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

  • #18,881
  • Aug 30, 2007 8:38am Aug 30, 2007 8:38am
Bears are hungry after yestereday's big Dow gains.
Attached Image
  • #18,882
  • Aug 30, 2007 8:39am Aug 30, 2007 8:39am
Quoting venci
I think I'll never understand and see what you see - Aus and Karmo ...
one day you will have your magic stick, don't worry, just don't give up
Trade what you see, not what you think.
  • #18,883
  • Aug 30, 2007 8:39am Aug 30, 2007 8:39am
Quoting waf_1988
Is it true that lower Dow = stronger USD?
Bro: GJ up = Dow up
Gj down= Dow down
dont get too carried away with dow.
  • #18,884
  • Aug 30, 2007 8:39am Aug 30, 2007 8:39am
Quoting waf_1988
Is it true that lower Dow = stronger USD?
Too a degree. During bad equity markets, people tend to move their money to safe investments, which have historically been dollars and dollar-backed securities.
  • #18,885
  • Aug 30, 2007 8:39am Aug 30, 2007 8:39am
Quoting Zoran
The breakout has returned to the line, which is where I normally enter but I can't see it bounce properly so I'm on the sidelines unless it bounces. Otherwise I'll consider a short.

is this bounce good enough?
  • #18,886
  • Aug 30, 2007 8:40am Aug 30, 2007 8:40am
so much for my shorts. nice spike.
  • #18,887
  • Aug 30, 2007 8:41am Aug 30, 2007 8:41am
Hey AUS - did u get my email?
Quoting auslanco
Bro: GJ up = Dow up
Gj down= Dow down
dont get too carried away with dow.
  • #18,888
  • Aug 30, 2007 8:42am Aug 30, 2007 8:42am
Quoting karmostaji
I'm with you my friend, auslanco & karmo rockets
yehh buddy I like that
  • #18,889
  • Aug 30, 2007 8:43am Aug 30, 2007 8:43am
Add it to the negative market sentiment is also the unemployment claims which jump up quite high, creates market growth concern.
  • #18,890
  • Aug 30, 2007 8:43am Aug 30, 2007 8:43am
Quoting Timingy
Hey AUS - did u get my email?

I did.. I will send you a PM
  • #18,891
  • Aug 30, 2007 8:43am Aug 30, 2007 8:43am
Quoting auslanco
yehh buddy I like that
OK Guys, I'll park all SUBS @ 238

c'ya

  • #18,892
  • Aug 30, 2007 8:44am Aug 30, 2007 8:44am
evening all, back from the day job just in time. does anybody have the 'Close all open trades' EA?
  • #18,893
  • Aug 30, 2007 8:44am Aug 30, 2007 8:44am
So, as of now, is it correct to see the pair technically despite of the Dow effect on the pair?!

Although I quite confused by the Dow things, I think I'm getting on the understanding now...Thanks, please let me know if I made mistakes
Hello World
  • #18,894
  • Aug 30, 2007 8:45am Aug 30, 2007 8:45am
Yep, driving with two flat tires. I hope at 1400 GMT this 1H chart does something to show upward mobility.

M2B
  • #18,895
  • Aug 30, 2007 8:46am Aug 30, 2007 8:46am
hi all

karmo, you aim for 235.50, so for a full retrace from the previous fall, but what do you think about the strong resistance around 234.50?
it has stopped the last rally and it's almost at the same value of the 61.8 daily fib...should be hard to break

any thoughts?
  • #18,896
  • Aug 30, 2007 8:47am Aug 30, 2007 8:47am
I have butterflys im my stomach ... am I hungry...
Karmo ... how long you are trading
  • #18,897
  • Aug 30, 2007 8:47am Aug 30, 2007 8:47am
Quoting my2buoys
Yep, driving with two flat tires. I hope at 1400 GMT this 1H chart does something to show upward mobility.

M2B
Me and auslanco are fixing the tyres
Trade what you see, not what you think.
  • #18,898
  • Aug 30, 2007 8:48am Aug 30, 2007 8:48am
Quoting markam
so much for my shorts. nice spike.
Leave it to the Feds.. they added 5 billion $ to the money markets.

I remember once when I had just closed my shorts on GJ.. and the Feds cut the rates (for the banks) I hate these unexpected events.. imagine if my trade was still open..
  • #18,899
  • Aug 30, 2007 8:52am Aug 30, 2007 8:52am
Quoting VishalJ
Leave it to the Feds.. they added 5 billion $ to the money markets.

I remember once when I had just closed my shorts on GJ.. and the Feds cut the rates (for the banks) I hate these unexpected events.. imagine if my trade was still open..

I don't like this news
  • #18,900
  • Aug 30, 2007 8:52am Aug 30, 2007 8:52am
Quoting VishalJ
Leave it to the Feds.. they added 5 billion $ to the money markets.

I remember once when I had just closed my shorts on GJ.. and the Feds cut the rates (for the banks) I hate these unexpected events.. imagine if my trade was still open..
bro.. the funny thing is our indicators showed us feds are adding 5 billion, Dow is moving up, Nasdaq is moving up and S&P is moving up.. Hmmm
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