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

  • #44,121
  • Oct 24, 2007 4:16pm Oct 24, 2007 4:16pm
through the second barrier on the way down.
  • #44,122
  • Oct 24, 2007 4:16pm Oct 24, 2007 4:16pm
Quoting brok
Lol... I guess you skip one of the rules, if you hang around the market will not move
Darn...you remember me..lol.. always happens when I am around. I am sooo not cool huh..lol

Man I don't know if it is a good thing or bad thing being remembered now..
  • #44,123
  • Oct 24, 2007 4:19pm Oct 24, 2007 4:19pm
Quoting markam
through the second barrier on the way down.
Hey markam,
What are your barriers?
  • #44,124
  • Oct 24, 2007 4:20pm Oct 24, 2007 4:20pm
Quoting kevinsw
Darn...you remember me..lol.. always happens when I am around. I am sooo not cool huh..lol

Man I don't know if it is a good thing or bad thing being remembered now..

Maybe you will be a good luck charm tonight.
  • #44,125
  • Oct 24, 2007 4:23pm Oct 24, 2007 4:23pm
mornin' traders

bias for today is bearish for both g/j and g/u and the weather is a bit gloomy, with few showers throughout the day here in Sydney --
  • #44,126
  • Oct 24, 2007 4:24pm Oct 24, 2007 4:24pm
G/J is moved back into the downward channel.

Looks like it could go down more and create a new low.
  • #44,127
  • Oct 24, 2007 4:25pm Oct 24, 2007 4:25pm
Quoting rodders
Hey markam,
What are your barriers?
I am just looking as spots where it paused on the way up. The next one is 233.5.

I am mostly just playing around. I don't feel confident that we will be bearish tonight. However, I placed a little (.2 lot order) that I will let run either until it hits the stop or until it hits 210. Since my stop is at breakeven, I will either make nothing or ~$4000 (minus interest).
  • #44,128
  • Oct 24, 2007 4:26pm Oct 24, 2007 4:26pm
Quoting auslanco
Here's every this you need to know about the chart patterns(except harmonic):


Lesson 1
http://www.autochartistuniversity.com/intro-access.html

Lesson 2

http://www.autochartistuniversity.co...tmfsetups.html

Lesson 3

http://www.autochartistuniversity.co...-dyoscans.html

Lesson 4
http://www.autochartistuniversity.co...-autoread.html

Lesson 5

http://www.autochartistuniversity.co...rpatterns.html

I guess Auslanco had a hunch I was due to show up and gave us this homework to keep us from being bored tonight? lol
  • #44,129
  • Oct 24, 2007 4:28pm Oct 24, 2007 4:28pm
Quoting markam
I am just looking as spots where it paused on the way up. (minus interest).
Nice! Thank you!
  • #44,130
  • Oct 24, 2007 4:31pm Oct 24, 2007 4:31pm
Bank of America Announces Plans to Cut 3,000 Jobs, 1 Week After Reporting Poor 3Q Results
  • #44,131
  • Oct 24, 2007 4:32pm Oct 24, 2007 4:32pm
Quoting uncleforex
Bank of America Announces Plans to Cut 3,000 Jobs, 1 Week After Reporting Poor 3Q Results

I am sure that they could just cut the salaries of the top 10 people in half and keep all 3000 of those employees.
  • #44,132
  • Oct 24, 2007 4:33pm Oct 24, 2007 4:33pm
Quoting uncleforex
Bank of America Announces Plans to Cut 3,000 Jobs, 1 Week After Reporting Poor 3Q Results
Another one...

Washington Mutual Inc., the biggest U.S. savings and loan, said third-quarter net income fell about 75 percent because of ``a weakening housing market and disruptions in the secondary market.''
  • #44,133
  • Oct 24, 2007 4:42pm Oct 24, 2007 4:42pm
Quoting greenfrog
I was wondering when you get a chance, could you respond to my PM? Keep up the good work.

Thanks again,

Greenfrog
replied
  • #44,134
  • Oct 24, 2007 4:44pm Oct 24, 2007 4:44pm
Could be a bad day in japan

Quote
TOKYO, Oct 25 (Reuters) - Orders for Japanese stocks placed through 13 foreign securities houses before the start of trade on Thursday showed an intention to sell a net 8.5 million shares, market sources said.
  • #44,135
  • Oct 24, 2007 4:47pm Oct 24, 2007 4:47pm
Quoting markam
Could be a bad day in japan
I wonder if the Japanese markets have a plunge protection team heh.
  • #44,136
  • Oct 24, 2007 4:49pm Oct 24, 2007 4:49pm
Difficult trading today.....I'm long and down some pips....waiting for the update.....I sure appreciate the education I'm getting from this thread...You guys rock!
  • #44,137
  • Oct 24, 2007 4:50pm Oct 24, 2007 4:50pm
15min strategy:

we are getting a short trade when 15min QQE60 cross down.
  • #44,138
  • Oct 24, 2007 4:53pm Oct 24, 2007 4:53pm
3 hours ago everyone was going for longs.........now it doesn't look good.
  • #44,139
  • Oct 24, 2007 4:54pm Oct 24, 2007 4:54pm
Quoting uncleforex
3 hours ago everyone was going for longs.........now it doesn't look good.

ummm.. not me. I'm out until 15min QQE60 cross down.
  • #44,140
  • Oct 24, 2007 4:55pm Oct 24, 2007 4:55pm
Yen Rises for a Second day Before U.S. New Home Sales Report

Reference: http://www.bloomberg.com/apps/news?p...RMY&refer=home
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