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

  • #187,281
  • Aug 4, 2009 11:34am Aug 4, 2009 11:34am
Quoting Monk
no kidding....malcombs posts paid for my wedding!!!!!!!!!
wot .. and I did not get an invite to party with you !!!

congrats btw
Blogging daily now at www.volume.zone
  • #187,282
  • Aug 4, 2009 11:38am Aug 4, 2009 11:38am
Quoting malcolmb14
wot .. and I did not get an invite to party with you !!!

congrats btw
I was in your trade service last year. When you doing another one. your calls rock your teaching is solid etc etc.....
Price does what price wants , I just need to be prepared.
  • #187,283
  • Aug 4, 2009 11:41am Aug 4, 2009 11:41am
Quoting PJkiller
I was in your trade service last year. When you doing another one. your calls rock your teaching is solid etc etc.....
never do that again ... learnt it is better to focus on ones own account than to do trading services / rooms or even manage accounts
Blogging daily now at www.volume.zone
  • #187,284
  • Aug 4, 2009 11:44am Aug 4, 2009 11:44am
Quoting malcolmb14
wot .. and I did not get an invite to party with you !!!

congrats btw
yeah......i'm still trading 10K-20K at a time...so was a "small wedding"

But the first boy will be joseph malcomb berger
--post hoc ergo propter hoc--
  • #187,285
  • Aug 4, 2009 11:45am Aug 4, 2009 11:45am
161,.35 is poc yesterday small sell off this level ... will post chart why in min

not best time to be day traidng as ES could do anything at this point ... keeping stop tight.
Blogging daily now at www.volume.zone
  • #187,286
  • Aug 4, 2009 11:49am Aug 4, 2009 11:49am
Quoting bluemax
Dont they say the market climbs a "wall of worry". Funny how they are all talking about OB markets in need of a correction and yet they continue.......until whatever triggers it happens. NFP is a definite possibility. I would think we'd see a high volume day as well when the reversal comes too. Tough to do during the summer months.....but anything is possible. Especially now considering the current PA
whatchutalking bout--haven't you heard the recession is over--am going
to go get my $4500 cash-clunkers baby!!! ==right after lunch--
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  • #187,287
  • Aug 4, 2009 11:56am Aug 4, 2009 11:56am
Quoting PJkiller
And yes he is one of the best traders on FF. There are others as well, but I hold alot of respect to Malc comments and even being a seasoned trader that trades for a living I still learn from him everyday. I will always remain teachable. Here is my chart looking down from here pretty normal daily gj breacks support trend line and always comes back for a test sometimes 2 or 3 but I am short. Simple trading method has been working for a long time.

I'm with you mate! I'm trading the same line but on H4 and that single line made me about 700+ pips for past couple of days! (bounces or breaks)
Just my 2 cents
Keep it up guys

m.
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  • #187,288
  • Aug 4, 2009 11:58am Aug 4, 2009 11:58am
Quoting malcolmb14
161,.35 is poc yesterday small sell off this level ... will post chart why in min

not best time to be day traidng as ES could do anything at this point ... keeping stop tight.
Attached Image (click to enlarge)
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Blogging daily now at www.volume.zone
  • #187,289
  • Aug 4, 2009 12:10pm Aug 4, 2009 12:10pm
Quoting malcolmb14
Attachment
Hope you are fine

Do you think that we can expect some lower levels this Asia seson....?

Maybe 159.xxx
Work smart not hard
  • #187,290
  • Aug 4, 2009 12:57pm Aug 4, 2009 12:57pm
Quoting sony
Hope you are fine

Do you think that we can expect some lower levels this Asia seson....?

Maybe 159.xxx
no idea .. conflicting info on different time frames

5 min has up channel , 161 bottom . Lets just see how asia plays out.

Nikkie closed at low of day yesterday , IF we get gap then the gap may fill .... taking gj down some, the key word is IF
Blogging daily now at www.volume.zone
  • #187,291
  • Aug 4, 2009 1:21pm Aug 4, 2009 1:21pm
http://www.marketwatch.com/story/kra...ted-2009-08-04

lets see .. you are broke ... living off $40 per week , what are you going to eat ? Nice wholesome foods from a whole foods store at $10 per meal or kraft dinner at $1 a meal ?
Blogging daily now at www.volume.zone
  • #187,292
  • Aug 4, 2009 1:24pm Aug 4, 2009 1:24pm
Quoting malcolmb14
http://www.marketwatch.com/story/kra...ted-2009-08-04

lets see .. you are broke ... living off $40 per week , what are you going to eat ? Nice wholesome foods from a whole foods store at $10 per meal or kraft dinner at $1 a meal ?
eat nice wholesome food but only 4 meals a week so you also wont need the gym
  • #187,293
  • Aug 4, 2009 1:26pm Aug 4, 2009 1:26pm
You can wait on the other side of that wall--
that 30min value area has proven to be nasty--being
scalping all day=or you could use the 80% rule on the
30 min chart(they are out now////if it can't get pass that wall--then, look for
distributiion signs---and the fall won't be pretty...
161.736--161.436--S/R zone...
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  • #187,294
  • Aug 4, 2009 1:32pm Aug 4, 2009 1:32pm
Quoting malcolmb14
http://www.marketwatch.com/story/kra...ted-2009-08-04

lets see .. you are broke ... living off $40 per week , what are you going to eat ? Nice wholesome foods from a whole foods store at $10 per meal or kraft dinner at $1 a meal ?
My choice..
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  • #187,295
  • Aug 4, 2009 1:38pm Aug 4, 2009 1:38pm
Quoting taomql4
My choice..
she or he ? was an ex gj trader .. till they blew their account lol
Blogging daily now at www.volume.zone
  • #187,296
  • Aug 4, 2009 1:40pm Aug 4, 2009 1:40pm
okay--here we go--2 nd attempt-less pressure
you can wish them luck---lol--but it looks like they
could succeed this time---
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  • #187,297
  • Aug 4, 2009 1:42pm Aug 4, 2009 1:42pm
Quoting malcolmb14
she or he ? was an ex gj trader .. till they blew their account lol
i swear gj almost put me in that situation today--
From now on--i get in--then watch..lol
  • #187,298
  • Aug 4, 2009 1:51pm Aug 4, 2009 1:51pm
Quoting taomql4
okay--here we go--2 nd attempt-less pressure
you can wish them luck---lol--but it looks like they
could succeed this time---
right time for mark up ... I have often found gj moves next 2 - 3 hours are reversed as soon as Tokyo opens
Blogging daily now at www.volume.zone
  • #187,299
  • Aug 4, 2009 2:06pm Aug 4, 2009 2:06pm
yeah would like to buy somewhere close to 160 but thats over a 100 pip drop. this is where i get scared of missing the boat and jump in too early in case it never makes it down there, only to watch it go to exactly where i wanted to enter in the first place!

maybe ill just set an alarm at 160.20 and go to bed
  • #187,300
  • Aug 4, 2009 2:17pm Aug 4, 2009 2:17pm
ES ripping up post market, has all the hallmarks of a mark up, while GY staying steady.

People getting ready to short this sucker.
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