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

  • #52,261
  • Nov 29, 2007 4:26am Nov 29, 2007 4:26am
Donīt tell me we are the only 2 poor souls who are still waiting???
  • #52,262
  • Nov 29, 2007 4:28am Nov 29, 2007 4:28am
Quoting cancunkev
Donīt tell me we are the only 2 poor souls who are still waiting???
Im still waiting though.

Majority of traders here prefer to be silent...
  • #52,263
  • Nov 29, 2007 4:32am Nov 29, 2007 4:32am
I know...

I just wanted some fellow "shorters" to give a shout. It got pretty lonely in here the last 45 minutes or so
  • #52,264
  • Nov 29, 2007 4:33am Nov 29, 2007 4:33am
i am not understanding why some are thinking a U S selloff is coming. IMO wall street is looking for any reason to drive the DOW up and try to finish the week strong. if we have a GDP as expected and the housing numbers are not that off i see the market being bullish today. even bad hoiusing numbers may not drive the DOW down, they already know we are in a housing crunch and it actually may drive the market up further with the expectation of another rate cut in december, just my 2 pips
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #52,265
  • Nov 29, 2007 4:37am Nov 29, 2007 4:37am
Quoting moneymagnet
i am not understanding why some are thinking a U S selloff is coming. IMO wall street is looking for any reason to drive the DOW up and try to finish the week strong. if we have a GDP as expected and the housing numbers are not that off i see the market being bullish today. even bad hoiusing numbers may not drive the DOW down, they already know we are in a housing crunch and it actually may drive the market up further with the expectation of another rate cut in december, just my 2 pips
Unless GDP comes in at some ungodly number like under 3%
Patience + Humility + Study = Success
  • #52,266
  • Nov 29, 2007 4:38am Nov 29, 2007 4:38am
I do see the dow closing higher, but I think the US market will kick off lower and perhaps stay in the red through the early morning hours as it digests the housing numbers and then rally to close a few hundred points up.
  • #52,267
  • Nov 29, 2007 4:39am Nov 29, 2007 4:39am
im with u moneymagnet..will long once that pivot is broken above..there is already a doji on the 50%retracement area on the 1hour chart...
  • #52,268
  • Nov 29, 2007 4:45am Nov 29, 2007 4:45am
Small bit of news that may drive oil up. Major piple line explosion in Minnesota. Main line out of canada (36") thats carries 2million barrels per day that is not replaceable happened early this morning. Will most likely be down for about 2 weeks. There are a couple of small lines that will be pressed into action but they can only bring 650 thousand. Leaves us a bit short. Think this could drive oil up and the DOW down?
  • #52,269
  • Nov 29, 2007 4:47am Nov 29, 2007 4:47am
Quoting uncleforex
Based on what? Stop making this kind of calls.
If you had read his previous posts you would see this guy definately had it right the past couple of days.
  • #52,270
  • Nov 29, 2007 4:58am Nov 29, 2007 4:58am
Just got home, closed my shorts.. might go long very soon.
Trade what you see, not what you think.
  • #52,271
  • Nov 29, 2007 5:01am Nov 29, 2007 5:01am
Quoting karmostaji
Just got home, closed my shorts.. might go long very soon.
Ok I'm long from here, new 4h momentum on VT supports long and we've got to see what the DOW does today.

Good luck to me.
Trade what you see, not what you think.
  • #52,272
  • Nov 29, 2007 5:05am Nov 29, 2007 5:05am
Quoting karmostaji
Ok I'm long from here, new 4h momentum on VT supports long and we've got to see what the DOW does today.

Good luck to me.
best wishes to u in ur long n everybodys long (coz im long too lol)
  • #52,273
  • Nov 29, 2007 5:08am Nov 29, 2007 5:08am
ve been long like 10min ago..wishin myself too good luck..all my chart analysis supports long
  • #52,274
  • Nov 29, 2007 5:11am Nov 29, 2007 5:11am
Quoting karmostaji
Ok I'm long from here, new 4h momentum on VT supports long and we've got to see what the DOW does today.

Good luck to me.

what's ur sl? what's ur tp? how many lots? tell me!! tell me!! tell me. just kiddin' w/u karm. just wanted to get that out of the way before u were bombarded. lol. i will gladly join u in a long position once i see a close above my 50 ema or 227.40 area, if u don't mind the company!
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #52,275
  • Nov 29, 2007 5:15am Nov 29, 2007 5:15am
Quoting moneymagnet
what's ur sl? what's ur tp? how many lots? tell me!! tell me!! tell me. just kiddin' w/u karm. just wanted to get that out of the way before u were bombarded. lol. i will gladly join u in a long position once i see a close above my 50 ema or 227.40 area, if u don't mind the company!
LOL no problem, hmm price on my chart is above the 50ema and you can also see how the TL is supporting as well. Plus we had the lovely 50% retracement from yesterdays bull-run.

http://img266.imageshack.us/img266/8058/gjxt1.gif
Trade what you see, not what you think.
  • #52,276
  • Nov 29, 2007 5:18am Nov 29, 2007 5:18am
Quoting moneymagnet
what's ur sl? what's ur tp? how many lots? tell me!! tell me!! tell me. just kiddin' w/u karm. just wanted to get that out of the way before u were bombarded. lol. i will gladly join u in a long position once i see a close above my 50 ema or 227.40 area, if u don't mind the company!
yea, the 15min 50ema is sitting right on top of the ny session pivot (227.53) so breaking through that area of resistance should be good confirmation.
  • #52,277
  • Nov 29, 2007 5:22am Nov 29, 2007 5:22am
Quoting karmostaji
LOL no problem, hmm price on my chart is above the 50ema and you can also see how the TL is supporting as well. Plus we had the lovely 50% retracement from yesterdays bull-run.

http://img266.imageshack.us/img266/8058/gjxt1.gif
15min 50 ema
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #52,278
  • Nov 29, 2007 5:23am Nov 29, 2007 5:23am
ok shorts closed...long at 226.91
  • #52,279
  • Nov 29, 2007 5:25am Nov 29, 2007 5:25am
Quoting moneymagnet
15min 50 ema
Oh, my bad. Yep a close above that is usually a good confirmation
Trade what you see, not what you think.
  • #52,280
  • Nov 29, 2007 5:26am Nov 29, 2007 5:26am
Has to touch 50 % fib retracement at 225.31 first, b4 going north!
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