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

  • #16,441
  • Aug 27, 2007 10:58pm Aug 27, 2007 10:58pm
the nikkei has dropped back into negative territory after the lunch break. it should be all downhill through the european session.
  • #16,442
  • Aug 27, 2007 10:58pm Aug 27, 2007 10:58pm
Quoting auslanco
also 30 min cross down

By the way I don't have any crossdowns on any of my platforms on M30 yet
  • #16,443
  • Aug 27, 2007 10:59pm Aug 27, 2007 10:59pm
Quoting brok
By the way I don't have any crossdowns on any of my platforms on M30 yet

yehh mine neither.. when it does.. it's all smooth sailing
  • #16,444
  • Aug 27, 2007 10:59pm Aug 27, 2007 10:59pm
Quoting auslanco
If you are using the momentum indicator .. you can see 30min charts do not have the momentum support.. As soon as it points down.. this will shoot down.

I hope your right buddy!

But i have to work in morning (6.5 hours) I got some profit locked in and i will see you gentlemen after a little sleep
  • #16,445
  • Aug 27, 2007 11:02pm Aug 27, 2007 11:02pm
It's a close call on the 1hr. 100 sma.
  • #16,446
  • Aug 27, 2007 11:03pm Aug 27, 2007 11:03pm
15 retrace complete (5sma) and 100sma 1hr complete
fasten your seatbelts
  • #16,447
  • Aug 27, 2007 11:03pm Aug 27, 2007 11:03pm
Quoting rodders
It's a close call on the 1hr. 100 sma.
i said fasten your seatbelts
  • #16,448
  • Aug 27, 2007 11:04pm Aug 27, 2007 11:04pm
Nikkei
Attached Image (click to enlarge)
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  • #16,449
  • Aug 27, 2007 11:04pm Aug 27, 2007 11:04pm
ive got MS2 at 230.62
  • #16,450
  • Aug 27, 2007 11:04pm Aug 27, 2007 11:04pm
Seatbelts fastened, ready for drop.

Quoting Hakuna Matata
i said fasten your seatbelts
  • #16,451
  • Aug 27, 2007 11:07pm Aug 27, 2007 11:07pm
so how far down will this wave go?
  • #16,452
  • Aug 27, 2007 11:10pm Aug 27, 2007 11:10pm
30 mins charts..
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  • #16,453
  • Aug 27, 2007 11:11pm Aug 27, 2007 11:11pm
Quoting markam
so how far down will this wave go?
to some bloody support levels--but i will take and bank profits along the way--as everyone should
  • #16,454
  • Aug 27, 2007 11:11pm Aug 27, 2007 11:11pm
wave goes to about between 229.67 and 229.44 me thinks if it's in the next couple of hours.otherwise it will go lower
Boyy,trap money,like bear hunters.
  • #16,455
  • Aug 27, 2007 11:16pm Aug 27, 2007 11:16pm
Buckled up here, and aiming downhill.
  • #16,456
  • Aug 27, 2007 11:18pm Aug 27, 2007 11:18pm
GU looks to me like it's going to break support, and descend pretty fast, soon.
  • #16,457
  • Aug 27, 2007 11:19pm Aug 27, 2007 11:19pm
Quoting markam
so how far down will this wave go?
229.34 is the 38% Fib on the 4H Chart. I'm shooting for 229.51, just above that, to be safe.

M2B
  • #16,458
  • Aug 27, 2007 11:22pm Aug 27, 2007 11:22pm
SUBPRIME: AUSTRALIA'S NAB CEO SAYS THAT THE US SUBPRIME WOES ARE LIKELY TO GET WORSE; US NEARING PERIOD OF SLOW GROWTH AND GROWTH MAY STOP
- Feels that the Aussie banking system is coping with the stress, adding that the banking system has faced a significant test
- Notes that some of the bank funding channels have become illiquid
- Challenges won't go away quickly
  • #16,459
  • Aug 27, 2007 11:26pm Aug 27, 2007 11:26pm
Quoting auslanco
SUBPRIME: AUSTRALIA'S NAB CEO SAYS THAT THE US SUBPRIME WOES ARE LIKELY TO GET WORSE; US NEARING PERIOD OF SLOW GROWTH AND GROWTH MAY STOP
- Feels that the Aussie banking system is coping with the stress, adding that the banking system has faced a significant test
- Notes that some of the bank funding channels have become illiquid
- Challenges won't go away quickly

matey--in any aussie trades?
  • #16,460
  • Aug 27, 2007 11:27pm Aug 27, 2007 11:27pm
I've noticed that to quite accurately predict where the next move is going to be, can use this popular trading formula AB = CD.
You may go to your chart to verify it.
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