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

  • #17,001
  • Aug 28, 2007 9:32am Aug 28, 2007 9:32am
Anybody want to wait for the FOMC meeting report
  • #17,002
  • Aug 28, 2007 9:32am Aug 28, 2007 9:32am
Quoting zoheir
So do we go long now ?? j/k

good night bro
I would be very careful going long. Aus may be right about the retrace, but we still have the US stock market to contend with. Almost guaranteed, the dow is going to drop again today. GJ is liable to be pulled below the days lows before the market close.
  • #17,003
  • Aug 28, 2007 9:34am Aug 28, 2007 9:34am
Quoting zoheir
Remember he's in Munich on vacation, I guess he's not gonna spoil it with fibo studies
It would be fitting if we could follow GJ down to 222 with Aus, then have Karmo come back and lead us up to 242.
  • #17,004
  • Aug 28, 2007 9:34am Aug 28, 2007 9:34am
Quoting markam
I would be very careful going long. Aus may be right about the retrace, but we still have the US stock market to contend with. Almost guaranteed, the dow is going to drop again today. GJ is liable to be pulled below the days lows before the market close.
having said that, I am long right now

Just watching the dow like a hawk. First sign of it dropping and I am out my position.
  • #17,005
  • Aug 28, 2007 9:34am Aug 28, 2007 9:34am
Quoting HnP
Anybody want to wait for the FOMC meeting report

Yes...me . No more positions until FOMC meeting
COT: The precious data ignored
  • #17,006
  • Aug 28, 2007 9:35am Aug 28, 2007 9:35am
coming back from the depths of hell.
  • #17,007
  • Aug 28, 2007 9:37am Aug 28, 2007 9:37am
Quoting fourxtrader
It's called Navigator... for what that's worth. I suppose
it's their own design. It does have level 2 quotes so you can see
the orders / fills developing before your eyes. They also offer
micro's in all their accounts.

They do not have integrated charting... I use eSignal and IBFX.

EFXGroup (not MBT) claims to have a new platform option
coming out in the fall.

Dr. D.
Thank you fourx
Regards
  • #17,008
  • Aug 28, 2007 9:37am Aug 28, 2007 9:37am
Quoting markam
having said that, I am long right now

Just watching the dow like a hawk. First sign of it dropping and I am out my position.

OPPORTUNIST!
  • #17,009
  • Aug 28, 2007 9:38am Aug 28, 2007 9:38am
Quoting bmwboyee
coming back from the depths of hell.
another of our resident longs. Howdy.
  • #17,010
  • Aug 28, 2007 9:38am Aug 28, 2007 9:38am
Quoting markam
having said that, I am long right now

Just watching the dow like a hawk. First sign of it dropping and I am out my position.

Markam, who do use for your DOW analysis?

I'm actually gonna try esignal, for their live ticker and charts.
  • #17,011
  • Aug 28, 2007 9:39am Aug 28, 2007 9:39am
Quoting bmwboyee
coming back from the depths of hell.

Do they serve lemonade on breaks?

snoringinadumpster
  • #17,012
  • Aug 28, 2007 9:41am Aug 28, 2007 9:41am
Quoting markam
having said that, I am long right now

Just watching the dow like a hawk. First sign of it dropping and I am out my position.
Markam,my friend just wanted to ask u that where do u place your SLs,when sclaping and going against the trend?

Thank u
  • #17,013
  • Aug 28, 2007 9:41am Aug 28, 2007 9:41am
Quoting fourxtrader
OPPORTUNIST!
closed out with 44 pips. the dow is really not rising very much. I am pretty sure we will test or break the GJ low again before 4 pm.
  • #17,014
  • Aug 28, 2007 9:42am Aug 28, 2007 9:42am
Quoting markam
closed out with 44 pips. the dow is really not rising very much. I am pretty sure we will test or break the GJ low again before 4 pm.

WISE OPPORTUNIST!

There's something magical about this group with all
their varied talents and perspectives.
  • #17,015
  • Aug 28, 2007 9:42am Aug 28, 2007 9:42am
Quoting I.Y.I
Markam,my friend just wanted to ask u that where do u place your SLs,when sclaping and going against the trend?

Thank u
I either don't (and watch it closely), or set a stop at just above breakeven.
  • #17,016
  • Aug 28, 2007 9:43am Aug 28, 2007 9:43am
Quoting bmwboyee
coming back from the depths of hell.
How did the real estate market look?

Ron
  • #17,017
  • Aug 28, 2007 9:44am Aug 28, 2007 9:44am
Quoting markam
closed out with 44 pips. the dow is really not rising very much. I am pretty sure we will test or break the GJ low again before 4 pm.
Yes, the market is very weak so more downside looks to be in store
  • #17,018
  • Aug 28, 2007 9:45am Aug 28, 2007 9:45am
currently the DOW is really not far from its lows for the day. longs be very careful. already retraced to the 30min 5sma/6ema.
  • #17,019
  • Aug 28, 2007 9:45am Aug 28, 2007 9:45am
Quoting Pips_Cruiser
How did the real estate market look?

Ron
I expect about like the market in southern california right now.
  • #17,020
  • Aug 28, 2007 9:47am Aug 28, 2007 9:47am
Good rest for all
That is the view from space of Daily chart GJ
The possible bottom will be arownd 228.50/229.50
GL and mani pips to all of us.
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