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

  • #49,701
  • Nov 12, 2007 4:34am Nov 12, 2007 4:34am
Quoting auslanco
Nah..

CABLE AT SESSION LOWS ON CHATTER OF EAST LONDON EXPLOSION, FIRE REPORTED NEAR WHAREHOUSE IN STRATFORD
- Circumstances surrounding the event are not disclosed at this time
<GBP/JPY EUR/USD>
Yeah I read that one.. more bad news for pound. I feel that HSBC on Wednesday will report even more losses (mkts expecting 1 billion $) If they come out with much more like Citi did.. expect fireworks.
  • #49,702
  • Nov 12, 2007 4:40am Nov 12, 2007 4:40am
Quoting intelmaster
hi bro,

this has dropped over 500 pips from the past couple of hours..

what's your take on the NY trading?
do you expect a major retracement sometime soon?
Hmm.. My Pluto analysis says it will go up. But Neptune wants to go down. Lets see what Mars will do


By the way.. I'm out until tomorrow.
  • #49,703
  • Nov 12, 2007 4:40am Nov 12, 2007 4:40am
Quoting VishalJ
Yeah I read that one.. more bad news for pound. I feel that HSBC on Wednesday will report even more losses (mkts expecting 1 billion $) If they come out with much more like Citi did.. expect fireworks.
yeah, I was reading the same thing.
Humble Lifetime Member
  • #49,704
  • Nov 12, 2007 4:40am Nov 12, 2007 4:40am
Wow what a move. Its scaring me. I mean I can't even short it cause a retracement would be huge as well. Im sure to short it for the weekly H&S but I dont have any clue of a good entry after such big move. What area do you guys re-enter after such movements? 5sma, 50% or 38%?
  • #49,705
  • Nov 12, 2007 4:42am Nov 12, 2007 4:42am
Quoting auslanco
Hmm.. My Pluto analysis says it will go up. But Neptune wants to go down. Lets see what Mars will do


By the way.. I'm out until tomorrow.
Aus - Is that bacause of the US holiday or you just taking some quality time?
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #49,706
  • Nov 12, 2007 4:43am Nov 12, 2007 4:43am
Quoting intelmaster
hi bro,

this has dropped over 500 pips from the past couple of hours..

what's your take on the NY trading?
do you expect a major retracement sometime soon?
There is no new york trading today.
  • #49,707
  • Nov 12, 2007 4:43am Nov 12, 2007 4:43am
Quoting Lemonjam
Wow what a move. Its scaring me. I mean I can't even short it cause a retracement would be huge as well. Im sure to short it for the weekly H&S but I dont have any clue of a good entry after such big move. What area do you guys re-enter after such movements? 5sma, 50% or 38%?
I've personally been shorting at 5SMA retracements.. that is, if they ever take place!
  • #49,708
  • Nov 12, 2007 4:43am Nov 12, 2007 4:43am
Quoting @40
Aus, where is your journal?
http://www.forexfactory.com/showthre...78#post1710578
  • #49,709
  • Nov 12, 2007 4:43am Nov 12, 2007 4:43am
Huge plume of smoke rises over London; source unknown
cnn.com
  • #49,710
  • Nov 12, 2007 4:45am Nov 12, 2007 4:45am
right.. its a holiday.. thanks for reminding bro!

and thanks to you auscalano too, seeya tomorrow~!

Quoting markam
There is no new york trading today.
  • #49,711
  • Nov 12, 2007 4:47am Nov 12, 2007 4:47am
What time frames usually?

Quoting VishalJ
I've personally been shorting at 5SMA retracements.. that is, if they ever take place!
  • #49,712
  • Nov 12, 2007 4:51am Nov 12, 2007 4:51am
would dow be open today ? cos the future is on ... and this pair follows the future ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #49,713
  • Nov 12, 2007 4:52am Nov 12, 2007 4:52am
Quoting Ash
yeah, I was reading the same thing.

Hi Ash, are you from the US of A or do I know you .....
May the Pips be with You Let's Pimp some Pips!
  • #49,714
  • Nov 12, 2007 4:53am Nov 12, 2007 4:53am
anyone can give me a site a link where i can have a good idea about sma
thank u
  • #49,715
  • Nov 12, 2007 4:55am Nov 12, 2007 4:55am
Quoting maheswara
would dow be open today ? cos the future is on ... and this pair follows the future ...
No. NY Stock market is closed today. Period.
  • #49,716
  • Nov 12, 2007 4:55am Nov 12, 2007 4:55am
Hakuna Matata

Many thanks for your analysis. I admire your projections. Although i could not get most of the move, your analysis and targets were perfect. Thank you

Fer
  • #49,717
  • Nov 12, 2007 5:00am Nov 12, 2007 5:00am
Quoting RookieJookie
Hi Ash, are you from the US of A or do I know you .....
yes I am from the US of A. I presume from your profile, your in Singapore. , I don't know anyone in Singapore? If you think that I am who I am, then send me a private message.
Humble Lifetime Member
  • #49,718
  • Nov 12, 2007 5:20am Nov 12, 2007 5:20am
Quoting Lemonjam
What time frames usually?
I got small shorts on 15 min retraces (although they were rare) and one big one on a 4 hr retrace.

I'm a little reluctant to short/long anymore.. as the NY markets are closed. Trading in thin markets - not an ideal situation to trade as even a relatively small order (placed by an institution) can make this go up/down.
  • #49,719
  • Nov 12, 2007 5:22am Nov 12, 2007 5:22am
Quoting maheswara
would dow be open today ? cos the future is on ... and this pair follows the future ...
Yes, DOW will be open today.. it's weird.. most financial inst. are closed.. post office is closed, etc.. but DOW is open

Could be a lot of volatility
  • #49,720
  • Nov 12, 2007 5:31am Nov 12, 2007 5:31am
yep.. we could see it crash down again like friday.. we will soon know :-)
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