hi lowell! happy new year! i saw you on skunny thread... seems you have a grasp of fibs he is teaching i would be grateful to you if you would post HERE on aus thread with your "skunny" fib charts and analysis....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #56,802
- Jan 1, 2008 5:09pm Jan 1, 2008 5:09pm
- | Membership Revoked | Joined Sep 2007 | 4,407 Posts
Look as though it's already starting "to bounce"
http://www.forex-markets.com/quotes_crossrates.htm
- #56,807
- Jan 1, 2008 5:43pm Jan 1, 2008 5:43pm
hi lowell! happy new year! i saw you on skunny thread... seems you have a grasp of fibs he is teaching i would be grateful to you if you would post HERE on aus thread with your "skunny" fib charts and analysis....
I still have too much to learn anyway.
- #56,808
- Jan 1, 2008 6:20pm Jan 1, 2008 6:20pm
- Joined Sep 2006 | Status: Collector | 9,833 Posts
My broker doesnt open till 1am est. But on Real-time forex quotes, it shows the bid as 222.25. I dontknow how accurate it is tho.
http://www.forex-markets.com/quotes_crossrates.htm
Happy New Year to all
I have the lowes price @ 220.33 from last year
The price retraced up to 222.85 this morning in Sydney Session, but now is heading down (currently 222.03)
I am using pacific trader Australian SAXO white label - > I think
- #56,809
- Jan 1, 2008 6:35pm Jan 1, 2008 6:35pm
- | Membership Revoked | Joined Sep 2007 | 4,407 Posts
Happy New Year to all
I have the lowes price @ 220.33 from last year
The price retraced up to 222.85 this morning in Sydney Session, but now is heading down (currently 222.03)
I am using pacific trader Australian SAXO white label - > I think
- #56,810
- Edited 9:15pm Jan 1, 2008 6:48pm | Edited 9:15pm
- Joined Sep 2006 | Status: Collector | 9,833 Posts
Its very possible for it to break fridays lo tonight.
Ouch, I wonder how much swap you had paid out.
Hrrm. Try going for 1-3days trades, it will really save a lot of anxiety.
Okay here is my chart for e/j.
From what I see, this massive down is to clear weak longs before e/j goes up higher, maybe around 167 to 168
If we can see a reversal on early wednesday then safe to say that we will some kind of bounce up. However I noticed e/j loves doing double tops and bottoms. It did a double top at mid 166s before diving down to its current levels now which is actually my long term target (around 162s)
Noticed the uptrend channel e/j has been moving up since late Nov 07. Higher highs and lower lows. So Im quite confident we will move up if we dont break lower than 162.30. I prefer to start buying around 162.70 and lower.
Hope it goes up to 167!
- #56,814
- Jan 2, 2008 1:40am Jan 2, 2008 1:40am
- | Joined Nov 2006 | Status: Seeking Light | 1,059 Posts
- #56,816
- Jan 2, 2008 1:50am Jan 2, 2008 1:50am
- Joined Apr 2006 | Status: Trader | 2,429 Posts
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
- #56,818
- Jan 2, 2008 2:07am Jan 2, 2008 2:07am
- | Joined Nov 2006 | Status: Seeking Light | 1,059 Posts
I am beginning to wonder if there is ANY upside potential at all..lol
). Hope thats cleared for now 
edit- Me infinity