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Petefaders replied Jan 7, 2009bingo! 40 pips. I am owning you beast, lol.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Jan 7, 2009Sold off of 139.40. Again, because of higher volume on red candles on 5 min. This lower TL MAY be breaking. -sorry for all the posts, tell me to shut up.

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Jan 7, 2009Malcolmb, here's what I saw. image Declining volume on up move, followed by 2 pin bars then high volume on a red candle. Text book short, no? I had same setup on 1min.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Jan 7, 2009too much to type here..PM me.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Jan 7, 2009Very simple. I'm just using the "Volumes" indicator that comes with mt4. You just have to learn how to apply it right.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Jan 7, 2009VOLUME IS KING. End of story. Why did "they" sell off at 140? I dunno, I don't care. While everyone is watching their longs die, I scalped 20 pips. Longer term buy I do understand right now of course.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Jan 7, 2009Small short off 140. due to low volume on this up move, and a higher sell demand bar appeard on 1min.
risky.Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Jan 7, 2009yeeah, I'l take my whopping 14 pips now.
First trade today.Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Jan 7, 2009We'll probably test 139.50 very soon so I'm short for a scalp.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Jan 7, 200950 Ema kissed on daily. image
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Jan 7, 2009morning--nice trades. This might be a spot for me to add more longs..138.40
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Jan 7, 2009yep..watching. Almost at BE now..hmm.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Jan 7, 2009We're talking about Volume indicator..some pay from esignal, some not. Mt4 comes with it. Go through prior pages. Also read Malcomb14's posts. PM me if you have more questions. p.s. that side account is now up 110% this week.

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Jan 6, 2009So this VSA thing seems to be all the rage round here
...no seriously I did some intense learning and practice and started trading VSA as a main indicator on an account that I don't care if I blow...it's up 40%. It's still about gann, fibs, etc ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Jan 6, 2009Huge bearish div on 5 min.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Jan 5, 20095 sma keeps getting pulled up anyway...now at 136.30 on 4 hr. May not get a push up till london. I'm holding some longs in hopes for 138. area.
Auslanco - GBP/JPY and GBP/USD (newstrade)