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

  • #200,221
  • Sep 27, 2009 6:02pm Sep 27, 2009 6:02pm
Quoting cohiba pips
call before the market opens mate - would have agreed during ldn hrs
the rapid markdown...seems about this time last few days in Asia we get these 200 pip moves out of no where .. then small retraces thru london then the real sho starting 5 am pst

also that 2000 pip down move came one time during asia on a Sunday out of nowehere ....

the thing is the rapid move down in GU did not surprise me one bit. down side target 1.5800 min

gj liekly 140...

two guys can vouch for the sell on gu this as we were running over trades on skype earlier today and i shoeed them both the vsa set up for the break down .I did expect it in London though also ...

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  • #200,222
  • Sep 27, 2009 6:07pm Sep 27, 2009 6:07pm
Quoting mktjong
139 is almost an easy target for today ..
no sign buyers yet ...140 should have been some but nothing so far

gu coming into 1.5800 support
Blogging daily now at www.volume.zone
  • #200,223
  • Sep 27, 2009 6:08pm Sep 27, 2009 6:08pm
GJ 1st Traget 140.00 reached from 153 = 1/3 postions off
Do not follow my trades. Trade what you see on your own charts.
  • #200,224
  • Sep 27, 2009 6:10pm Sep 27, 2009 6:10pm
Opened the meta trader now....
DAMN THIS IS INSANE!
"Hate the sin, love the sinner." - Gandhi
  • #200,225
  • Sep 27, 2009 6:10pm Sep 27, 2009 6:10pm
Quoting mktjong
139 is almost an easy target for today ..
Yeah i set a marker at 139 as well but that was way back. Can't remember now why i did that though.
  • #200,226
  • Sep 27, 2009 6:13pm Sep 27, 2009 6:13pm
Quoting igmak
GJ 1st Traget 140.00 reached from 153 = 1/3 postions off
Well, 140 looks like the target. IMO, 140 is another phychological level and it is 50% fib from last monthly run up from 118-163

Reload more shorts above 145 -148. Next target is all time low 118
Do not follow my trades. Trade what you see on your own charts.
  • #200,227
  • Sep 27, 2009 6:13pm Sep 27, 2009 6:13pm
scary market

newbies

trend is your friend and manage risk

It is very tempting in this kind of market to take risk up as it seems easy to make money going short .

But in fact with the crazy volatility that we are getting the risk should be taken down per trade

seem buyers off 140 with ultra high volume bar thru here next stop 137.35

then 130

at this rate we may just see those lows 120.... this is insane

I took 270 gj (closed 140.30)and 130 gu ... in asia before it even got started. This is a very crazy market ....keep the risk real and adhere to those stops , specially if counter trend trading on gj
Blogging daily now at www.volume.zone
  • #200,228
  • Sep 27, 2009 6:15pm Sep 27, 2009 6:15pm
holy christ!! whats going on!?!?! gj already down 308 pips, asia not even open and its already tried 140
  • #200,229
  • Sep 27, 2009 6:16pm Sep 27, 2009 6:16pm
Quoting ewokuk
holy christ!! whats going on!?!?! gj already down 308 pips, asia not even open and its already tried 140
120 today ? lol

there was a 2000 pip move once.....
Blogging daily now at www.volume.zone
  • #200,230
  • Sep 27, 2009 6:17pm Sep 27, 2009 6:17pm
Quoting ewokuk
holy christ!! whats going on!?!?! gj already down 308 pips, asia not even open and its already tried 140

GJ (Beast) is alive
Do not follow my trades. Trade what you see on your own charts.
  • #200,231
  • Sep 27, 2009 6:17pm Sep 27, 2009 6:17pm
Quoting igmak
Well, 140 looks like the target. IMO, 140 is another phychological level and it is 50% fib from last monthly run up from 118-163

Reload more shorts above 145 -148. Next target is all time low 118
What? You still think it is gonna 145-148 again .. no chance until next year or so .. I think
  • #200,232
  • Sep 27, 2009 6:18pm Sep 27, 2009 6:18pm
Quoting malcolmb14
120 today ? lol

there was a 2000 pip move once.....
haha when was this 2k pip move?
  • #200,233
  • Sep 27, 2009 6:20pm Sep 27, 2009 6:20pm
Quoting sinned
haha when was this 2k pip move?
that is not a weekly chart

reopn new short 140.50 no demand 3 min....

those were the good old day where account could be trebled in a day just trading the drops and reversals with 2.5 % risk per trade

newbies THIS IS WHY THE BEAST IS CALLED THE BEAST ... KNOW THAT YOU ARE PLAYING WITH FIRE

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  • #200,234
  • Sep 27, 2009 6:21pm Sep 27, 2009 6:21pm
Quoting malcolmb14
120 today ? lol

there was a 2000 pip move once.....
yeah, that was the lehmans, merrill, AIG Oliver Twist moment....

Please sir, can i have some more.............
  • #200,235
  • Sep 27, 2009 6:22pm Sep 27, 2009 6:22pm
I have small gap on daily GJ @ 142-143

Does anyone have the gap on their charts?
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Do not follow my trades. Trade what you see on your own charts.
  • #200,236
  • Sep 27, 2009 6:24pm Sep 27, 2009 6:24pm
Quoting malcolmb14
that is not a weekly chart

reopn new short 140.50 no demand 3 min....

those were the good old day where account could be trebled in a day just trading the drops and reversals with 2.5 % risk per trade

newbies THIS IS WHY THE BEAST IS CALLED THE BEAST ... KNOW THAT YOU ARE PLAYING WITH FIRE

Attachment
Well, today could be another day of 1000 pips move
  • #200,237
  • Sep 27, 2009 6:24pm Sep 27, 2009 6:24pm
Quoting igmak
I have small gap on daily GJ @ 142-143

Does anyone have the gap on their charts?
no on fxcm charts and esignal feed
Blogging daily now at www.volume.zone
  • #200,238
  • Sep 27, 2009 6:25pm Sep 27, 2009 6:25pm
Quoting mktjong
Well, today could be another day of 1000 pips move
i just said to someone else 315 pips before asia even opens, might be 1000 pips today lol
  • #200,239
  • Sep 27, 2009 6:25pm Sep 27, 2009 6:25pm
look at ej playing catch up. safer bets for newbies like me.
  • #200,240
  • Sep 27, 2009 6:25pm Sep 27, 2009 6:25pm
Quoting malcolmb14
no on fxcm charts and esignal feed
Thanks
Do not follow my trades. Trade what you see on your own charts.
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