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

  • #9,201
  • Aug 16, 2007 7:15am Aug 16, 2007 7:15am
Quoting Blah Blah
Technical aspects aside Karmo, what makes you think that it will go to 219-221?

What fundamentally will cause it to keep falling?

Thanks
Global finance meltdown. Stock markets crashes, etc.
Greed and impatience are our greatest enemies.
  • #9,202
  • Aug 16, 2007 7:16am Aug 16, 2007 7:16am
Quoting markam
I'm too freaked out to read. Can someone please let me know if we have any strategy other then get in the corner and suck our thumb.
  • #9,203
  • Aug 16, 2007 7:17am Aug 16, 2007 7:17am
Quoting markam
I'm too freaked out to read. Can someone please let me know if we have any strategy other then get in the corner and suck our thumb.
Yeah, go back to bed!
  • #9,204
  • Aug 16, 2007 7:19am Aug 16, 2007 7:19am
From the chart, positive divergence is forming on hourly chart. Big big retracement is due soon .. I guess.
I would encourage everyone to pls be very careful at the moment, market seems not fully awake yet .. still drunk .. I guess http://www.forexfactory.com/images/icons/icon10.gif
  • #9,205
  • Aug 16, 2007 7:20am Aug 16, 2007 7:20am
I'm just buying a position (buy or sell doesn't matter), waiting 30 seconds until it is in profit, and selling it.

  • #9,206
  • Aug 16, 2007 7:22am Aug 16, 2007 7:22am
Quoting markam
I'm just buying a position (buy or sell doesn't matter), waiting 30 seconds until it is in profit, and selling it.

Can't you wait a few minutes for the US news?
  • #9,207
  • Aug 16, 2007 7:23am Aug 16, 2007 7:23am
Quoting markam
I'm just buying a position (buy or sell doesn't matter), waiting 30 seconds until it is in profit, and selling it.

Pretty good idea...
  • #9,208
  • Aug 16, 2007 7:23am Aug 16, 2007 7:23am
In the event that US news is bad, is this beast going to drop another 400-500 points?
  • #9,209
  • Aug 16, 2007 7:23am Aug 16, 2007 7:23am
RUSSIAN CENTRAL BANK INJECTS 34.3B ROUBLES INTO BANKING SYSTEM IN ONE-DAY REPO


GLOBAL MELTDOWN !!!???
  • #9,210
  • Aug 16, 2007 7:24am Aug 16, 2007 7:24am
Quoting VishalJ
Can't you wait a few minutes for the US news?
I have now. Got three profitable trades in 2 minutes
  • #9,211
  • Aug 16, 2007 7:24am Aug 16, 2007 7:24am
Quoting markam
In the event that US news is bad, is this beast going to drop another 400-500 points?
Looks like it.. Aus, meltdown started quite some time ago..
  • #9,212
  • Aug 16, 2007 7:25am Aug 16, 2007 7:25am
IF YOU GOING SHORT.. HAVE SOME SORT OF A CONFIRMATION BEFORE YOU GO SHORT BLINDLY.MY INDICATORS ARE POINTING FOR A 4HR 5SMA RETRACEMENT
  • #9,213
  • Aug 16, 2007 7:27am Aug 16, 2007 7:27am
Quoting VishalJ
Looks like it.. Aus, meltdown started quite some time ago..

All over the world... Hmmmm .. I didnt think it was going to spread everywhere in the world this quick.

(TTN News)
BRAZILIAN REAL WEAKENS 4% TO TRADE ABOVE 2.12 LEVEL - DEALERS
  • #9,214
  • Aug 16, 2007 7:27am Aug 16, 2007 7:27am
i have been reading this book called the dollar crisis.. i wonder if this is the start of a total meltdown
  • #9,215
  • Aug 16, 2007 7:28am Aug 16, 2007 7:28am
Quoting markam
I have now. Got three profitable trades in 2 minutes
That's what I've been doing also. Shorting near 227 and getting out 5 minutes later and then going the opposite direction.
  • #9,216
  • Aug 16, 2007 7:29am Aug 16, 2007 7:29am
ff servers are going to crash any second now..haha sorry had to call it..
  • #9,217
  • Aug 16, 2007 7:30am Aug 16, 2007 7:30am
Quoting egutie6970
ff servers are going to crash any second now..haha sorry had to call it..
you'll jynx the EURCHF
  • #9,218
  • Aug 16, 2007 7:31am Aug 16, 2007 7:31am
hi all

i am come back after a long time coz my studies



whatz up????

what staregy dear kermo brother

kermo what do u say about bgen trend system

which indicator is best do u tell some thing about it
kermo ROcks !
  • #9,219
  • Aug 16, 2007 7:32am Aug 16, 2007 7:32am
*jul Housing Starts: 1.38mm V 1.40me; Building Permits: 1.37m V 1.40me

*initial Jobless Claims: 322k V 315ke; Continuing Claims: 2.567m V 2.550me
  • #9,220
  • Aug 16, 2007 7:33am Aug 16, 2007 7:33am
And to think the Dow is going to open at about -14%

this could be very interesting
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