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

  • #40,481
  • Oct 16, 2007 10:30am Oct 16, 2007 10:30am
Quoting PipChick
Seems like we need a retrace. This has been a bit of a weird mkt today.
Nothing weird, everything was expected here in this thread, very normal actually
Trade what you see, not what you think.
  • #40,482
  • Oct 16, 2007 10:31am Oct 16, 2007 10:31am
Quoting my2buoys
Well, it's happening already. Aus has been gone, what, two hours (?), and they're already coming out of the woodwork. I can't imagine what this thing is gonna look like by the time he gets back. There will probably be people exchanging cookie recipes. I might have to take a two week vacation myself just to maintain my sanity.

M2B


Take it easy bro, we all work as a team. We can't be too serious sometimes in forex, it would burn your mind, not to mention your life as it becomes too stressful. As long as we make pips and not too dis-oriented ..
  • #40,483
  • Oct 16, 2007 10:32am Oct 16, 2007 10:32am
Will enter short if u/j breaks 114.45 but looks like this pair will go up,...
  • #40,484
  • Oct 16, 2007 10:33am Oct 16, 2007 10:33am
alright then...no more post...only 1KT deserve it..im out


Quoting my2buoys
long should be good i think
-------------------------------------------------------------
Hi everybody...

Anybody is using FXCM broker here? Has anybody here tried to withdraw the funds from FXCM to credit card? How long does it take for the fund to be seen in the credit card, if I am now in Singapore?

Thanks.
---------------------------------------------------------------

Well, it's happening already. Aus has been gone, what, two hours (?), and they're already coming out of the woodwork. I can't imagine what this thing is gonna look like by the time he gets back. There will probably be people exchanging cookie recipes. I might have to take a two week vacation myself just to maintain my sanity.

M2B
"Analysis Is Hard But Trade Is Easy"
  • #40,485
  • Oct 16, 2007 10:33am Oct 16, 2007 10:33am
Quoting karmostaji
In normal market conditions, I would say this beast needs to retrace to 50% which is 238.70 area, but today is not normal and I'll let our big bear markam guide us of where it is going.

Making money while sitting in a classroom listening to a boring Dr. is great btw
Nothing weird Karm? Hmmmmmmmmm...not normal and weird..same thing..lol
  • #40,486
  • Oct 16, 2007 10:33am Oct 16, 2007 10:33am
u saw 4 hours and daily MOM, but u never take a look at 1 hour MOM...the 1 hour MOM very BULLISH
  • #40,487
  • Oct 16, 2007 10:35am Oct 16, 2007 10:35am
Quoting PipChick
Nothing weird Karm? Hmmmmmmmmm...not normal and weird..same thing..lol
No nothing weird, this fall we had today was normal and it was expected.
Trade what you see, not what you think.
  • #40,488
  • Oct 16, 2007 10:35am Oct 16, 2007 10:35am
Quoting karmostaji
No nothing weird, this fall we had today was normal and it was expected.
I wasnt talking about the fall. I was looking at the last 6 hours. A lot of whipsaw with the tic data.
  • #40,489
  • Oct 16, 2007 10:36am Oct 16, 2007 10:36am
i figure i would at least post a chart. lol sorry this is a daily chart.
Attached Image (click to enlarge)
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  • #40,490
  • Oct 16, 2007 10:37am Oct 16, 2007 10:37am
Quoting PipChick
I wasnt talking about the fall. I was looking at the last 6 hours
Regarding the last 6, yeah it's been acting funny.. it should retrace atleast to 238.50 area
Trade what you see, not what you think.
  • #40,491
  • Oct 16, 2007 10:38am Oct 16, 2007 10:38am
Quoting karmostaji
Regarding the last 6, yeah it's been acting funny.. it should retrace atleast to 238.50 area
I agree. Im long at 03 but it will prolly be temporary.
  • #40,492
  • Oct 16, 2007 10:39am Oct 16, 2007 10:39am
Quoting PipChick
I agree. Im long at 03 but it will prolly be temporary.
But if this dow gets above 960 it could help out the g/j retrace.
  • #40,493
  • Oct 16, 2007 10:41am Oct 16, 2007 10:41am
Quoting bmwboyee
i figure i would at least post a chart. lol sorry this is a daily chart.
Nice chart, Bro. That's the exact same bullish trend line I posted on an earlier chart. Never underestimate the power of a chart. Sometimes people even see things that you aren't specifically pointing out.

M2B
  • #40,494
  • Oct 16, 2007 10:42am Oct 16, 2007 10:42am
yes. and it's not even finished. i guess it's going down to 235.9.
and then UP again, probably 244.28.

Quoting karmostaji
No nothing weird, this fall we had today was normal and it was expected.
Nihil Sine Deo.
  • #40,495
  • Oct 16, 2007 10:43am Oct 16, 2007 10:43am
Quoting karmostaji
I opened a short @ 237.21

My TP is close to yours, but I'm being very careful.. don't want to lose any pips here
got out @ BE

seems retracement is coming, might grab some pips.. let's see
Trade what you see, not what you think.
  • #40,496
  • Oct 16, 2007 10:49am Oct 16, 2007 10:49am
Quoting PipChick
I wasnt talking about the fall. I was looking at the last 6 hours. A lot of whipsaw with the tic data.
It is just reflecting the uncertainty in the the stock market. A lot of nervous investors right now.
  • #40,497
  • Oct 16, 2007 10:50am Oct 16, 2007 10:50am
I think the dow is stopping us from falling more. I think if we get more downward pressure on the dow we may hit 236.25- 236.00 before NY close
May the pips be with you
  • #40,498
  • Oct 16, 2007 10:50am Oct 16, 2007 10:50am
break even @ 237.55

still riding the short myself...

So i am allllll alone now..

Not good for someone at my age.
  • #40,499
  • Oct 16, 2007 10:52am Oct 16, 2007 10:52am
I am still short two positions covered most....will try to sqeeze a few more pips out of these. But will watch close with tight SL's


May the Pips be With You
Quoting Bernanke_Sr
break even @ 237.55

still riding the short myself...

So i am allllll alone now..

Not good for someone at my age.
  • #40,500
  • Oct 16, 2007 10:54am Oct 16, 2007 10:54am
Quoting Bernanke_Sr
break even @ 237.55

still riding the short myself...

So i am allllll alone now..

Not good for someone at my age.
Don't worry, I am short too. I got back in after the spike up. The stock market usually rallies between 11 and 12 which gave us the spike up in GJ. I expect bearish stock market (and GJ) through the rest of the US session.
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