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

  • #205,581
  • Oct 23, 2009 9:09am Oct 23, 2009 9:09am
Quoting malcolmb14
???? lol 1501.0 long again ...

es had tons of buyers on down move .. dead giveway on long

I think I am done for morning , not a 300 pip down move but enough volatility to make my bag of rice for the day


This last candle on 15m doesn't look good to going long!

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"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #205,582
  • Oct 23, 2009 9:09am Oct 23, 2009 9:09am
crazy move right to lower value area yesterday

sellers hit ES on up move looks like it will head to 1080 taking gj down to 149.50

I am done for morning .... on last up move took few pips and now market has gone a little to insane for me


have a great weekend everyone...

THE BEAST IS ALIVE ... THOUGHT SHE DIED DURING us MARKET YESTERDAY

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Blogging daily now at www.volume.zone
  • #205,583
  • Oct 23, 2009 9:11am Oct 23, 2009 9:11am
Quoting malcolmb14
crazy move right to lower value area yesterday

sellers hit ES on up move looks like it will head to 1080 taking gj down to 149.50

I am done for morning .... on last up move took few pips and now market has gone a little to insane for me


have a great weekend everyone...

THE BEAST IS ALIVE ... THOUGHT SHE DIED DURING us MARKET YESTERDAY

Attachment
gj went flying up overnight, are you off to do your streaking now?
  • #205,584
  • Oct 23, 2009 9:11am Oct 23, 2009 9:11am
Quoting JhonMonsalve


This last candle on 15m doesn't look good to going long!

Attachment
do not forget I am a day trader...

up moves i will take only 35 pip if price under lower value area of yesterday

in fact today is sell rallies as long as price stays under 150.66
Blogging daily now at www.volume.zone
  • #205,585
  • Oct 23, 2009 9:19am Oct 23, 2009 9:19am
Quoting ewokuk
i took a short, at 150.30, looked like craploads of sellers on the up move and when the spike was at its peak the volume was low so wasnt convinced there was great deal of buying in the spike. hoping for break 150 now. looks like it found a few buy orders on 150 though
would have waited at 151.50 area at least, but thats just me.
  • #205,586
  • Oct 23, 2009 9:19am Oct 23, 2009 9:19am
Quoting malcolmb14
do not forget I am a day trader...

up moves i will take only 35 pip if price under lower value area of yesterday

in fact today is sell rallies as long as price stays under 150.66
I know Malc! What are your thoughts about $ index today?

Take a look to this: Inverted hammer [Yesterday] plus confirmation candle today. $ bulls are back?

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"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #205,587
  • Oct 23, 2009 9:28am Oct 23, 2009 9:28am
Quoting pkimnyc
hi piter,
no communication for me today
except ff, but very limited.
what r your thoughts?
Yo mate, Im going to ring my Uncle - to fix your communication.. AS for today.. we are at daily 5sma.. Depends of market panic (profit take) factor today, but next support is at 148.0-148.50.. If 150.00 holds. then we may range all rest of the day from here to 150.90

[Chart]
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  • #205,588
  • Oct 23, 2009 9:34am Oct 23, 2009 9:34am
What a different a day makes. Yesterday, both gu and gy were bought on every dip .. unbelievable and witness how crook is the big sharks. Drive to the hill just to plunge it
  • #205,589
  • Oct 23, 2009 9:36am Oct 23, 2009 9:36am
could you kindly explain how to trade this crazy GU down move?
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  • #205,590
  • Oct 23, 2009 9:42am Oct 23, 2009 9:42am
Quoting Piters
Yo mate, Im going to ring my Uncle - to fix your communication.. AS for today.. we are at daily 5sma.. Depends of market panic (profit take) factor today, but next support is at 148.0-148.50.. If 150.00 holds. then we may range all rest of the day from here to 150.90

[Chart]
thanks for your chart bro.
please tell your uncle to hurry.
  • #205,591
  • Oct 23, 2009 10:03am Oct 23, 2009 10:03am
Quoting Piters
Yo mate, Im going to ring my Uncle - to fix your communication.. AS for today.. we are at daily 5sma.. Depends of market panic (profit take) factor today, but next support is at 148.0-148.50.. If 150.00 holds. then we may range all rest of the day from here to 150.90

[Chart]
2 bias on 15tf bro..we need new low to continue downtrend if price get above green point 3 we could see 151.55 but a new low of that double bottom continue the downtrend..
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MY OPINION NOT FINANCIAL ADVISE
  • #205,592
  • Oct 23, 2009 10:03am Oct 23, 2009 10:03am
Quoting hwsv07
could you kindly explain how to trade this crazy gu down move?

buy

sell..(press this one)

lol
Blogging daily now at www.volume.zone
  • #205,593
  • Oct 23, 2009 10:04am Oct 23, 2009 10:04am
Quoting hwsv07
could you kindly explain how to trade this crazy GU down move?
you don't need to VSA explanation for that one. Thats a classic newstrade that i was warning everybody about way before the actual event. Everyone thought GB outta recession, completely crowded the market given the move from 1.57 all the way to 1.668 so when the bad GDP event came out they all rushed to the exit at the same time.
  • #205,594
  • Oct 23, 2009 10:07am Oct 23, 2009 10:07am
Quoting malcolmb14
buy

sell..(press this one)

lol

your VSA student need dice...Lol
Attached Image
MY OPINION NOT FINANCIAL ADVISE
  • #205,595
  • Oct 23, 2009 10:13am Oct 23, 2009 10:13am
Quoting donfriday
2 bias on 15tf bro..we need new low to continue downtrend if price get above green point 3 we could see 151.55 but a new low of that double bottom continue the downtrend..
[15 min]
watch that pattern bro.. Forming a descending.. (continuation in 70%)
  • #205,596
  • Oct 23, 2009 10:16am Oct 23, 2009 10:16am
Any thoughts about pinbar?
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  • #205,597
  • Oct 23, 2009 10:20am Oct 23, 2009 10:20am
Quoting Piters
[15 min]
watch that pattern bro.. Forming a descending.. (continuation in 70%)
my eyes is there like u can imagine..if we get new low it all over...
MY OPINION NOT FINANCIAL ADVISE
  • #205,598
  • Oct 23, 2009 10:25am Oct 23, 2009 10:25am
Quoting laza
Any thoughts about pinbar?
looks very pretty.
  • #205,599
  • Oct 23, 2009 10:26am Oct 23, 2009 10:26am
the down move today should be completed by now and ready to go long but if the support line broken will selling again and put TP at the blue or red line below.
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  • #205,600
  • Oct 23, 2009 10:42am Oct 23, 2009 10:42am
no, it wont hold..
i predicted this recent big upmove when we were hanging over 141 area

now i say... SELL!!! were heading back to 144
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