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

  • #174,841
  • May 4, 2009 8:30am May 4, 2009 8:30am
Quoting Andrew Vu
I bought from retrace:-). I still believed in bull. Thanks.
Updated chart?

thoughts on my 60 min

the dip overnight has allowed some of the indicators to come out of overbought zone

volume has been low but that is likely due to the holidays in Japan and UK

Attached Image (click to enlarge)
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Blogging daily now at www.volume.zone
  • #174,842
  • May 4, 2009 8:30am May 4, 2009 8:30am
Quoting malcolmb14
oh sell sell sell is it ?

AFTER the 100 pip rise from your call ....price retraced right to the top of last box consolidation on 60 min

get real ..... we have to retrace to go higher .

I did ok in Asia , then as discussed with piters waited for retrace to 147 zone , then loaded up again , half off already for 80 pip with stop at +30 pip other half

Forget 10 lots...Time coming soon for 100 lots MAL.
Markets are not Random, they are designed!
  • #174,843
  • May 4, 2009 8:32am May 4, 2009 8:32am
Quoting PipChick
Should I get my paddle out?

yes please ...lol

forexlion and I just have fun with each other ..
Blogging daily now at www.volume.zone
  • #174,844
  • May 4, 2009 8:32am May 4, 2009 8:32am
Malcomb was correct. I listen to what he and quecee5 post. My shorts were just playing the retrace. I exited on the previous 4 hour candle close. and bought the retest of the broken trendline.
  • #174,845
  • May 4, 2009 8:36am May 4, 2009 8:36am
Hi Pipchick

I really do not think that Forexlions losses where all that funny, A guy who claims made 32,000 pips , BUT forgets to mention a 22,000 pip draw down, and leave the subs with his last trades that total another 1,600+ pips loss in less than 17 min ,runs and hides and kills his system so no one can see it. Not very funny

Quoting PipChick
Should I get my paddle out?
  • #174,846
  • May 4, 2009 8:37am May 4, 2009 8:37am
I have a different opine
I see more retracement coming soon led by GU weakness.
  • #174,847
  • May 4, 2009 8:39am May 4, 2009 8:39am
Quoting King Kong1
Hi Pipchick

I really do not think that Forexlions losses where all that funny, A guy who claims made 32,000 pips , BUT forgets to mention a 22,000 pip draw down, and leave the subs with his last trades that total another 1,600+ pips loss in less than 17 min ,runs and hides and kills his system so no one can see it. Not very funny
I noticed the same. Mal...save the subs!!!
  • #174,848
  • May 4, 2009 8:41am May 4, 2009 8:41am
Quoting ovaforty
Malcomb was correct. I listen to what he and quecee5 post. My shorts were just playing the retrace. I exited on the previous 4 hour candle close. and bought the retest of the broken trendline.

I typically trade both ways ...

but the manipulation that is in the market right now has me very concerned about selling , so i prefer to go with trend till I see some signs form volume that a top may be in , eventually this will turn and head down 1000 pips , but 1st we should test at least 151.5
Blogging daily now at www.volume.zone
  • #174,849
  • May 4, 2009 8:41am May 4, 2009 8:41am
Quoting malcolmb14
I buy all at once

If you feel the trade is good why scale in and lose valuable profit ?
daily volume is declining; price is forming a doji on daily; today PA was just crossed 38.2 fib fan line just to consider
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  • #174,850
  • May 4, 2009 8:42am May 4, 2009 8:42am
Did some codings before at works, but Mt4 is still new with syntax....I realized those erros about objects passed kept coming out on experts session, it seemed to be gone since last night. Added simple alert as well.

Godfrey, I could screwed up your codes:-), please test.

If anyone want it, I will upload.
Attached Image (click to enlarge)
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  • #174,851
  • May 4, 2009 8:44am May 4, 2009 8:44am
Quoting PipChick
I noticed the same. Mal...save the subs!!!
I belive there is a way in zulu you can choose to do the inverse trade , as there are some really bad traders

overall with forexlion's draw downs you would have made more money in the long run if you traded the opposite of what he was doing.

In reagrds to saving the subs ..lol .. I did try my best , with charts , and sound reasonings last week why this was going to 150 zone. It was not based on some bs lagging indicators. The accumulation on the volume clearly showed the pros intent.
Blogging daily now at www.volume.zone
  • #174,852
  • May 4, 2009 8:46am May 4, 2009 8:46am
Quoting metlife777
daily volume is declining; price is forming a doji on daily; today PA was just crossed 38.2 fib fan line just to consider

we have to discount volume fridays thru today

to many holidays.

lets wait and see if volume picks up in London tonight , for now still buying dips
Blogging daily now at www.volume.zone
  • #174,853
  • May 4, 2009 8:48am May 4, 2009 8:48am
Now Bill Gates can sleep, I won't take a run at him lol
See you next weekhttp://www.forexfactory.com/images/icons/dollar.gif
  • #174,854
  • May 4, 2009 8:57am May 4, 2009 8:57am
Quoting Fusion
Don't you think that if Geppy starts to go down in NY session, by the time that we reach to Japan open in 36 hrs, it should have dropped a good 500/600 pips? Any ideas on how NY sessions can play out?
We took [break] that 1000p TrendLine, We dropped almost 200p and we bounced from DPP + bunch of support levels, this is a bounce.. and DPP or 147.20 is a TEST level. If we crash the DPP today, we are going to make another pin bar on daily, and another Bearish/reversal sign on GY - same as for run we had with the top of [151.50]

So, the second test on DPP is important, and then the next level IS 145.50 and 141,50. Im not trying to predict the PA,, but im playing step by step, (level bu level)

so far my daily, 4h are bearsh, and my 1h is in retracement position..

My target so far is 145.50 where fibo 382 is and daily 5sma

cheers!
  • #174,855
  • May 4, 2009 8:59am May 4, 2009 8:59am
Quoting Andrew Vu
Did some codings before at works, but Mt4 is still new with syntax....I realized those erros about objects passed kept coming out on experts session, it seemed to be gone since last night. Added simple alert as well.

Godfrey, I could screwed up your codes:-), please test.

If anyone want it, I will upload.

keep it simple andrew .. there is to much going on in your chart for my liking , not sure if that will help you or hinder you
Blogging daily now at www.volume.zone
  • #174,856
  • May 4, 2009 9:04am May 4, 2009 9:04am
that's a completely cooked number. government prolly bought all the houses, or added a 0 in the numbers on the books somewhere.
  • #174,857
  • May 4, 2009 9:06am May 4, 2009 9:06am
Quoting Eulogy
that's a completely cooked number. government prolly bought all the houses, or added a 0 in the numbers on the books somewhere.
pure manipulation !!!

I gave up trying to fade it and sell

I am only buying dips ES and GJ for now. Why trade against the PPT ? lol
Blogging daily now at www.volume.zone
  • #174,858
  • May 4, 2009 9:11am May 4, 2009 9:11am
Just closed 300pips on ej,gu,gj:-) since it is close to MM 2/8/6/8 etc. might Pull back to 4/8 before continue. Lucky me today.
  • #174,859
  • May 4, 2009 9:17am May 4, 2009 9:17am
CABLE: Heh... this is what I was talking about (buy all dips), pips for all, whether you are long or short. It looks like the ascending triangle held. Notice the diminishing volume as price approached the trendline, also the bullish hidden divergence.
Attached Image (click to enlarge)
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  • #174,860
  • May 4, 2009 9:20am May 4, 2009 9:20am
Quoting forexlion
SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL

GJ will either gap open below 146 or will crash right from the market open.

the GJ futures are currently trading at 145.70


this is where the inverse function does well on zulu trading . .whatever forexlion does .. do the opposite ... a money maker lol
Blogging daily now at www.volume.zone
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