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malcolmb14 replied Feb 29, 2008Please allow me to comment on one thing in your post. The market likes rate cuts... it crys out for them like a kid crys for candy. The reason is that if rates are low then bonds are not attractive and investors move their money in other investment ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 29, 2008Just woke up — good morning just woke up. Today I will play the open rnage brsakout of the pair as it seems to be stuck in a range right now 207 to 205.8. If the dwo drops we could break 205.8 to the downside. I will post chart a little later
GBPJPY scalpers
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malcolmb14 replied Feb 29, 2008Look back in my posting — I have losing trades all the time. Anyone who says they don't is full of BS. The comment was aimed at Karmo when I got laughed at when I called this move last week.... way before it happened. History has a habit of ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 29, 2008100 more pips — Only 100 more pips till my target of last week is met.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 29, 2008More to come in Disneyland — We are going to see 205 in US session. DJ futures have hardly dropped and gbpjpy is flying down. Imagine if dj-30 drops into 12450 zone today. Sweet ride off 213. I am really liking Disneyland Anyone going long in ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 29, 2008Trend — Very much so when the trend is vetically down.... not even a 45 deg angle.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 28, 2008We need the bulls — We need the bulls to buy at this level . Why??? So we can have liquidity in the market as price drops towards 200 and the bulls are running for the doors !!!
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 28, 2008fabled... — The amero and oil will be traded in Euros .. Venezuela already wants to sell their oil in Euros.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 28, 2008New chart — I think we will see a retracement to 208.7 only... maybe 209. Here is how that 1-2-3 sell trigger I posted worked out. As i mentioned in my post of this morning I mentioned if the price breaks the 76.4% finb typically we will test ...
GBPJPY scalpers
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malcolmb14 replied Feb 28, 2008Yes we should — Fib retracements should be 50 % or 61.8% . However there is major resistance on the charts at 209.2. A pullback into that zone is more likely.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 28, 2008wow — I had a short trigger this morning ... PIPAVIATOR took it also ... I rode this one down for 175 pips.... all in all a 335 pip day using the rsi14 buy / sell triggers only.
GBPJPY scalpers
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malcolmb14 replied Feb 28, 2008I like 175 call for end of March. Music to my ears !!!
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 28, 2008closed day trade position — Closed my final day trade position off 209.75 at 208.10. That was a 325 pip day. Awesome thing about trading a 5 min chart is you never really know what you are going to get .. could be 5 pips ... could be 200. Good ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 28, 2008one more — Does this look familiar ?? It is the exact same pattern we have playing out now .. .from the 3 hour back in Jan before the big drop. We had a 500 pips drop in hours , much like now, a little retracement overnight , BTW it was only ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 28, 2008An observation — Hidden bullish divergence on 2 hour and 4 hour hour chart. Not to say it will not push down some more yet before the bounce. RSI getting in to overbought area on multiple time frames. image
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 28, 2008I got one more day — One more day for this prediction to work out. 205.5 here we come. I was wrong on dj-30 ,which is even m,ore worrying as there has been divergence between dj and gbpjpy this week .. .tomorrow they will be heading in the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 28, 2008be very very careful — Be very careful on longs I am a dow futures trader also . dj futures traidng at 12509 , this is a break of the three day pivot at 12555. We are going to see a 1 to 2% down day on the dj-30 tomorrow. Nikkei -400 Hang Seng ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 28, 2008Welcome to disneyland — The writing was on the wall for this drop . It was a simple trade. As I said before bear divergences work well on single time frames .. multiple time frames they work 100% of the time. The original posting was based on ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 28, 2008Look at this posting — Hats of to you Karmo .... but it seems you closed to early .. 150 pips ago according to your last posting . What happened ?
Auslanco - GBP/JPY and GBP/USD (newstrade)