i think the gbp/jpy going down
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #205,342
- Oct 22, 2009 9:54am Oct 22, 2009 9:54am
- | Joined Sep 2009 | Status: Freshman Fledgling Neophyte | 1,663 Posts
- #205,343
- Oct 22, 2009 9:59am Oct 22, 2009 9:59am
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
I think GU and GY look kinda tired now after several hundred pips of rally .. hmm 
- #205,344
- Oct 22, 2009 10:00am Oct 22, 2009 10:00am
- Joined May 2009 | Status: Trader | 4,895 Posts
i had already made 100pips downside on gcad.. what a boring movement on gj..
- #205,346
- Oct 22, 2009 10:05am Oct 22, 2009 10:05am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
i had already made 100pips downside on gcad.. what a boring movement on gj..
Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #205,348
- Oct 22, 2009 10:12am Oct 22, 2009 10:12am
- Joined May 2009 | Status: Trader | 4,895 Posts
As of this writing, I also shorted GU @ 1.6575 and EU @ 1.5000 (picking tops
)I have no bias on the upside atm..
- #205,349
- Oct 22, 2009 10:14am Oct 22, 2009 10:14am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
sometimes GJ is a bit boring don't you think.. this is my experience with gcad.. it move very dangerously, more dangerous than gj.. very2 fast.. one time you see +50 pips, in a blink of an eye you can see -10pip.. so have xtra care..
As of this writing, I also shorted GU @ 1.6575 and EU @ 1.5000 (picking tops
I have no bias on the upside atm..
, I like cable short, fiber not as much! 
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #205,351
- Oct 22, 2009 12:01pm Oct 22, 2009 12:01pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
I would only be buying dips on both these .. mother of all diovergences , yet dips are being bought
I think that 150 may well be strong support for a while to come with upper target of 155 next week
ES was just bought on the 20 point dip of yesterday ...what a game.....
I think that 150 may well be strong support for a while to come with upper target of 155 next week
ES was just bought on the 20 point dip of yesterday ...what a game.....
Blogging daily now at www.volume.zone
- #205,353
- Oct 22, 2009 12:30pm Oct 22, 2009 12:30pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
I would only be buying dips on both these .. mother of all diovergences , yet dips are being bought
I think that 150 may well be strong support for a while to come with upper target of 155 next week
ES was just bought on the 20 point dip of yesterday ...what a game.....
Attachment
- #205,354
- Oct 22, 2009 12:36pm Oct 22, 2009 12:36pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Great analysis Malc
this 30 min shows clearly the buyerso n the dip to 150.50
I think this level will be defended if tested.
I do not thing that the bulls have had enough yet
Blogging daily now at www.volume.zone
- #205,355
- Oct 22, 2009 12:38pm Oct 22, 2009 12:38pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
GU is kinda run out of steam now .. volume is low .. am I right?
that is the odd thing ... there is no volume .
Typically price will drop when this happen but every little dip is being bought ....
for me i am looking to buy dips only in GJ for now.... seems an easier way to make $$$$
Blogging daily now at www.volume.zone
this 30 min shows clearly the buyerso n the dip to 150.50
I think this level will be defended if tested.
I do not thing that the bulls have had enough yet
Attachment
Mal, do you trust the volume from Broco? I tend to use IBfx 4 digit server for volume and stay clear of their 5 digit server volume. I tend to focus on GU so it's great when you are able to post some GU analysis (you know for perspective)...
- #205,357
- Oct 22, 2009 12:50pm Oct 22, 2009 12:50pm
the 5th wave have also 5 smaller waves.. and now we are in the 4th small wave.. so, let's see..
wave 5.1 : 147.07 to 149.36 ( 229 pips )
wave 5.2 : 149.36 to 148.11 ( 125 pips which means 55% * w5.1, and that's between 50% and 62% * w5.1... )
wave 5.3 : 148.11 to 151.51 ( 346 pips which means 1.51 * w5.1 )
wave 5.4 :...
i'm long from 150.68 tp 153.43 in extension to 155.11 and even in ultra-extension to 157.86
LOL
- #205,358
- Oct 22, 2009 12:51pm Oct 22, 2009 12:51pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
that is the odd thing ... there is no volume .
Typically price will drop when this happen but every little dip is being bought ....
for me i am looking to buy dips only in GJ for now.... seems an easier way to make $$$$
- #205,360
- Oct 22, 2009 1:18pm Oct 22, 2009 1:18pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
with the rapid mark down in ES yesterday Drgeppy and I thought something was up and watched as they accumulated thru globex ...
here is the result of longs off 1073
there is always something to trade
here is the result of longs off 1073
there is always something to trade
Blogging daily now at www.volume.zone