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

  • #200,941
  • Oct 1, 2009 3:31am Oct 1, 2009 3:31am
Quoting A-speculator
try mbtrading.com
I seeeee. do those spreads stay like that in times of news releases...? like NFP...?

  • #200,942
  • Oct 1, 2009 3:36am Oct 1, 2009 3:36am
Well it depends on what your style of trading? Everyday have it different price action..The market is consolidating for the NFP friday and slowly trending upward on the 4hr chart..When I said selling rallies, I mean on the higher TF..I swing trade,intraday trade.

I'm sorry for confusing you.. Overall GJ is bearish!!




Quoting I like steak
wow Rob.....sooo much for selling rallies huh? At least I made moola yesterday on that drop in US session....

Are we consolidating yet again here before another step lower?
And do I dare pull up a chart of EURGBP...

I think....if one have the "appetite" then you pull out the bollinger bands and dribble geppy till tomorrow NFP....

By the way, anyone who can recommend a broker with low "good executable" spread on geppy, like a 6 maybe (apart from GFT)?
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  • #200,943
  • Edited 4:17am Oct 1, 2009 3:39am | Edited 4:17am
sorry for wasted your coffee bro, and shirt or may be pants too D)))) or that was direct-coffee-fall-through-lol...

i mean link to official site to check it, but not link to get it as google-gift-free .


Quoting direct-trade


Sitting here, reading through the posts from yesterday and....thanks...coffee all down my shirt now lol.
No crystal ball. I read the cards.
  • #200,944
  • Oct 1, 2009 3:41am Oct 1, 2009 3:41am
Don't try to understand it.Look at the higher TF and it is all bearish.

Market is taking advantage of China holiday.. Mark up special..

I am still selling rallies based on higher TF

Scalping in the mean time to collect the short rallies





Quoting donfriday
i need good illustration to understand this GJ bitch...it look very scary to me to think of short..Help is needed
Attached Image
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  • #200,945
  • Oct 1, 2009 3:45am Oct 1, 2009 3:45am
Does this ranging got to do with china holiday?
Read the entire market, money is made on the main trend not the fluctuation
  • #200,946
  • Oct 1, 2009 3:47am Oct 1, 2009 3:47am
Quoting I like steak
wow Rob.....sooo much for selling rallies huh? At least I made moola yesterday on that drop in US session....

Are we consolidating yet again here before another step lower?
And do I dare pull up a chart of EURGBP...

I think....if one have the "appetite" then you pull out the bollinger bands and dribble geppy till tomorrow NFP....

By the way, anyone who can recommend a broker with low "good executable" spread on geppy, like a 6 maybe (apart from GFT)?
ODL has a spread of 5 pips most of the time during liquid hords. during times of less liquidity, they spreads widen to 6-8 pips but even then mostly stay at 6 pips.

Hi Rgitt, How you doing?
  • #200,947
  • Oct 1, 2009 3:50am Oct 1, 2009 3:50am
Quoting I like steak
I seeeee. do those spreads stay like that in times of news releases...? like NFP...?

well, spread happens because of supply and demand for both direction. If you trade during NFP, the spread will normally expand based on large pending orders from buyers and sellers. Anyway, I've been using their MBTNavigator for quite some time and don't have any problem. Execution is very fast. I can say a pretty reliable broker. There's another one, and it came out first in barron's but I haven't try it. try go to thinkorswim.com
  • #200,948
  • Oct 1, 2009 3:54am Oct 1, 2009 3:54am
Bored as hell with this Price action..The market is waiting on Stupid Ben and the unemployment claims..Overall, I got some rest for today crazy day

I know Ben will be to the people again today about the economy.

Record unemployment, sales down, housing is down, but the economy is good according to the Feds..

Full of





Quoting iksh
ODL has a spread of 5 pips most of the time during liquid hords. during times of less liquidity, they spreads widen to 6-8 pips but even then mostly stay at 6 pips.

Hi Riggt, How you doing?
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  • #200,949
  • Oct 1, 2009 4:05am Oct 1, 2009 4:05am
Quoting iksh
ODL has a spread of 5 pips most of the time during liquid hords. during times of less liquidity, they spreads widen to 6-8 pips but even then mostly stay at 6 pips.

Hi Rgitt, How you doing?
Thanks, will check it out.
  • #200,950
  • Oct 1, 2009 4:09am Oct 1, 2009 4:09am
Quoting intery
sorry for wasted your coffee bro, and shirt or may be paints too D)))) or that was direct-coffee-fall-through-lol...

i mean link to official site to check it, but not link to get it as google-gift-free .

lol, no probs. Try Bloomberg Tradebook FX:

http://www.bloombergtradebook.com/index_alt.htm
  • #200,951
  • Oct 1, 2009 4:13am Oct 1, 2009 4:13am
Quoting direct-trade
Chart from yesterday and today:
Hi direct-trade,
Please where can I get this line indicator with blue and yellow colours of yours. Or can you share it please.
Thanks,
markpips.
  • #200,952
  • Oct 1, 2009 4:18am Oct 1, 2009 4:18am
Quoting direct-trade
Chart from yesterday and today:
Hi direct-trade,
Please where can I get this line indicator with blue and yellow colours of yours. Or can you share it please.
Thanks,
markpips.
  • #200,953
  • Oct 1, 2009 4:18am Oct 1, 2009 4:18am
Quoting markpips
Hi direct-trade,
Please where can I get this line indicator with blue and yellow colours of yours. Or can you share it please.
Thanks,
markpips.

It's not an indicator,I don't use them.... just lines drawn on the chart.
  • #200,954
  • Oct 1, 2009 4:19am Oct 1, 2009 4:19am
HAPPY INDEPENDENCE DAY TO NIGERIA VS CHINA....
MY OPINION NOT FINANCIAL ADVISE
  • #200,955
  • Oct 1, 2009 4:36am Oct 1, 2009 4:36am
Quoting direct-trade
It's not an indicator,I don't use them.... just lines drawn on the chart.
Your charts have nice graphics. What drawing program do you use?
  • #200,956
  • Oct 1, 2009 4:44am Oct 1, 2009 4:44am
Quoting direct-trade
Chart from yesterday and today:
GJ hit your yellow line level. Are you going to short it?
Btw I placed one
  • #200,957
  • Oct 1, 2009 4:58am Oct 1, 2009 4:58am
Quoting direct-trade
It's not an indicator,I don't use them.... just lines drawn on the chart.
Thanks for quick responce then direct-trade.
Please, is there anyone who know where I can get a trendline indicator? Or has one to share?
Pls. do. I have problems drawing the trendlne manualy.
Thanks,
markpips.
  • #200,958
  • Oct 1, 2009 5:15am Oct 1, 2009 5:15am
Quoting markpips
Thanks for quick responce then direct-trade.
Please, is there anyone who know where I can get a trendline indicator? Or has one to share?
Pls. do. I have problems drawing the trendlne manualy.
Thanks,
markpips.
Google "Ind-TD-DeMark-3-1_eng"
  • #200,959
  • Oct 1, 2009 5:17am Oct 1, 2009 5:17am
Quoting maryinvest
GJ hit your yellow line level. Are you going to short it?
Btw I placed one

Shorted 2 days ago at 14375...still waiting lol.
  • #200,960
  • Oct 1, 2009 5:20am Oct 1, 2009 5:20am
Quoting Fudomyo
Your charts have nice graphics. What drawing program do you use?
Just MS Paint, nice and simple.
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