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

  • #225,741
  • May 21, 2010 8:36am May 21, 2010 8:36am
Quoting profxtrader
I have no idea. What IS it?
Apparently a custom indicator that is helping people gather 15o+ pips

http://groups.google.com/group/rpmfx If you can't access this site then www.rpmfx.com Someone on this forum posted yesterday claiming he caught the move in GY because of it. Looks very useful
  • #225,742
  • May 21, 2010 8:40am May 21, 2010 8:40am
Quoting metlife777
once the strong wall on move down will fell apart @ 127.7 than geppy will weaken more
DJIA is under 10K. This means a strong dollar for the moment.
Every time you use 'hopium' in a post, God kills a kitten.
  • #225,743
  • May 21, 2010 8:43am May 21, 2010 8:43am
Quoting metlife777
once the strong wall on move down will fell apart @ 127.7 than geppy will weaken more
need a solid close below or above the yellow lines marked .
until then we range.I'am expecting a break upwards and continue to hold my longs.as i type here we get one more bounce from the support.
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  • #225,744
  • May 21, 2010 8:50am May 21, 2010 8:50am
Quoting currencyexch
Apparently a custom indicator that is helping people gather 15o+ pips

http://groups.google.com/group/rpmfx If you can't access this site then www.rpmfx.com Someone on this forum posted yesterday claiming he caught the move in GY because of it. Looks very useful
I See nothing about how to acquire it. Anyways.. back to trading.
Every time you use 'hopium' in a post, God kills a kitten.
  • #225,745
  • May 21, 2010 8:59am May 21, 2010 8:59am
Hands up all those who thought this would happen?



What's that smell.?
  • #225,746
  • May 21, 2010 9:04am May 21, 2010 9:04am
Don't know about others, but I find trading the NY open of GY is very difficult; futures & the opening was set to go down, and we ended up with a 120+ pip tall M15 bar. Looks like it's getting hit with selling, but there's no reason to think it is not going to reach beyond, given the tight correlation between the yen crosses and equities. Last few H1 bars show rejection off the bottom, so am expecting more bullishness; if it breaks 130.5, then there's more up, but, it's all up to equities.
  • #225,747
  • May 21, 2010 9:04am May 21, 2010 9:04am
Quoting pipidiot
What uptrend ??? Ever heard about catching a falling knife ?
geppy retraced 76% from 163 (top) now there is correction before further weakness I guess
  • #225,748
  • May 21, 2010 9:06am May 21, 2010 9:06am
Quoting metlife777
geppy retraced 76% from 163 (top) now there is correction before further weakness I guess
Correction - Yes. Uptrend - No
  • #225,749
  • May 21, 2010 9:07am May 21, 2010 9:07am
Quoting Beljevina
Don't know about others, but I find trading the NY open of GY is very difficult; futures & the opening was set to go down, and we ended up with a 120+ pip tall M15 bar. Looks like it's getting hit with selling, but there's no reason to think it is not going to reach beyond, given the tight correlation between the yen crosses and equities. Last few H1 bars show rejection off the bottom, so am expecting more bullishness; if it breaks 130.5, then there's more up, but, it's all up to equities.
agree, there is no apparent sense of trend on H1 and even H4 and I think that correction is finished at 130.5 and we'll see more weakness next week
  • #225,750
  • May 21, 2010 9:08am May 21, 2010 9:08am
Quoting ukdaytrader
Hands up all those who thought this would happen?



What's that smell.?
I guess its bears ass.Sorry for those who got caught in the down move.locking my profits and letting it run.
  • #225,751
  • May 21, 2010 9:15am May 21, 2010 9:15am
Quoting honeybhi
I guess its bears ass.Sorry for those who got caught in the down move.locking my profits and letting it run.
bulls beware: PA walks like drunk sailor
  • #225,752
  • May 21, 2010 9:25am May 21, 2010 9:25am
Quoting profxtrader
DJIA is under 10K. This means a strong dollar for the moment.
just my 2c: from EU which took 1.21 low we might next low taken by GBP as single currency which will effect geppy on downside
  • #225,753
  • May 21, 2010 9:37am May 21, 2010 9:37am
Quoting metlife777
agree, there is no apparent sense of trend on H1 and even H4 and I think that correction is finished at 130.5 and we'll see more weakness next week
I see bear flags everywhere.
Every time you use 'hopium' in a post, God kills a kitten.
  • #225,754
  • May 21, 2010 9:39am May 21, 2010 9:39am
Quoting metlife777
just my 2c: from EU which took 1.21 low we might next low taken by GBP as single currency which will effect geppy on downside
Yeah well now it's above 10K This is some sloppy-assed price action today. I don't play the smaller timeframes nor ranges, so this is frustrating as hell to me. We just need to break the damned flags to the downside and let the trend resume. That said... I really don't care if it's to the upside and they're invalidated. Just go... somewhere already !
Every time you use 'hopium' in a post, God kills a kitten.
  • #225,755
  • May 21, 2010 9:47am May 21, 2010 9:47am
Quoting profxtrader
Yeah well now it's above 10K This is some sloppy-assed price action today. I don't play the smaller timeframes nor ranges, so this is frustrating as hell to me. We just need to break the damned flags to the downside and let the trend resume. That said... I really don't care if it's to the upside and they're invalidated. Just go... somewhere already !
usually price postpones action before furious moves
  • #225,756
  • May 21, 2010 9:49am May 21, 2010 9:49am
Quoting metlife777
usually price postpones action before furious moves
I agree... seen it a million times before, but unfortunately I got a bit frustrated earlier and therefore cannot trade anymore today:

http://blog.eyestare.com/images/broken_laptop.jpg
Every time you use 'hopium' in a post, God kills a kitten.
  • #225,757
  • May 21, 2010 10:02am May 21, 2010 10:02am
Quoting profxtrader
I agree... seen it a million times before, but unfortunately I got a bit frustrated earlier and therefore cannot trade anymore today:

http://blog.eyestare.com/images/broken_laptop.jpg

is that all loss you got ??

here is my trading room ,after it all went wrong of geppy
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  • #225,758
  • May 21, 2010 10:05am May 21, 2010 10:05am
and the bear run is finally on hold !!!!
  • #225,759
  • May 21, 2010 10:09am May 21, 2010 10:09am
Quoting profxtrader
I agree... seen it a million times before, but unfortunately I got a bit frustrated earlier and therefore cannot trade anymore today:

http://blog.eyestare.com/images/broken_laptop.jpg
I see the first signs of bullish bias
  • #225,760
  • May 21, 2010 10:17am May 21, 2010 10:17am
Quoting fullhouse
is that all loss you got ??
Well I kicked my dog too Does that count?
Every time you use 'hopium' in a post, God kills a kitten.
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