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Sycho - Volume Based Trade (Gbp/Jpy&Usd/JPY)

  • #121
  • May 21, 2009 9:03am May 21, 2009 9:03am
AM looking at a heavy push further south when we hit the bottom 100%fibs,i don't think yesterday bottum will hold,let's see what VSA hold's for us at that level...
Attached Image (click to enlarge)
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Imanuel Parsifal
  • #122
  • May 21, 2009 3:07pm May 21, 2009 3:07pm
guyz am calling it a day..all thx to u/j..i have some pips to take home today..best of luck to you all.a quick drop in at asian session,then resume at london session...
Imanuel Parsifal
  • #123
  • May 21, 2009 6:49pm May 21, 2009 6:49pm
Quoting sycho
nice take bro..am just holding unto my 150.12 short.and watching how she play's out..i don't think i will touch g/j for a while until BOE step's away from it..how is trading going for the week..
My trading is pretty well bro, thanks, what about yours?

Just thinking about the pound, is extremely bullish, maybe the pros are driving the price for sell on highs, I dunno really what think about that, I hope for 1.60 for this weekend on cable, in the other hand, geppy is on range between 1.50 - 1.47, but my bias is bearish yet, I mean, the pros maybe are waiting a better price to ride this bull to 155-156, and maybe begins a new bearish movement from there, take care bro, and trade well, thanks for your advices on this thread.

Jhon.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #124
  • May 21, 2009 6:54pm May 21, 2009 6:54pm
Quoting sycho
AM looking at a heavy push further south when we hit the bottom 100%fibs,i don't think yesterday bottum will hold,let's see what VSA hold's for us at that level...
Bro, on gopher I see that:

Attached Image (click to enlarge)
Click to Enlarge Name: ujw.gif Size: 29 KB


Weekly is very bearish, if the price breaks 93.xx and managed below from it, the next parade for gopher is 88.xx, maybe this weekend, maybe the next week, but I see hungry bears!
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #125
  • May 21, 2009 7:08pm May 21, 2009 7:08pm
Quoting JhonMonsalve
My trading is pretty well bro, thanks, what about yours?

Just thinking about the pound, is extremely bullish, maybe the pros are driving the price for sell on highs, I dunno really what think about that, I hope for 1.60 for this weekend on cable, in the other hand, geppy is on range between 1.50 - 1.47, but my bias is bearish yet, I mean, the pros maybe are waiting a better price to ride this bull to 155-156, and maybe begins a new bearish movement from there, take care bro, and trade well, thanks for your advices on this thread.

Jhon.
there seem to be great deal of distribution going on on g/j..and it's been in a nice range i must say..looking at u/j i just bought from the bottom fibs at 93.82 and have my sl there,as am in +15pips already..just following my setup using volume and fibs...my trading is going well for today,all thanks to u/j...
Imanuel Parsifal
  • #126
  • May 21, 2009 7:10pm May 21, 2009 7:10pm
sycho, whats going on bro. i set that up yesterday, and i got ur call today, but i wasnt in. i didnt trade today. How's everything going in ur side?
  • #127
  • May 21, 2009 7:12pm May 21, 2009 7:12pm
Quoting JhonMonsalve
Bro, on gopher I see that:

Attachment

Weekly is very bearish, if the price breaks 93.xx and managed below from it, the next parade for gopher is 88.xx, maybe this weekend, maybe the next week, but I see hungry bears!
i think am gonna lock in my long..my volume is showing some small level of selling coming in around that bottom level,this could only mean we go lower..let's see how she play's out..you analysis,both daily and otherwise are greatly appreciated bro..
Imanuel Parsifal
  • #128
  • May 21, 2009 7:48pm May 21, 2009 7:48pm
Quoting jor1234
sycho, whats going on bro. i set that up yesterday, and i got ur call today, but i wasnt in. i didnt trade today. How's everything going in ur side?
am good bro,tried hollaing at you,have been at u/j neck allday,lovely moves there,am taking her since the cable manipulation is not yet done,lovely range on the g/j today though...hope you checked some of the u/j trade posted,..similar setup with what we practised in class,using fibs with volume,lovely set up
Imanuel Parsifal
  • #129
  • May 21, 2009 7:50pm May 21, 2009 7:50pm
im taking a look as we speak, let me ask u. are we having a class tomorrow?
  • #130
  • May 21, 2009 8:38pm May 21, 2009 8:38pm
Quoting jor1234
im taking a look as we speak, let me ask u. are we having a class tomorrow?
i cant say bro..looks like there will be much trading 2mmrrw..gnite all..see you at london session..
Imanuel Parsifal
  • #131
  • May 23, 2009 6:18pm May 23, 2009 6:18pm
this was posted about a month ago,b/4 we journeyed 1st leg to 139... http://www.forexfactory.com/news.php?do=news&id=166045 some more chart below to give graphical explanation...
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Imanuel Parsifal
  • #132
  • May 24, 2009 8:58pm May 24, 2009 8:58pm
guyz here we go..we v got a hrly 200pips and more range..starting at 149.96-151.02 and expanding mainly downwards to 148.90area or below..check the chart for minifibs..and apply you volume and mm as it goes..
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Imanuel Parsifal
  • #133
  • May 24, 2009 9:23pm May 24, 2009 9:23pm
based on our daily momemtum and volume..you can see clearly on the chart that today is a bearish day..here are our volume take point's for today...
1)149.96daily pivot
2)149.14(23.6%fibs)
3)148.93s1
4)147.99(38.2%%fibs)
5)147.04(50%fibs)..more will be added as we progress..the maximum high for the day is expected at 151.02(100%fibs)..and hopefully the holiday plays on low volume and no repeat of last monday manipulation..stare tuned for update as we progress..
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Imanuel Parsifal
  • #134
  • May 25, 2009 9:52am May 25, 2009 9:52am
based on volume from last week,here is my little take...on the 21st we withnessed a sharp drop from 149level down to 146 b/4 a steady climb up again..here is what i think..around 143level large buy orders where placed by the pro's,this got exhausted around 149level as profit where taken here ahead of the weekend and this week holiday,this lead to the sharp drop from 149-146,and fresh buy orders where placed at 147level,which is still in play now probly till they come back 2mmrrw,and judging by the last one should exhaust around 152-153level,that should be a nice place for pro's to take profit which could send a large drop down to 146-145area..what they decide to do from that level,matter's next..a chart below to illustrate...
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Imanuel Parsifal
  • #135
  • May 25, 2009 10:26am May 25, 2009 10:26am
Looking at the hrly since the weekly opened,suggest we have been having a slow steady upmove with very little volume..meaning we are in a distribution phase,and having a good support at 149.96..meaning,the pro's are already taking profit,and am looking at it continueing uptil around 152-153 phase wre i expect the dropping to start..a chart below..let's see how she play's out....
Attached Image (click to enlarge)
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Imanuel Parsifal
  • #136
  • May 26, 2009 2:40pm May 26, 2009 2:40pm
alright guyz..while we wait hopefully for some real..fireworks,while don't we cool off,with some soda and uuu knoooww..
Inserted Video
Imanuel Parsifal
  • #137
  • May 26, 2009 2:43pm May 26, 2009 2:43pm
You are really crazy ! LOL
Quoting sycho
alright guyz..while we wait hopefully for some real..fireworks,while don't we cool off,with some soda and uuu knoooww..http://www.youtube.com/watch?v=mtNpa...eature=channel
  • #138
  • May 26, 2009 2:48pm May 26, 2009 2:48pm
Hey Sycho..I downloaded the vsa volumn zip file...is there any info on how to use all the info it provides?
  • #139
  • May 26, 2009 2:50pm May 26, 2009 2:50pm
Quoting StarChild
You are really crazy ! LOL
hey! sis..hmm..u think that's crazy.hah!! now add this
Inserted Video
Imanuel Parsifal
  • #140
  • May 26, 2009 2:53pm May 26, 2009 2:53pm
Quoting StarChild
Hey Sycho..I downloaded the vsa volumn zip file...is there any info on how to use all the info it provides?
am not too sure which one you downloaded,may be attaching it will help me understand better..but if it's the same i know,try master the market 1st then i will get you a post made by a bro obaidai..after that,i will just show you how i blend vsa into my trading,alongside fibo e.t.c...
Imanuel Parsifal
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