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

  • #47,081
  • Nov 2, 2007 6:29am Nov 2, 2007 6:29am
Quoting alanz76
i might let us to long during the NFP...hehehe...who knows?
NFP will make this pair go both ways and slaughter a lot of traders, I'll just sit and watch but I expect up first and then down.

The trade during such news is NO TRADE
Trade what you see, not what you think.
  • #47,082
  • Nov 2, 2007 6:32am Nov 2, 2007 6:32am
Quoting karmostaji
NFP will make this pair go both ways and slaughter a lot of traders, I'll just sit and watch but I expect up first and then down.

The trade during such news is NO TRADE

yehh.. I usually feed my dog during the NFP release. Since I dont have a dog here, I may enjoy the sunset with a nice cuban cigar.
  • #47,083
  • Nov 2, 2007 6:33am Nov 2, 2007 6:33am
Quoting auslanco
yehh.. I usually feed my dog during the NFP release. Since I dont have a dog here, I may enjoy the sunset with a nice cuban cigar.
Cohiba Churchil anyone ??
  • #47,084
  • Nov 2, 2007 6:41am Nov 2, 2007 6:41am
Quoting karmostaji
NFP will make this pair go both ways and slaughter a lot of traders, I'll just sit and watch but I expect up first and then down.

The trade during such news is NO TRADE
i might stay on long and let tp 240.or lower little bit...when i get back hopes its . ...otherwise...zzzzzzzz.
  • #47,085
  • Nov 2, 2007 6:42am Nov 2, 2007 6:42am
Quoting auslanco
yehh.. I usually feed my dog during the NFP release. Since I dont have a dog here, I may enjoy the sunset with a nice cuban cigar.
If you get a chance, i have sent you a pm.
  • #47,086
  • Nov 2, 2007 6:43am Nov 2, 2007 6:43am
I'm out with Longs.. -8 pips..
I may re-enter after the NFP
  • #47,087
  • Nov 2, 2007 6:48am Nov 2, 2007 6:48am
Friday, November 2nd, 2007 (8:30 a.m. New York Time) USA
Then at 8:30 a.m. New York time we will have U.S. Non-Farm Payroll coming out. It is expected to come out at 82 K. If it reads 120 K or more, that would be even better reading than last month, and it would signify a relatively OK employment market in the U.S., and we may see GBP/USD going down by 50 pips or more in the first 30 minutes of the report. On the other hand, if it reads 40 K or below, I think based on that GBP/USD may possibly go up 50 pips or more in the first 30 minutes of the report because that would be bad for the U.S. dollar.

SUMMARY:
* Report: U.S. Non-Farm Payroll
* Sell on GBP/USD if the number will be 120 K or more
* Buy on GBP/USD if the number will be 40 K or worse
* If the trigger is hit, expect 50 pips or more in the 30 minutes of the report.

For both of these indicators I would wait for the spike, and try to get in after the spike - probably within 15 pips of the pre-release price unless the deviation is bigger.
  • #47,088
  • Nov 2, 2007 6:55am Nov 2, 2007 6:55am
Quoting auslanco
I'm out with Longs.. -8 pips..
I may re-enter after the NFP
out +10. was hoping for a push up between 7-8am est but it didnt happen. thought if i could get up +40-50 before nfp i would move stop to +10 and let it ride but oh well, check back at 8:45am est
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #47,089
  • Nov 2, 2007 6:56am Nov 2, 2007 6:56am
sooo
you all depend on ME and what i will explain the world... I wonder what kind of numbers should i tell the press... how does 140 k sound? or a suprise -4k like few months ago...

better make up my mind.. i have only 30 more minutes.
  • #47,090
  • Nov 2, 2007 6:56am Nov 2, 2007 6:56am
Quoting gene22
Zoran, how are you, ok, it's official i said it first, divergence to price on the Jp/us price target 113.75-80, lol, just messing with you.
Since we come to similar conclusions, I might take a back seat and just trade your analysis from now on. Make sure you don't get it wrong!
  • #47,091
  • Nov 2, 2007 7:04am Nov 2, 2007 7:04am
This was 1 hell of a GUESSWORK for a SHARLATAN

EG

PS. It not only held a bucket of water. It harvested Pips on my LIVE ACCOUNT.
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  • #47,092
  • Nov 2, 2007 7:10am Nov 2, 2007 7:10am
I thought you wouldn't see through my ploy to actually do the same but only with your analyses. Now that you've managed to expose me I'll have reavaluate the curent scenario and see what's the best RR
  • #47,093
  • Nov 2, 2007 7:10am Nov 2, 2007 7:10am
nfp hasn't been the market mover it once was, we may get 50 up and 50 down then range. on the other hand our economy hasn't been this bad in a long time so if the numbers exceedingly low/high this could be huge and possibly set the tone for next week, IMO.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #47,094
  • Nov 2, 2007 7:21am Nov 2, 2007 7:21am
alright aus,

i know you are taking a position right before nfp probably gbp/usd, now give it up , u long or short?
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #47,095
  • Nov 2, 2007 7:25am Nov 2, 2007 7:25am
Quoting el grande
This was 1 hell of a GUESSWORK for a SHARLATAN

EG

PS. It not only held a bucket of water. It harvested Pips on my LIVE ACCOUNT.
Ohh Googy, Ok you've manged to count a little wave here, read my post! I got upset because you through out numbers like 245, 247. Ok pehaps you do have knowledge, I asked you to explain the BIGGER picture, not this punie wave. Perhaps I'm wrong I'll be the first to admit it, how about a count from 251?! It would be educational to everyone here, let's see it.
If I'm out of line I'll publicly appologize, right now lets see the chart with the count, and if you can't produce it then stop this nonsense.
  • #47,096
  • Nov 2, 2007 7:29am Nov 2, 2007 7:29am
Quoting moneymagnet
alright aus,

i know you are taking a position right before nfp probably gbp/usd, now give it up , u long or short?
LOL.. short on GU
  • #47,097
  • Nov 2, 2007 7:35am Nov 2, 2007 7:35am
Quoting auslanco
LOL.. short on GU
i knew it. LOL. picked up 34 and closed
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #47,098
  • Nov 2, 2007 7:36am Nov 2, 2007 7:36am
price going up like expected, and then we go down in a while
Trade what you see, not what you think.
  • #47,099
  • Nov 2, 2007 7:37am Nov 2, 2007 7:37am
Quoting moneymagnet
i knew it. LOL. picked up 34 and closed
Yehh mine 50 TP hit
  • #47,100
  • Nov 2, 2007 7:39am Nov 2, 2007 7:39am
Quoting karmostaji
price going up like expected, and then we go down in a while

not today bro.. Daily Mom was bullish from the start of the Daily candle.. News just helped the today's momentum. Fall from monday.. hopefully.
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