wwwwwweeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
he he
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #68,781
- Mar 16, 2008 7:00pm Mar 16, 2008 7:00pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
- #68,782
- Mar 16, 2008 7:01pm Mar 16, 2008 7:01pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
It might stop at around 198.00 area for now.. I think
If UJ breaks 98 watch this thing tank. . .
- #68,783
- Mar 16, 2008 7:02pm Mar 16, 2008 7:02pm
- Joined May 2007 | Status: I Love EMAS! | 1,968 Posts
- #68,784
- Mar 16, 2008 7:04pm Mar 16, 2008 7:04pm
- Joined Jan 2007 | Status: Trader | 3,719 Posts
Nihil Sine Deo.
- #68,786
- Mar 16, 2008 7:09pm Mar 16, 2008 7:09pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
Try 97 area or lower. . .
If UJ breaks 98 watch this thing tank. . .
It's testing the low again .. be careful at this level though ..
- #68,788
- Mar 16, 2008 7:10pm Mar 16, 2008 7:10pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
It's testing the low again .. be careful at this level though ..
- #68,789
- Mar 16, 2008 7:11pm Mar 16, 2008 7:11pm
- Joined Nov 2006 | Status: Trader | 3,112 Posts
whats ur view markam
- #68,790
- Mar 16, 2008 7:11pm Mar 16, 2008 7:11pm
- Joined Nov 2007 | Status: Trader | 3,060 Posts
If I may I will try to clear some of this up for some of you.Bycutting rates now The fed is hoping to free up the financials markets and in turn the housing market.This will not happen immediately however. The last 1.25 cut will be seen starting in Q3.There is as of this moment a 100% chance of a .75 cut on Tuesday and 52% chance of a full 1%.....Sounds crazy right?Not so crazy This rate on Tuesday will also affect the econ also in Q3.How does this affect inflation it doesn't now but will starting in Q3....HoweverThis rate cut could and should help the housing market soon.There are tons of ARMS getting ready to reset this is what is putting the pressure on the financials and causing this mess,not solely but a large contributor.ARM (adjustible rate mortgages) rates are set off of the LIBOR rate.By cutting int rates LIBOR rates lower ARM rates lower keeping more people in thier houses lessening the pressure on the banks etc etc etcDoes this make sense??
indeed....but its an uphill battle longer term....let them get foreclosed let the bear sterns get bought out....keeep the rates high and inflation MAY be contained down the raod...at least thats what i thought the so called ding bat experts were saying???? this rate cut mainia causes panic and makes things worse longer term doesnt it? sigh..... i think its all about the elections IMWO (in my worthles opinion) he he
thanks for the explanation....but i think we need to take our medicine and take it hard and fast like one big gulp...would be better inwo
regards
cd
- #68,791
- Mar 16, 2008 7:11pm Mar 16, 2008 7:11pm
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
I love this game, 200 pips from the open.
Patience + Humility + Study = Success
- #68,794
- Mar 16, 2008 7:14pm Mar 16, 2008 7:14pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
it may be a zigzag pattern
http://www.tradingrooms.com/chartpos...1720080129.png
- #68,796
- Mar 16, 2008 7:17pm Mar 16, 2008 7:17pm
- Joined Nov 2007 | Status: Trader | 3,060 Posts
it may be a zigzag pattern
http://www.tradingrooms.com/chartpos...1720080129.png
take out the zig and just leave the zag lol
here see chart
jk u never know....but i never try to catch the ole falling knife...let er ride till momma tells ya the ride is over
- #68,797
- Mar 16, 2008 7:19pm Mar 16, 2008 7:19pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
take out the zig and just leave the zag lol
here see chart
jk u never know....but i never try to catch the ole falling knife...let er ride till momma tells ya the ride is over
= - #68,798
- Mar 16, 2008 7:20pm Mar 16, 2008 7:20pm
Lol..this beast...really..beast.hope u dont blow your acc bulls 
..Lol been try to catch a falling knife with success but unsuccessful..what ?? here is what Im talking about..you trader should spare some of your time to check the acc history ..someone try to get their hand on your purse.It's a buy ticket, suppose to be profit but they put it with negative sign in front of the number. so be alert.
..Lol been try to catch a falling knife with success but unsuccessful..what ?? here is what Im talking about..you trader should spare some of your time to check the acc history ..someone try to get their hand on your purse.It's a buy ticket, suppose to be profit but they put it with negative sign in front of the number. so be alert.
- #68,800
- Mar 16, 2008 7:25pm Mar 16, 2008 7:25pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
Well here's 197 ladies and gents. . . - WOW!
196.50 HERE WE COME!
196.50 HERE WE COME!