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

  • #14,281
  • Aug 23, 2007 10:59am Aug 23, 2007 10:59am
I learnt to never take a decision of closing longs at london close as it sometimes is a profit taking movement, i'll wait some more
  • #14,282
  • Aug 23, 2007 10:59am Aug 23, 2007 10:59am
going to be intersting closes on the bars/candles from 4hr down in 1 minute , daily shaping up to be a pin bar off the 365ema, i feel those hurricane winds a blowing....
  • #14,283
  • Aug 23, 2007 11:00am Aug 23, 2007 11:00am
The DOW is now down 13186.54...almost 50 points. How low will it go Markam?
  • #14,284
  • Aug 23, 2007 11:03am Aug 23, 2007 11:03am
Quoting joiedevivre
The DOW is now down 13186.54...almost 50 points. How low will it go Markam?
If there is something bad out there (beyond the countrywide ceo comment), it could drop at least to the 13000 barrier.
  • #14,285
  • Edited 11:11am Aug 23, 2007 11:10am | Edited 11:11am
Quote
WOW,, I was watching and observing the dow/S&P and GJ/UJ action.I must say it's absolutely breathtaking. Thanks for introducing me to this Markam.

Markam, I want to play too. Can you send me that "link".

That is, post it here
  • #14,286
  • Aug 23, 2007 11:11am Aug 23, 2007 11:11am
Quoting GodfreyH
Markam, I want to play too. Can you send me that "link".
http://finance.yahoo.com/charts#chart1:symbol=^dji;range=1d;indicator=psar+macd+stochasticslow;charttype=line;crosshair=on;logscale=on;source=undefined
  • #14,287
  • Aug 23, 2007 11:12am Aug 23, 2007 11:12am
Auslanco Monarch Karmo and bro and sis,

How about that name for a firm specialized in investment to help global economy out of this crisis ?

Anyhow, do you see in your charts and crystal balls if we are out of the abyss? Thanks...I want to close all take a loss and go away for the weekend! But I feel doing so is irresponsible so, I stay put!!! and fix! . BR
  • #14,288
  • Aug 23, 2007 11:13am Aug 23, 2007 11:13am
Assurances on Buybacks May Cost a Lender

http://www.nytimes.com/2007/08/23/bu...in&oref=slogin

Countrywide is on the hook for buying back up to 122 billion in mortgages. They are so dead.
  • #14,289
  • Aug 23, 2007 11:21am Aug 23, 2007 11:21am
Quoting bluerose
Auslanco Monarch Karmo and bro and sis,

How about that name for a firm specialized in investment to help global economy out of this crisis ?

Anyhow, do you see in your charts and crystal balls if we are out of the abyss? Thanks...I want to close all take a loss and go away for the weekend! But I feel doing so is irresponsible so, I stay put!!! and fix! . BR
I had my 232.95 entry stopped out at 231.95, forgot to lower the stop to 232.50 area, but that is the way the cookie crumbles.

I also had two other entries, but removed them before they were triggered.

I shorted part way down to hedge the 100 pip loss on that long, and now I am long again to 232.50 for a quick 30 pips to make back part of that mistake from my stop not being moved. LOL

We should retrace up here to at least the 232.60 area, then from there, I will short for about 20 pips, but with heavier lots to make back my stupid mistake.

Then I will be out of this Crazy US Market, and go back to my comfortable abode (london session)

Thank you FOREX for the fun, it is always a blast to play.

Ken
  • #14,290
  • Aug 23, 2007 11:22am Aug 23, 2007 11:22am
Quoting bluerose
Auslanco Monarch Karmo and bro and sis,

How about that name for a firm specialized in investment to help global economy out of this crisis ?

Anyhow, do you see in your charts and crystal balls if we are out of the abyss? Thanks...I want to close all take a loss and go away for the weekend! But I feel doing so is irresponsible so, I stay put!!! and fix! . BR
I think this global crisis is a conspiracy by bloomberg/Markem duo Every year in august Blomberg comes out with this theory.

Have you hedged your positions??
  • #14,291
  • Aug 23, 2007 11:24am Aug 23, 2007 11:24am
Markam I am just curious, did you hold your shorts with this move up? I closed mine after the 4h closing above 229 at 229.28 and made some profit while going up.
  • #14,292
  • Aug 23, 2007 11:24am Aug 23, 2007 11:24am
I'm the bull man and I'm sitting tight, nothing will shake me
Trade what you see, not what you think.
  • #14,293
  • Aug 23, 2007 11:25am Aug 23, 2007 11:25am
Quoting karmostaji
I'm the bull man and I'm sitting tight, nothing will shake me
It's bull bro.. I'm with you
  • #14,294
  • Aug 23, 2007 11:25am Aug 23, 2007 11:25am
Quoting karmostaji
I'm the bull man and I'm sitting tight, nothing will shake me
Yeah karmo....you are the man...are you re-enter the market just now or other way...are you sending some rocket to the moon just now
New Forex Trader
  • #14,295
  • Aug 23, 2007 11:26am Aug 23, 2007 11:26am
Quoting karmostaji
I'm the bull man and I'm sitting tight, nothing will shake me

Me too i'm with you , but it hurts right now
COT: The precious data ignored
  • #14,296
  • Aug 23, 2007 11:27am Aug 23, 2007 11:27am
The price is stuck between a TL and the 61.8 fib, let's see which side it breaks
Trade what you see, not what you think.
  • #14,297
  • Aug 23, 2007 11:28am Aug 23, 2007 11:28am
Quoting karmostaji
I'm the bull man and I'm sitting tight, nothing will shake me
For you non-americans. The countrywide situation is a big deal. If it goes down, it will have serious consequences to the banking industry, the stock market, and the economy.
  • #14,298
  • Aug 23, 2007 11:29am Aug 23, 2007 11:29am
Quoting ovidiu
Markam I am just curious, did you hold your shorts with this move up? I closed mine after the 4h closing above 229 at 229.28 and made some profit while going up.
I bought a long, which I closed for profit
  • #14,299
  • Aug 23, 2007 11:34am Aug 23, 2007 11:34am
It's a good idea if you guys do not load any more longs at this level. 30min SI is crossing the 50 line.. which could result in another 100 pip dip before it turns up.
  • #14,300
  • Aug 23, 2007 11:41am Aug 23, 2007 11:41am
Quoting markam
For you non-americans. The countrywide situation is a big deal. If it goes down, it will have serious consequences to the banking industry, the stock market, and the economy.
hi markam,

a ot of people waiting for years the economic down of us & co.
but this global players allways pump up a new gasballon and let it fly.
letīs see if they find a new one again. i think they will.
but first we have to go more down!!

nice time

molguge
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