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

  • #82,741
  • May 20, 2008 12:18pm May 20, 2008 12:18pm
Quoting shakesfx
I think: Today + Indicators = Worthless
Today + http://opengardensblog.futuretext.com/crystalball.JPG
  • #82,742
  • May 20, 2008 12:18pm May 20, 2008 12:18pm
Quoting vinesh2
I think DOW is going to try to make a come back in the last 30-45 minutes of trading
Futures are getting rejected at 12825 area.

Just might see a late hour selloff.

But who knows with the BS lately in all of the markets.

  • #82,743
  • May 20, 2008 12:20pm May 20, 2008 12:20pm
Quoting Rustyyy
Futures are getting rejected at 12825 area.

Just might see a late hour selloff.

But who knows with the BS lately in all of the markets.

Well as soon as I got finished typing that they broke above 12825....go figure....
  • #82,744
  • May 20, 2008 12:21pm May 20, 2008 12:21pm
Quoting pkimnyc
should I flip the coin instead?

Couldn't find a coin, how about some dice? Right, Evens for Long, Odds for Short... Who wants to go first?
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  • #82,745
  • May 20, 2008 12:24pm May 20, 2008 12:24pm
Quoting shakesfx
Couldn't find a coin, how about some dice? Right, Evens for Long, Odds for Short... Who wants to go first?
lol
  • #82,746
  • May 20, 2008 12:28pm May 20, 2008 12:28pm
I fliped a coin... head long, tails short... I got tails looks like I'm staying short on geppy lol maybe I'll try the coin flip again in a hour.
  • #82,747
  • May 20, 2008 12:32pm May 20, 2008 12:32pm
Quoting Evilgoat
I fliped a coin... head long, tails short... I got tails looks like I'm staying short on geppy lol maybe I'll try the coin flip again in a hour.
I rolled the dice and got an odd number, so I'm holding my Shorts for a retest of 200.60/80

What does our other bro see in his crystal ball??
  • #82,748
  • May 20, 2008 12:32pm May 20, 2008 12:32pm
Quoting pkimnyc
MK,

think I see a hidden bullish divergence.
what do you think?

Hi Pkimnyc,

I never trade on hidden bearish or bullish divergence as because I can't trust it (it may just be me).
I only use classic divergence and current Geppy has not worked it out completely yet. Thus, still plenty of room to fall ( Based on theory ).
  • #82,749
  • May 20, 2008 12:34pm May 20, 2008 12:34pm
Shaks, we need to close below Weekly Pivot to see that number again. Most likely we will see that number next week.
  • #82,750
  • May 20, 2008 12:36pm May 20, 2008 12:36pm
Quoting Evilgoat
I fliped a coin... head long, tails short... I got tails looks like I'm staying short on geppy lol maybe I'll try the coin flip again in a hour.
Heck I flipped a coin and the dang thing landed on its edge. LOL!

Even if the markets suck, this thread makes it more tolerable.
  • #82,751
  • May 20, 2008 12:36pm May 20, 2008 12:36pm
Quoting mktjong
Hi Pkimnyc,

I never trade on hidden bearish or bullish divergence as because I can't trust it (it may just be me).
I only use classic divergence and current Geppy has not worked it out completely yet. Thus, still plenty of room to fall ( Based on theory ).
MK,

Thanks for clearing that up bro.
Think I'm done today. See you guys at london. GL.
  • #82,752
  • May 20, 2008 12:37pm May 20, 2008 12:37pm
Quoting vinesh2
Shaks, we need to close below Weekly Pivot to see that number again. Most likely we will see that number next week.
Typo...meant 202.60/80 and not 200.60/80. Mind you 200.80 would be nice to make up for the nonsense today
  • #82,753
  • May 20, 2008 12:37pm May 20, 2008 12:37pm
European Futures are looking bad we might see yesteday's low's again of 202.68 area imo overnight
  • #82,754
  • May 20, 2008 12:37pm May 20, 2008 12:37pm
Quoting magnumfreak
Heck I flipped a coin and the dang thing landed on its edge. LOL!

Even if the markets suck, this thread makes it more tolerable.
That means plan C for me.
  • #82,755
  • May 20, 2008 12:40pm May 20, 2008 12:40pm
Quoting vinesh2
European Futures are looking bad we might see yesteday's low's again of 202.68 area imo overnight

Quick!! Hammer time!
  • #82,756
  • May 20, 2008 12:42pm May 20, 2008 12:42pm
Nah keeping that hammer on the side too close to DOW close and after the close this thing might jump back up again. So hammer is back in the closet. By the way hammer is available for $9.99/month lol!
  • #82,757
  • May 20, 2008 12:43pm May 20, 2008 12:43pm
Quoting shakesfx
Quick!! Hammer time!
Here you go!!
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  • #82,758
  • May 20, 2008 12:43pm May 20, 2008 12:43pm
it's about time she goes down!!!
  • #82,759
  • May 20, 2008 12:44pm May 20, 2008 12:44pm
Quoting magnumfreak
Here you go!!
Thanks you made me pee myself
  • #82,760
  • May 20, 2008 12:48pm May 20, 2008 12:48pm
Not sure if anyone use's ADX but i noticed something that the +DI never crossed -DI in this entire up move and also the signal line never went about 40 level which tells me that the spike that we saw earlier was not strong enough. I am talking about the 4hr charts. This suggests that we could be continuing the downward movement. I could be completely wrong as i rarely use ADX.
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