lol
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #167,341
- Mar 25, 2009 7:06am Mar 25, 2009 7:06am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
lol
- #167,342
- Mar 25, 2009 7:11am Mar 25, 2009 7:11am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
Short at your risk. I'm not sure where to target if I short here. I'm only looking to buy targeting a few hundred pips. Hourly closed below the gann but barely. Price Action looks "iffy".
Thanks for your comment my dear friend Pipsqueak
- #167,345
- Mar 25, 2009 7:42am Mar 25, 2009 7:42am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #167,348
- Mar 25, 2009 7:49am Mar 25, 2009 7:49am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
GJ broke 141.70 after so many tries, I don't believe it will be so easy for it to get below this level.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #167,349
- Mar 25, 2009 8:04am Mar 25, 2009 8:04am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
GJ seems to have a rounded top on the 60 min .... use your imagination draw line from 143.5 on left of chart to 144 on right of top
bearish 14 / 8 and 4 moving average stack for now , however there does seem to be some buying interest at 143.2 and not much effort to move down over the last few hours.
right now i took a long off vwap at 142.60 and am aiming for test of 142.20 and see what happens . There were sellers sitting there that used the spike earlier to sell gj
right evidence of sellers off 145 / 144 area and distribution hence the rounded top ..... and buyers at 142 ish ....so we may just range for a bit again
bearish 14 / 8 and 4 moving average stack for now , however there does seem to be some buying interest at 143.2 and not much effort to move down over the last few hours.
right now i took a long off vwap at 142.60 and am aiming for test of 142.20 and see what happens . There were sellers sitting there that used the spike earlier to sell gj
right evidence of sellers off 145 / 144 area and distribution hence the rounded top ..... and buyers at 142 ish ....so we may just range for a bit again
Blogging daily now at www.volume.zone
- #167,350
- Mar 25, 2009 8:36am Mar 25, 2009 8:36am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
Anyway am just look at the PA atm..no entry yet atm..but maybe am shorting again...seen anothe 30 min...
M5 seems very good setting with hundred of pips bouncing up n down since JY session....really good for scalp...how do you do so far mate?
More than 10K profit?
- #167,351
- Mar 25, 2009 8:41am Mar 25, 2009 8:41am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
aiseh..hit my second destination lol 142.17...
Anyway am just look at the PA atm..no entry yet atm..but maybe am shorting again...seen anothe 30 min...
M5 seems very good setting with hundred of pips bouncing up n down since JY session....really good for scalp...how do you do so far mate?
More than 10K profit?
keep the postings about the charts. I think many will appreciate this.
right now i see sellers off 143.10 zone , a pin bar is forming on the 60 min but 20 min to go I will post chart once it is closed.
point of control and vwap is 142.65 , this is line in sand for long / short.
we are still in a downward channel on 15 unless 143.5 taken out and then channel is proven to be a bull flag
I will post chart at top of hour
Blogging daily now at www.volume.zone
- #167,352
- Mar 25, 2009 8:49am Mar 25, 2009 8:49am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
you have to be sensitive to those losing loads right now ... this post may make many angry / sad . The market is very volatile and yes you can make money but remember you can also lose alot of money and i bet there a few that are
keep the postings about the charts. I think many will appreciate this.
right now i see sellers off 143.10 zone , a pin bar is forming on the 60 min but 20 min to go I will post chart once it is closed.
point of control and vwap is 142.65 , this is line in sand for long / short.
we are still in a downward channel...
Ok..but I cant post my good chart (still under set-up)..but appreciate if you can post your view soon..in order to me to check with yours...Anyway good advice mate...you are the only Sr which always advice me to keep calm
...learn a lot lol...be honest now i can control my emotianal better then last year....Thanks mal 
- #167,353
- Mar 25, 2009 8:51am Mar 25, 2009 8:51am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #167,355
- Mar 25, 2009 8:51am Mar 25, 2009 8:51am
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Patience + Discipline - Greed = Success
- #167,356
- Mar 25, 2009 8:52am Mar 25, 2009 8:52am
- | Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts
ok, like i said earlier, my bias is long....
i will buy from 135.30..and will add lots is price drops every 100 pips.
Tp1=141
TP2 - 150, then Tp3=170
Sl is 5 pips away from last low.
reasons:
1. we are still in a up trend (daily)
2. bullish HD on daily- MACD
3. force index is going into buy area
4. we have failed to close below 134.40 (which i clearly stated was crucial to any down moves on the daily)
Ok baby...off to bed....[/i]
nothing exciting happening at the mo...my TP1 hit...now i'm waiting for PA to re-test the 141.50 level...baby
if i get a good long signal ...i'll add to my positions for tp2.....
laters everyone....
- #167,357
- Mar 25, 2009 9:00am Mar 25, 2009 9:00am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
I look H1 seems like last bar for 142.17=S1 support as already oversold...H4 too...do you see the same thing mal...
Ok..but I cant post my good chart (still under set-up)..but appreciate if you can post your view soon..in order to me to check with yours...Anyway good advice mate...you are the only Sr which always advice me to keep calm
- #167,360
- Mar 25, 2009 9:09am Mar 25, 2009 9:09am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Hi Mal! What's your range for today, I c on your post 143.10 - 142.25??
TIA
Jhon
Blogging daily now at www.volume.zone