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

  • #29,161
  • Sep 19, 2007 2:43am Sep 19, 2007 2:43am
Quoting karmostaji
this move was expected
where is ur sl karm
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #29,162
  • Sep 19, 2007 2:44am Sep 19, 2007 2:44am
Fukui said that the slowdown in the US housing market can take a longer time than being anticipated and lower japanese rates can create artificial imbalance in the market. (trying to translate as best as I can). This may have spooked the market. However, it just may be the overdue retrace from yesterdays' move up. It will move up shortly. If anything, this has given us a better entry price for the longs.
Period : 26 Months Account Balance : +264% Max DD : 14.2%
  • #29,163
  • Sep 19, 2007 2:45am Sep 19, 2007 2:45am
Well, after this Fukui fart dissipates a little, hopefully it will head back up again. And I wouldn't be surprised if after the Japanese go to bed at 09:00 GMT, then the Brits could launch an assault on the Yen
  • #29,164
  • Sep 19, 2007 2:48am Sep 19, 2007 2:48am
Quoting VishalJ
Ok how low do you think this will go before pushing up? Daily 5SMA.. damn.. that's a long drop
232.24
Trade what you see, not what you think.
  • #29,165
  • Sep 19, 2007 2:49am Sep 19, 2007 2:49am
Quoting karmostaji
this move was expected
for a minute there I thought Bravado was on the thread. lol
"Only when the tide goes out will we know who is swimming naked."
  • #29,166
  • Sep 19, 2007 2:50am Sep 19, 2007 2:50am
F*k kui
  • #29,167
  • Sep 19, 2007 2:53am Sep 19, 2007 2:53am
Quoting Hakuna Matata
what the hell happened??
blew right thru the bloody e/l stop--and this time i had the e/l stop at 65 pips---no way
any news guys?
maybe this sparked it just before minutes are released
BOE May Cut Rates in the Wake of the US - UK Times - While the Bank will find comfor that the run on Northern Rock seemed to be over, optimism that it will still respond with rate cuts — by Christmas — received a big boost from yesterday’s reassuring inflation figures. After falling in July from from 10-year highs above 3% — set as recently as March — to just 1.9%, yesterday’s August figures showed headline inflation on the consumer prices index falling further, to 1.8 per cent.
- This is below the Bank of England’s 2% target rate for a second month, leaving economists arguing that it now has a freer hand to cut rates if it sees this as vital to prevent an economic downturn.
  • #29,168
  • Sep 19, 2007 2:55am Sep 19, 2007 2:55am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Morning/Afternoon and good evening

Aus
the new 15min times are set to eastern time (new York), i am using the forum clock to set my times by and have this set to EST, question is are you allowing for DST, daylight saving, current time for my FF is 3.53 with DST or 1 hr earlier without.

Basically are you about to switch to london on the pivots in five minutes.

MPP
  • #29,169
  • Sep 19, 2007 2:56am Sep 19, 2007 2:56am
Quoting karmostaji
this move was expected
Granted, but I believe this was directly related to the the speech by Fukai, see the chart below, and notice when the spike occurred.

The ForexFactory news indicator on the chart shows the spike.


http://www.irieisle-online.com/news-yen.gif
  • #29,170
  • Sep 19, 2007 3:01am Sep 19, 2007 3:01am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
my 15min chart looks like this

Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 26 KB


good or bad, not the trade but the indicators

on the pivot set up i have set my

pivot set to 1
and day start to 10, this is the server time ie 10.00 which matches 0400est

are they correct
  • #29,171
  • Sep 19, 2007 3:05am Sep 19, 2007 3:05am
Quoting GodfreyH
Granted, but I believe this was directly related to the the speech by Fukai, see the chart below, and notice when the spike occurred.

The ForexFactory news indicator on the chart shows the spike.


http://www.irieisle-online.com/news-yen.gif
i like this indicator can please attach i will like to down load, is it MT4?
thanks
With Tiger All Pips Are PossiBle
  • #29,172
  • Sep 19, 2007 3:06am Sep 19, 2007 3:06am
[quote=GodfreyH;1600903]Granted, but I believe this was directly related to the the speech by Fukai, see the chart below, and notice when the spike occurred.

The ForexFactory news indicator on the chart shows the spike.


Respect to all yardman.
"Quitting while you are ahead is not the same as quitting".
  • #29,173
  • Sep 19, 2007 3:06am Sep 19, 2007 3:06am
Screw it, I am going short. This thing has not been looking good since the Asian session - it seems it just wanted to have a quickie when the Feds cut rates.. and then it's back to being a bear.

Shorting small lot.
  • #29,174
  • Sep 19, 2007 3:12am Sep 19, 2007 3:12am
Quoting Radarnett

The ForexFactory news indicator on the chart shows the spike.


Respect to all yardman.
Radarnett are you from JA?
"Only when the tide goes out will we know who is swimming naked."
  • #29,175
  • Sep 19, 2007 3:14am Sep 19, 2007 3:14am
Quoting Se[V]eN

hmmm.... my chart show a possible downward movement...maybe a small one...but there are MPC meeting soon...lets take a walk around the park...

Seven:it was a collosal downward movement. You are sharp. BR
  • #29,176
  • Sep 19, 2007 3:15am Sep 19, 2007 3:15am
Quoting pipped oFF
Radarnett are you from JA?
Jamerican currently in Atlanta.
"Quitting while you are ahead is not the same as quitting".
  • #29,177
  • Sep 19, 2007 3:19am Sep 19, 2007 3:19am
Quoting VishalJ
Screw it, I am going short. This thing has not been looking good since the Asian session - it seems it just wanted to have a quickie when the Feds cut rates.. and then it's back to being a bear.

Shorting small lot.
I would wait for the MPC minutes to be released.
Period : 26 Months Account Balance : +264% Max DD : 14.2%
  • #29,178
  • Sep 19, 2007 3:22am Sep 19, 2007 3:22am
This News seem to be GBP negative.. take precuations if it goes the other way.
  • #29,179
  • Sep 19, 2007 3:22am Sep 19, 2007 3:22am
karm and aus r sitting "patiently" i guess while freak out.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #29,180
  • Sep 19, 2007 3:22am Sep 19, 2007 3:22am
Quoting Radarnett
Jamerican currently in Atlanta.
...ahh yes Atlanta, well respect due. Looks like you registered in 06'. Do you mind explaining where the hell you've been? j/k
"Only when the tide goes out will we know who is swimming naked."
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