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

  • #22,381
  • Sep 6, 2007 6:45am Sep 6, 2007 6:45am
Quoting VishalJ
And pray the stupid DOW doesn't go up

Unless we get some magically good news in todays reports, I am not worried about that.

The big report today could actually be the oil inventory report. I expect a big drop in both crude and refined inventories, and we could see a significant reaction from it.
  • #22,382
  • Sep 6, 2007 6:45am Sep 6, 2007 6:45am
*ecb Leaves Interest Rates Unchanged At 4.00%, As Expected
  • #22,383
  • Sep 6, 2007 6:46am Sep 6, 2007 6:46am
Quoting auslanco
waiting for ECB rate..
They didn't change rates. How could I have not seen that coming?
  • #22,384
  • Sep 6, 2007 6:46am Sep 6, 2007 6:46am
Quoting auslanco
Please contact budgeteyewear.com A.S.A.P
  • #22,385
  • Sep 6, 2007 6:48am Sep 6, 2007 6:48am
DEALERS NOTE A DOVISH TONE IN BOE COMMENTS FOLLOWING THIS MORNING'S DECISION TO HOLD RATES STEADY
- BOE noted in its August Inflation Report, the Committee’s central projection was for inflation to remain close to the 2% target over the forecast period and for output growth to ease, reflecting a slowing in both consumer spending and business investment
  • #22,386
  • Sep 6, 2007 6:51am Sep 6, 2007 6:51am
If the 1hr. crosses should there be a retrace to the 5sma.?
  • #22,387
  • Sep 6, 2007 6:51am Sep 6, 2007 6:51am
Man, I swear I should buy everytime GJ hits 232.00.. always goes up lol
  • #22,388
  • Sep 6, 2007 6:52am Sep 6, 2007 6:52am
We will see soon, Bid just dipped below 23200.
  • #22,389
  • Sep 6, 2007 6:52am Sep 6, 2007 6:52am
I wonder how many times we can bounce off the 232 area before we finally get below it.
  • #22,390
  • Sep 6, 2007 6:53am Sep 6, 2007 6:53am
Quoting markam
I wonder how many times we can bounce off the 232 area before we finally get below it.
Next time it hits 232 and I go long.. it will finally drop. : I'll sacrifice my lots for you guys
  • #22,391
  • Sep 6, 2007 6:54am Sep 6, 2007 6:54am
Anyone have an idea of what overnight dow numbers are?
  • #22,392
  • Sep 6, 2007 6:56am Sep 6, 2007 6:56am
Quoting lepiricus
Anyone have an idea of what overnight dow numbers are?
Dow futures are -24 right now.
  • #22,393
  • Sep 6, 2007 6:57am Sep 6, 2007 6:57am
http://money.cnn.com/data/premarket/
  • #22,394
  • Sep 6, 2007 6:58am Sep 6, 2007 6:58am
Quoting lepiricus
Anyone have an idea of what overnight dow numbers are?
I am showing 13255

pre market -26
  • #22,395
  • Sep 6, 2007 6:58am Sep 6, 2007 6:58am
Quoting VishalJ
Next time it hits 232 and I go long.. it will finally drop. : I'll sacrifice my lots for you guys
Good plan, but just reverse if it breaks.
  • #22,396
  • Sep 6, 2007 7:02am Sep 6, 2007 7:02am
looks like 231.90 is a strong support , is it true the more times a support line is hit the stronger it becomes ?
To Live is the rarest thing in the world , Most people exist , that is all
  • #22,397
  • Sep 6, 2007 7:04am Sep 6, 2007 7:04am
Quoting VishalJ
Next time it hits 232 and I go long.. it will finally drop. : I'll sacrifice my lots for you guys
Already done Visha. I closed my short at 232 and took a long. I figure it is pretty low risk, as I have a stop and reverse at 231.80 and just a small position
  • #22,398
  • Sep 6, 2007 7:04am Sep 6, 2007 7:04am
Quoting maheswara
looks like 231.90 is a strong support , is it true the more times a support line is hit the stronger it becomes ?
After the fisrt attempt the pair went for a full retracement(1hr QQE touched the 50 line).. This is the second attempt after that . According to the second attempt theory it will be successfully broken this time
  • #22,399
  • Sep 6, 2007 7:04am Sep 6, 2007 7:04am
Quoting maheswara
looks like 231.90 is a strong support , is it true the more times a support line is hit the stronger it becomes ?
That is true, but when it breaks, it really breaks.
  • #22,400
  • Sep 6, 2007 7:07am Sep 6, 2007 7:07am
should we xpect 1hr retracement to 5 sma
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