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

  • #163,701
  • Mar 3, 2009 11:54pm Mar 3, 2009 11:54pm
Quoting cancunkev
no demand bar on 5 min on higher volume..

maybe we can actually fall now...
Hey Kev, honestly not sure what EXACTLY constitutes a "no demand" bar, but I see them when you say it and know it that way. Can we have one developing here on the 1 hour?
  • #163,702
  • Mar 3, 2009 11:54pm Mar 3, 2009 11:54pm
Quoting Piters
one way to look at the marriage is as an investment: spouse, kids, pets, house, business, cars, market, investment house, ect,,

as investment = gambling [according to my theory], yes my friend You are 1000% right

so, be careful how many lots are you IN... (the secret is to take a regular profits.. ) - you know the formula: BE+1 and TP regulary..

are u referring to the number of wives ??

and what do you mean by take regular profits you need to explain that better.

and most importantly, considering your entire unedited post above, how do you define BE+1 ????
  • #163,703
  • Mar 3, 2009 11:58pm Mar 3, 2009 11:58pm
Went short with TP at 136.30 and SL at 138.30, around 35 pips at risk for 200 reward.

The green line is 13 ema.

I dumped all other indicators for good.
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  • #163,704
  • Mar 3, 2009 11:59pm Mar 3, 2009 11:59pm
Quoting forexlion
are u referring to the number of wives ??

and what do you mean by take regular profits you need to explain that better.

and most importantly, considering your entire unedited post above, how do you define BE+1 ????
I'll keep your informed mate. As soon my webinar is on, I'll send you a LINK...

  • #163,705
  • Mar 4, 2009 12:02am Mar 4, 2009 12:02am
Quoting forexlion
Went short with TP at 136.30 and SL at 138.30, around 35 pips at risk for 200 reward.

The green line is 13 ema.

I dumped all other indicators for good.
gambler .....lol
Blogging daily now at www.volume.zone
  • #163,706
  • Mar 4, 2009 12:03am Mar 4, 2009 12:03am
Quoting forexlion
Went short with TP at 136.30 and SL at 138.30, around 35 pips at risk for 200 reward.
I'm no math wiz (just have a minor not a major), but how can your reward be 200 pips when the difference between your target an SL is 200??

Now that's voodoo!
  • #163,707
  • Mar 4, 2009 12:05am Mar 4, 2009 12:05am
Quoting damonl
I just wish I could remember if that is a bullish pennent or bearish...sometimes I get confused and can 't remember

what time frame are you looking at damon ?
  • #163,708
  • Mar 4, 2009 12:07am Mar 4, 2009 12:07am
Quoting PracticalPip
I'm no math wiz (just have a minor not a major), but how can your reward be 200 pips when the difference between your target an SL is 200??

Now that's voodoo!

he is so good he pays -1 pip spread and gets no draw down ....

lol yeah right ...
Blogging daily now at www.volume.zone
  • #163,709
  • Mar 4, 2009 12:08am Mar 4, 2009 12:08am
Quoting PracticalPip
Hey Kev, honestly not sure what EXACTLY constitutes a "no demand" bar, but I see them when you say it and know it that way. Can we have one developing here on the 1 hour?
basically it is a bearish pin bar...
  • #163,710
  • Mar 4, 2009 12:08am Mar 4, 2009 12:08am
My chart was of H1

Quoting cohiba pips
what time frame are you looking at damon ?
"Keep your eyes on the helpers" - Mr. Rogers
  • #163,711
  • Mar 4, 2009 12:11am Mar 4, 2009 12:11am
Quoting malcolmb14
he is so good he pays -1 pip spread and gets no draw down ....

lol yeah right ...
Apparently he's so good his broker pays him his 30 pip stop loss if he makes his target too... only way he can get 200 pips out of what his claimed TP and SL are, otherwise it's 170.
  • #163,712
  • Mar 4, 2009 12:12am Mar 4, 2009 12:12am
Quoting cancunkev
basically it is a bearish pin bar...

wrong .. sorry ..lol .. says it as it is

NO DEMAND BAR is a low spread bar on low volume into new highs , often found on tops of markets . it is a VSA thing .....


I think can was looking at an upthrust bar , that did have a no demand bar in the back ground


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Blogging daily now at www.volume.zone
  • #163,713
  • Mar 4, 2009 12:13am Mar 4, 2009 12:13am
Quoting PracticalPip
Apparently he's so good his broker pays him his 30 pip stop loss if he makes his target too... only way he can get 200 pips out of what his claimed TP and SL are, otherwise it's 170.
unless he shorted at 138.30 and now has hit stop at break even....

not saying this is the case...but it would explain it...
  • #163,714
  • Mar 4, 2009 12:14am Mar 4, 2009 12:14am
Quoting malcolmb14
wrong .. sorry ..lol .. says it as it is

NO DEMAND BAR is a low spread bar on low volume into new highs , often found on tops of markets . it is a VSA thing .....


I think can was looking at an upthrust bar , that did have a no demand bar in the back ground

thanks for the correction malcomb...upthrust bar it is....
  • #163,715
  • Mar 4, 2009 12:16am Mar 4, 2009 12:16am
Quoting cancunkev
thanks for the correction malcomb...upthrust bar it is....

figured that was what you were looking at when you posted
Blogging daily now at www.volume.zone
  • #163,716
  • Mar 4, 2009 12:27am Mar 4, 2009 12:27am
Quoting damonl
I just wish I could remember if that is a bullish pennent or bearish...sometimes I get confused and can 't remember

i wouldn't call it a pennent but some kind off top triple top with a reversal pattern about to break south i cant post my one hour for some reason so i checked the 4hr probably pretty close to the same pattern but on the 15 min it looks like a bearish reversal triple top and thats what im waiting on to short geppy only problem we have is the strength in the dollar but when the bears come to town it should be sweet

then again damon if it breaks the roof geppy could fly imo
  • #163,717
  • Mar 4, 2009 12:35am Mar 4, 2009 12:35am
Quoting cohiba pips
i wouldn't call it a pennent but some kind off top triple top with a reversal pattern about to break south i cant post my one hour for some reason so i checked the 4hr probably pretty close to the same pattern but on the 15 min it looks like a bearish reversal triple top and thats what im waiting on to short geppy only problem we have is the strength in the dollar but when the bears come to town it should be sweet

here is mate, UY with a triangle into triangle.. the forst one with possible break to Up side..
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  • #163,718
  • Mar 4, 2009 12:37am Mar 4, 2009 12:37am
But I'll be more happy if UY make a pull back towards the 97.30 first.. before any breakout to UP side
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  • #163,719
  • Mar 4, 2009 12:41am Mar 4, 2009 12:41am
Quoting malcolmb14
really nice channel .....136.60 to 137.60

4 times in channel last 2 hours with 30 minutes top to bottom of channel

just took another sell off top channel 137.55 with 30 pips stop

Attachment

sorry to ask, but what is the indicator the is beneath the main chart, with the lines.

Where can I get it
  • #163,720
  • Mar 4, 2009 12:53am Mar 4, 2009 12:53am
thanks piters - all i can conclude now is that the range is getting so

tight im sure mal has hit the sack and we should get a break out one way

or tother lets hope im on the right side

good luck folks
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