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

  • #157,481
  • Feb 2, 2009 2:07pm Feb 2, 2009 2:07pm
Quoting forexlion

you off your meds again ?
Blogging daily now at www.volume.zone
  • #157,482
  • Feb 2, 2009 2:09pm Feb 2, 2009 2:09pm
Quoting malcolmb14
so wait for 5 minb candle to end that break demark entry line , then go short 2 pips lower than low of candle.

In this instance osama came in and formed doji .. always wait for candle to close before entering trade
  • #157,483
  • Feb 2, 2009 2:13pm Feb 2, 2009 2:13pm
Quoting malcolmb14
as some are wondering about this pair .... forget indicators and plot this bad boy on your charts.....5 min works very nice .. auto trendlines , breaks and targets


awesome for scalping ... follow this and PA you cannot go wrong

blue line in chart ( tl ) is plotted by demark . not doji before this indicating sellers .. then break line at
128.13 .... gave targets to downside 127.50

I have done several trades today using this both up and down , just using simple candle patterns and break of trendlines.

the trendlines and targets do chnage...
Been using this indi for about a year.
Works well, when used in conjunction with other indis' of course.
  • #157,484
  • Feb 2, 2009 2:17pm Feb 2, 2009 2:17pm
Malcolmb, you know why you win your trades coz you help others, and you know why you win the respect of the members coz you love to help them, you are a real trader, thanks malcolmb
  • #157,485
  • Feb 2, 2009 2:18pm Feb 2, 2009 2:18pm
The Rooster

Here is the rooster indicator

Rules are simple, stronger the trend better is your trade

 

  1. 0-25 Absent or Weak Trend
  2. 25-50 Strong Trend
  3. 50-75 Very Strong Trend
  4. 75-100 Extremely Strong Trend

Avoid trading during the first 2 setups, a voice alert will sound when trend strength increases beyond 50.


.

Attached File(s)
File Type: ex4 rooster.ex4   3 KB | 367 downloads
  • #157,486
  • Feb 2, 2009 2:20pm Feb 2, 2009 2:20pm
Quoting malcolmb14
you off your meds again ?
I was wondering the same thing.
  • #157,487
  • Feb 2, 2009 2:33pm Feb 2, 2009 2:33pm
Malcomb what you seeing on euro yen? I want to go short . . .
"Don't trade to trade . . . trade to win." - James16
  • #157,488
  • Feb 2, 2009 2:35pm Feb 2, 2009 2:35pm
Quoting malcolmb14
as some are wondering about this pair .... forget indicators and plot this bad boy on your charts.....5 min works very nice .. auto trendlines , breaks and targets


awesome for scalping ... follow this and PA you cannot go wrong

blue line in chart ( tl ) is plotted by demark . not doji before this indicating sellers .. then break line at
128.13 .... gave targets to downside 127.50

I have done several trades today using this both up and down , just using simple candle patterns and break of trendlines.

the trendlines and targets do chnage...

Just back from lunch... thanks for the gift! will check it out
  • #157,489
  • Feb 2, 2009 2:54pm Feb 2, 2009 2:54pm
Quoting forexlion
The Rooster

Here is the rooster indicator

Rules are simple, stronger the trend better is your trade

 

  1. 0-25 Absent or Weak Trend
  2. 25-50 Strong Trend
  3. 50-75 Very Strong Trend
  4. 75-100 Extremely Strong Trend

Avoid trading during the first 2 setups, a voice alert will sound when trend strength increases beyond 50.


.

Whats another name for a rooster. Very fitting I think.
{Some Profound Statement goes here}
  • #157,490
  • Feb 2, 2009 2:55pm Feb 2, 2009 2:55pm
Quoting Flem26
Malcomb what you seeing on euro yen? I want to go short . . .

clue i am holding sell gj off 128 for asia .. bit of luck 126.5
Blogging daily now at www.volume.zone
  • #157,491
  • Feb 2, 2009 2:58pm Feb 2, 2009 2:58pm
Quoting malcolmb14
clue i am holding sell gj off 128 for asia .. bit of luck 126.5

Me too, 126.50 is the target
  • #157,492
  • Feb 2, 2009 3:00pm Feb 2, 2009 3:00pm
Quoting fxinthesun
Me too, 126.50 is the target
lots of stops above 128.50 would be my only concern, Wouldnt them brokers love all of those.
  • #157,493
  • Feb 2, 2009 3:01pm Feb 2, 2009 3:01pm
Quoting bpatto
Whats another name for a rooster. Very fitting I think.
I think he is known as junglelion on other parts of this board
I trade what I see on my charts. Do Not listen to the Muppets.
  • #157,494
  • Feb 2, 2009 3:02pm Feb 2, 2009 3:02pm
Clearly demonstrates the key levels for the big boys over the past 24hrs.
Attached Image (click to enlarge)
Click to Enlarge Name: GY_Volume_at_price_030209.JPG Size: 63 KB
{Some Profound Statement goes here}
  • #157,495
  • Feb 2, 2009 3:02pm Feb 2, 2009 3:02pm
Quoting malcolmb14
clue i am holding sell gj off 128 for asia .. bit of luck 126.5
now, Asia please reverse this ny garbage session!
"Don't trade to trade . . . trade to win." - James16
  • #157,496
  • Feb 2, 2009 3:05pm Feb 2, 2009 3:05pm
Quoting fxinthesun
Me too, 126.50 is the target
no idea .. but seems realistic as this was where they wree selling to last week and it is 61.8% fib retrace of move up

i will be trailing stop down if this trade works out


Attached Image (click to enlarge)
Click to Enlarge Name: ym118.png Size: 135 KB
Blogging daily now at www.volume.zone
  • #157,497
  • Feb 2, 2009 3:05pm Feb 2, 2009 3:05pm
Quoting Vanhook2
I think he is known as junglelion on other parts of this board
Was thinking the same. Some village is without its idiot.
{Some Profound Statement goes here}
  • #157,498
  • Feb 2, 2009 3:11pm Feb 2, 2009 3:11pm
Quoting bpatto
Was thinking the same. Some village is without its idiot.

I trade what I see on my charts. Do Not listen to the Muppets.
  • #157,499
  • Feb 2, 2009 3:39pm Feb 2, 2009 3:39pm
for those that are trendline challenged like me I posted the demark indie earlier

here is 15 min chart ... as long as we stay under the 128.13 level we should see my target of 126.5

Attached Image (click to enlarge)
Click to Enlarge Name: chf.gif Size: 19 KB
Blogging daily now at www.volume.zone
  • #157,500
  • Feb 2, 2009 3:45pm Feb 2, 2009 3:45pm
Quoting malcolmb14
for those that are trendline challenged like me I posted the demark indie earlier

here is 15 min chart ... as long as we stay under the 128.13 level we should see my target of 126.5

Attachment
thought u were out til asia?
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