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

  • #22,461
  • Sep 6, 2007 10:03am Sep 6, 2007 10:03am
Quoting markam
I swear to god this is driving me crazy. The earlier economic news was neutral to good and the market dips. Now we hear about record foreclosures, a bad oil inventory report, sharp spike in oil prices, and.......

the stock market spikes. Investors don't care if we go into a depression, as long as they get their fed rate cut. What the hell do they think this cut would do, even if it happened? The economy will still go to shit, the stock market will still crash, the dow will still sink to 2000.
I swear bro ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #22,462
  • Sep 6, 2007 10:04am Sep 6, 2007 10:04am
Quoting markam
I swear to god this is driving me crazy. The earlier economic news was neutral to good and the market dips. Now we hear about record foreclosures, a bad oil inventory report, sharp spike in oil prices, and.......

the stock market spikes. Investors don't care if we go into a depression, as long as they get their fed rate cut. What the hell do they think this cut would do, even if it happened? The economy will still go to shit, the stock market will still crash, the dow will still sink to 2000.
thats what happens to a fundamental trader. come to the dark side young one
  • #22,463
  • Sep 6, 2007 10:04am Sep 6, 2007 10:04am
Quoting markam
I swear to god this is driving me crazy. The earlier economic news was neutral to good and the market dips. Now we hear about record foreclosures, a bad oil inventory report, sharp spike in oil prices, and.......

the stock market spikes. Investors don't care if we go into a depression, as long as they get their fed rate cut. What the hell do they think this cut would do, even if it happened? The economy will still go to shit, the stock market will still crash, the dow will still sink to 2000.








you crack me up man!
  • #22,464
  • Sep 6, 2007 10:04am Sep 6, 2007 10:04am
Whoever holds short would probably suffer for quite a while. If you ask me based on what, I will tell ya again... treasuries dataaaaa.
Japanese's one closed weak last nite and US current is positive. Go figure ..

Reloaded my long again earlier .. hope it hits my tp
  • #22,465
  • Sep 6, 2007 10:08am Sep 6, 2007 10:08am
Quoting mktjong
Whoever holds short would probably suffer for quite a while. If you ask me based on what, I will tell ya again... treasuries dataaaaa.
Japanese's one closed weak last nite and US current is positive. Go figure ..

Reloaded my long again earlier .. hope it hits my tp
just need to break past 233 to start
  • #22,466
  • Sep 6, 2007 10:08am Sep 6, 2007 10:08am
Quoting mktjong
Reloaded my long again earlier .. hope it hits my tp
whats your tp?
Trade what you see, not what you think.
  • #22,467
  • Sep 6, 2007 10:09am Sep 6, 2007 10:09am
Quoting lilmoe
i got good news for yaul...

m30 qqe is on the verge of crossing upwards, i guess kevin made his move

kevin, it doesn't go the opposite way u trade, i think it goes the opposite way you THINK, so please imagine it going upwards :
lol...it's NFP week I would go nuts trying to "think" about this market right now...Opps already there...

Heck neither pair is working normal right now G/J or E/J I don't mind tight but This is crazy right now...lol
  • #22,468
  • Sep 6, 2007 10:09am Sep 6, 2007 10:09am
hmmm i want toswing trade between 233 and 232
but the market is the worst i have seen for a while
no direction
and i am not sure what to do...

darn you market...
darn you DOW.

dow raised really good today...
give me my pips back...
  • #22,469
  • Sep 6, 2007 10:10am Sep 6, 2007 10:10am
Quoting markam
I swear to god this is driving me crazy. The earlier economic news was neutral to good and the market dips. Now we hear about record foreclosures, a bad oil inventory report, sharp spike in oil prices, and.......

the stock market spikes. Investors don't care if we go into a depression, as long as they get their fed rate cut. What the hell do they think this cut would do, even if it happened? The economy will still go to shit, the stock market will still crash, the dow will still sink to 2000.
I hope you are beginning to realise that reading the news is pointless. That's just there to keep journalists employed. It's all in the charts my friend. All in the charts.
  • #22,470
  • Sep 6, 2007 10:10am Sep 6, 2007 10:10am
Quoting markam
I swear to god this is driving me crazy. The earlier economic news was neutral to good and the market dips. Now we hear about record foreclosures, a bad oil inventory report, sharp spike in oil prices, and.......

the stock market spikes. Investors don't care if we go into a depression, as long as they get their fed rate cut. What the hell do they think this cut would do, even if it happened? The economy will still go to shit, the stock market will still crash, the dow will still sink to 2000.

Looks like you keep circlying inside your box. Go out man .. need to think outside the box sometimes .. otherwise you never know how beautiful is the beach http://www.forexfactory.com/images/icons/icon10.gif
  • #22,471
  • Sep 6, 2007 10:12am Sep 6, 2007 10:12am
Quoting bmwboyee
thats what happens to a fundamental trader. come to the dark side young one

Yea, but going by the technicals, this thing should have hit 228 days ago. Everything is screwed up.
  • #22,472
  • Sep 6, 2007 10:12am Sep 6, 2007 10:12am
Quoting karmostaji
If this is how the market wants to play, then let's play it

I have my scalp hat on, if price reaches 233.40, I will short based on my chart (fibs, TL)

Mannnnn, I REALLY suck at scalping.. guess you are gunna have to teach me the right way karm..lol

PS, is it a bad thing if we burned our scalping hat yesterday?
  • #22,473
  • Sep 6, 2007 10:13am Sep 6, 2007 10:13am
Quoting karmostaji
whats your tp?

I went long again @232.51 and go for 100 pips. Just to be safe ..
  • #22,474
  • Sep 6, 2007 10:13am Sep 6, 2007 10:13am
13,310.02
+4.55 (0.03%

GJ = 233.17

Interesting.. GJ moving opposite of DOW now..

looks like even if DOW goes down to 2000, GJ will stay up! (at least at this moment)


im still holding shorts though..

its bound to drop someday
Quoting markam
I swear to god this is driving me crazy. The earlier economic news was neutral to good and the market dips. Now we hear about record foreclosures, a bad oil inventory report, sharp spike in oil prices, and.......

the stock market spikes. Investors don't care if we go into a depression, as long as they get their fed rate cut. What the hell do they think this cut would do, even if it happened? The economy will still go to shit, the stock market will still crash, the dow will still sink to 2000.
  • #22,475
  • Sep 6, 2007 10:14am Sep 6, 2007 10:14am
Quoting mktjong
Looks like you keep circlying inside your box. Go out man .. need to think outside the box sometimes .. otherwise you never know how beautiful is the beach http://www.forexfactory.com/images/icons/icon10.gif
like down the street from me.

http://www.sowal.com/walkover.jpg
  • #22,476
  • Sep 6, 2007 10:15am Sep 6, 2007 10:15am
Quoting karmostaji
If this is how the market wants to play, then let's play it

I have my scalp hat on, if price reaches 233.40, I will short based on my chart (fibs, TL)
Take it easy karmo.. Remember that the patients is going to pay your bills.... unless you wanna change that to scalping will pay my bills
  • #22,477
  • Sep 6, 2007 10:20am Sep 6, 2007 10:20am
Quoting bmwboyee
like down the street from me.

http://www.sowal.com/walkover.jpg

Wow, very nice .. will be my next destination next time. Where is it?
  • #22,478
  • Sep 6, 2007 10:21am Sep 6, 2007 10:21am
Quoting Zoran
I hope you are beginning to realise that reading the news is pointless. That's just there to keep journalists employed. It's all in the charts my friend. All in the charts.
Man you should start a "chart" thread and teach dummy's like me more about them? I hear less is more in many ways and price action is king, is this true?...lol (kevin is having a tough week..lol)
  • #22,479
  • Sep 6, 2007 10:26am Sep 6, 2007 10:26am
Quoting mktjong
Wow, very nice .. will be my next destination next time. Where is it?
Seaside, fl. it is where the turman show with jim carey was filmed. if you are really interested, just PM me.

check out www.sowal.com and go to the photo's to see more.
  • #22,480
  • Sep 6, 2007 10:27am Sep 6, 2007 10:27am
wow .. just had my tp hit .. nice
Bear ..hmmm ..what can I say ..

Sorry .. j/k.
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