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

  • #162,021
  • Feb 24, 2009 8:00am Feb 24, 2009 8:00am
Quoting forexlion
bikini trading contest ?

j/k
Thats right forexlion. No gann, no qqe, no fibs, no macd, no other indicators. Just a naked chart dressed only in 'bikini' Can you digg it?
  • #162,022
  • Feb 24, 2009 8:02am Feb 24, 2009 8:02am
Quoting Piters
Here is how I am looking on this Setup:

  1. 5min rising Wedge [sign of ending of risign wave]
  2. We already had 2 bounces on top, and two on bottom TL [UTL and LTL], so, the next LTL "should" be a breakoout.

So far, we are testing the LTL .. can we break??
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  • #162,023
  • Feb 24, 2009 8:03am Feb 24, 2009 8:03am
Quoting Piters
only Nude mate...

We are trading NAKED!
Oh man im having a good laught now buddy. Im at my friends carwash having a goodtime, cracking jokes and reading ff for fun
  • #162,024
  • Feb 24, 2009 8:04am Feb 24, 2009 8:04am
Quoting belekas
Oh man im having a good laught now buddy. Im at my friends carwash having a goodtime, cracking jokes and reading ff for fun
lol, enjoy your time mate.. buzz me when you in
  • #162,025
  • Feb 24, 2009 8:05am Feb 24, 2009 8:05am
Bounced on the support

141.5 I am coming for u ....
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  • #162,026
  • Feb 24, 2009 8:07am Feb 24, 2009 8:07am
Quoting belekas
kind sir

your bikini style of forex trading is superb.

http://fg5.blogspot.com/

http://fgt8.blogspot.com/

  • #162,027
  • Feb 24, 2009 8:10am Feb 24, 2009 8:10am
Quoting forexlion
Bounced on the support

141.5 I am coming for u ....
wow !! that was one hell of a bounce there.

if this support holds god help the shorters.
  • #162,028
  • Feb 24, 2009 8:11am Feb 24, 2009 8:11am
Quoting Piters
lol, enjoy your time mate.. buzz me when you in
Thanks bratan. Will do when i come back
  • #162,029
  • Feb 24, 2009 8:24am Feb 24, 2009 8:24am
Using weekly fib expansion

if this resistance breaks, then it becomes the new support for the onward journey.

Reaching this level itself is suggestive that we are in a very strong bull run.
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  • #162,030
  • Feb 24, 2009 8:24am Feb 24, 2009 8:24am
Quoting forexlion
wow !! that was one hell of a bounce there.

if this support holds god help the shorters.

never heard of bull trap ?

that last 15 min was on high volume .... hit her at 139.50 on a sell
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  • #162,031
  • Feb 24, 2009 8:33am Feb 24, 2009 8:33am
Quoting belekas
Thanks bratan. Will do when i come back

We can start our trading contest with warming up??

Inserted Video


***watch the video 'till the end ****
  • #162,032
  • Feb 24, 2009 8:33am Feb 24, 2009 8:33am
Quoting malcolmb14
never heard of bull trap ?

that last 15 min was on high volume .... hit her at 139.50 on a sell
i am in from 136.94 area, I am holding her at be, and dun care for any traps.

all i care for is where she will stop on a 1 hour chart.
  • #162,033
  • Feb 24, 2009 8:37am Feb 24, 2009 8:37am
Quoting Piters
We can start our trading contest with warming up??

http://www.youtube.com/watch?v=EKuJq3yHYKo

***watch the video 'till the end ****
I was laughting hardcore when i first saw this guy. That was one hell of a dive he will always remmember LOL
  • #162,034
  • Feb 24, 2009 8:40am Feb 24, 2009 8:40am
Quoting belekas
I was laughting hardcore when i first saw this guy. That was one hell of a dive he will always remmember LOL

hahaaa that was some funny stuff
"Millionaires don't use astrology, billionaires do"
  • #162,035
  • Feb 24, 2009 8:42am Feb 24, 2009 8:42am
Quoting forexlion
i am in from 136.94 area, I am holding her at be, and dun care for any traps.

all i care for is where she will stop on a 1 hour chart.

I like to spend max 3 hours in market to make ny $$$$ for the day


so far bought off vwap (138.90 sold 139.50) sold 139.50 , covered at vwap 138.90 , 45 minutes .. may be done for day . This is why I typically only trade the euro / us overlap ....good volatility

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  • #162,036
  • Feb 24, 2009 8:46am Feb 24, 2009 8:46am
Quoting malcolmb14
never heard of bull trap ?

that last 15 min was on high volume .... hit her at 139.50 on a sell
I think more like bear trap when last hourly candle closed below 139 but then price quickly move back above it. We are still in a strong uptrend from the bottom at 118.80. Yesterday the daily candle closed above the daily 50ema. I think the daily 50ema is now broken and should now act as very strong support for the move up. These 15M fluctuations really have no influence on the longterm outlook. Like I said from the beginning of the week, UJ has broken out to the upside and it's on its way up. It will drag GJ along. As for GJ, 185 is the 50% weekly fib. I think it's a realistic target within this year.
  • #162,037
  • Feb 24, 2009 8:48am Feb 24, 2009 8:48am
Quoting malcolmb14
I like to spend max 3 hours in market to make ny $$$$ for the day


so far bought off vwap (138.90 sold 139.50) sold 139.50 , covered at vwap 138.90 , 45 minutes .. may be done for day . This is why I typically only trade the euro / us overlap ....good volatility

Attachment
i think it was steviet who influenced me, i started trailing the trades with a stop instead of chasing targets.

unless i see a good reversal of trend.
  • #162,038
  • Feb 24, 2009 8:49am Feb 24, 2009 8:49am
I'm sick of this UJ bull ... I hate when I see a pair moves like this without any retracement
Discipline + Patience - Fear - Greed = Success
  • #162,039
  • Feb 24, 2009 8:52am Feb 24, 2009 8:52am
Quoting arezab
I'm sick of this UJ bull ... I hate when I see a pair moves like this without any retracement

all trends end at some point, enough signs for me atm to cover longs even zulu BS waiting for new longs and short zulu BS @ .18 and .25
"Millionaires don't use astrology, billionaires do"
  • #162,040
  • Feb 24, 2009 8:54am Feb 24, 2009 8:54am
Quoting Pipsqueak
I think more like bear trap when last hourly candle closed below 139 but then price quickly move back above it....
true...... and nice posting ...

I trade 5 min charts ....and that was classic head fake at the top . pros tried to push it thru on high vol .. right away there were sellers

UJ looks overdone .. if it drops here we could see a large move down in gj . Looking at 60 min uj it is looking exhausted , but right now it is like the energizer bunny .. keeps going and going and going

ES is at the upper portion of its open range ..am watching that for breakout , if that happens could see that move to 140 ish that lion has been talking about and for sure it is buy dips for swing traders on gj for now

right now i am selling rallies on 5 min till that bearish div on rsx 15 min is broken .... seems to be working



I am not saying gj is not bullish . it is very bullish
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