There she goes, half off at +50, SL set to BE on other half. During Asia of all times. The Clogger is gettin' laid tonight. Well I shouldn't push my luck.
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Auslanco - GBP/JPY and GBP/USD (newstrade)
- #163,921
- Mar 4, 2009 6:05pm Mar 4, 2009 6:05pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
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- #163,924
- Mar 4, 2009 6:08pm Mar 4, 2009 6:08pm
- Joined Jul 2007 | Status: Following The Trade Winds | 8,442 Posts
- #163,925
- Mar 4, 2009 6:11pm Mar 4, 2009 6:11pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #163,926
- Mar 4, 2009 6:11pm Mar 4, 2009 6:11pm
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
hope this goes down further than that though....
- #163,927
- Mar 4, 2009 6:12pm Mar 4, 2009 6:12pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
It looks like you guys are expecting about the same thing as me. In the next few hours a retrace to the mid-139 area. At least around the daily pivot / 38 fib, and possibly a 50% or touch of this 1H lower trend line. An upward channel appears to be developing, but the upper line is still pretty new and "iffy". The lower one isn't written in stone either, but it's being respected so far.
i'll take what the market gives me and flip accordingly!
- #163,928
- Mar 4, 2009 6:13pm Mar 4, 2009 6:13pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #163,929
- Mar 4, 2009 6:15pm Mar 4, 2009 6:15pm
- Joined Jul 2007 | Status: Following The Trade Winds | 8,442 Posts
i'll take what the market gives me and flip accordingly!
- #163,931
- Mar 4, 2009 6:19pm Mar 4, 2009 6:19pm
guys gj is ranging 140 to 140.70 ....trading this range is like taking candy from a baby .. been in range all day , 300 pip in this range today
- #163,932
- Mar 4, 2009 6:22pm Mar 4, 2009 6:22pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Yep, I stole some candy in that range, I bought at the bottom only though. Missed this last one up, worried about the Asian open messing up the range.
Blogging daily now at www.volume.zone
- #163,933
- Mar 4, 2009 6:33pm Mar 4, 2009 6:33pm
been messing with it this afternoon ...... very nice .. you know how I love range trading .. a simple way to make 10 to 20 % on account in a day with little risk
I am converting as well, A nice range IS better than trying to catch a trend.
- #163,935
- Mar 4, 2009 6:36pm Mar 4, 2009 6:36pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
look gbpaud chart 60 min .. check out the range that is setting up there .... 600 pips wide . I used to trade this alot .. but then when markets got to crazy sporeads went really high ... now still high , but in asia I used to be able to bang 200 pips out of it even with 15 pip spread
Blogging daily now at www.volume.zone
- #163,936
- Mar 4, 2009 6:45pm Mar 4, 2009 6:45pm
- | Joined Jan 2009 | Status: Trader | 1,067 Posts
Is it basic Yen weakness that is causing geppy to not move as expected ?
Ie, GU drops, geppy barely moves just now, or moves both ways ..
Ie, GU drops, geppy barely moves just now, or moves both ways ..
- #163,937
- Mar 4, 2009 6:49pm Mar 4, 2009 6:49pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Is it basic Yen weakness that is causing geppy to not move as expected ?
Ie, GU drops, geppy barely moves just now, or moves both ways ..
with the tight ranging conditions we have had all day I doubt we will see any strong movements till London .... unless that bloke out of China starts the jaw boning about the stimulus package
Blogging daily now at www.volume.zone
- #163,938
- Mar 4, 2009 6:50pm Mar 4, 2009 6:50pm
look gbpaud chart 60 min .. check out the range that is setting up there .... 600 pips wide . I used to trade this alot .. but then when markets got to crazy sporeads went really high ... now still high , but in asia I used to be able to bang 200 pips out of it even with 15 pip spread
- #163,939
- Mar 4, 2009 6:55pm Mar 4, 2009 6:55pm
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
- #163,940
- Mar 4, 2009 7:01pm Mar 4, 2009 7:01pm
- | Additional Username | Joined Sep 2009 | 8,623 Posts
yes issue is gbpusd not dropping faster than uj is going up ...... you need one to be moving alot faster than the other to get movement .
with the tight ranging conditions we have had all day I doubt we will see any strong movements till London .... unless that bloke out of China starts the jaw boning about the stimulus package
ping pong ping pong ping pong ping pong non stop
