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

  • #22,861
  • Sep 7, 2007 7:45am Sep 7, 2007 7:45am
If this doesn't break the barrier, nothing will
  • #22,862
  • Sep 7, 2007 7:46am Sep 7, 2007 7:46am
Quoting markam
If this doesn't break the barrier, nothing will
so, I will win the championship? lol jk
Trade what you see, not what you think.
  • #22,863
  • Sep 7, 2007 7:46am Sep 7, 2007 7:46am
Quoting karmostaji
I will wait for GJ to close below 231.80 area (1h candle) and then I'll short when it retraces to 5sma
On which timeframe?
  • #22,864
  • Sep 7, 2007 7:46am Sep 7, 2007 7:46am
Go GU Go GU I love NFP trades.. especially when they're whacked out like this one lol
  • #22,865
  • Sep 7, 2007 7:47am Sep 7, 2007 7:47am
Quoting markam
If this doesn't break the barrier, nothing will
This + DOOM DOW today
  • #22,866
  • Sep 7, 2007 7:47am Sep 7, 2007 7:47am
Quoting hodoman
how much do we wait for a retracement on GU?? i want to load some longs
Why long? I thought if it is bad data then its negative for GY and we should go short? Please give reason?
  • #22,867
  • Sep 7, 2007 7:47am Sep 7, 2007 7:47am
One word - recession.

Maybe the Fed will make a larger cut in interest rates as a consequence?
  • #22,868
  • Sep 7, 2007 7:47am Sep 7, 2007 7:47am
Quoting markam
If this doesn't break the barrier, nothing will
There is no doubt about it with this data. I think if we all short today and leave open for a week, we probably could collect 1000 pips
  • #22,869
  • Sep 7, 2007 7:47am Sep 7, 2007 7:47am
Quoting Majd
On which timeframe?
that will depend on the momentum, i'll check after this hour ends
Trade what you see, not what you think.
  • #22,870
  • Sep 7, 2007 7:48am Sep 7, 2007 7:48am
Quoting gau2902
Why long? I thought if it is bad data then its negative for GY and we should go short? Please give reason?
He's talking about GBP/USD.
  • #22,871
  • Sep 7, 2007 7:49am Sep 7, 2007 7:49am
Quoting gau2902
Why long? I thought if it is bad data then its negative for GY and we should go short? Please give reason?
He is talking about GU not GY
  • #22,872
  • Sep 7, 2007 7:51am Sep 7, 2007 7:51am
is this the time for VT charts to go unavailable!!!!?
Trade what you see, not what you think.
  • #22,873
  • Sep 7, 2007 7:51am Sep 7, 2007 7:51am
Does anybody have an updated premarket number for the dow?
  • #22,874
  • Sep 7, 2007 7:52am Sep 7, 2007 7:52am
Greenspan says that current conditions are similar to crises of 1987 and 1998. Hey I already knew that since 19 July!
  • #22,875
  • Sep 7, 2007 7:52am Sep 7, 2007 7:52am
Thanks guys. got really confused. So GY should go down? but it is going up back to 233 level? why?
  • #22,876
  • Sep 7, 2007 7:52am Sep 7, 2007 7:52am
Quoting karmostaji
is this the time for VT charts to go unavailable!!!!?
Karmo, this the day you don't need chart to trade. Just go with the data .. you would be just fine. http://www.forexfactory.com/images/icons/icon10.gif
  • #22,877
  • Sep 7, 2007 7:53am Sep 7, 2007 7:53am
Quoting markam
Does anybody have an updated premarket number for the dow?


DJU7
Dow Jones Fut 13255 -123
8:44:14

Trade what you see, not what you think.
  • #22,878
  • Sep 7, 2007 7:53am Sep 7, 2007 7:53am
Quoting markam
Does anybody have an updated premarket number for the dow?
Down -103
Indicators show the past. Price Action "Indicates" the future.
  • #22,879
  • Sep 7, 2007 7:53am Sep 7, 2007 7:53am
Quoting karmostaji
is this the time for VT charts to go unavailable!!!!?
NFP time bro.. everything goes nuts. My electricity went out too
  • #22,880
  • Sep 7, 2007 7:54am Sep 7, 2007 7:54am
Quoting markam
Does anybody have an updated premarket number for the dow?
08:36 am : S&P futures vs fair value: -12.5. Nasdaq futures vs fair value: -13.8. The pre-market readings have taken a hit in the wake of the significantly weaker than expected headline figure for Non-Farm Payrolls which rolled in at -4K vs. the consensus of 110K. Note too that the payroll numbers for June and July were revised down by a combined 81K. Despite the unexpected declines, these numbers do raise the probability that the Fed will ease on Sep 18. The unemployment rate and Average Work/Week were in line with expectations at 4.6% and +0.3%, respectively.
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