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

according to the arrow coming first and the we had qqe60 crosss aftre few candles and to go long on 5min 5sma retrace..

yes, QQE-60....or QQE alert-1, as its called on the chart.....now i'm wondering if 30pips is worth losin' sleep....this is moving at snails pace.

Ok, gotcha. Probably best to wait until direction is clear.

price is fighting to close above the 50ema on 30min
last 5 candles its failied
longs be careful-- a close above that would drive it to your tgts

(UK) ACCORDING TO CREDIT SUISSE, UK RATES WILL BE CUT BEFORE YEAR END
- Expects the BoE to cut rates to 5.50% by the end of 2007 and to 5.25% in 2008.
- The cut will be due to lower UK growth rates next year, slowing consumer spending, slowing property market and declines in US rates

HM, might be a good idea to wait until the 1hr QQE crosses above the 50 and then heads back down....becareful with the short bro....especially with the new 30min QQE60 cross up

S 231.53
ill exit if i get a reversal on 5 min--coz of this stupid low volatility

trading coz im bored

The momentum indicator is only looking at 2 bars at any given time. It's looking at the current bar and the one 10 bars ago to do it's comparison. If you don't have the exact same bars in those places, then it could easily give a different indication than what Aus sees. I would highly expect that on the first day after the weekend, there will be some irregularities all around.

looks like the 1min wants to complete 3 full cycles to the down side before heading back up again.

I got a 4hr/hr strategy trade Short @ 231.25 SL 232.25 TP 229.16
15 min strategy trade Long @ 231.48 SL 231.00 TP @ 232.02

I will be back at Frankfurt.

woww, it is very accurate! Now it is going up..

Evening guys,

Looks like nothing going right now. Not exactly surprised by that.

I am not really a conspiracy nut guy, but have you been following this incident with the B52 and the 6 nukes that were "accidentally" wingmounted on the plane prior to the plane taking off? Keep in mind that this is first time since 1968 an american bomber has carried a live nuke in firing position, and that the protocals in place would make it impossible to accidentally move the nukes, much less load them on the wings of a B52.

The most interesting thing about this incident is that it even became public. Apparently it was leaked to the press by high-level officers within the Air Force.

Since this incident could not happen by accident, it appears that certain high level officials (for example Dick Cheney) within the government were taking steps to divert nuclear missiles from their scheduled decommisioning. The military decided to prevent this by exposing what was going on, thereby preventing it from happening.

If this was just some colossal screwup by the military, it makes me a bit nervous. If this was a deliberate attempt to divert nuclear weapons for some purpose, it scares the shit out of me.

http://www.militarytimes.com/news/20...arhead_070905/

im out at 231.35
ill reeneter again

short from 231.38

FOMC RATE DECISION 9/18: SCENARIO ANALYSIS
- The least likely scenario: Some analysts call this week's expected rate cut "the most forecasted rate cut in history". If the Fed left rates unchanged, markets might conclude the Fed is not being aggressive enough to avoid a recession. By linking the trouble in housing and credit markets with consumer spending in a speech last week, voting member Mishkin confirmed that the Fed is about to cut rates. In another scenario, the Fed could leave rates unchanged and once again cut the discount window rate. "The nearly universal belief that the Fed will cut rates next week is a little worrisome since there still is a viable argument for the FOMC to hold rates where they are," said Gregory Drahuschak at Janney Montgomery Scott.

- Unlikely scenario: A 50bps rate cut would send a signal that the Fed wants to stabilize financial markets as quickly as possible, but if this was their intention they would have already cut rates long before this week's meeting. Bernanke has made it clear that it isn't the Fed's job to keep the U.S. out of near-term recession at the expense of long-term stability, and for this reason it makes no sense for them to cut so aggressively with so little economic data to show the impact of recent market turmoil (the “moral hazard” argument comes into play). A 50bps rate cut could potentially derail the USD and ignite inflationary pressures, a scenario the Fed obviously wants to avoid.

- Most likely scenario: The Fed is expected to cut by 25bps, cutting by the smaller amount to demonstrate that the issue is under control and the risk is in the process of being re-appraised. A 50bps rate cut might be seen as a panic move. Short-term borrowing markets are showing some signs of stabilizing, the stock market appears to be in decent shape, and some credit is starting to move, suggesting that a 25bps rate cut would make sense. In the event of a 25bps rate cut, the accompanying statement will dictate near-term stock market direction.

- FOMC statement after a 25bps rate cut: The Fed has recently avoided hinting at future policy actions, instead choosing to affirm their data-dependency stance. Under Bernanke, there is a preference for clear, official channels of communication. Speeches aren't the vehicle for expressing committee-wide views. The Fed refuses to hint at future action since they lack the data necessary to make decisions, and for that reason the accompanying statement on Tuesdays is unlikely to provide any fireworks. The most likely scenario is a comment along the lines of "we will act as needed". The Fed hasn't seen enough data to say "that's the only rate cut you'll get" (a strong inflation reading on Wednesday, not unlikely given recent USD weakness, may limit the Fed's ability to deliver more rate cuts). Given that we've already seen an anticipatory stocks rally ahead of the FOMC, a 25bps rate cut and an in-line Fed statement may provide limited upside for stocks.

- Medium term Fed outlook: The consensus is that the Fed will take an incremental approach to cutting rates. Over the near-term, as adjustable-rate mortgages reset, defaults and foreclosures are likely to rise. This probably means a series of additional quarter-point rate cuts as the Fed gets ready for mortgages to be reset at the start of 2008. Investment adviser John Mauldin released a report focused on the month-by-month dollar amounts of mortgages that will be reset through 2008. The report shows that the largest reset amounts occur in the first six months of next year. Mauldin points out that the $197 billion of mortgage resets so far this year is "less than we will see in two months (February and March) of next year. The first six months of next year will see more than the total for 2007, or $521 billion."

Based on your excellent WWLWWL record, i would long now

Hmmm... scalping ok.. Otherwise it's suicide

We'll get a short (down) arrow from the 15 min "level stop reverse" system, if price dips below 231.14 soon. That's because it has crossed over the "trailing stop level" line.

i dont post scalp trades
i took a 15 pip scalp trade earlier--but its not fair to post that--so i didnt
my signal showed a short hence ive got back in again short--but this low V is crazy--
ill exit if i see a reversal--it still has the potential to go to 232--ill trade as it comes