging daily now at www.volume.zone
  • #156,826
  • Jan 29, 2009 12:08pm Jan 29, 2009 12:08pm
Quoting malcolmb14
yeah just closed on support 3 min bull div rsi ..... do not love that set up
Yeah, for the daytraders you could have spent all NY session shorting with target at 127.80 and then reversing.

My sell stop at 127.50 is getting impatient lol
  • #156,827
  • Jan 29, 2009 12:08pm Jan 29, 2009 12:08pm
Quoting malcolmb14
yeah just closed on support 3 min bull div rsi ..... do not love that set up
chart for newbies to study


last sell was purely on that doji in a flag

Attached Image (click to enlarge)
Click to Enlarge Name: ym109.png Size: 109 KB
Blogging daily now at www.volume.zone
  • #156,828
  • Jan 29, 2009 12:08pm Jan 29, 2009 12:08pm
on the 15 mins, there has been rejection from the DP a lot of times.
  • #156,829
  • Jan 29, 2009 12:11pm Jan 29, 2009 12:11pm
Quoting malcolmb14
selling rallies is way to go today ... been racking and stacking .... moved stop +40 on last one .. may break to downside as ES passed down thru 850 support
Hi Malcolm..
if 1H candle close below 127.80 (your 14wma on 60Min), you will start swing trade for short..? where will become your target?

thanks
  • #156,830
  • Jan 29, 2009 12:15pm Jan 29, 2009 12:15pm
is tis pair goin maybe north 100 more pips with news this aternoon?
  • #156,831
  • Jan 29, 2009 12:15pm Jan 29, 2009 12:15pm
Quoting malcolmb14
chart for newbies to study


last sell was purely on that doji in a flag

Attachment
hi malcolmb,

i'm seeing a strong support at the 127.90 level.

what do u see on ur charts?
  • #156,832
  • Jan 29, 2009 12:17pm Jan 29, 2009 12:17pm
Quoting Norte
Hi Malcolm..
if 1H candle close below 127.80 (your 14wma on 60Min), you will start swing trade for short..? where will become your target?

thanks
lets say 126.50 and maybe 126.22 for asia today .....

learn how to use fib extensions they will give you really good targets on all time frames . i even use them on 3 min charts

Attached Image (click to enlarge)
Click to Enlarge Name: ym111.png Size: 121 KB
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  • #156,833
  • Jan 29, 2009 12:32pm Jan 29, 2009 12:32pm
Quoting malcolmb14
lets say 126.50 and maybe 126.22 for asia today .....

learn how to use fib extensions they will give you really good targets on all time frames . i even use them on 3 min charts

Attachment
aint this pumpum just getting worst,,,
Imanuel Parsifal
  • #156,834
  • Jan 29, 2009 12:38pm Jan 29, 2009 12:38pm
Quoting steviet
Yeah, for the daytraders you could have spent all NY session shorting with target at 127.80 and then reversing.

My sell stop at 127.50 is getting impatient lol

I know what you mean..I am waiting there with my shorts

BTW, nice to see you posting here steviet:
Attached Image (click to enlarge)
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  • #156,835
  • Jan 29, 2009 12:39pm Jan 29, 2009 12:39pm
  •  khaled
  • | Joined Jun 2006 | Status: A System is something u do EVERYDAY | 45 Posts
I see an hourly close below 127 will pull it South till then its going North
  • #156,836
  • Jan 29, 2009 12:45pm Jan 29, 2009 12:45pm
Quoting khaled
I see an hourly close below 127 will pull it South till then its going North
aint we like this thing on the south ride
Imanuel Parsifal
  • #156,837
  • Jan 29, 2009 12:47pm Jan 29, 2009 12:47pm
Quoting sycho
aint we like this thing on the south ride
but it seems difficult for PA to breach 127. H1 gann and 50ema together with DP providing strong support.
  • #156,838
  • Jan 29, 2009 12:51pm Jan 29, 2009 12:51pm
looks like we have a dance floor at 127.71 lets make it a glass floor

another crap week imo but thats just me
  • #156,839
  • Jan 29, 2009 12:55pm Jan 29, 2009 12:55pm
Quoting hwsv07
but it seems difficult for PA to breach 127. H1 gann and 50ema together with DP providing strong support.

wait for asia... it will take path of leastrresistance unless some kind of news messes with that

60 min rsx is rolling over
Blogging daily now at www.volume.zone
  • #156,840
  • Jan 29, 2009 12:58pm Jan 29, 2009 12:58pm
Quoting malcolmb14
wait for asia... it will take path of leastrresistance unless some kind of news messes with that

60 min rsx is rolling over
i dun understand. wouldn't the least path or resistance be upwards since 127.9 is providing strong support?
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