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

  • #181,361
  • Jun 9, 2009 7:38am Jun 9, 2009 7:38am
Quoting grashid
this guys always posting with almost 90% accurate...i saw quite a lot of people contradict witht his flur..but end up..he just walk of with a silent mode...(actually what he say is right)...
...i am no miracle worker just tell u what is on my charts...baby

you must have good equity to swing trade..if u trade mini..then forget it....baby...
  • #181,362
  • Jun 9, 2009 7:54am Jun 9, 2009 7:54am
Quoting grashid
this guys always posting with almost 90% accurate...i saw quite a lot of people contradict witht his flur..but end up..he just walk of with a silent mode...(actually what he say is right)...

yup Big bruv has the patience for those nice swign trades , he may get a little draw down not sure , but it seems his risk reward is always good ... two thumbs up
Blogging daily now at www.volume.zone
  • #181,363
  • Jun 9, 2009 7:57am Jun 9, 2009 7:57am
Quoting malcolmb14
yup Big bruv has the patience for those nice swign trades , he may get a little draw down not sure , but it seems his risk reward is always good ... two thumbs up
..hehe thanks baby..compared to you ..i'm just an apprentice...you are deffo the master of trading......oh baby
  • #181,364
  • Jun 9, 2009 8:05am Jun 9, 2009 8:05am
Quoting Big Bruv
..hehe thanks baby..compared to you ..i'm just an apprentice...you are deffo the master of trading......oh baby

not last 2 weeks ... something wrong may take month off , cannot seem to get anything right . Last week managed to get positive only to give it all back this week .

I have found that when this happens I take some time off. It is not my system , it is still working in hind sight . It is my mind that is screwing with me

I have found I am thinking to much about the longer term instead of trading my 15 / 5 min charts . Yesterday in a chat room I said gu was a long before rip up ...what did i do .. in my mind I had 1.5600 as target so was trying to short it. I got to get rid of those long term targets , not think about them , not listen to news and trade my 15 / 5
Blogging daily now at www.volume.zone
  • #181,365
  • Jun 9, 2009 8:10am Jun 9, 2009 8:10am
Quoting malcolmb14
not last 2 weeks ... something wrong may take month off , cannot seem to get anything right . Last week managed to get positive only to give it all back this week .

I have found that when this happens I take some time off. It is not my system , it is still working in hind sight . It is my mind that is screwing with me
ya baby..the last 2/3 weeks have been very very strange...i did mention that this might be bicos we are reaching a short term top..so pros might be trying to shake-out and trap lots of people?..

the PA action has just been strange but it geppy...she has mood swings
  • #181,366
  • Jun 9, 2009 8:12am Jun 9, 2009 8:12am
Quoting Big Bruv
ya baby..the last 2/3 weeks have been very very strange...i did mention that this might be bicos we are reaching a short term top..so pros might be trying to shake-out and trap lots of people?..

the PA action has just been strange but it geppy...she has mood swings

typically this is my market trading the range ...... and loving it !!!!
Blogging daily now at www.volume.zone
  • #181,367
  • Jun 9, 2009 8:14am Jun 9, 2009 8:14am
Quoting Big Bruv
...i am no miracle worker just tell u what is on my charts...baby

you must have good equity to swing trade..if u trade mini..then forget it....baby...
i dont know what must i clik on your blog to subscribe, just look your trading result,can u help me
  • #181,368
  • Jun 9, 2009 8:17am Jun 9, 2009 8:17am
Quoting tohiriyah
i dont know what must i clik on your blog to subscribe, just look your trading result,can u help me
click on the big white button that say "subscribe to: Posts"..baby
  • #181,369
  • Jun 9, 2009 8:37am Jun 9, 2009 8:37am
Quoting Big Bruv
click on the big white button that say "subscribe to: Posts"..baby
can u give me direct link.....
  • #181,370
  • Jun 9, 2009 8:43am Jun 9, 2009 8:43am
Quoting malcolmb14
not last 2 weeks ... something wrong may take month off...
last 2 weeks we stopped having fun, and that upset u

anyways whats your read on GJ this week
  • #181,371
  • Jun 9, 2009 8:48am Jun 9, 2009 8:48am
Quoting tohiriyah
can u give me direct link.....
buddy i'm confused? direct link to wot?..my blog? see my sig..all links to stuff on my blog..feel free to explore...baby
  • #181,372
  • Jun 9, 2009 9:03am Jun 9, 2009 9:03am
i'm shorting GU @1.6226 ,with 50 pips s/l
am i right to enter ? still newbie
Just Newbie Need Guidance From The Expert
  • #181,373
  • Jun 9, 2009 9:08am Jun 9, 2009 9:08am
Quoting malcolmb14
typically this is my market trading the range ...... and loving it !!!!
If this is anything like last summer .... this range has just started
Attached Image (click to enlarge)
Click to Enlarge Name: summer doldrums.gif Size: 20 KB
  • #181,374
  • Jun 9, 2009 9:09am Jun 9, 2009 9:09am
Quoting forexlion
last 2 weeks we stopped having fun, and that upset u

anyways whats your read on GJ this week

lol.. that is true.

volume on 3 hour chart is telling me that the move 156.50 to 158.5 is on low volume . Then over night in London we have had some distribution and double dojis . This says it should drop into that support of 156.50

we are however in an up trend channel now, as long as 156.50 holds there is a potential upside target of 160. On dips gj is getting bought at higher lows now on the pivots

Geithner is up in 23 minutes so any thing could happen ... he is likely practicing keeping a straight face when he lies now

on the 5 min gu rsx is pointing down yet there is no selling pressure yet

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY3MIN217.png Size: 208 KB
Blogging daily now at www.volume.zone
  • #181,375
  • Jun 9, 2009 9:10am Jun 9, 2009 9:10am
Looks like pound may be under pressure this us session. over the last couple of days the pound was bought in us consistently till 1 hour after dow close and then sold 2 hours later in asia.

Lets see.
  • #181,376
  • Jun 9, 2009 9:10am Jun 9, 2009 9:10am
Quoting NoviceInd
i'm shorting GU @1.6226 ,with 50 pips s/l
am i right to enter ? still newbie

gu looks like she should be coming off on a 15 , but price action says otherwise. seems it wants higher as there is no selling pressure. I was short but closed for 2 pips when price did not drop
Blogging daily now at www.volume.zone
  • #181,377
  • Jun 9, 2009 9:11am Jun 9, 2009 9:11am
Quoting NoviceInd
i'm shorting GU @1.6226 ,with 50 pips s/l
am i right to enter ? still newbie
well I am short myself but I consider to go out on any dip. Fact is that whatever I read and hear around me the whole world is short cable or thinking about shorting it upto 16300/50. Which means to me it won't go substantial lower until ALL those shorts are shaken out and turned long convincingly.
Only than market is ripe for a true collapse. So guess the 16400/16500 level as some people here suggested could very well be reached first!
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  • #181,378
  • Jun 9, 2009 9:17am Jun 9, 2009 9:17am
Quoting azibi
well I am short myself but I consider to go out on any dip. Fact is that whatever I read and hear around me the whole world is short cable or thinking about shorting it upto 16300/50. Which means to me it won't go substantial lower until ALL those shorts are shaken out and turned long convincingly.
Only than market is ripe for a true collapse. So guess the 16400/16500 level as some people here suggested could very well be reached first!

1.6300 coming ..... high vol pivot 5 days ago then 1.6386 IF that breaks

I will only sell on reversal off one of these high volume pivot areas

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY3MIN218.png Size: 138 KB
Blogging daily now at www.volume.zone
  • #181,379
  • Jun 9, 2009 9:26am Jun 9, 2009 9:26am
Quoting malcolmb14
1.6300 coming ..... high vol pivot 5 days ago then 1.6386 IF that breaks

I will only sell on reversal off one of these high volume pivot areas

Attachment
Thanks Malcolm, I understand your point yes......it remains amazingly strong
also look eur/gbp! Euro collapses while fundamentally it should trade at par at least......
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  • #181,380
  • Jun 9, 2009 9:28am Jun 9, 2009 9:28am
5min bars looks dangerous..

it's Timy time....
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