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

  • #44,501
  • Oct 25, 2007 7:40am Oct 25, 2007 7:40am
Quoting karmostaji
Bad news for USD, hmm DOW up or crash?!

Waiting for markam views :
  • #44,502
  • Oct 25, 2007 7:46am Oct 25, 2007 7:46am
Quoting VishalJ
Huh? If US news is bad.. UJ will go down.. and GJ too. Don't depend on GJ going up just because GU goes up. The correlation gets whacked all the time mate.
Thanks.. I closed my long at 234.50.. i`ll be waiting for the news
  • #44,503
  • Oct 25, 2007 7:47am Oct 25, 2007 7:47am
since asia time..down 100 pip.. up 200 pip.. down again 120 pip.. now up.. i wonder if anyone catched all those pips
  • #44,504
  • Oct 25, 2007 7:52am Oct 25, 2007 7:52am
Quoting karmostaji
Bad news for USD, hmm DOW up or crash?!
did u closed ur short karmo
Good judgment comes from experience, and experience comes from bad judgment
  • #44,505
  • Oct 25, 2007 7:52am Oct 25, 2007 7:52am
watch out for bearish engulfing candle on hourly chart (8 mins to go for candle to close)
Trade what you see, not what you think.
  • #44,506
  • Oct 25, 2007 7:52am Oct 25, 2007 7:52am
Quoting PonziFx
did u closed ur short karmo
not yet, it's open
Trade what you see, not what you think.
  • #44,507
  • Oct 25, 2007 7:56am Oct 25, 2007 7:56am
Btw, all home builders are posting losses - Pulte Homes posted a $1 billion loss.. quite massive. I don't think the DOW will take this nicely (it shouldn't!)
  • #44,508
  • Oct 25, 2007 7:57am Oct 25, 2007 7:57am
Oanda FXManager long trade is still open

234.17 1 position
234.22 1 position
  • #44,509
  • Oct 25, 2007 8:01am Oct 25, 2007 8:01am
closed short, i'll leave the crazy action for you guys, later
Trade what you see, not what you think.
  • #44,510
  • Oct 25, 2007 8:02am Oct 25, 2007 8:02am
MOM is pointing up on new one hour bar and on the 15min bar I am holding my long but watching it closely
  • #44,511
  • Oct 25, 2007 8:14am Oct 25, 2007 8:14am
goodnight ya'all

trade well and keep an eye on the pattern on 4hr 50ema/200ema--already almost rejected from 50ema.

my bias is actually bearish from here unless we get a close above 234.60 on 1/2hr to 1 hr candle.

nite nite
  • #44,512
  • Oct 25, 2007 8:18am Oct 25, 2007 8:18am
Unless the US home sales are really screwed, GJ is very much on it's way to 237 by Friday close
  • #44,513
  • Oct 25, 2007 8:19am Oct 25, 2007 8:19am
the market is watching us!!!!!!!!!
No cure for inevitability.....
  • #44,514
  • Oct 25, 2007 8:19am Oct 25, 2007 8:19am
Quoting Hakuna Matata
goodnight ya'all
good nite bro..
  • #44,515
  • Oct 25, 2007 8:21am Oct 25, 2007 8:21am
Quoting auslanco
Unless the US home sales are really screwed, GJ is very much on it's way to 238.10 by Friday close
Just remember that the dow jumped 200 points yesterday on a rumor of fed action. I expect that if the sales numbers are bad (and they will be), and we have no fed action (which we won't), the market will give up those 200 points pretty quickly.

This has the potential for being a bloody day in the market.
  • #44,516
  • Oct 25, 2007 8:21am Oct 25, 2007 8:21am
Quoting auslanco
Unless the US home sales are really screwed, GJ is very much on it's way to 237 by Friday close
Agreed Nite haku.. sleep tight with your stashed up pips hehe
  • #44,517
  • Oct 25, 2007 8:22am Oct 25, 2007 8:22am
Quoting karmostaji
closed short, i'll leave the crazy action for you guys, later
yehh me too.. I will have my long trade overnight. NY session is always a time waster see you everyone at Tokyo open
  • #44,518
  • Oct 25, 2007 8:24am Oct 25, 2007 8:24am
Quoting markam
Just remember that the dow jumped 200 points yesterday on a rumor of fed action. I expect that if the sales numbers are bad (and they will be), and we have no fed action (which we won't), the market will give up those 200 points pretty quickly.

This has the potential for being a bloody day in the market.
thanks for ruining my good night sleep Markam.
  • #44,519
  • Oct 25, 2007 8:26am Oct 25, 2007 8:26am
Quoting markam
Just remember that the dow jumped 200 points yesterday on a rumor of fed action. I expect that if the sales numbers are bad (and they will be), and we have no fed action (which we won't), the market will give up those 200 points pretty quickly.

This has the potential for being a bloody day in the market.
which won't happen due to political interest bernake will be force to sign more cheques...and build the deficit castle.
  • #44,520
  • Oct 25, 2007 8:27am Oct 25, 2007 8:27am
Quoting Syafi
Oanda FXManager long trade is still open

234.17 1 position
234.22 1 position
Long position 234.17 is closed @234.21.........

another position still open
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