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

  • #27,381
  • Sep 16, 2007 3:33pm Sep 16, 2007 3:33pm
Quoting Ash
Maybe your fasting is bothering you? If so, may God teach you patience and the true meaning of Ramadan. Ameen!
Now we got a hindu trying to pretend to be a Muslim . .
  • #27,382
  • Sep 16, 2007 3:42pm Sep 16, 2007 3:42pm
FXCM ask b/w 231.10 - 231.20
Success has a Thousand Fathers.
  • #27,383
  • Sep 16, 2007 3:48pm Sep 16, 2007 3:48pm
Quoting digitizer123
Now we got a hindu trying to pretend to be a Muslim . .
no need for personal stuff bro

god bless us all here !
  • #27,384
  • Sep 16, 2007 3:55pm Sep 16, 2007 3:55pm
Quoting digitizer123
Now we got a hindu trying to pretend to be a Muslim . .
guys it will be better if you all just talk abt trading here...
  • #27,385
  • Sep 16, 2007 3:58pm Sep 16, 2007 3:58pm
the monster bearish momentum
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  • #27,386
  • Sep 16, 2007 4:03pm Sep 16, 2007 4:03pm
Hi guys
good morning
my broker opened now at 230.96 and looks like a bearish sign for this week
lets see what happens this week, happy trading to all
  • #27,387
  • Edited Sep 17, 2007 2:53pm Sep 16, 2007 4:06pm | Edited Sep 17, 2007 2:53pm
Peace to all!
Humble Lifetime Member
  • #27,388
  • Sep 16, 2007 4:09pm Sep 16, 2007 4:09pm
  •  vrama
  • | Joined Dec 2006 | Status: BE at right place@right time = LUCK | 210 Posts
I am still learning.. but just a thought out of my experience...
thanks
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All things are difficult before they are easy.
  • #27,389
  • Sep 16, 2007 4:13pm Sep 16, 2007 4:13pm
Guys, just taking a small long here at 231.03 with a stop 40 pips down. I will take one entry off for +50 and move stop to be+1 on remaining entry. Target is open for now.

I don't normally do the Sunday trade so only a small entry and small risk. Price is currently sitting on support.
  • #27,390
  • Sep 16, 2007 4:19pm Sep 16, 2007 4:19pm
Quoting Zoran
Guys, just taking a small long here at 231.03 with a stop 40 pips down. I will take one entry off for +50 and move stop to be+1 on remaining entry. Target is open for now.

I don't normally do the Sunday trade so only a small entry and small risk. Price is currently sitting on support.
Yep...its gotta close the gap and from there it goes south
  • #27,391
  • Sep 16, 2007 4:19pm Sep 16, 2007 4:19pm
what support are you referring to??
I do not see any avgs??
i may be wrong.....still learning as we all are.
  • #27,392
  • Sep 16, 2007 4:27pm Sep 16, 2007 4:27pm
Quoting Cardiac
what support are you referring to??
I do not see any avgs??
i may be wrong.....still learning as we all are.
Check Aus's analysis thread, I have posted there (it's in the Guppy Update 2).

http://www.forexfactory.com/showthre...62#post1595162

Price is sitting on the ascending trendline and stop is below the descending trendline (after the cross). Price can move around quite freely now so risk is a little higher than normal.

Also, I don't seem to have a gap on my bro-ker chart so not sure where it needs to be filled. I'm bullish at the moment unless those two trendlines break (as they come from the daily - so should have some strengh).
  • #27,393
  • Sep 16, 2007 4:30pm Sep 16, 2007 4:30pm
(UK) UK CHANCELLOR OF THE EXCHEQUER DARLING: REITERATES THAT NORTHERN ROCK IS SOLVENT; UK ECONOMY IS FUNDAMENTALLY STRONG
- The UK gov't debt is infinitely better than in the 1990
  • #27,394
  • Sep 16, 2007 4:33pm Sep 16, 2007 4:33pm
Quoting auslanco
(UK) UK CHANCELLOR OF THE EXCHEQUER DARLING: REITERATES THAT NORTHERN ROCK IS SOLVENT; UK ECONOMY IS FUNDAMENTALLY STRONG
- The UK gov't debt is infinitely better than in the 1990
There have been queues outside northern rock banks. Savers are panic withdrawing their funds! They deserve everything in my view.. They are one of the most irresponsible lenders in the UK. They were prepared to give a friend of mine a 125% mortgage at 5x her annual income, even though she had a terrible credit rating.

theres more on the subject on the bbc site.. http://news.bbc.co.uk/1/hi/business/
  • #27,395
  • Sep 16, 2007 4:33pm Sep 16, 2007 4:33pm
Quoting Zoran
Check Aus's analysis thread, I have posted there (it's in the Guppy Update 2).

http://www.forexfactory.com/showthre...62#post1595162

Price is sitting on the ascending trendline and stop is below the descending trendline (after the cross). Price can move around quite freely now so risk is a little higher than normal.

Also, I don't seem to have a gap on my bro-ker chart so not sure where it needs to be filled. I'm bullish at the moment unless those two trendlines break (as they come from the daily - so should have some strengh).
lol mine shows a 50pip gap for some reason but nevertheless it's long either way
  • #27,396
  • Sep 16, 2007 4:34pm Sep 16, 2007 4:34pm
thanks for the reply
i have my trend line a bit lower at 230.50-55 bottom support

edit: I also have a pivot point (if i did it right) at 230.54

May the pips be with you
  • #27,397
  • Sep 16, 2007 4:37pm Sep 16, 2007 4:37pm
Quoting MoForce
lol mine shows a 50pip gap for some reason but nevertheless it's long either way
That's because your broker opened an hour later than mine
  • #27,398
  • Sep 16, 2007 4:38pm Sep 16, 2007 4:38pm
Quoting auslanco
(UK) UK CHANCELLOR OF THE EXCHEQUER DARLING: REITERATES THAT NORTHERN ROCK IS SOLVENT; UK ECONOMY IS FUNDAMENTALLY STRONG
- The UK gov't debt is infinitely better than in the 1990
Keep those GBP positive headlines rolling!
  • #27,399
  • Sep 16, 2007 4:41pm Sep 16, 2007 4:41pm
Quoting peterM
There have been queues outside northern rock banks. Savers are panic withdrawing their funds! They deserve everything in my view.. They are one of the most irresponsible lenders in the UK. They were prepared to give a friend of mine a 125% mortgage at 5x her annual income, even though she had a terrible credit rating.

theres more on the subject on the bbc site.. http://news.bbc.co.uk/1/hi/business/
No different to most places I think. The issue is that they bought cheap loans from the banks and then sold them at higher rates. Now that the banks are holding onto their money, they are finding it difficult to find funds. The problem is not with bad debt as far as I understand.
  • #27,400
  • Sep 16, 2007 4:47pm Sep 16, 2007 4:47pm
Quoting karmostaji
Guess I was thinking about the week before, but that's not the point. The point is that every trader should have his/her own analysis and not just follow someone blindly.

Market opens in a couple of hours, get ready ladies and gentlemen
Yes, point taken.

Here we go again
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