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

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  • Post #183,121
  • Quote
  • Edited at 2:26pm Jun 25, 2009 2:07pm | Edited at 2:26pm
  •  sycho
  • Joined Sep 2007 | Status: Senior Member | 3,060 Posts
Quoting JhonMonsalve
Disliked
Btw, take a look at this, Geppy is bouncing from fibo 50% from last drop

Attachment 265239

Jhon
Ignored
on the 15min..look's like the bounce came right of s1..here's a chart.and there seem to be some good amount of seller's seating at 38.2%fibs..157.26..watching out for s1 and there to look for buying and selling opportunities,for some good 200pips....HOLLA
CAPTAIN Sycho..
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Imanuel Parsifal
 
 
  • Post #183,122
  • Quote
  • Jun 25, 2009 2:11pm Jun 25, 2009 2:11pm
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,883 Posts
Quoting malcolmb14
Disliked
nope just no demand ... prices drops under no demand.

I got rid long .. waiting to reload , 156.50 seems like maybe a good zone
Ignored

always out by 10 pips. .... got long 156.60
Blogging daily now at www.volume.zone
 
 
  • Post #183,123
  • Quote
  • Jun 25, 2009 2:12pm Jun 25, 2009 2:12pm
  •  bounty
  • | Joined Feb 2008 | Status: Member | 29 Posts
Quoting sycho
Disliked
really..then..check well..coz lot's of people here predicted that..a long time ago....what is your aim bro..HOLLA
CAPTAIN Sycho..
Ignored

Really... Lots of people here have predicted so many things. Can you please direct me to a post where you or anyone else had predicted this before as precise as the above charts. Appreciate your help.
 
 
  • Post #183,124
  • Quote
  • Jun 25, 2009 2:15pm Jun 25, 2009 2:15pm
  •  JhonMonsalve
  • Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Quoting sycho
Disliked
on the 15min..look's like the bounce came right of s1..here's a chart...HOLLA
CAPTAIN Sycho..
Ignored


Take a look to 4h candle: forming a bearish harami, chart:

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I'll wait to see the close of this candle!
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
 
 
  • Post #183,125
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  • Jun 25, 2009 2:15pm Jun 25, 2009 2:15pm
  •  bounty
  • | Joined Feb 2008 | Status: Member | 29 Posts
Quoting JhonMonsalve
Disliked
Very interesting Swing trade, on lilmoe's thread, I've seen the same.
Where do you get this?

TIA!

Jhon
Ignored

John,

Best is to google it or send me a PM. I dont want to get banned from here for posting external links.
 
 
  • Post #183,126
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  • Jun 25, 2009 2:16pm Jun 25, 2009 2:16pm
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,883 Posts
Quoting bounty
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Really... Lots of people here have predicted so many things. Can you please direct me to a post where you or anyone else had predicted this before as precise as the above charts. Appreciate your help.
Ignored

capt has been going on about his flight to 120 area for a while now ... it just keeps having false take offs.

I never guess markets , that is what auslano is doing ? does he know what the illuminati are up to ?

I trade a day at a time , anything can happen at any time

ask one of the traders in here ( name not disclosed) and his 1500 pip draw down that he has based on auslanos forum trading room !!! 1500 pips !!!!

yes markets should tank .... I agree .. but did you not hear recession is over. LOL ... that headline is one reason to be selling the crap out of everything. How long this takes to play out i do notk now , could be october or later.
Blogging daily now at www.volume.zone
 
 
  • Post #183,127
  • Quote
  • Jun 25, 2009 2:20pm Jun 25, 2009 2:20pm
  •  JhonMonsalve
  • Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Quoting bounty
Disliked
Really... Lots of people here have predicted so many things. Can you please direct me to a post where you or anyone else had predicted this before as precise as the above charts. Appreciate your help.
Ignored
Here you go:

http://www.forexfactory.com/showpost...&postcount=718

Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
 
 
  • Post #183,128
  • Quote
  • Jun 25, 2009 2:21pm Jun 25, 2009 2:21pm
  •  JhonMonsalve
  • Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Quoting bounty
Disliked
John,

Best is to google it or send me a PM. I dont want to get banned from here for posting external links.
Ignored
Ok, thanks!
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
 
 
  • Post #183,129
  • Quote
  • Jun 25, 2009 2:28pm Jun 25, 2009 2:28pm
  •  Piters
  • Joined Sep 2006 | Status: Collector | 9,833 Posts
Quoting malcolmb14
Disliked
capt has been going on about his flight to 120 area for a while now ... it just keeps having false take offs.

I never guess markets , that is what auslano is doing ? does he know what the illuminati are up to ?

I trade a day at a time , anything can happen at any time

ask one of the traders in here ( name not disclosed) and his 1500 pip draw down that he has based on auslanos forum trading room !!! 1500 pips !!!!

yes markets should tank .... I agree .. but did you not hear recession is over. LOL ... that headline is one reason...
Ignored


 
 
  • Post #183,130
  • Quote
  • Jun 25, 2009 2:29pm Jun 25, 2009 2:29pm
  •  bounty
  • | Joined Feb 2008 | Status: Member | 29 Posts
Quoting malcolmb14
Disliked
capt has been going on about his flight to 120 area for a while now ... it just keeps having false take offs.

I never guess markets , that is what auslano is doing ? does he know what the illuminati are up to ?

I trade a day at a time , anything can happen at any time

ask one of the traders in here ( name not disclosed) and his 1500 pip draw down that he has based on auslanos forum trading room !!! 1500 pips !!!!

yes markets should tank .... I agree .. but did you not hear recession is over. LOL ... that headline is one reason to be selling...
Ignored
LOL ... His 1500 pips drawdown is as bad as your 50pip drawdown. It's all about the Money management my friend. Isn't trading is all about guess work and speculation? You talk as if it is your trades are 100% gurenteed. Here's an idea for you.. mortgage your house borrow few hundred thousand dollar and turn it to a billion in 10 trades. Lets see how sure about your trades while seaoned traders such as auslanco are just guessing the market.
 
 
  • Post #183,131
  • Quote
  • Jun 25, 2009 2:44pm Jun 25, 2009 2:44pm
  •  Flem26
  • | Joined Apr 2008 | Status: I Was But the Learner | 973 Posts
Quoting malcolmb14
Disliked
capt has been going on about his flight to 120 area for a while now ... it just keeps having false take offs.

I never guess markets , that is what auslano is doing ? does he know what the illuminati are up to ?

I trade a day at a time , anything can happen at any time

ask one of the traders in here ( name not disclosed) and his 1500 pip draw down that he has based on auslanos forum trading room !!! 1500 pips !!!!

yes markets should tank .... I agree .. but did you not hear recession is over. LOL ... that headline is one reason to...
Ignored
it is over M. The Fed has saved the day . . . and Bernanke is a rock star says the MSM. These markets are garbage . . . being propped up by crooks around the world . . .
"Don't trade to trade . . . trade to win." - James16
 
 
  • Post #183,132
  • Quote
  • Jun 25, 2009 2:50pm Jun 25, 2009 2:50pm
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,883 Posts
Quoting bounty
Disliked
LOL ... His 1500 pips drawdown is as bad as your 50pip drawdown. It's all about the Money management my friend. Isn't trading is all about guess work and speculation? You talk as if it is your trades are 100% gurenteed. Here's an idea for you.. mortgage your house borrow few hundred thousand dollar and turn it to a billion in 10 trades. Lets see how sure about your trades while seaoned traders such as auslanco are just guessing the market.
Ignored
lol... I do ok not saying i am the best. I think my posts on here have been fairly accurate when day trading .I suck at swing trading For your info I have 7 years of this under my belt (forex , stock , options , etfs , futures , forex options .. the list goes on what I trade), understand the markets fairly well , and have about an 80% win / loss ratio . So seasoned ? I guess I could be called that.

are you kidding ? he is offering a paid service ... 1500 pip draw down while all charts scream up is rubbish . It is like hoping and praying. come on get real. I do not even think he recommended to hedge I may be wrong , will have to ask my buddy. At the moment GU is off to do another test 1.6600 . I think 1.7100 is on cards before reversal as we see a wall of buyers 1.6250 . This accumualation by the pros is not for a 200 pip ride up . That will add another 500 pips draw down

In swing trading you have time to think about stuff .. 300 pip cut it loose or hedge I agree...but 1500 pips...hoping that it will come down. That is good money managment ?
Blogging daily now at www.volume.zone
 
 
  • Post #183,133
  • Quote
  • Jun 25, 2009 2:55pm Jun 25, 2009 2:55pm
  •  GodfreyH
  • Joined Aug 2007 | Status: Jamaica | 1,069 Posts
Quoting bounty
Disliked
LOL ... His 1500 pips drawdown is as bad as your 50pip drawdown. It's all about the Money management my friend. Isn't trading is all about guess work and speculation? You talk as if it is your trades are 100% gurenteed. Here's an idea for you.. mortgage your house borrow few hundred thousand dollar and turn it to a billion in 10 trades. Lets see how sure about your trades while seaoned traders such as auslanco are just guessing the market.
Ignored
LOL..., if you really believe that... so depressing. The only way such a draw down would be justified is trading a monthly chart.

You don't see Big Bruv who trades weekly charts with those sort of drawdowns.
 
 
  • Post #183,134
  • Quote
  • Jun 25, 2009 3:02pm Jun 25, 2009 3:02pm
  •  GodfreyH
  • Joined Aug 2007 | Status: Jamaica | 1,069 Posts
Quoting GodfreyH
Disliked
LOL..., if you really believe that... so depressing. The only way such a draw down would be justified is trading a monthly chart.

You don't see Big Bruv who trades weekly charts with those sort of drawdowns.
Ignored
I'll go even further and say something very controversial. I highly respect Auslanco and what he has done by the creation of this thread and letting us be aware of 5-sma, gann and qqe. But I am convinced that when ANY person leaves this thread/forum to start a fee based service its the beginning of sorrows.

I don't know what it is, maybe the pressure of having to be right... I don't know , but I can tell you I know of not one success story that goes this route.
 
 
  • Post #183,135
  • Quote
  • Jun 25, 2009 3:04pm Jun 25, 2009 3:04pm
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,883 Posts
Quoting malcolmb14
Disliked
lol... I do ok not saying i am the best. I think my posts on here have been fairly accurate when day trading .I suck at swing trading For your info I have 7 years of this under my belt (forex , stock , options , etfs , futures , forex options .. the list goes on what I trade), understand the markets fairly well , and have about an 80% win / loss ratio . So seasoned ? I guess I could be called that.

are you kidding ? he is offering a paid service ... 1500 pip draw down while all charts scream up is rubbish . It is like hoping and praying....
Ignored

simple 14 wma and some murrey math lines clearly shows the trend

right now 1.6113 support ( 1.6250) .. break this it goes to1.5625 test.

1.6600 break out 1.7080 on cards . Odd how we have been in this consolidation for almost 1 month

I have a feeling there will be a one week upthrust into 1.7080

the rsx is showing MASSIVE BEARISH DIVERGENCE but not playing out yet and the weekly rsx is getitng into the 80 level ( can go higher into 90 plus)

could this be some form of top ... or just re accumualtion before break to upside ???no idea

I know the range 6250 to 6600 has produced 1300 pips this month

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Blogging daily now at www.volume.zone
 
 
  • Post #183,136
  • Quote
  • Jun 25, 2009 3:11pm Jun 25, 2009 3:11pm
  •  OGW
  • | Joined Dec 2006 | Status: Member | 208 Posts
Hi, where is that 1500 pips thing coming from? If you look well at the chart Bunty has posted, it clearly says stop loss 162.80, entry 159.50 zone. Malcom, I really appreciate your posts, charts and all, but your friend probably forgot to use the recommended stop loss to end up with such a drawdown...
 
 
  • Post #183,137
  • Quote
  • Jun 25, 2009 3:12pm Jun 25, 2009 3:12pm
  •  bounty
  • | Joined Feb 2008 | Status: Member | 29 Posts
Quoting malcolmb14
Disliked
lol..
Ignored
You may have a different trading style to him.I was once a milky bar kid sitting front of my PC all day trying to day trade the market for 30 to 50 pips while making my broker richer . There's absolutely nothing wrong with that. Now I have matured and doing more long term trading on Daily, weekly and monthly charts. I prefer it this way. Less time front of the PC and more time with my friends and family. Good luck and Happy Trading.
 
 
  • Post #183,138
  • Quote
  • Jun 25, 2009 3:17pm Jun 25, 2009 3:17pm
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,883 Posts
Quoting GodfreyH
Disliked
I'll go even further and say something very controversial. I highly respect Auslanco and what he has done by the creation of this thread and letting us be aware of 5-sma, gann and qqe. But I am convinced that when ANY person leaves this thread/forum to start a fee based service its the beginning of sorrows.

I don't know what it is, maybe the pressure of having to be right... I don't know , but I can tell you I know of not one success story that goes this route.
Ignored

I second that , what Auslano has done for traders is awesome.

But a guy has to admit when he is wrong , simple as that.
Blogging daily now at www.volume.zone
 
 
  • Post #183,139
  • Quote
  • Jun 25, 2009 3:18pm Jun 25, 2009 3:18pm
  •  bounty
  • | Joined Feb 2008 | Status: Member | 29 Posts
Quoting OGW
Disliked
Hi, where is that 1500 pips thing coming from? If you look well at the chart Bunty has posted, it clearly says stop loss 162.80, entry 159.50 zone. Malcom, I really appreciate your posts, charts and all, but your friend probably forgot to use the recommended stop loss to end up with such a drawdown...
Ignored
Malcolmb is confused about the 1500 pip drawdown claim. It's not Analysis directly from Auslanco or Auslanco's forum. He's talking about a Paid service which Auslanco is part of a panal of traders.
 
 
  • Post #183,140
  • Quote
  • Jun 25, 2009 3:23pm Jun 25, 2009 3:23pm
  •  malcolmb14
  • Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,883 Posts
Quoting bounty
Disliked
You may have a different trading style to him.I was once a milky bar kid sitting front of my PC all day trying to day trade the market for 30 to 50 pips while making my broker richer . There's absolutely nothing wrong with that. Now I have matured and doing more long term trading on Daily, weekly and monthly charts. I prefer it this way. Less time front of the PC and more time with my friends and family. Good luck and Happy Trading.
Ignored

many way to skin a cat.. that is for sure !

my typical day is 1.5 to 2 hours, 2 hours of US stock market open. Sets trend for day more often than not. Then do not have to worry about markets or htink about them if I do not want to.

some are geared for swing trading , some for day trading. I have not seen many traders good at both. It is the mind set I think.
Blogging daily now at www.volume.zone
 
 
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