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Auslanco - GBP/JPY and GBP/USD (newstrade)
- #207,361
- Nov 10, 2009 8:52am Nov 10, 2009 8:52am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
- #207,368
- Nov 10, 2009 9:16am Nov 10, 2009 9:16am
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
man .. the USD index is getting hit almost everyday .. 
- #207,370
- Nov 10, 2009 9:34am Nov 10, 2009 9:34am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
man , i dont think i am lucky , ,i have been selling because I see before me a big canal, i am a simple trader and i trade with simple thing (trend, canal, fibo, R&S, pattern...) i have seel because the PA go to down of canal just this. i respect you malcomb14 and i respect your methode of VSA but to be honest i dont like this because it's so complicated and many time the volume is false...
anyway thnx for your suggestion
see comments on drop in asia during drop and how i considered shake out and how everyone was shouting kaboom . .....this was based on volume. Volume is not always right ... you are correct , sometime there are conflicting signals
volume is false ... nah ... the fact you do not get it is more likely the case , it takes time to develop the skill of vsa. The 2 volume bars in chart below may have meant nothing to you but to me they meant a lot....and covered my 50 pip trade for today
trade was good for you on sell , hope you got long also .
Long was easiest trade you may see this week and gave 170 pip gj and now 150 pip gu
in hindsight is a 150 pip downward move in asia on reports of GBP losing AAA rating (news that is 2 weeks old ) typical ?
ES hit target 1094 while typing this ... out of that for 7 points and done for day
Blogging daily now at www.volume.zone
- #207,371
- Nov 10, 2009 9:35am Nov 10, 2009 9:35am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #207,372
- Nov 10, 2009 9:37am Nov 10, 2009 9:37am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #207,373
- Nov 10, 2009 9:41am Nov 10, 2009 9:41am
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
es just hit resistance 5 min back and is dropping ... check gu and gj charts and little drop also
this will show that they are correlated today
But GU could also get to 1.68 before a pause .. just my thought .. no guarantee ..
- #207,374
- Nov 10, 2009 9:45am Nov 10, 2009 9:45am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Probably a good short now for GU and GY?
to tell you truth nervous of going short ....
the shake out in asia showed the true intent of the pros ...
I feel much happier taking longs for now. That is just me and i am sure there are others in here that will do awesome on sells
I also think that both gu and gj are being accumulated. Makes no sense at all , but for now that is what that shake out last night showed me and the volume thru the London session
market internals on us stock markets are neutral today .... vold waffling around zero , nyse adv / dec around 1 , blatic index down to flat .... no real direction and seems lovely range day for es ... 1094 sell for move into 1089 to 1087
Blogging daily now at www.volume.zone
- #207,375
- Nov 10, 2009 9:51am Nov 10, 2009 9:51am
when the canal is pointing up, the gondola should be long.
you are showing a bull channel. are you shorting this?
, not for now bro i have been short that yesterday when the PA was 1.6730 and target 1.6650 is reached today.now i am waiting for a good major signal .and thnx malcomb14 i have understand your point but can you gie us any VSA document to learn maybe we will know much more when see this 2bar like you
i like your analyst bro
High risk High return!
- #207,376
- Nov 10, 2009 9:51am Nov 10, 2009 9:51am
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
to tell you truth nervous of going short ....
the shake out in asia showed the true intent of the pros ...
I feel much happier taking longs for now. That is just me and i am sure there are others in here that will do awesome on sells
I also think that both gu and gj are being accumulated. Makes no sense at all , but for now that is what that shake out last night showed me and the volume thru the London session
market internals on us stock markets are neutral today .... vold waffling around zero , nyse adv / dec around 1 , blatic index down...
- #207,377
- Nov 10, 2009 9:52am Nov 10, 2009 9:52am
Sounds logical Mal. At the same time, I also see "big boys" are playing scalping game too ..
Got ahead of themselves maybe - I think correction almost done so I am staying long
- #207,378
- Nov 10, 2009 9:53am Nov 10, 2009 9:53am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Sounds logical Mal. At the same time, I also see "big boys" are playing scalping game too ..
seems gj could bust 150 here ....
es short off 1094 working well to get to bottom of range 1087
Blogging daily now at www.volume.zone
- #207,380
- Nov 10, 2009 9:53am Nov 10, 2009 9:53am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
to tell you truth nervous of going short ....
the shake out in asia showed the true intent of the pros ...
I feel much happier taking longs for now. That is just me and i am sure there are others in here that will do awesome on sells
I also think that both gu and gj are being accumulated. Makes no sense at all , but for now that is what that shake out last night showed me and the volume thru the London session
market internals on us stock markets are neutral today .... vold waffling around zero , nyse adv / dec around 1 , blatic...
