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

hmm it moves

Ofcourse it's moving..

we might have a small resistance @ 227.15

last time it broke above 227, about an hour and a half ago, it retraced back to 226.50

Wwow. Price sure doesn't like 227.00 right now.

Jim

wow, 1 min 33 pip spike down

extremely sensitive to down movements in the DOW

Bernanke Using `All Tools' to Calm Markets, Dodd Says (Update1)

By Gregory Mott
Aug. 21 (Bloomberg) -- Senate Banking Committee Chairman Christopher Dodd said U.S. Federal Reserve Chairman Ben S. Bernanke agreed to use ``all of the tools at his disposal'' to restore stability in financial markets roiled by the subprime mortgage crisis.
Dodd, a Connecticut Democrat who's seeking his party's presidential nomination, said banks should take advantage of lower borrowing costs after the Fed's surprise decision last week to cut the interest rate it charges them. The senator addressed reporters after meeting with Bernanke and Treasury Secretary Henry Paulson in Washington today.
The central bank on Aug. 17 cut the so-called discount rate half a percentage point to 5.75 percent to direct more cash to companies starved for short-term financing while avoiding an emergency reduction in its broader lending-rate target. Fed watchers say it may take days before policy makers know whether the action is having the desired calming effect on markets.
Dodd said he didn't specifically ask Bernanke to cut the benchmark fed funds rate, and Bernanke didn't pledge to do so. Interest-rate futures show that traders are betting the credit crunch will force Bernanke to ease monetary policy for the first time since 2003.
To contact the reporter on this story: Gregory Mott in Washington at [color=#0000ff][email protected][/color] .
Last Updated: August 21, 2007 12:13 EDT

is there any other choice, bro.????????? nop.

Of course there is another choice. I am short with a target of 210

In a week's time you will be praised as a someone who can see in the future

wish U all the best, bro.

kermo i think that this week is bad for GJ traders

did the avalanche just start?

dam thing is stuck....seriously ranging

Uzair, why do You keep calling Karmo "Kermo" for the past 3 weeks ?

was wondering the same thing

haha coz i inspire this person staregy

don't worry it's just preparing for a serious move , look how many inside bars are forming on H4

And another spining top/ doji , this ranging market is not ready to give us a direction yet

I'm with you Markam, the news of Dean destroying the oil production facilities should drive DOW, GJ and GU down. Plus we have 227.0 in place

hmmmmm ... maybe I was not clear enough

Uzair my friend....."this person" is called K A R M O ---- not K E R M O