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

  • #21,261
  • Sep 4, 2007 2:45pm Sep 4, 2007 2:45pm
Dow is right at 13500 with 15 minutes to go. This is gonna some finish.
  • #21,262
  • Sep 4, 2007 2:46pm Sep 4, 2007 2:46pm
much bigger drop than I expected from the dow, but it looks like it is heading up again
  • #21,263
  • Sep 4, 2007 2:47pm Sep 4, 2007 2:47pm
hello all, mannnn, i've just got home! i've been out all day! i guess i didn't miss alot no trade calls on the method i posted in the weekly analysis thread

and i'll be damned, this sucker really bounced off the major lower trend line, and now i guess it's bouncing off the upper one.

i guess if it fails breaking the uppler trendline miserably, it's going to test the lows again! i guess we're going to have to wait and see.
  • #21,264
  • Sep 4, 2007 2:49pm Sep 4, 2007 2:49pm
dow looks stalled out a 13460. I closed one of my longs
  • #21,265
  • Sep 4, 2007 2:51pm Sep 4, 2007 2:51pm
every time I go long, it pukes out on me
  • #21,266
  • Sep 4, 2007 2:56pm Sep 4, 2007 2:56pm
Hey Markam,how do you think if Dow closes above 13.500 today,shall we see levels at 235-235.5 and higher?
  • #21,267
  • Sep 4, 2007 2:56pm Sep 4, 2007 2:56pm
markam, do u mind telling me the price you show on dow right now?
  • #21,268
  • Sep 4, 2007 2:58pm Sep 4, 2007 2:58pm
Quoting markam
every time I go long, it pukes out on me

Just went long too and can earn the interest. 4 hr is about to cross up
  • #21,269
  • Sep 4, 2007 2:58pm Sep 4, 2007 2:58pm
I'm really surprised that the dow didn't break 13500.

I think GJ is going to be stuck in this stupid range until we get some really bad news to knock us down. I can't see enough good news coming out to push us up out of the range.
  • #21,270
  • Sep 4, 2007 3:02pm Sep 4, 2007 3:02pm
Quoting markam
I'm really surprised that the dow didn't break 13500.

I think GJ is going to be stuck in this stupid range until we get some really bad news to knock us down. I can't see enough good news coming out to push us up out of the range.
Don't worry man .. I thought you already change your skin, now back to the old one again? http://www.forexfactory.com/images/icons/icon10.gif
  • #21,271
  • Sep 4, 2007 3:02pm Sep 4, 2007 3:02pm
Quoting I.Y.I
Hey Markam,how do you think if Dow closes above 13.500 today,shall we see levels at 235-235.5 and higher?
I did think that, but the dow failed to make it. Looks like its closing at 13450. Still a very positive day, so we will have to see what happens through the asian and european sessions. We could get a push up to 235.5 later.
  • #21,272
  • Sep 4, 2007 3:02pm Sep 4, 2007 3:02pm
Dow is now closed at 13449.43. The last 45 minutes of the dow really killed the bull.
  • #21,273
  • Sep 4, 2007 3:03pm Sep 4, 2007 3:03pm
DAILY at LIMIT 234.15 . . . 4HR at limit 234.15 . . . 1HR forming small (weak) pin bar . . . lower time frames MoM and QQE bleeding off . . . waiting for down-cross on 30 and then 1HR . . . Looks like the pair moves lower in Asian session.

Sorry for rambling but typing fast! My opinion only.

Will not trade until 30-1HR confirm (price has been range bound for a while)
  • #21,274
  • Sep 4, 2007 3:04pm Sep 4, 2007 3:04pm
Dow closed about 92 in the green. Wouldn't that be enough for the asian session to slowly carry the gbp/jpy the rest the way?
  • #21,275
  • Sep 4, 2007 3:04pm Sep 4, 2007 3:04pm
Quoting mktjong
Don't worry man .. I thought you already change your skin, now back to the old one again? http://www.forexfactory.com/images/icons/icon10.gif
I am always a bear. I just know not to fight it when the dow is going up.
  • #21,276
  • Sep 4, 2007 3:04pm Sep 4, 2007 3:04pm
It is a category 3 hurricane .. slowly moving to category 4 http://www.forexfactory.com/images/icons/icon10.gif

Well, hope so.
  • #21,277
  • Sep 4, 2007 3:08pm Sep 4, 2007 3:08pm
If we stay up in this level, it looks like the 4-hour chart will flip bullish. With the daily already bullish, we may push toward zorans 238 tonight.

I guess I better lock my bear in the closet for a while. He hates to see me go long.
  • #21,278
  • Sep 4, 2007 3:11pm Sep 4, 2007 3:11pm
Quoting markam
If we stay up in this level, it looks like the 4-hour chart will flip bullish. With the daily already bullish, we may push toward zorans 238 tonight.

I guess I better lock my bear in the closet for a while. He hates to see me go long.
Please do and don't post any bad comments again later. Otherwise the rockets would get distracted http://www.forexfactory.com/images/icons/icon10.gif
  • #21,279
  • Sep 4, 2007 3:14pm Sep 4, 2007 3:14pm
Notice how the GJ waits for the dow to
get out of the way so it can do it's thing.

Moving up again.

The yen is the driver
  • #21,280
  • Sep 4, 2007 3:16pm Sep 4, 2007 3:16pm
It sure doesn't like to go up when you're playing long

wonder what aus & karmo would say when they wake up in the morning.. im sure they would be surprised that u went long!

Quoting markam
every time I go long, it pukes out on me
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