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

  • #179,241
  • May 25, 2009 9:15pm May 25, 2009 9:15pm
Quoting mofuniverse
details details, we are going DOWN plain and simple. PERIOD .......... because i said so
i might exit my short because of this cowboy call.
  • #179,242
  • May 25, 2009 9:15pm May 25, 2009 9:15pm
As some traders know, PA like to stop at round numbers.

IMHO.

I remembered malcolmb14 posted something similar to this question



Quoting Macedonia
whats at 150? is it because its a round number or do you see something else there. cheers
[
  • #179,243
  • May 25, 2009 9:16pm May 25, 2009 9:16pm
[quote=PandoraBox;2756044]
Quoting Piters
cool bro.. NP.. your money..


All counts mate. all counts,
we, me, you are developing our trading systems, and if we follow those (ours) systems (even with simple MA cross), in time we'll find all good and weak points. You filter, polish your system and make it perfect. You trade only when your system makes you money, and you are out when statisticaly your system gives you bad trades. That is what we do.. Jumping from one system to another system is the BIGGEST MISTAKE traders are doing, as they are not dedicating...
beside that another one thing left is...emotion...
so i put in ranking :-

1. Emotion
2. Knowledge + skill
3. Disiplin
4. Trading system

we have this..we able to reduce our failure rate and make a consistance profit...just my poor call after going through all of this experiance....
  • #179,244
  • May 25, 2009 9:16pm May 25, 2009 9:16pm
Quoting Piters
Gann 4h mate. we bounce a bit.. maybe to Dpp or higher
thanks for the heads up batka, will keep an eye on it
  • #179,245
  • May 25, 2009 9:25pm May 25, 2009 9:25pm
Quoting Macedonia
i might exit my short because of this cowboy call.

if 150 (well 149.80 as this is the level that was bought off yestwerday in Asia) breaks ....that is lower trend line and 4/8 mml then targets 149.2 but more likely 148.5

the 1 hour rsx is heading down and now has a trend line on it , as long as that holds it is sell rallies , also we are under the 50 sma on 60 min

early days yet as anything could happen in London but seems overall bearish for now

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Blogging daily now at www.volume.zone
  • #179,246
  • May 25, 2009 9:28pm May 25, 2009 9:28pm
Quoting pipsbull
Well, the Daily Pivot is at 150,73 on my side. Note: brokers may have'em different: my 1st one has @ above level, 2nd-150,69.
really all this time Iwas saying it will hit DP.. and i meant 150.14. and it hit it... There is a big difference.. brokers to brokers..
Markets are not Random, they are designed!
  • #179,247
  • May 25, 2009 9:33pm May 25, 2009 9:33pm
Gotta head back down to that lower TL on the daily sooner or later.
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History is written by the victors.
  • #179,248
  • May 25, 2009 9:37pm May 25, 2009 9:37pm
I SEE a lot of new faces... old ones are gone????
Markets are not Random, they are designed!
  • #179,249
  • May 25, 2009 9:41pm May 25, 2009 9:41pm
Quoting Piters
Gann 4h mate. we bounce a bit.. maybe to Dpp or higher
Have you read the Tunnel thru the air ? i've just started the book, don't really know alot about gann method, style of trading.

thanks
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #179,250
  • May 25, 2009 9:42pm May 25, 2009 9:42pm
Quoting Raza
I SEE a lot of new faces... old ones are gone????

seems that way ....
Blogging daily now at www.volume.zone
  • #179,251
  • May 25, 2009 9:43pm May 25, 2009 9:43pm
Quoting rgitt05
What DPP bounce?

My DPP was at 150.14.. i did not understand what you meant at that time.. price did bounce from there...and still bouncing... dont get it DPP should not have this much difference from brokers to brokers...
Markets are not Random, they are designed!
  • #179,252
  • May 25, 2009 9:44pm May 25, 2009 9:44pm
Quoting malcolmb14
seems that way ....
am still here...though very occasionally....and i do not know whether i am a new or old face..:-)..
  • #179,253
  • Edited 9:56pm May 25, 2009 9:45pm | Edited 9:56pm
Quoting Raza
My DPP was at 150.14.. i did not understand what you meant at that time.. price did bounce from there...and still bouncing... dont get it DPP should not have this much difference from brokers to brokers...
Here is the Pivot.. 70 pip differnce.. this could be somebodys margin call,, better to mention price point... then 50ema and gann could be different too????
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Markets are not Random, they are designed!
  • #179,254
  • May 25, 2009 9:48pm May 25, 2009 9:48pm
Quoting Raza
My DPP was at 150.14.. i did not understand what you meant at that time.. price did bounce from there...and still bouncing... dont get it DPP should not have this much difference from brokers to brokers...
If for no other reason, the different time scales alone will cause different DPP
  • #179,255
  • May 25, 2009 9:56pm May 25, 2009 9:56pm
My DPP is at 150.72..That is a big difference in DPP value..

Trade your chart..




Quoting Raza
My DPP was at 150.14.. i did not understand what you meant at that time.. price did bounce from there...and still bouncing... dont get it DPP should not have this much difference from brokers to brokers...
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[
  • #179,256
  • May 25, 2009 9:58pm May 25, 2009 9:58pm
Quoting rgitt05
My DPP is at 150.72..That is a big difference in DPP value..

Trade your chart..

this could be somebodys margin call,, better to mention price point... then 50ema and gann could be different too????
Markets are not Random, they are designed!
  • #179,257
  • May 25, 2009 10:01pm May 25, 2009 10:01pm
Quoting Raza
this could be somebodys margin call,, better to mention price point... then 50ema and gann could be different too????
yes
  • #179,258
  • May 25, 2009 10:06pm May 25, 2009 10:06pm
Quoting Raza
I SEE a lot of new faces... old ones are gone????
Yes, I have not seen Karmo in a while. Anyone know where he has been?
  • #179,259
  • May 25, 2009 10:07pm May 25, 2009 10:07pm
Quoting Raza
this could be somebodys margin call,, better to mention price point... then 50ema and gann could be different too????
DPP takes into account yesterday's high, low closing etc. But I am now 26 May here in Australia and you are still 25 May. So yesterday's high, low etc will be different depending on time zone we are in
  • #179,260
  • May 25, 2009 10:12pm May 25, 2009 10:12pm
Quoting dreed
Yes, I have not seen Karmo in a while. Anyone know where he has been?
Last heard he was having a Baby...i mean his wife,, and some one pissed him off by sayin his wife will make him sleep on the couch... or some thing like that..He said to that person.. you wanna be on IGGY list too..

He had started his own thread.. but not active on it..

Same for 5Sysfx and LIL. MOE (2 Timer according to Malcolmb).

Learned concept of Divergence from Him.. MISS them all.. good Ol days !!!
Markets are not Random, they are designed!
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