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

  • #157,081
  • Jan 30, 2009 9:22am Jan 30, 2009 9:22am
Quoting gdlookinpins
Hi Cancuv Who is annoying? I can't believe you could say such a thing. I am just someone who is trying to learn. I thought you guys wanted to help everyone. I can't help it if I anm not a hot shot, I always try to help people and with sincere intent.

What is the problem, could you explain to me please, I am so upset, I thought you were one of the good guys.

pms
relax bro...

PA stands for Price Action... everyone are in front of monitors...

when we have some relaxed time, or some price direction, I am sure someone will answer your question

I will
  • #157,082
  • Jan 30, 2009 9:23am Jan 30, 2009 9:23am
Don't bother about the videos anyway I had a very nasty turn when I walked into one of those rooms once, I found the devil in disguise waiting for me, waiting, watching. Na, I will give it a miss

pns
  • #157,083
  • Jan 30, 2009 9:24am Jan 30, 2009 9:24am
Oh I see price action, yes I remember that now, so sorry my mistake, I get a bit sensitive you know
  • #157,084
  • Jan 30, 2009 9:25am Jan 30, 2009 9:25am
Im in short here, but with tight sl right about last 15 min candle..... If this thing breaks the the UPSIDE, man is it gonna break.........
Dr. C
  • #157,085
  • Jan 30, 2009 9:26am Jan 30, 2009 9:26am
Quoting dialpips
check 15m gu chart. i think there is a bearish div.

Lol...Bearish div on 15m chart is mostly fakeout, it is better to look for h4 or d1 charts
  • #157,086
  • Jan 30, 2009 9:28am Jan 30, 2009 9:28am
i am STILL bearish under this TL and the fact that last high volume push did not break it keeps me bearish, however i have a 4 hr candle closing in about 33 mins and if price is above 128.60 the gann is going to cross back up...not a good sign for shorts...
  • #157,087
  • Jan 30, 2009 9:34am Jan 30, 2009 9:34am
Quoting cancunkev
i am STILL bearish under this TL and the fact that last high volume push did not break it keeps me bearish, however i have a 4 hr candle closing in about 33 mins and if price is above 128.60 the gann is going to cross back up...not a good sign for shorts...
Do you think it is good to hold shorts GChf with around 500 red pips? Or how high can they go up?
  • #157,088
  • Jan 30, 2009 9:36am Jan 30, 2009 9:36am
Hi Piters I wanted to ask you, do you ever use vsa in your trading. I have heard some fantastic reports about TradeGuider. They teach vsa and it enables you to understand what is going on in the markets and why. Helps to determine a good pin from a bad one and why.

They have some cracking traders with a wealth of experience and knowledge. Its gives you independence= reliance on ones own will and judgement as opposed to having someone pull your pin gs, so to speak.

Or is it the doc thats discussed vsa. I know I have seen some discussions re vsa, any comments.
pns
  • #157,089
  • Jan 30, 2009 9:36am Jan 30, 2009 9:36am
Quoting cvcamper
Im in short here, but with tight sl right about last 15 min candle..... If this thing breaks the the UPSIDE, man is it gonna break.........
Don't fight it, if the big man says up, we go up. Seems lots of people here are married to their short bias.

4hr Gann still bullish. Daily Gann kissing, (may reject, but bias still testing to the upside). etc.

There is another way this could go.....

I will follow the price up OR down.
  • #157,090
  • Jan 30, 2009 9:40am Jan 30, 2009 9:40am
i see no reason to go long...YET

a break of the UTL by a 60min candle will change that view....

my 4 hr gann crossed down several candles ago on IB and the gann is sitting at 128.60 which is acting as resistance to the upward push.....

right now this seems to be a bull trap....

we will see
  • #157,091
  • Jan 30, 2009 9:42am Jan 30, 2009 9:42am
Quoting ukdaytrader
Don't fight it, if the big man says up, we go up. Seems lots of people here are married to their short bias.

4hr Gann still bullish. Daily Gann kissing, (may reject, but bias still testing to the upside). etc.

There is another way this could go.....

I will follow the price up OR down.
agree with you mate,,

picking the tops are the same as picking the bottoms [stinky job]

(however if you are using gloves,and wash your hands after, you may pick some ... )

Short would be good after 127.50 but again too many suport levels to deal with,,, we may range all session.. as I mentioned... I will short bellow 126.5
until then only litlle scalps...
  • #157,092
  • Jan 30, 2009 9:43am Jan 30, 2009 9:43am
Quoting ukdaytrader
Short again now. Once we break 127.75, we should see a good move down.

Also 200ema on 5m TF, testing to the downside.

EDIT: S/L moved to B/E +1.

I am buying dips today off 3 min charts

we hit 128.80 few sellers came in ,

es has tanked with no correlation of gj

If the indexes rally here even to 50% of down move gj is going to hit 129.8

be careful with those sells
Blogging daily now at www.volume.zone
  • #157,093
  • Jan 30, 2009 9:43am Jan 30, 2009 9:43am
Quoting cancunkev
i see no reason to go long...YET

a break of the UTL by a 60min candle will change that view....

my 4 hr gann crossed down several candles ago on IB and the gann is sitting at 128.60 which is acting as resistance to the upward push.....

right now this seems to be a bull trap....

we will see
Really? My 4hr Gann has not closed below the Gann line since this run started on the 26th. Hmmmm.
  • #157,094
  • Jan 30, 2009 9:47am Jan 30, 2009 9:47am
Quoting gdlookinpins
Hi Piters...
pm me asap
Blogging daily now at www.volume.zone
  • #157,095
  • Jan 30, 2009 9:48am Jan 30, 2009 9:48am
Quoting NwFXenthsist
anyone eyeing a test of this week highs by any chance? if we get there with no follow through would be a nice double top to take advantage of

moment of truth coming up...
  • #157,096
  • Jan 30, 2009 9:48am Jan 30, 2009 9:48am
Quoting gdlookinpins
Hi Piters I wanted to ask you, do you ever use vsa in your trading. I have heard some fantastic reports about TradeGuider. They teach vsa and it enables you to understand what is going on in the markets and why. Helps to determine a good pin from a bad one and why.

They have some cracking traders with a wealth of experience and knowledge. Its gives you independence= reliance on ones own will and judgement as opposed to having someone pull your pin gs, so to speak.

Or is it the doc thats discussed vsa. I know I have seen some discussions re vsa,...
you should talk with Malc or Dr. Geppy. they use VSA..
  • #157,097
  • Jan 30, 2009 9:52am Jan 30, 2009 9:52am
uk daytrader, pitiers and malc, have you ever heard of vsa. Sure I saw someone discussing it. The Doc? Tradeguider teach vsa, don't take my word for it, check them out. Do your own homework. They have a wealth of knowledge and expertise and teach people to understand what is happening in the markets and why. Its the difference between independence= reliance on ones own will and judgement as opposed to having someone pull your pin gs so to speak. Sincerely I think this could be of great value for so many people.

pns
  • #157,098
  • Jan 30, 2009 9:54am Jan 30, 2009 9:54am
Our posts have just crossed, I had a feeling and sensing it was Malc and the Doc and Guzup, that old sensing again, amazing

pns
  • #157,099
  • Jan 30, 2009 9:55am Jan 30, 2009 9:55am
damn my long SL got hit and then it went all the way up to 129.xx
  • #157,100
  • Jan 30, 2009 9:56am Jan 30, 2009 9:56am
Quoting ukdaytrader
Don't fight it, if the big man says up, we go up. Seems lots of people here are married to their short bias.

4hr Gann still bullish. Daily Gann kissing, (may reject, but bias still testing to the upside). etc.

There is another way this could go.....

I will follow the price up OR down.

Well Said.... This post/your words are truly meant for me. Even though I am not trading today, never trade on Friday's, but I 've noticed my bias are to the short side allot. Especially when I made soooooo much last week, riding the Beast down. The whole thing about things falling faster than they assend, is so true.

Anyway, thank you for this post, its confirmation of what I've already knew, but reading it, just drives it home for me even more . Thanks again.
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