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

  • #207,121
  • Nov 7, 2009 6:38pm Nov 7, 2009 6:38pm
Quoting ewokuk
thats a good example, id have probably seen that as a high volume up bar so lots of buyers, and gone long instead of short lol
With the high volume upthrust that happened just before (where he put his cursor on), it is a sign of weakness and you should not look for longs after that but shorts. After a sign of weakness look for confirmation that there is no demand in the market, then you can short
  • #207,122
  • Nov 8, 2009 3:40am Nov 8, 2009 3:40am
I'll be watching only for the first part of this week. PA has been somewhet screwy this past week and i'm not keen on getting faked out.

I still think more downside is possible. Perhaps a small rise during Asia folowed by a more severe drop, but in all honesty, that's more due to the distribution I saw last week. We may just sail higher. Who knows.

My gut feeling; a smal rise followed by a fall into the 147.xx region.
  • #207,123
  • Nov 8, 2009 1:35pm Nov 8, 2009 1:35pm
Quoting Naijafx
VSA is good but no indicator will ever lead ahead of price hence everybody will be profiting 100% of the time and it wont be zero-sum


is malcomb the pro or one of the SM?

i love this thread, it alwayz make me laugh.......... i cant be sick reading this thread!

everything work as long as u follow the rules green and red is favour when u obey the rules....Nothing work best all the time ..
have a great trading guys
MY OPINION NOT FINANCIAL ADVISE
  • #207,124
  • Nov 8, 2009 2:24pm Nov 8, 2009 2:24pm
on 10-28-09 i said gu has to go to 1.6680 or so....

Quoting mima
GBPUSD? Not before 1.6680 or so.... (Maybe minor pullback...nothing significant)
Off course I have right to be wrong....
we are almost there....now kaboom might come might not...

-----

Quoting rgitt05
Fasten your seat belt..

KABOOM PA of the year is coming real soon

Bull traders have no more pole to climb...What goes up must come down fast and furious!!!

Attached Image
The Market pays you to be disciplined
  • #207,125
  • Nov 8, 2009 2:47pm Nov 8, 2009 2:47pm
Quoting malcolmb14
low volume test 148.90 ....

seems gj might even test 149.50 here

becareful on shorts

Attachment
post of Friday ..... gj now 150, 150 pip higher

vsa ....leading or lagging ?
Blogging daily now at www.volume.zone
  • #207,126
  • Nov 8, 2009 3:19pm Nov 8, 2009 3:19pm
i have ibfx and is notyet open :s , and is doesnt matter malcomb14 leading laug....
High risk High return!
  • #207,127
  • Nov 8, 2009 3:31pm Nov 8, 2009 3:31pm
Quoting simao
i have ibfx and is notyet open :s , and is doesnt matter malcomb14 leading laug....
still 149.90 ....

ibfx = mt4 = late opening sundays ,most other platforms open way earlier.
Blogging daily now at www.volume.zone
  • #207,128
  • Nov 8, 2009 4:09pm Nov 8, 2009 4:09pm
149.70..on the way down .
Going to make it big by age 21.
  • #207,129
  • Nov 8, 2009 4:11pm Nov 8, 2009 4:11pm
Quoting malcolmb14
still 149.90 ....

ibfx = mt4 = late opening sundays ,most other platforms open way earlier.
that up move seems to me like pretty covered trap, somehow chart it giving me feeling for a complete opposite direction is just sitting up (I might be wrong as well)
  • #207,130
  • Nov 8, 2009 4:11pm Nov 8, 2009 4:11pm
Quoting dstryr
149.70..on the way down .
to ealry.

I would love to see test 149 zone. There is no news in us till Thursday it seems , so will likely be another range week


top of range right now 150.50 , bottom 148.50
Blogging daily now at www.volume.zone
  • #207,131
  • Nov 8, 2009 4:15pm Nov 8, 2009 4:15pm
twilight hours bump up
  • #207,132
  • Nov 8, 2009 6:33pm Nov 8, 2009 6:33pm
What time is it? Is it a time to short now?
  • #207,133
  • Nov 8, 2009 6:46pm Nov 8, 2009 6:46pm
Quoting mktjong
What time is it? Is it a time to short now?
might be. All i know is that the confusion in news data continues. AUD, more people take out loans to buy homes to be serviced by reduced incomes as there are now significantly less jobs on offer.

Australia seems to be continuously screaming, "we're too good to be in a recession", however all i'm seeing is a dramatic deterioration in the jobs market. I've still got the job search function turned on ever since i graduated from uni for posterity sake. Up to 2 years ago, i was seeing 15-20 hits every week from it, now i'd be lucky to see 1 per month.
  • #207,134
  • Nov 8, 2009 7:02pm Nov 8, 2009 7:02pm
Quoting Eulogy
might be. All i know is that the confusion in news data continues. AUD, more people take out loans to buy homes to be serviced by reduced incomes as there are now significantly less jobs on offer.

Australia seems to be continuously screaming, "we're too good to be in a recession", however all i'm seeing is a dramatic deterioration in the jobs market. I've still got the job search function turned on ever since i graduated from uni for posterity sake. Up to 2 years ago, i was seeing 15-20 hits every week from it, now i'd be lucky to...
I think global crisis is still far from over yet ..
  • #207,135
  • Nov 8, 2009 7:12pm Nov 8, 2009 7:12pm
Who the stupid is buying this pair? Or maybe am stupid in hoping it to come down ..
  • #207,136
  • Nov 8, 2009 7:16pm Nov 8, 2009 7:16pm
Quoting mktjong
Who the stupid is buying this pair? Or maybe am stupid in hoping it to come down ..
Ok and I agree. But these days I am starting to think I am wrong...very wrong, and my view of the world's economics is too naive.
  • #207,137
  • Nov 8, 2009 7:17pm Nov 8, 2009 7:17pm
Quoting mktjong
Who the stupid is buying this pair? Or maybe am stupid in hoping it to come down ..
Twiddle-dee and Twiddle-dum of course....

http://www.propublica.org/images/art..._20090319s.jpg
  • #207,138
  • Nov 8, 2009 7:19pm Nov 8, 2009 7:19pm
Yes, I agree 150.50 is the top of the range. I am long from 149.33.
Quoting malcolmb14
to ealry.

I would love to see test 149 zone. There is no news in us till Thursday it seems , so will likely be another range week


top of range right now 150.50 , bottom 148.50
  • #207,139
  • Nov 8, 2009 7:34pm Nov 8, 2009 7:34pm
Quoting dreed
Yes, I agree 150.50 is the top of the range. I am long from 149.33.
Looks like it, 149.20 - 150.50 range
  • #207,140
  • Nov 8, 2009 7:47pm Nov 8, 2009 7:47pm
what course did you do at uni? I'm thinking of getting a part time job. I'm in Brissy.

Quoting Eulogy
might be. All i know is that the confusion in news data continues. AUD, more people take out loans to buy homes to be serviced by reduced incomes as there are now significantly less jobs on offer.

Australia seems to be continuously screaming, "we're too good to be in a recession", however all i'm seeing is a dramatic deterioration in the jobs market. I've still got the job search function turned on ever since i graduated from uni for posterity sake. Up to 2 years ago, i was seeing 15-20 hits every week from it, now i'd be lucky to...
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