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

  • #48,381
  • Nov 7, 2007 5:58am Nov 7, 2007 5:58am
Quoting Ash
Dow Futures currently 13540 (-150) points. I expect the Dow to open in the red.
And I damn well hope it stays in the red instead of giving fake wimpy rallies. GM's 39 billion $ loss can't be ignored.. 100$ oil, and the weakening $.. too many things.
  • #48,382
  • Nov 7, 2007 6:01am Nov 7, 2007 6:01am
[quote=gene22;1701992]Don't have a choice but to agree with you there, I'm running low on karmo's pateince pills though, it is really testing my patience, I have minor time points tomorrow and the next day coming up, overall still biased on the main fall starting next friday 16th.

Hope somebody read this yesterday
  • #48,383
  • Nov 7, 2007 6:02am Nov 7, 2007 6:02am
next support level is 237
Trade what you see, not what you think.
  • #48,384
  • Nov 7, 2007 6:03am Nov 7, 2007 6:03am
Quoting VishalJ
And I damn well hope it stays in the red instead of giving fake wimpy rallies. GM's 39 billion $ loss can't be ignored.. 100$ oil, and the weakening $.. too many things.
I am counting on it.
Humble Lifetime Member
  • #48,385
  • Nov 7, 2007 6:04am Nov 7, 2007 6:04am
[quote=gene22;1703281]
Quoting gene22
Don't have a choice but to agree with you there, I'm running low on karmo's pateince pills though, it is really testing my patience, I have minor time points tomorrow and the next day coming up, overall still biased on the main fall starting next friday 16th.

Hope somebody read this yesterday
Yes I remember Gene.
Humble Lifetime Member
  • #48,386
  • Nov 7, 2007 6:10am Nov 7, 2007 6:10am
watch out for 112 on the yen, when we get there it woild be wise to take some profits off the table and wait for reentry
  • #48,387
  • Nov 7, 2007 6:19am Nov 7, 2007 6:19am
Quoting gene22
watch out for 112 on the yen, when we get there it woild be wise to take some profits off the table and wait for reentry
Even 112.50 should put up quite a fight, what do you think? The nonfarm productivity numbers should be +ve (cooked or real) and would provide support for UJ in the short term.

I remember when DOW was in the red because of citibank, and other bank issues.. and then ISM came out +ve and the markets jumped up.
  • #48,388
  • Nov 7, 2007 6:20am Nov 7, 2007 6:20am
this "lady" could burn your house and take your money.... if you have no position stay away or enter short in any retracement

...can retrace? yes, but also remember some days g/y run 400/500 pips....

JMHO
  • #48,389
  • Nov 7, 2007 6:29am Nov 7, 2007 6:29am
Quoting VishalJ
Even 112.50 should put up quite a fight, what do you think? The nonfarm productivity numbers should be +ve (cooked or real) and would provide support for UJ in the short term.

I remember when DOW was in the red because of citibank, and other bank issues.. and then ISM came out +ve and the markets jumped up.
Don't think so, no technical significance there, would be very short lived, let's get to 235 today, then I expect a significant bounce
  • #48,390
  • Nov 7, 2007 6:30am Nov 7, 2007 6:30am
Quoting VishalJ
Even 112.50 should put up quite a fight, what do you think? The nonfarm productivity numbers should be +ve (cooked or real) and would provide support for UJ in the short term.

I remember when DOW was in the red because of citibank, and other bank issues.. and then ISM came out +ve and the markets jumped up.
True, but I'm not worried. I am riding this one down. I have a short on UY from 115.75 since 11/01.

What we need is some British and EC member to slightly open their mouths and to drive GU and EU down along with UY or even better yet, we need President Bush to say something, something along the lines of "slip of the tongue".
Humble Lifetime Member
  • #48,391
  • Nov 7, 2007 6:31am Nov 7, 2007 6:31am
Where is my buddy Bear, Markam?
Humble Lifetime Member
  • #48,392
  • Nov 7, 2007 6:38am Nov 7, 2007 6:38am
Closed at 237.21. Not bad for an evenings work!
Has what you wanted to see made you blind?
  • #48,393
  • Nov 7, 2007 6:47am Nov 7, 2007 6:47am
karmo, seeing any reversal?
  • #48,394
  • Nov 7, 2007 6:49am Nov 7, 2007 6:49am
Quoting alanz76
karmo, seeing any reversal?
yep but still waiting for more signals, so patience.
Trade what you see, not what you think.
  • #48,395
  • Nov 7, 2007 6:54am Nov 7, 2007 6:54am
Quoting karmostaji
yep but still waiting for more signals, so patience.
thanks...need to buy you patience pill one bulk....
  • #48,396
  • Nov 7, 2007 7:04am Nov 7, 2007 7:04am
Just a quick one chaps...

Can someone confirm my QQE and GANN setup looks OK in comparsion to what everyone else is seeing.

Attached Image


Thanks

Jeff...
  • #48,397
  • Nov 7, 2007 7:05am Nov 7, 2007 7:05am
new 4hr candle momentum on VT is Bullish.. i'm catching the north bound train
  • #48,398
  • Nov 7, 2007 7:09am Nov 7, 2007 7:09am
Quoting FXStudent
new 4hr candle momentum on VT is Bullish.. i'm catching the north bound train
I wish you luck my friend, I prefere to watch this train go by
  • #48,399
  • Nov 7, 2007 7:10am Nov 7, 2007 7:10am
Quoting webdevjeff
Just a quick one chaps...

Can someone confirm my QQE and GANN setup looks OK in comparsion to what everyone else is seeing.

Attachment

Thanks

Jeff...
hi jeff, nearly the same, main diferance is my 4h qqe just below 50. yours shows way past 50
  • #48,400
  • Nov 7, 2007 7:14am Nov 7, 2007 7:14am
Quoting bill77
hi jeff, nearly the same, main diferance is my 4h qqe just below 50. yours shows way past 50
Thanks Bill

My settings are set up on smoothing 5 and timeframe 240, thought this was correct?

Jeff...
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