Auslanco - GBP/JPY and GBP/USD (newstrade)
- #157,223
- Feb 1, 2009 9:34am Feb 1, 2009 9:34am
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #157,225
- Feb 1, 2009 9:41am Feb 1, 2009 9:41am
- Joined Nov 2008 | Status: Full Time Trader | 10,867 Posts
Have a great trading week guys 
- #157,226
- Feb 1, 2009 10:08am Feb 1, 2009 10:08am
- | Joined Jun 2008 | Status: Trader | 1,079 Posts
I am Ok , dont warry...I am learning VSA and looking forward to your sucess with indicator.
I recommend you read something else as this sentence is now concluded.
- #157,227
- Feb 1, 2009 10:16am Feb 1, 2009 10:16am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Three targets I have set if the PA continue chopping thru each level
TP#1 132.00 level (200ema) 4hr Resistance
TP#2 136.00 level Daily Resistance
TP#3 138.00 level Weekly Gann-Hilo
Good Luck!!
TP#1 132.00 level (200ema) 4hr Resistance
TP#2 136.00 level Daily Resistance
TP#3 138.00 level Weekly Gann-Hilo
Good Luck!!
[
- #157,228
- Feb 1, 2009 10:36am Feb 1, 2009 10:36am
Three targets I have set if the PA continue chopping thru each level
TP#1 132.00 level (200ema) 4hr Resistance
TP#2 136.00 level Daily Resistance
TP#3 138.00 level Weekly Gann-Hilo
Good Luck!!
History is written by the victors.
- #157,229
- Feb 1, 2009 10:44am Feb 1, 2009 10:44am
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
this is weird.... 
not sure if i did it right.....
not sure if i did it right.....
- #157,230
- Feb 1, 2009 10:56am Feb 1, 2009 10:56am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
I mainly trade what I see on the charts...To many pairs that are not correlating with the DJ,oil...
Here is an article for FYI:
http://www.dailyfx.com/story/dailyfx...122498764.html
Here is an article for FYI:
http://www.dailyfx.com/story/dailyfx...122498764.html
What do you think about the correlation with G/U?
[
- #157,231
- Feb 1, 2009 10:57am Feb 1, 2009 10:57am
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
this is weird....
not sure if i did it right.....
- #157,232
- Feb 1, 2009 11:00am Feb 1, 2009 11:00am
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
Voodoo stuff brother? Joking man, Happy Birthday!!! Best of luck and alot of green pipos!
- #157,233
- Feb 1, 2009 11:05am Feb 1, 2009 11:05am
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
lol. thanks bro. many green pips to you as well.
- #157,236
- Feb 1, 2009 12:33pm Feb 1, 2009 12:33pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
I mainly trade what I see on the charts...To many pairs that are not correlating with the DJ,oil...
Here is an article for FYI:
http://www.dailyfx.com/story/dailyfx...122498764.html
all we can do is trade what we see on the chart .The correlation has gone , Friday eu heading down and GU heading up .. go figure !!!!
I have been very focused on gj last week .... traded a little futures , but just entering the right trades / best set ups and being patient. risk 3.5% per trade , 40 % return on account last week and I got out some trades 100 pips to early !!! just taking 30 to 50 pip profit.
This done off a 3 min chart and waiting for tests of s/.r areas.
somebody uploaded the daily fib pivots, I think ti may have been you .
the daily fib pivots are really awesome to use as ' battle lines' watching price action around them , if one is broken to upside the target is next one up. they seem to work really well
here is 5 min chart with them on
Blogging daily now at www.volume.zone
- #157,238
- Feb 1, 2009 12:58pm Feb 1, 2009 12:58pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
thought as move in gj is being driven by gu would look at dx and gbp futures
dx strong up channel , testing R at 87 . The 2 pin bar on daily is interesting. I think usd gets stronger as there was also hint in treasury market that pros thinking interest rates going up . I will be looking to see what happens on test 87 zone. If we break this to upside then 90 is on cards .
the gbp futures are heading up also , maybe into the tl at 1.4700 , so that is of no help and shows we may in fact have a ranging market in the gu
on the daily of gbp futures I would like to see some form of doi showing up on the daily to indicate a possible reversal and the Dx breaking 87 , for a reversal to the down side on gu and hence gj .
at the moment it looks as if gbp is moving a little faster than dx is to upside and this will keep gu bullish / ranging for now
dx strong up channel , testing R at 87 . The 2 pin bar on daily is interesting. I think usd gets stronger as there was also hint in treasury market that pros thinking interest rates going up . I will be looking to see what happens on test 87 zone. If we break this to upside then 90 is on cards .
the gbp futures are heading up also , maybe into the tl at 1.4700 , so that is of no help and shows we may in fact have a ranging market in the gu
on the daily of gbp futures I would like to see some form of doi showing up on the daily to indicate a possible reversal and the Dx breaking 87 , for a reversal to the down side on gu and hence gj .
at the moment it looks as if gbp is moving a little faster than dx is to upside and this will keep gu bullish / ranging for now
Blogging daily now at www.volume.zone
