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

  • #179,421
  • May 26, 2009 8:53am May 26, 2009 8:53am
Quoting sycho
seriously,i dont think 150.50 can hold that much,if this guyz really want to nail it close...
what's ur take before i turn off my laptop?
  • #179,422
  • May 26, 2009 8:58am May 26, 2009 8:58am
Quoting Raza
I dont know... if volume is decreasing ... it is still going up.. if volume kicks in... then it can Fly GAIN..so be careful..PROPER MM. friend..

I just cant wait to use my parachute... too.

First up target would be 152.60
if hit my SL, i just lost 50 + 55 pips = -105pips..

But if am able to take @38.2% H1..

First target = 50pips
and holding another one..mmmm...

So good luck to all of you...and seems bored in this 2 day...able to enter first entry today...and left one short from yesterday....and see what happen in the next day...Take care
  • #179,423
  • May 26, 2009 9:00am May 26, 2009 9:00am
The 4 hour on my feed looks bearish. This seems like the umpteenth attempt at 151.50. Too much chop for me. On the sidelines until the pigmen show their hand . . . trade safe.
Attached Image (click to enlarge)
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"Don't trade to trade . . . trade to win." - James16
  • #179,424
  • May 26, 2009 9:02am May 26, 2009 9:02am
i mean ive been callin shorts and still am especially if we dont break the resistance here comin up but this thing is just screaming higher and the momentum is strong.
  • #179,425
  • May 26, 2009 9:05am May 26, 2009 9:05am
Daily volume seems to be lower than Friday's volume. This feels like the typical New York session BS news noise move . . .
Attached Image (click to enlarge)
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"Don't trade to trade . . . trade to win." - James16
  • #179,426
  • May 26, 2009 9:06am May 26, 2009 9:06am
My H1..just add 2nd entry for today...see you guys
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  • #179,427
  • May 26, 2009 9:21am May 26, 2009 9:21am
Hii MAlComb, i am new here have been following this thread for weeks, can advice when its the best to short or the signal to look for out for confirmation of this Major DROP will be?

Thanks
  • #179,428
  • May 26, 2009 9:34am May 26, 2009 9:34am
i can be wrong but here is my view....I am expecting this tripple top first because i could remember gj play tripple top at 141 before it could break and gave 1000pips to the up side so same scenario could repeat..
trade ur chart i am only sharing this..
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #179,429
  • May 26, 2009 9:34am May 26, 2009 9:34am
Quoting StarFX
Hii MAlComb, i am new here have been following this thread for weeks, can advice when its the best to short or the signal to look for out for confirmation of this Major DROP will be?

Thanks
read this 10 times
Attached File(s)
File Type: pdf VSA BASICS from MTM.pdf   1.6 MB | 724 downloads
  • #179,430
  • May 26, 2009 9:39am May 26, 2009 9:39am
Thanks for the info

Quoting jdhj1
read this 10 times
  • #179,431
  • May 26, 2009 10:38am May 26, 2009 10:38am
151.52 just around the corner GJ!!!! please closed that price my dear......otherwise GJ will keep ranging again and again.....to me not impossible GJ will try to reached 154.44 before continue to south......
  • #179,432
  • May 26, 2009 11:04am May 26, 2009 11:04am
Quoting mamufx
151.52 just around the corner GJ!!!! please closed that price my dear......otherwise GJ will keep ranging again and again.....to me not impossible GJ will try to reached 154.44 before continue to south......

Based on what?
  • #179,433
  • May 26, 2009 11:07am May 26, 2009 11:07am
Quoting Fusion
Based on what?
Based on MAGIX hehehehehe now GJ break that price 151.52.....we need to wait at this moment.......if break above 152.00 then next stop GJ 154.44.....but to me rite now the situation consider as 50-50......deep in my heart GJ will start going down by tomorrow during London session......choaw.....
  • #179,434
  • May 26, 2009 11:31am May 26, 2009 11:31am
if i where the pro's,i will crash this lady to 150.76-26,then take her back up to break 151.50..if i where the pro's!!!!!
Imanuel Parsifal
  • #179,435
  • May 26, 2009 11:36am May 26, 2009 11:36am
Quoting sycho
if i where the pro's,i will crash this lady to 150.76-26,then take her back up to break 151.50..if i where the pro's!!!!!
Every mankind's success starts from an imagination. Keep going .. one day you will become one
Discipline + Patience - Fear - Greed = Success
  • #179,436
  • Edited 12:06pm May 26, 2009 11:47am | Edited 12:06pm
Quoting arezab
Every mankind's success starts from an imagination. Keep going .. one day you will become one
LOL..bro..the love of pumpum is the root of all evil..i will use astrology someday..may be this recession is the right chance for that,may be..
Imanuel Parsifal
  • #179,437
  • May 26, 2009 11:50am May 26, 2009 11:50am
Quoting sycho
if i where the pro's,i will crash this lady to 150.76-26,then take her back up to break 151.50..if i where the pro's!!!!!
Even if you are a pro you can not do that, although you may wish. The FX market isn't like a stockmarket. You can try to bring a ccy pair up or down, but soon enough you will find someone bigger than you. Only if you could arrange an agreement with say 10 other big market makers this could be done. In practice it usually won't work.....
{Promotion Removed}
  • #179,438
  • May 26, 2009 11:56am May 26, 2009 11:56am
Quoting azibi
Even if you are a pro you can not do that, although you may wish. The FX market isn't like a stockmarket. You can try to bring a ccy pair up or down, but soon enough you will find someone bigger than you. Only if you could arrange an agreement with say 10 other big market makers this could be done. In practice it usually won't work.....
if i need 10 other market makers to make g/j move say 110pips,then i can make her move 10pips,for me thats good enough..death has to be easy cause life is hard..
Imanuel Parsifal
  • #179,439
  • May 26, 2009 12:01pm May 26, 2009 12:01pm
Quoting sycho
if i need 10 other market makers to make g/j move say 110pips,then i can make her move 10pips,for me thats good enough..death has to be easy cause life is hard..
If you have a half yard order at hand you ll move it 25 points, depends liquidity lol
{Promotion Removed}
  • #179,440
  • May 26, 2009 12:07pm May 26, 2009 12:07pm
My volume charts look like this, I noticed some others --the bars are all the same height... I see some mark up and some accumulation, I don't see a good short set up (yet). and I see both support and resistance at the present levels... still Looking for my entry...
Attached Image(s) (click to enlarge)
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