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profxtrader replied May 13, 2010The current trade is on the second although I took one on the first as well but it was stopped out @ breakeven.
Backing Trades Thru Charts
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profxtrader replied May 13, 2010Be flat counting about $100K
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 13, 2010I'll take bears for $5000 Alex.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 13, 2010I got a PM asking if I actually take the trades I post... well of course I do. I take more than just the ones I post. I don't always have time to post them, but here you go. Here's the current batch of trades. No time to label them all, but ...
Backing Trades Thru Charts
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profxtrader replied May 13, 2010I'm not sure who posted the flying rhino picture the other day... but let me introduce the flying rhino to a friend of mine: image
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 13, 2010Wow! Much appreciated man! I'll give it a go.
EA to email new orders... like a signal EA
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profxtrader replied May 13, 2010Look at the notes on that chart. That's exactly what happened. Looks like I'm going to have to start doing some serious reading up on VSA.
Backing Trades Thru Charts
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profxtrader replied May 12, 2010Just thought I'd post this. It goes along with my analysis for the GBPJPY. I'm still short and still targeting the lows of last Thursday. if we don't get a close inside the old channel. For now it looks like demand is being absorbed and it'll ...
Backing Trades Thru Charts
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profxtrader replied May 12, 2010Cable is making another run at it's LTL Geppy should follow.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 12, 2010For me, volume is the catalyst. The big players don't need news. They've already got whatever move they're going to make planned out.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 12, 2010Cable shows a similar picture.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 12, 2010This is what I'm looking at. Narrow range bars with high volume and high volume on bars where price has been pushed way back down means to me that smart money is loading up shorts at that level. Once demand has been removed.... adios Geppy.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 12, 2010I like option # 2. Shorts are always nore satisfying and when this b___h drops... she drops!
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 12, 2010If we get a 4 hour close below 138.00 in about an hour and a half I'm going short targeting the 132-133 area. LOTS of selling pressure on the 4 hour. Look at volume and those long upper wicks. 138.00 is the trendline I have from the up-move from ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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profxtrader replied May 12, 2010eSignal Indicator — Does the better volume indicator (or something comparable) exist for eSignal? I've grown to like it, but find the Metatrader "volume" to differ greatly from broker to broker giving conflicting signals... like my wife.
Trade Using VSA (Volume Spread Analysis)
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profxtrader replied May 11, 20101 email address and all orders. Cancellation or closing would be nice as well. The text should just say something like "GBPJPY buy order opened @ PRICE, SL, TP." or "GBPJPY buy stop order placed @ PRICE, SL, TP." Noting too fancy and thank a million ...
EA to email new orders... like a signal EA