deleted.. checked again and yes you're right guys.

Trade Using VSA (Volume Spread Analysis)

adding to what Willowgal has said, you must make sure that this area was tested on high to very high volume because otherwise it'll be considered as a shake out, now when previous high volume area is being tested on low volume the market should rise ...

Trade Using VSA (Volume Spread Analysis)

enjoy your time buddy!

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

i closed that short in loss, but managed to reach half of my daily target scalping ... compared to what things was few months ago, its good

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

i believe we already have the solution for that , speaking of which, im not good enough at dll imports, got anyway to check if a program is running by using a dll function?

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

come on man! we'll retrace, but not to 130! if its strong enough (given the current conditions) it can bearly made it to 140, i dont think it'll break that area, many ranging days were around there, alot of people were locked in but yea, who knows.

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

that was a trap

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

i've already entered with a stop above 148.32 .. this is the second attempt, i tried yesterday and after it went like +70 i moved stop to BE and today i find it was hit

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

we might get a little bounch now on M5, i'll be looking to short

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

i have no targets yet and i believe we need to see how strong will the down move be in the comming stages to determine ones

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

i think its selling rallies and its retracement time, anyone disagree? and why please

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

perhaps they wanted to free it from the demand left? wait 'till it becomes clearer

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

seems like further confirmtion wasnt necessary :S

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

apparently this market is still bullish, but for how long before it gives up and retraces??, however, we still need confimation, i suggest that we look for more low volume down bars to confirm the strength, and oh, if this happen, do not expect it ...

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

and hard luck for those who closed too early like me

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

target hit, this is the part where we start ranging for a short time?

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

after a shake-out and what seems to be a test on low volume, if the market doesnt rise in the comming 20 mins or so i'll start expecting low prices

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

closed a long for +70

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