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

  • #17,021
  • Aug 28, 2007 11:51am Aug 28, 2007 11:51am
Quoting markam
I expect about like the market in southern california right now.
Plenty of warm weather, overcrowded conditions, and most people wanting out?

Ron http://www.forexfactory.com/images/icons/icon12.gif
  • #17,022
  • Aug 28, 2007 12:02pm Aug 28, 2007 12:02pm
Well, got my tp limit hit earlier

Again, those who go long and scalp, be very very careful dudes. The current US 10 yrs treasuries is very bearish at -0.53. This pair couldn't go any higher if this value stays red.
I would look for short again at a good entry level
  • #17,023
  • Aug 28, 2007 12:03pm Aug 28, 2007 12:03pm
Well, NY lunch is about over. Let's hope they had plenty of negative conversation, and start selling again when they get back to the office. It would definitely help our indicators.

Ron
  • #17,024
  • Aug 28, 2007 12:04pm Aug 28, 2007 12:04pm
Congrats Aus!!!
At least, I'm happy I managed to break even with scalping, after more than 300 pips lost with my longs
If you lose, I will grab your pips away
  • #17,025
  • Aug 28, 2007 12:11pm Aug 28, 2007 12:11pm
we break the low of 229.76 then it will test 229.34 then off to 226.99 where next support is.
  • #17,026
  • Aug 28, 2007 12:18pm Aug 28, 2007 12:18pm
The DOW will retest his support , which is the low of the day, @ 13155.
Hope it breaks it
COT: The precious data ignored
  • #17,027
  • Aug 28, 2007 12:29pm Aug 28, 2007 12:29pm
gold just dropped $3/ounce, so I opened a short GJ position. Hows that for a weird decision making process?
  • #17,028
  • Aug 28, 2007 12:38pm Aug 28, 2007 12:38pm
can any body tell me if the pair is down 230 yet , I m at work and I can't see the charts
thanks
  • #17,029
  • Aug 28, 2007 12:39pm Aug 28, 2007 12:39pm
Quoting markam
gold just dropped $3/ounce, so I opened a short GJ position. Hows that for a weird decision making process?

You finally did the right thing man .. j/k.
Hope you got a good entry level .. stay cool ..

Gold and Yen are inversely related as well.
  • #17,030
  • Aug 28, 2007 12:40pm Aug 28, 2007 12:40pm
Quoting markam
gold just dropped $3/ounce, so I opened a short GJ position. Hows that for a weird decision making process?
Oops!
  • #17,031
  • Aug 28, 2007 12:40pm Aug 28, 2007 12:40pm
busy day at work, i am trying to cast a spell on usd/cad so it might take me a moment, it needs to go down down down. now back to gbp/jpy
  • #17,032
  • Aug 28, 2007 12:43pm Aug 28, 2007 12:43pm
Quoting irving
can any body tell me if the pair is down 230 yet , I m at work and I can't see the charts
thanks
http://www.forex-markets.com/quotes.htm

230.33 at the moment, low is 229.73 high is 232.77

Edit - Fixed typo
  • #17,033
  • Aug 28, 2007 12:48pm Aug 28, 2007 12:48pm
Quoting imbiber
http://www.forex-markets.com/quotes.htm

240.33 at the moment, low is 229.73 high is 232.77
Thanks for the link
  • #17,034
  • Aug 28, 2007 12:51pm Aug 28, 2007 12:51pm
shouldn't that be 230.33 not 240.33? Don't want to give the guy a heart attack.
  • #17,035
  • Aug 28, 2007 12:51pm Aug 28, 2007 12:51pm
Quoting hodoman
Congrats Aus!!!
At least, I'm happy I managed to break even with scalping, after more than 300 pips lost with my longs

That has to be more exhilarating. A personal victory for sure.

Anyone see the old movie with Dennis Weaver... "Duel".

That's what I've looked like after recovering from a loss...
just like Dennis Weaver, once helpless, dancing about at the
edge of the cliff, after seeing the rogue tractor-trailer rig that
tried to run him down plummeting off the edge to the valley below.

duelinginadumpster
  • #17,036
  • Aug 28, 2007 12:51pm Aug 28, 2007 12:51pm
Quoting Spent1
shouldn't that be 230.33 not 240.33? Don't want to give the guy a heart attack.
haha yeah my typo.
  • #17,037
  • Aug 28, 2007 12:53pm Aug 28, 2007 12:53pm
should we close any positions prior to this 2:00 PM news?
  • #17,038
  • Aug 28, 2007 12:55pm Aug 28, 2007 12:55pm
Anyone know who created this MT4 indicator? As well as the deciphering this tool? It seems very useful to gauge current sentiment on variuos frames.

Thanks traders....
  • #17,039
  • Aug 28, 2007 12:56pm Aug 28, 2007 12:56pm
Quoting Spent1
should we close any positions prior to this 2:00 PM news?

Either close or lock in profit.......
  • #17,040
  • Aug 28, 2007 12:56pm Aug 28, 2007 12:56pm
Quoting Spent1
should we close any positions prior to this 2:00 PM news?
So much has happened since the fed meeting, I think it will be a nonevent.
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