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malcolmb14 replied Feb 26, 2008Look at 2 hour — Here is the 2 hour chart We have the formation of a cup and handle or is it just a rounded bottom ? Top of cup 213.85 , if handle forms target 211 (that will be 50% retracement and test of the bull flag breakout). When flags ...
GBPJPY scalpers
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malcolmb14 replied Feb 26, 2008forgot I am in meetings — I will not be around this morning I am in meetings Watch for a short 212.50 down or a break out of 213. Plot the open range for the high and low of the 1st 30 min of US markest open on your charts. It will give a hint ...
GBPJPY scalpers
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malcolmb14 replied Feb 26, 2008forgot I am in meetings — I will not be around this morning I am in meetings Watch for a short 212.50 down or a break out of 213. Plot the open range for the high and low of the 1st 30 min of US markest open on your charts. It will give a hint ...
GBPJPY scalpers
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malcolmb14 replied Feb 26, 2008How would you have known to short it ? Try an rsi14 bearish divergence with a failure test of the 50 % fib extension of the 1-2-3 buy and a failure top of a linear regrsssion channel . Aslo 213 is the zone of the top of that ascending triangle on ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 26, 2008no trade — I think at time of posting the 50 sma cross over trigger on the 5 min happened already. 1 am pst ...was the time 212.42 trigger bar high , with a long entry at 212.67. Only 30 pips so far but better than nothing. There are lots of ...
GBPJPY scalpers
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malcolmb14 replied Feb 26, 2008Nice call once again — Scotty Nice call once again !!! I closed my short on that double bottom last night right at 210.90 and reversed to long on an rsi crossing up thru 40 long trigger on a 15 min chart with a trigger bar high of 212.12 , ...
GBPJPY scalpers
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malcolmb14 replied Feb 26, 2008awesome — see how there has been a lot of trades around the 50sma on the 5 min , but none filled, other than the short at 16:30 pst 212,47 low of trigger bar passing thru the 50 sma....212.30 entry , low since then 211.84 Only 40 pips , but 40 ...
GBPJPY scalpers
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malcolmb14 replied Feb 25, 2008short — sorry short trigger 15 pips under the low of the trigger bar
GBPJPY scalpers
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malcolmb14 replied Feb 25, 2008dj-30 chart for today — Here is the posting for the dj-30 5 min for today. The trades , entries and exits shown can be used for forex as well as indexes. For open range trading go to www.marketgauge.com and down load the free e book ' trading ...
GBPJPY scalpers
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malcolmb14 replied Feb 25, 2008thought i posted it ..sorry — Sorry I thought I posted it .... I went thru the motions The open range high for the GBPJPY today was 212.26. Lets try again tomorrow .... A note of interest .... dj-30 only moved 700 points up and down today. .. ...
GBPJPY scalpers
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malcolmb14 replied Feb 25, 2008Look ??? — I was in it .traded it ...thankfully on right side.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 25, 2008Open range — GBPJPY in bottom half of open rnage so far for the US session, I will post chart of open range in 10 min
GBPJPY scalpers
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malcolmb14 replied Feb 25, 2008Have you ever tried? — Ever tried looking at 10 mutiple time frames with your indictors ?.. when all time frames say the same thing (buy or sell) it is like the perfect storm .. easy money. I just happen to have bear divergence on rsi14 on ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 25, 2008Just some info — I have bear div rsi14 on mutliple time frames for gbpjpy right now including 5,10.15 , 30 , 60 min ,120 min and 4 hour. off this double top 212 zone. Just a heads up ... when I see these bear divergence they work 99% of the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 25, 2008short off 212 — Takjing small short position off 212 zone 5 min .... bear div rsi 14 and Resistance. Dj futures sitting on Fridays close .... they should drop today as dj-30 chart very overbought
GBPJPY scalpers
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malcolmb14 replied Feb 25, 2008gold and gbpjpy — Investors move money into gold when there is global instability (war or economic) , as it is considered a 'safe investment' When gold goes up it shows risk aversion in the markets. GBPJPY is a carry trade .. gold goes up , ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 25, 2008Inside bars Very powerful — Bullish harami's are very powerful when they happen.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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malcolmb14 replied Feb 25, 2008You are the man !!! — Wow Scotty You called that bottom within 10 pips .. Gann grid .. mmmm .....something else for me to check out.
GBPJPY scalpers
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malcolmb14 replied Feb 25, 2008Good morning — Ah the life of a trader ... sitting here with 4am pst with one eye open. Here is what I see: BBA Mortgage approvals pushed gbpjpy up to retest that monthly pivot of 212 zone. We have bearish divergence on the rsi off the top at ...
GBPJPY scalpers