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

  • #194,561
  • Sep 4, 2009 8:35am Sep 4, 2009 8:35am
sorry previews chart there was a small mistake in counting but after the news spike all waves are clear now

i believe we will go down little bit only to form WAVE 2 which is a correction WAVE following ABC style and it might be hard to notice with news

but i dont think it will go to 149 again

i belive the circle i draw is the minimum it can go as a retest for DT channel

but even if it go to downit will be acceptable in EW unless the low 149.01 is taken out only by 1pip

so any way are you ready guys for WAVE 3 ?

it will blow lots of bears account and we will close above daily gann soon

good luck
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  • #194,562
  • Sep 4, 2009 8:36am Sep 4, 2009 8:36am
Quoting piters
4h, north entry you need to pass double gates..
1. -> 152.74
2. -> 153.50

4h south, only dpp gate -> 150.80

market doesnt look tooo excited on last nfp numbers///

let's play.. 147 is next

p
what do u think is the overall direction of market now base on nfp realease
  • #194,563
  • Sep 4, 2009 8:36am Sep 4, 2009 8:36am
Quoting Dr.Geppynius
nope.

bro long time....how is life?
MY OPINION NOT FINANCIAL ADVISE
  • #194,564
  • Sep 4, 2009 8:36am Sep 4, 2009 8:36am
Quoting Piters
4h, north entry you need to pass double gates..
1. -> 152.74
2. -> 153.50

4h South, only DPP gate -> 150.80

Market doesnt look tooo excited on last NFP numbers///

let's play.. 147 is next

p
H1 and H4 both pointing down
  • #194,565
  • Sep 4, 2009 8:38am Sep 4, 2009 8:38am
Quoting malcolmb14
I asked him for address on PM so i can send $10 ....


next week new lows.... 147 for now

Attachment
Surely he'd rather you donated it to a charity of his choice...?
  • #194,566
  • Sep 4, 2009 8:39am Sep 4, 2009 8:39am
Quoting Piters
4h, north entry you need to pass double gates..
1. -> 152.74
2. -> 153.50

4h South, only DPP gate -> 150.80

Market doesnt look tooo excited on last NFP numbers///

let's play.. 147 is next

p

151.20 point of control last 20 session ... below that bear have the ball

under dpp 150.80 bulls dead in water
Blogging daily now at www.volume.zone
  • #194,567
  • Sep 4, 2009 8:41am Sep 4, 2009 8:41am
Quoting ukdaytrader
Surely he'd rather you donated it to a charity of his choice...?

now there is a nice idea ...

sure Pirate ..lol ... what is your charity of choice ?
Blogging daily now at www.volume.zone
  • #194,568
  • Sep 4, 2009 8:44am Sep 4, 2009 8:44am
Quoting malcolmb14
now there is a nice idea ...

sure Pirate ..lol ... what is your charity of choice ?
how 'bout...

DOUBLE OR NOTHING ???

  • #194,569
  • Sep 4, 2009 8:48am Sep 4, 2009 8:48am
Quoting Piters
how 'bout...

DOUBLE OR NOTHING ???


or martingale it till end of year per week hahaa
or what about writing short dated 1 touch call/puts with targets
"Millionaires don't use astrology, billionaires do"
  • #194,570
  • Sep 4, 2009 8:52am Sep 4, 2009 8:52am
Quoting msniper
sorry previews chart there was a small mistake in counting but after the news spike all waves are clear now

i believe we will go down little bit only to form WAVE 2 which is a correction WAVE following ABC style and it might be hard to notice with news

but i dont think it will go to 149 again

i belive the circle i draw is the minimum it can go as a retest for DT channel

but even if it go to downit will be acceptable in EW unless the low 149.01 is taken out only by 1pip

so any way are you ready guys for WAVE 3 ?

it will blow lots of...
The above explanation is not clear.please expanciate by answering the follwing question: 1.what is the direction of market now base on the news release?2.where is the entry point? 3.take profit target?
  • #194,571
  • Sep 4, 2009 8:52am Sep 4, 2009 8:52am
LOL

Gold and Oil both got hit with NFP and the DX has hardly moved.
  • #194,572
  • Sep 4, 2009 8:53am Sep 4, 2009 8:53am
Quoting malcolmb14
now there is a nice idea ...

sure Pirate ..lol ... what is your charity of choice ?


if he won pay him i want to drink coffee ..
MY OPINION NOT FINANCIAL ADVISE
  • #194,573
  • Sep 4, 2009 8:53am Sep 4, 2009 8:53am
Quoting malcolmb14
151.20 point of control last 20 session ... below that bear have the ball

under dpp 150.80 bulls dead in water
posted earlier.. as answer to your canadian trading style

http://www.forexfactory.com/showpost...stcount=194447

  • #194,574
  • Sep 4, 2009 8:56am Sep 4, 2009 8:56am
Quoting PandoraBox
There are few method how to trade NFP new.

First Method :

Put Sell limit and buy limit 5 minutes before NFP news. Take profit only 20 pips. Used Big lot.
  • #194,575
  • Sep 4, 2009 8:59am Sep 4, 2009 8:59am
Quoting msniper
sorry previews chart there was a small mistake in counting but after the news spike all waves are clear now

i believe we will go down little bit only to form WAVE 2 which is a correction WAVE following ABC style and it might be hard to notice with news

but i dont think it will go to 149 again

i belive the circle i draw is the minimum it can go as a retest for DT channel

but even if it go to downit will be acceptable in EW unless the low 149.01 is taken out only by 1pip

so any way are you ready guys for WAVE 3 ?

it will blow lots of...

look at dj ....

then think long weekend .... most of that evening star formed Wednesday

then think if I want to short gj do i want to short 151.50 or 145 on Tuesday when I cnme back form vacation

Forget wave counts or even indicators ... the above is simple market mechanics ... mark up under low volume to sell when volume comes back in
I bet junior traders have been told to keep markets up over weekend while senior traders off in the Hamptons ..lol

also volumes are on diet on this up move ....

seems fairly easy to me....

151.80 is band of sellers
Blogging daily now at www.volume.zone
  • #194,576
  • Sep 4, 2009 9:00am Sep 4, 2009 9:00am
Quoting malcolmb14
now there is a nice idea ...

sure Pirate ..lol ... what is your charity of choice ?
Avast there ye landlubbers - whose taking my name in vain??......there be only one Pirate in FF - and for the last 4 years that's been ME..........just popped in to plunder a few pips afore ye olde weekendy at sea.....nice of them to spike cable up to my limit sell at the 6375 level.....TP just above the 6300 level - must leave a few pips for others.....

mmm.....I see some old faces have joined Malcolmb and gang today.....Dr Geppy, Piters, OW....

Pips banked, so its time to set sail and breakout a bottle of Mount Gay....happy pipping and a good weekend to all.....
Trading Levels with WRBs
  • #194,577
  • Sep 4, 2009 9:03am Sep 4, 2009 9:03am
Quoting Piters
posted earlier.. as answer to your canadian trading style

http://www.forexfactory.com/showpost...stcount=194447


rofl
Blogging daily now at www.volume.zone
  • #194,578
  • Sep 4, 2009 9:04am Sep 4, 2009 9:04am
Quoting Islander
Avast there ye landlubbers - whose taking my name in vain??......there be only one Pirate in FF - and for the last 4 years that's been ME..........just popped in to plunder a few pips afore ye olde weekendy at sea.....nice of them to spike cable up to my limit sell at the 6375 level.....TP just above the 6300 level - must leave a few pips for others.....

mmm.....I see some old faces have joined Malcolmb and gang today.....Dr Geppy, Piters, OW....

Pips banked, so its time to set sail and breakout a bottle of Mount Gay....happy pipping and...
hey when do i get invite down to sail with you ? lol ....
Blogging daily now at www.volume.zone
  • #194,579
  • Sep 4, 2009 9:05am Sep 4, 2009 9:05am
have good weekend all

next week should be interesting after labour day weekend rumoured to have market drop

weekly evening stars on indexes support this
Blogging daily now at www.volume.zone
  • #194,580
  • Sep 4, 2009 9:05am Sep 4, 2009 9:05am
Quoting PandoraBox
There are few method how to trade NFP new.

First Method :

Put Sell limit and buy limit 5 minutes before NFP news. Take profit only 20 pips. Used Big lot.
Yeah, u also need to know where those two limits price are. Otherwise could be double loss too
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