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

  • #15,201
  • Aug 24, 2007 9:06am Aug 24, 2007 9:06am
Quoting quickpips
I am surprised at that number, but the dollar is not finding any takers.
Keep looking you'll find something.
Indicators show the past. Price Action "Indicates" the future.
  • #15,202
  • Aug 24, 2007 9:07am Aug 24, 2007 9:07am
guys next hour will be crazy.
mark my words..

or not..
since its posted here.
give me my pips back...
  • #15,203
  • Aug 24, 2007 9:08am Aug 24, 2007 9:08am
Keep in mind that this number is more than 10% below last years number. It is not good by any means.
  • #15,204
  • Aug 24, 2007 9:09am Aug 24, 2007 9:09am
Quoting markam
Keep in mind that this number is more than 10% below last years number. It is not good by any means.
true.,
but still an improvement from last month and much better than expected.
i wonder what is Dow Jones' strategy for the day after these numbers were released.

p.s.
i wonder if there are people who know these numbers before hand and play in the forex or DJI according to that?
give me my pips back...
  • #15,205
  • Aug 24, 2007 9:10am Aug 24, 2007 9:10am
Quoting markam
Keep in mind that this number is more than 10% below last years number. It is not good by any means.
Right, but still better than forecast considering the present conditions - also .. great factory orders numbers.. so the two should be sufficient to propel the DOW up today. Come on, let's end a Friday on a good note!
  • #15,206
  • Aug 24, 2007 9:10am Aug 24, 2007 9:10am
Quoting VishalJ
Man these numbers just smell 'fake' for some reason lol.. I wonder if the markets think that as well!
Yes these numbers are better than expected. But does not mean they are good numbers for housing overall.
  • #15,207
  • Aug 24, 2007 9:12am Aug 24, 2007 9:12am
Retrace already..
  • #15,208
  • Aug 24, 2007 9:12am Aug 24, 2007 9:12am
Quoting markam
Keep in mind that this number is more than 10% below last years number. It is not good by any means.
Your right, their way below 2003 numbers too.
Indicators show the past. Price Action "Indicates" the future.
  • #15,209
  • Aug 24, 2007 9:12am Aug 24, 2007 9:12am
I don't have a clue what the stock market is going to do.
  • #15,210
  • Aug 24, 2007 9:13am Aug 24, 2007 9:13am
Quoting markam
Keep in mind that this number is more than 10% below last years number. It is not good by any means.
Markam, sometimes you really make me want to concentrate on the cars trading business and forget about forex
  • #15,211
  • Aug 24, 2007 9:14am Aug 24, 2007 9:14am
Quoting zoheir
Markam, sometimes you really make me want to concentrate on the cars trading business and forget about forex
  • #15,212
  • Aug 24, 2007 9:14am Aug 24, 2007 9:14am
Karmo.. where are you man???
concern about our long positions?

or still playing the patiance game?
give me my pips back...
  • #15,213
  • Aug 24, 2007 9:15am Aug 24, 2007 9:15am
DOW don't seem that impressed.. hurry GJ come to 232.80 so I can get in.
  • #15,214
  • Aug 24, 2007 9:15am Aug 24, 2007 9:15am
Markam is the most negative person in this thread lol
Trade what you see, not what you think.
  • #15,215
  • Aug 24, 2007 9:16am Aug 24, 2007 9:16am
Can some one tell me how to get the DJI on MT4? Thanks in advance.
  • #15,216
  • Aug 24, 2007 9:16am Aug 24, 2007 9:16am
Quoting Lincoln_10
Karmo.. where are you man???
concern about our long positions?

or still playing the patiance game?
Patience game. I don't give up easy
Trade what you see, not what you think.
  • #15,217
  • Aug 24, 2007 9:16am Aug 24, 2007 9:16am
Quoting bill77
Yes these numbers are better than expected. But does not mean they are good numbers for housing overall.

I agree in the long run .. no.
But market reaction is quite short term.. I think it is a bull day today for dow and this pair. Just hope so, already went long
  • #15,218
  • Aug 24, 2007 9:16am Aug 24, 2007 9:16am
looks like the market was ready to go down, and isn't sure if it wants to go up based upon moderately good news.

Plus, they have lost any hope of a rate cut at this point.
  • #15,219
  • Aug 24, 2007 9:18am Aug 24, 2007 9:18am
Quoting karmostaji
Markam is the most negative person in this thread lol
He's often right though.. remember that picture of the mountain thingy?
  • #15,220
  • Aug 24, 2007 9:18am Aug 24, 2007 9:18am
guys DJ is pushing for new highs for the week, but the beast somehow does not listen to it.
give me my pips back...
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