is that an equidistant channel? i cant get the middle line on mine

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

its already down 300 pips today from 148 so im not sure its going to go much further today, could range or retrace a bit. still sell rallies though i think. seems to be retracing on low volume

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

anyone seeing some accumulation down here?

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

he expects GDP falling 4.5% at start of Q2 which is worse than govt forecasts, and no growth until Q1 2010 seems like a nice news driven drop that could provide nice opportunity for longs once it bottoms

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

gaaaaah i have to stop moving my stop up so fast. was short at 146.85 but got spiked out for +1 as I moved my stop up to +1 when I was +10 in profit scared of losing 30 pips if it reverses when i had +10 so move up stop. cost a 100+ pip gain ...

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

just seen an unusually high volume 5min up bar with low spread 10 mins ago, then low volue low spread down bar, creeping down ever since hmmm just switched to ibfx, i miss my ES feed that I get on ODL (main reason i use odl is to get ES and oil ...

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

was looking at it around 147 earlier looking at volume and thinking it was going up, had to leave for work and didnt trust taking it and geting to work to find a loss so I cancelled my limit order just before I left (was going long at 147.15). sigh ...

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

wondering what the volume guys are seeing on this. i see a huge 45 pip bar, the biggest 5 minute bar for 11 hours, but volume isnt that great. is this an upthrust? loading of shorts before asia kicks in? or am i reading it wrong? judging by the way ...

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

dont leave, some of us welcome the expert advice I just shorted from 147.74.

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

trying to decipher the price action and vol on my gbpjpy 5min here. the 2 most recent high volume bars are both bull bars. am i right in thinking this may indicate longs being loaded up, especially on the second one? or is there something else i am ...

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

hmmm this isnt even shown on ff calendar

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

is it possible to just use mt4 and the volume bars? or is it lacking something that makes a huge difference? ive got that book, going to san fran/las vegas on 22nd so ill be reading it on my 11 hour flight (although i am yet to find a UK stockist ...

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

it isnt, those are the usual rubbish weekend prices we have seen lately, ignore it

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

ohhh thought you meant gj as you had just pointed out what looks like distribution on gj

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

im sure i read you said you had opened a short just before yesterdays close?

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

yeh we had a bull engulfing the previous week, but look at week just gone, the volume was higher but the bar itself was less than half the size. as far as i have read this would not be a good sign?

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

dont most people use a 200sma? also you are using ODL the same as me, which has trading on a sunday and screws up daily MA's due to the very short sunday. I opened an alpari demo just to be able to see an accurate 200 day MA and its at 155.83 for an ...

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

yeah, I am still looking for the tools that work for me, at the same time trying not to end up using 10 at once and confuse the whole thing. just gets difficult jumping from one to the other when nothing seems to work. need to string 4 or 5 decent ...

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

isnt that divergence just a normal drop in volume after london close? looking at that chart it seems to happen every day. I did notice that GU, EJ and EU were all flying the entire day......while GJ just went sideways. If GJ isnt gonna fly when ...

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

read this, seems good. but im still trying to get my head around it. it seems one problem with trying to use volume in forex is the 24hr market meaning volume is constantly up and down anyway and always always peaks during the london ny overlap as ...

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