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

  • #178,601
  • May 21, 2009 10:24am May 21, 2009 10:24am
Quoting sycho
hello bro,nice to see you back in 4w..i learnt the reason allfxlion vouches where erased was,the violation of vouching rule,also his member date got shifted upfront to prevent further suspension of junior member's from him...hope trading is all going well,nice work with the indies....
hope it helps, enjoy using it bro!
I recommend you read something else as this sentence is now concluded.
  • #178,602
  • May 21, 2009 10:27am May 21, 2009 10:27am
Quoting mima
Hey Obaidah

Can you please explain your VSA indicator : meaning of colors and how to interpret it


Thank you
the colors are used to mark low/high volumes

orange below the average is low volume
orange above the average is high volume
red is very high volume
violate is ultra high
I recommend you read something else as this sentence is now concluded.
  • #178,603
  • May 21, 2009 10:34am May 21, 2009 10:34am
Quoting Obaidah
the colors are used to mark low/high volumes

orange below the average is low volume
orange above the average is high volume
red is very high volume
violate is ultra high
I like it Obaidah. It's slick. Will let you know if I come across any bugs.
"Don't trade to trade . . . trade to win." - James16
  • #178,604
  • May 21, 2009 10:42am May 21, 2009 10:42am
BOJ must have had enough . . . here they come.
"Don't trade to trade . . . trade to win." - James16
  • #178,605
  • May 21, 2009 10:45am May 21, 2009 10:45am
Quoting Obaidah
the colors are used to mark low/high volumes

orange below the average is low volume
orange above the average is high volume
red is very high volume
violate is ultra high
Thank you, what about curves and in inputs says: "display alert true" what is alert about ? I did not get any so far? green color is neutral or..?

Thanks again
The Market pays you to be disciplined
  • #178,606
  • May 21, 2009 10:46am May 21, 2009 10:46am
if 150 holds this could be one massive distribution phase....

we may see a nice upthrust bar on the hourly....
  • #178,607
  • May 21, 2009 10:55am May 21, 2009 10:55am
Quoting Flem26
BOJ must have had enough . . . here they come.
nevermind. had to do with the treasury schedule next week. ugly.
"Don't trade to trade . . . trade to win." - James16
  • #178,608
  • May 21, 2009 10:55am May 21, 2009 10:55am
Quoting cancunkev
if 150 holds this could be one massive distribution phase....

we may see a nice upthrust bar on the hourly....
I would agree if the volumes were high, but this move has not been resisted at all it seems.

Until I see some selling volume, I will not consider shorts.
  • #178,609
  • May 21, 2009 10:59am May 21, 2009 10:59am
Looking at 4hr TF, I'm adding to more shorts @ 149.55. This is a high risk position, so please take extra caution. Currently about -100pips for both pos.
  • #178,610
  • May 21, 2009 11:03am May 21, 2009 11:03am
Do you think we can hit 1.59 today???on cable?? all my analizes it says we will hit or at least we will be very close to it what do you think

Quoting A-speculator
Based on daily candle on GU you should not enter long. Perhaps you can enter short @ 1.5750. This is not a call, do your own analysis.
  • #178,611
  • May 21, 2009 11:07am May 21, 2009 11:07am
Quoting jibleanu
Do you think we can hit 1.59 today???on cable?? all my analizes it says we will hit or at least we will be very close to it what do you think
To be frank, I don't like how the daily candle right now. If you are targeting 1.59, watch for price action at 4hr high. If it can break the fractal, maybe it can reach there.
  • #178,612
  • May 21, 2009 11:11am May 21, 2009 11:11am
It's a pure manipulation .. me think. It is oil .. oil . causing this spikes up .. http://www.forexfactory.com/images/icons/icon9.gif
But am in no position .. indecisive to get in (better sideline atm)
  • #178,613
  • May 21, 2009 11:11am May 21, 2009 11:11am
hey speculator...

where is your stop on those shorts?

odd PA today to say the least....
  • #178,614
  • May 21, 2009 11:11am May 21, 2009 11:11am
Quoting grashid
mmmm..u may PM or ask my 'master Piter ' to get detail on this....
I used his method + Q method and come with my own understanding...so far mmm...no need to mentioned...but its really damm profit to me...
Install this indi for you to make it better in ur fib exyension...

Take some time and study this 2 guys method..rgiit & Pandora style also good....but this 2 guys lately seldom posting thier analysis especially Pandora....but i saw rgiit now helping us a lot

Take ur time and u may PM me for further discussion...and we may share in...
Grashid - you cant receive pm's.
  • #178,615
  • May 21, 2009 11:15am May 21, 2009 11:15am
Quoting cancunkev
hey speculator...

where is your stop on those shorts?

odd PA today to say the least....
My stop loss is the breakout of 150. I don't have any preset stop loss. It's truly based on breakout and candle pattern. Looking about -200pip of loss. To anyone who are also taking shorts, remember you are counter trend and expose to more risk than the trend follower.
  • #178,616
  • May 21, 2009 11:16am May 21, 2009 11:16am
Quoting mktjong
It's a pure manipulation .. me think. It is oil .. oil . causing this spikes up .. http://www.forexfactory.com/images/icons/icon9.gif
But am in no position .. indecisive to get in (better sideline atm)
I agree. Look at the volume on the 30m TF, declining as the price has risen. It's a bs move I think, but I'm not brave enough to short it.

It look to me like we will break out higher today now, so I will watching selling volume very carefully.
  • #178,617
  • May 21, 2009 11:23am May 21, 2009 11:23am
i am along the same lines here...

if we break the 150/151 region we should be targeting at least 156...but even with the erratic PA today, the lower volumes, and the fast mark up...i am not 100% sure that is going to happen....if we dont break in NY i am thinking we will see a fast selloff in asia and GU needs a breather as well
  • #178,618
  • May 21, 2009 11:24am May 21, 2009 11:24am
easy short goin in
  • #178,619
  • May 21, 2009 11:25am May 21, 2009 11:25am
Quoting Benjie
easy short goin in
easy short?
  • #178,620
  • May 21, 2009 11:25am May 21, 2009 11:25am
Quoting mktjong
It's a pure manipulation .. me think. It is oil .. oil . causing this spikes up .. http://www.forexfactory.com/images/icons/icon9.gif
But am in no position .. indecisive to get in (better sideline atm)
Well, we are actually in uptrend.. whoever short right now including me are fighting the trend. We might win but more expose to risk.
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