assalamualaikom karmo..may you have a good refresh today..and may green pips be with you....and all of us here...hehehehhehe
Trade what you see, not what you think.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #47,961
- Nov 5, 2007 9:25pm Nov 5, 2007 9:25pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
- #47,963
- Nov 5, 2007 9:44pm Nov 5, 2007 9:44pm
- | Joined Oct 2007 | Status: Trader | 1,236 Posts
"Timing Is Everything. Really I Swear It Is"
- #47,967
- Nov 5, 2007 10:10pm Nov 5, 2007 10:10pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #47,968
- Nov 5, 2007 10:17pm Nov 5, 2007 10:17pm
Any 15min candle close over 238.40 opens the door higher...
BTW Fxstman. Check out Constance Brown for an introductory book. Her website is aeroinvest.com. Her first book for noobs is Outstanding. Good luck
- #47,969
- Nov 5, 2007 10:18pm Nov 5, 2007 10:18pm
- Joined Jul 2007 | Status: Following The Trade Winds | 8,442 Posts
- #47,970
- Nov 5, 2007 10:28pm Nov 5, 2007 10:28pm
- Joined Nov 2006 | Status: Trader | 3,112 Posts
I don't now if you guys have heard of LEAP2020. It is a european think tank that issues various predictions on upcoming political/economic issues. I haven't been willing to spend 200 euros/year to subscribe, but supposedly they have been very accurate in their predictions.
Last month, they issued a bulletin which mapped out what they expect over the next two years. Here is a summary of their expected events. Remember, this is all in the next 2 years.
Sequence 1 - US debts infect the financial planet: A century after the « Russian loans”, meet the “American debts”!
Sequence 2 - Stock market collapse, in Asia and the US mainly: between - 60% and -30% in two years according to the regions
Sequence 3 - Bursting of global housing bubbles: UK, Spain, France and emerging countries
Sequence 4 - Monetary storm: Volatility at the highest / USD at the lowest
Sequence 5 - Global economy in stagflation: Recessflation in the US, soft growth in Europe, recession
Sequence 6 - « Very Great Depression » in the US, social unrest and the militaries' growing influence on public affairs
Sequence 7 - Major acceleration in world's strategic rebuilding, attacks on Iran, Israel on the brink, Mid-eastern chaos, energy crisis
That sequence of events sounds an awful lot like the predictions of a certain bear on this forum.
Last month, they issued a bulletin which mapped out what they expect over the next two years. Here is a summary of their expected events. Remember, this is all in the next 2 years.
Sequence 1 - US debts infect the financial planet: A century after the « Russian loans”, meet the “American debts”!
Sequence 2 - Stock market collapse, in Asia and the US mainly: between - 60% and -30% in two years according to the regions
Sequence 3 - Bursting of global housing bubbles: UK, Spain, France and emerging countries
Sequence 4 - Monetary storm: Volatility at the highest / USD at the lowest
Sequence 5 - Global economy in stagflation: Recessflation in the US, soft growth in Europe, recession
Sequence 6 - « Very Great Depression » in the US, social unrest and the militaries' growing influence on public affairs
Sequence 7 - Major acceleration in world's strategic rebuilding, attacks on Iran, Israel on the brink, Mid-eastern chaos, energy crisis
That sequence of events sounds an awful lot like the predictions of a certain bear on this forum.
- #47,971
- Nov 5, 2007 10:43pm Nov 5, 2007 10:43pm
- | Joined Dec 2006 | Status: Trader | 1,556 Posts
I don't now if you guys have heard of LEAP2020. It is a european think tank that issues various predictions on upcoming political/economic issues. I haven't been willing to spend 200 euros/year to subscribe, but supposedly they have been very accurate in their predictions.
Last month, they issued a bulletin which mapped out what they expect over the next two years. Here is a summary of their expected events. Remember, this is all in the next 2 years.
Sequence 1 - US debts infect the financial planet: A century after the « Russian loans”, meet the “American debts”!
Sequence 2 - Stock market collapse, in Asia and the US mainly: between - 60% and -30% in two years according to the regions
Sequence 3 - Bursting of global housing bubbles: UK, Spain, France and emerging countries
Sequence 4 - Monetary storm: Volatility at the highest / USD at the lowest
Sequence 5 - Global economy in stagflation: Recessflation in the US, soft growth in Europe, recession
Sequence 6 - « Very Great Depression » in the US, social unrest and the militaries' growing influence on public affairs
Sequence 7 - Major acceleration in world's strategic rebuilding, attacks on Iran, Israel on the brink, Mid-eastern chaos, energy crisis
That sequence of events sounds an awful lot like the predictions of a certain bear on this forum.
M2B
- #47,972
- Nov 5, 2007 10:46pm Nov 5, 2007 10:46pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
We just completed a daily retrace to 5sma and 61.8% retrace of yesterday downward move, and price is close to the descending trendline + 100sma (1h TF), London should tell us the direction of the day.
http://img292.imageshack.us/img292/3866/gjxm5.gif
Trade what you see, not what you think.
- #47,974
- Nov 5, 2007 10:51pm Nov 5, 2007 10:51pm
We touched the 38.2% fibo (green) and just now price has come back and touched 23.6%, hmm, 50% (235.80) next?
http://img292.imageshack.us/img292/3866/gjxm5.gif
- #47,975
- Nov 5, 2007 10:53pm Nov 5, 2007 10:53pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
I didn't see it on your chart, Karmo, but I know you also mentioned it a few posts above. Price also just did a virtual touch of the 1H 100SMA.
M2B
have u jumped in short?
Trade what you see, not what you think.
- #47,976
- Nov 5, 2007 10:56pm Nov 5, 2007 10:56pm
I don't now if you guys have heard of LEAP2020. It is a european think tank that issues various predictions on upcoming political/economic issues. I haven't been willing to spend 200 euros/year to subscribe, but supposedly they have been very accurate in their predictions.
Last month, they issued a bulletin which mapped out what they expect over the next two years. Here is a summary of their expected events. Remember, this is all in the next 2 years.
Sequence 1 - US debts infect the financial planet: A century after the « Russian loans”, meet the “American debts”!
Sequence 2 - Stock market collapse, in Asia and the US mainly: between - 60% and -30% in two years according to the regions
Sequence 3 - Bursting of global housing bubbles: UK, Spain, France and emerging countries
Sequence 4 - Monetary storm: Volatility at the highest / USD at the lowest
Sequence 5 - Global economy in stagflation: Recessflation in the US, soft growth in Europe, recession
Sequence 6 - « Very Great Depression » in the US, social unrest and the militaries' growing influence on public affairs
Sequence 7 - Major acceleration in world's strategic rebuilding, attacks on Iran, Israel on the brink, Mid-eastern chaos, energy crisis
That sequence of events sounds an awful lot like the predictions of a certain bear on this forum.
Markam do you trade from your secret underground bunker?
On a serious note, that is all very unnerving.
- #47,977
- Nov 5, 2007 10:57pm Nov 5, 2007 10:57pm
- | Joined Dec 2006 | Status: Trader | 1,556 Posts
It's there, the black MA
M2B
- #47,978
- Nov 5, 2007 10:58pm Nov 5, 2007 10:58pm
I absolutely love Markam's posts, he is like our very own Chicken Little. And I mean that in the nicest possible way bro
Markam do you trade from your secret underground bunker?
On a serious note, that is all very unnerving.
- #47,980
- Nov 5, 2007 11:00pm Nov 5, 2007 11:00pm
We touched the 38.2% fibo (green) and just now price has come back and touched 23.6%, hmm, 50% (235.80) next?
