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

  • #70,881
  • Mar 26, 2008 4:51am Mar 26, 2008 4:51am
Quoting mike1349
Thanks Jarroo,
I meant it's dropping because of any news?I don't see anything in Calendar in this time.No specific news.

Mike
Price is News. News is Price.

I only follow the News on the 1st Friday of the month and interest statements.
Indicators show the past. Price Action "Indicates" the future.
  • #70,882
  • Mar 26, 2008 4:54am Mar 26, 2008 4:54am
Careful longs, breakout from ascending triangle on both 1h and 4h;
Attached Images
Measure twice, cut once
  • #70,883
  • Mar 26, 2008 4:58am Mar 26, 2008 4:58am
Should i enter short if 1hr bar closes below EMA200?

Should i, should i not...?
Why do people only post a nice trending period chart?
  • #70,884
  • Mar 26, 2008 5:02am Mar 26, 2008 5:02am
I entered and chickened out with +12, in 5seconds

Quoting yuhu
Should i enter short if 1hr bar closes below EMA200?

Should i, should i not...?
Why do people only post a nice trending period chart?
  • #70,885
  • Mar 26, 2008 5:05am Mar 26, 2008 5:05am
Quoting ephisi
Bearish bats on my 30min and 15 minutes chart, interesting. i was itching to go long. longs b careful. we didnt get a hard break

These butterflys and bats do work.
  • #70,886
  • Mar 26, 2008 5:12am Mar 26, 2008 5:12am
Quoting mike1349
Anybody knows why price is dropping like that?

Mike
http://www.cnbc.com/id/23798311

I'll be back full-time in a couple of weeks
Trade what you see, not what you think.
  • #70,887
  • Mar 26, 2008 5:18am Mar 26, 2008 5:18am
Quoting karmostaji
http://www.cnbc.com/id/23798311

I'll be back full-time in a couple of weeks
WOW !

Karmo is buying clear channel
  • #70,888
  • Mar 26, 2008 5:21am Mar 26, 2008 5:21am
Quoting karmostaji
http://www.cnbc.com/id/23798311

I'll be back full-time in a couple of weeks
Hello,

Can anyone kindly tell me, what has clear channel got to do with trading?
I am not trying to say you are wrong, i would appreciate any help to see the point.

Thanks
Why do people only post a nice trending period chart?
  • #70,889
  • Mar 26, 2008 5:23am Mar 26, 2008 5:23am
Quoting yuhu
Hello,

Can anyone kindly tell me, what has clear channel got to do with trading?
I am not trying to say you are wrong, i would appreciate any help to see the point.

Thanks
Banks are in trouble. Banks uses currencies. Not good.
Indicators show the past. Price Action "Indicates" the future.
  • #70,890
  • Mar 26, 2008 5:23am Mar 26, 2008 5:23am
Quoting karmostaji
http://www.cnbc.com/id/23798311

I'll be back full-time in a couple of weeks
See you then
Measure twice, cut once
  • #70,891
  • Mar 26, 2008 5:24am Mar 26, 2008 5:24am
hi dear karmo
i wish you good luck (marriage)
  • #70,892
  • Mar 26, 2008 5:27am Mar 26, 2008 5:27am
G/J paused exactly at daily S2 198.12. Will it go down to daily S3 197.28 today? Any ideas?
  • #70,893
  • Mar 26, 2008 5:28am Mar 26, 2008 5:28am
will it go further down ? any ideas pl ??
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Click to Enlarge Name: gj.gif Size: 19 KB
  • #70,894
  • Mar 26, 2008 5:45am Mar 26, 2008 5:45am
Quoting trickytrader
19500 here we come!!!
i'm sticking by that, should get there.......eventually
PIPPED TO THE LINE
  • #70,895
  • Mar 26, 2008 5:56am Mar 26, 2008 5:56am
197.7

Never trouble trouble till trouble troubles you
  • #70,896
  • Mar 26, 2008 6:01am Mar 26, 2008 6:01am
196.72 is the magic 50 Fib looks reachable.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #70,897
  • Edited 6:29am Mar 26, 2008 6:12am | Edited 6:29am
at start of week,momentoms were bullish(now are bullish too) and at start of today,daily momentoms were bullish too(except of 1c that was slightly bearish)....then the upcoming scenario in my mind is:
US news will be released bad and market now priced in itself for bad news after that we will see the price at 200.70 area again.


ps:just my 2 cents ...but after news release,i will take a long position...196-196.60 is good area for me.
  • #70,898
  • Mar 26, 2008 6:13am Mar 26, 2008 6:13am
ok, closed half my position. placed a stop quite close. Will be looking to enter short again later....maybe
PIPPED TO THE LINE
  • #70,899
  • Mar 26, 2008 6:19am Mar 26, 2008 6:19am
Quoting shahroodi
karmo
if NFP realese worst than expected, i think price cannot go much more lower than area we have now or lower than 203.46(this week low)...becoz news was priced in with today downward movement.

what do you think???
tks in advance
today's price action is like above
  • #70,900
  • Mar 26, 2008 6:25am Mar 26, 2008 6:25am
True. If the news is good, we may see a short-lived bullish G/J.

Quoting shahroodi
at start of week,momentoms were bullish(now are bullish too) and at start of today,daily momentoms were bullish too(except of ic that was slightly bearish)....then the upcoming scenario in my mind is:
US news will be released bad and market now priced in itself for bad news after that we will see the price at 200.70 area again.


ps:just my 2 cents ...but after news release,i will take a long position...196-196.60 is good area for me.
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