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- ukdaytrader replied Jul 31, 2009
ES — Check out ES. Not moved anything like as much as GY. I expect ES to rally later. This will bring GY back with it. Looking for buys.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 30, 2009
Every man and his dog etc.. — I'm not so convinced about S&P breaking 1000 tomorrow. I know it looks obvious, but everyone in the World will be betting tomorrow we break that barrier, so go get 20 points, right? Hmmmm, not necessarily. I've ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 30, 2009
Spike up — I'm betting a considerable spike up before month-end. If not, this is as high as we go for now. ES crew are teasing us.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 30, 2009
Charts only matter — We need to stop thinking there are too many reasons for the market to be this irrational. The fact is, the data is being ignored and prices are rising across the board. The market will only fall when the smart money ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 30, 2009
Agree — Yep, we're at the confluence of 2 different fib levels.

Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 30, 2009
Shorts hmmmmm. — Don't go short just because it should be. The indices do not say short. In order for GY to fall, ES must be singing the same tune; it isn't. We should all be bullish.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 29, 2009
Weekly Pivot — 155.22 is what I'm looking at now. We break below and we stay below for the rest of the week. Still bearish. lol
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 29, 2009
Hmmm — Such a strong move lower yesterday followed by this today.? wtf! Just the big boys messing with everyone IMO. You don't get such a massive shakeout like yesterday without some follow through. The more I look at it, it looks like we ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 29, 2009
lol — S&P falling, GY rising.
What betting 100% retracement at this rate.Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 29, 2009
Will you listen..? — You should stop trading immediately with that psyche. This run up from 154 is helping you to get out of jail. A further fall is very likely, so you should be seriously considering scaling out of your longs.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 29, 2009
Tick Volume — Can open, worms everywhere....
There are many here who use MT4 volume very successfully, so it becomes a thorny issue. I know the old adage about there being no volume in Forex, but that doesn't tell the true story.Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 28, 2009
ha ha — I could tell from the swearing you had out of the money shorts. lol. Done it myself.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 28, 2009
Still holding — lol, yea, got caught, don't kind admitting that. Hedged pretty quickly and am holding. I hold multiple long and short positions depending on the PA and trend etc, so I can wait it out.

Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 28, 2009
Buy — 155.05. Scalp. Risky I know, trying to buy on weakness.

Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 28, 2009
Flat — Flat now, will short the rallies. Some see-sawing before we break lower now I think.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 28, 2009
Support — 155.42 should represent pretty strong support and ES hasn't fully joined the party yet. Might stick around here for a bit before going lower. Next step lower is 50% fibo at 154.68...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 28, 2009
Mark up at the open — creeeeping up and up. maybe anticipation of better than expected consumer confidence. im gonna wait till it comes out then see, if they are opening longs they may know something we dont, or they are trying to trap people ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 28, 2009
Hey — Xaron. Good to see you here.

Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 28, 2009
Really? — I'm intrigued that you use stoch for o/b and o/s levels, as it is very unreliable in any market which isn't ranging. It's also an indi.
To clear up one thing about volume, it does not repaint, it paints; in the same way that a ...Auslanco - GBP/JPY and GBP/USD (newstrade)
- ukdaytrader replied Jul 28, 2009
Reason for drop — I posted earlier that I suspected the pros were buying the Yen crosses on the back of some good Aussie news. My theory for this is as follows: Pros started their Distribution yesterday and every rise was met with sellers. ...
Auslanco - GBP/JPY and GBP/USD (newstrade)