anyone remeber black/red fridays
so enjoy after London open
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #190,183
- Aug 20, 2009 11:31pm Aug 20, 2009 11:31pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Nice job Mal, I always watch and pay attention to your posts/charts
ES has dropped 8 points since close in Asia .. this is uncommon these days
if this follows thru to London session carnage
GU , eu , gj charts
Blogging daily now at www.volume.zone
- #190,184
- Aug 20, 2009 11:32pm Aug 20, 2009 11:32pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #190,185
- Aug 20, 2009 11:35pm Aug 20, 2009 11:35pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
This is where it gets really Technical.....
I am not worried..
what happen to gj bro...i just woke up and saw it down ...omg
MY OPINION NOT FINANCIAL ADVISE
- #190,186
- Aug 20, 2009 11:39pm Aug 20, 2009 11:39pm
last hour of every 3rd friday of the month is options expiry
last hour of every 3rd friday of every 3rd month (Mar, Jun, Sep, Dec) is stock options expiry, index options expiry and index futures expiry - commonly called triple witching hour. very volatile times
- #190,187
- Aug 20, 2009 11:40pm Aug 20, 2009 11:40pm
- Joined Sep 2006 | Status: Collector | 9,833 Posts
Piter Possible fake out / break out...of the Daily Lower trendline to trap sellers at 152.53-56.. that is 23% fib of 118 - 163.. Buying opportunity.. Last time we reached 38%.. 147.. in a hurry..
Or 150.59..
Its the Pattern not the VSA... or anything..lol
Daily could Become a Bullish Hammer.. havingsaid that it should go lower...NY comes Surprise. should close at or above 155.50.. to be
bullish Next week.. all depends on todays Candle..dont worry about the trendline... we can make another one...
This is No doubt this is a Descending...
mate, with all respect, but it is not a question of spike but a whole market background..
- GU broke the wedge on 4h been stuck in days there
- EU on daily forming H/S
- GY on daily forming H/S possible trarget at 146/7 level
- GY daily after a breakout from 163.0 we have 6 daily bars all red with closing under 5sma on daily, 2 weekly bear bars..
- GY after that breakout from 163.00 hit the low at 153.46 (153.50) and bounced from here.. Usualy in that kind of movement we are comsolidating here few days.. and most likely we are foriming a Wedge.. NOW.. if the wedge is Ascended , then we may breakout to UP side.. in 85% the descending triangles are breaking to downside..
- from 118 to 163 we almost made the move in one line.. no retracement on wekly.. so a possible one is comming now, targets are 146/7 to 137
- Bad fundamentil news, both on UK and US
- in 2 weeks asian markets lost over 20%, which is a sign of market crash, and no any recovery whatsoever..
- today while im typing.. HSI = -295; NIKKEI -175.50
- we created the Descending triangle on 4h and with the next push (after some small retracment) we are going to break it down..
- finaly.. I mentioned one month ago.. that from 8 of August to 14 august Im expecting a trend reversal. The date was clear.. maybe you remember, some of you were laughing on my Stars constalation note.. but guess what.. Im short from 10 of August at the level 162.60.. and I will HOLD the trade.. few more pips
YES I Agree today it is possible we are seeing a down breakout and target im watcing for now is 151.80
- #190,189
- Aug 20, 2009 11:44pm Aug 20, 2009 11:44pm
- | Commercial User | Joined Oct 2008 | 5,712 Posts
u orang malaysia ke
- #190,190
- Aug 20, 2009 11:46pm Aug 20, 2009 11:46pm
mate, with all respect, but it is not a question of spike but a whole market background..
[list][*]GU broke the wedge on 4h been stuck in days there[*]EU on daily forming H/S[*]GY on daily forming H/S possible trarget at 146/7 level[*]GY daily after a breakout from 163.0 we have 6 daily bars all red with closing under 5sma on daily, 2 weekly bear bars..[*]GY after that breakout from 163.00 hit the low at 153.46 (153.50) and bounced from here.. Usualy in that kind of movement we are comsolidating here few days.. and most likely we are foriming...
- #190,191
- Aug 20, 2009 11:46pm Aug 20, 2009 11:46pm
- Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts
mate, with all respect, but it is not a question of spike but a whole market background..
[list][*]GU broke the wedge on 4h been stuck in days there[*]EU on daily forming H/S[*]GY on daily forming H/S possible trarget at 146/7 level[*]GY daily after a breakout from 163.0 we have 6 daily bars all red with closing under 5sma on daily, 2 weekly bear bars..[*]GY after that breakout from 163.00 hit the low at 153.46 (153.50) and bounced from here.. Usualy in that kind of movement we are comsolidating here few days.. and most likely we are foriming...
- #190,192
- Edited Aug 21, 2009 12:24am Aug 20, 2009 11:48pm | Edited Aug 21, 2009 12:24am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #190,193
- Aug 20, 2009 11:48pm Aug 20, 2009 11:48pm
- | Joined Oct 2008 | Status: Crocodile Trader | 1,127 Posts
mate, with all respect, but it is not a question of spike but a whole market background..
[list][*]GU broke the wedge on 4h been stuck in days there[*]EU on daily forming H/S[*]GY on daily forming H/S possible trarget at 146/7 level[*]GY daily after a breakout from 163.0 we have 6 daily bars all red with closing under 5sma on daily, 2 weekly bear bars..[*]GY after that breakout from 163.00 hit the low at 153.46 (153.50) and bounced from here.. Usualy in that kind of movement we are comsolidating here few days.. and most likely we are foriming...
Read the entire market, money is made on the main trend not the fluctuation
- #190,194
- Aug 20, 2009 11:50pm Aug 20, 2009 11:50pm
- | Joined Oct 2008 | Status: Crocodile Trader | 1,127 Posts
Read the entire market, money is made on the main trend not the fluctuation
- #190,195
- Aug 21, 2009 12:01am Aug 21, 2009 12:01am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
It's another Good friday.....i wish u green and peaceful weekend @ the end of today...
MY OPINION NOT FINANCIAL ADVISE
- #190,196
- Aug 21, 2009 12:03am Aug 21, 2009 12:03am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #190,197
- Aug 21, 2009 12:03am Aug 21, 2009 12:03am
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
thanks for the detailed explanation eulogy,can u direct me to the site that reflect the outcome,result of the options?
As a reference to the amount of volatility that can be seen - during crazy times back in Jan-Mar 09 i had seen wild swings of around 12% on the ASX pre-market minutes before the opening bell as big clients rebalance their portfolios.
- #190,199
- Aug 21, 2009 12:04am Aug 21, 2009 12:04am
mate, with all respect, but it is not a question of spike but a whole market background..
[list][*]GU broke the wedge on 4h been stuck in days there[*]EU on daily forming H/S[*]GY on daily forming H/S possible trarget at 146/7 level[*]GY daily after a breakout from 163.0 we have 6 daily bars all red with closing under 5sma on daily, 2 weekly bear bars..[*]GY after that breakout from 163.00 hit the low at 153.46 (153.50) and bounced from here.. Usualy in that kind of movement we are comsolidating here few days.. and most likely we are foriming...
- #190,200
- Aug 21, 2009 12:07am Aug 21, 2009 12:07am
- | Joined Oct 2008 | Status: Crocodile Trader | 1,127 Posts
please go back to bed .. then it might go down some more ...lol
Read the entire market, money is made on the main trend not the fluctuation