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

  • #84,301
  • May 25, 2008 11:58pm May 25, 2008 11:58pm
Quoting Aad
I'll second that...
well it's 2 am I guess it's a good enough reason to get drunk
  • #84,302
  • May 26, 2008 12:37am May 26, 2008 12:37am
Quoting Evilgoat
well it's 2 am I guess it's a good enough reason to get drunk
G/Y seems pretty much comatose at this point, huge yawn so I'll go watch a movie...
  • #84,303
  • May 26, 2008 1:36am May 26, 2008 1:36am
Quoting Dmac
I agree. Why take a chance with the holiday? Better off just to enjoy holiday and come back to forex afterwards. It's 12:00 here in New York. I'm going to sleep. Got a nice barbecue to go to tomorrow. I'll see you guys Tuesday. Good luck to those trading over the holiday. Later.
According to my banking holiday calendar , Europe is on holiday, but London should be open (perhaps someone can confirm this). The last time Europe and USA were on holiday but London was open, good moves were made in the London session.

I find that when gbpyen is comotose it frequently lulls you into a sense that "no movement will occur" then BAM, its gone and we are caught napping. Perhaps setting price alerts would be wise.
  • #84,304
  • May 26, 2008 2:01am May 26, 2008 2:01am
Quoting GodfreyH
According to my banking holiday calendar , Europe is on holiday, but London should be open (perhaps someone can confirm this). The last time Europe and USA were on holiday but London was open, good moves were made in the London session.

I find that when gbpyen is comotose it frequently lulls you into a sense that "no movement will occur" then BAM, its gone and we are caught napping. Perhaps setting price alerts would be wise.
london is closed http://www.londonstockexchange.com/e.../businessdays/
  • #84,305
  • May 26, 2008 4:28am May 26, 2008 4:28am
hi all
real movement of market will start from on Wedesday
  • #84,306
  • May 26, 2008 6:28am May 26, 2008 6:28am
This is boring today....

here's a bit of humour to pass the time fellow traders..


The Walton's invited their new neighbors over to dinner. During dinner Mr.Walton was asked what he did for a living.
Eight years old Brian Walton jumped in and said, "Daddy is a fisherman!" To which Mrs.Walton replied, "Brian, why do say that. Your daddy is a stockbroker, not a fisherman." "No mom. Everytime we visit dad at work and he hangs up the phone he laughs, rubs his hands together and says 'I just caught another fish'."
  • #84,307
  • May 26, 2008 6:39am May 26, 2008 6:39am
Quoting shakesfx
This is boring today....

here's a bit of humour to pass the time fellow traders..


The Walton's invited their new neighbors over to dinner. During dinner Mr.Walton was asked what he did for a living.
Eight years old Brian Walton jumped in and said, "Daddy is a fisherman!" To which Mrs.Walton replied, "Brian, why do say that. Your daddy is a stockbroker, not a fisherman." "No mom. Everytime we visit dad at work and he hangs up the phone he laughs, rubs his hands together and says 'I just caught another fish'."
yeah.Boring day for pipsherman.To all my fren in US...happy holiday!!
  • #84,308
  • May 26, 2008 7:35am May 26, 2008 7:35am

Ok, here's another one before I post my Chart...I think it's quite relevant to todays economic climate....




Johnny Learns Politics


Little Johnny goes to his dad and asks, "What is politics?" Dad says, "Well son, let me try to explain it this way. I'm the breadwinner of the family, so let's call me Capitalism. Mommy is the administrator of the money, so we'll call her the Government. We're here to take care of your needs, so we'll call you The People. The nanny, well, consider her The Working Class. Your baby brother, we'll call him The Future. Now go think about this and see if it makes sense."
So the little boy goes off to bed thinking about what Dad has said. Later that night, he hears his baby brother crying and runs to his room only to find that his diapers are very soiled. So the little boy goes to his parents' room. Mom is sound asleep. Not wanting to wake her, he goes to the nanny's room. Finding the door locked, he looks through the peephole and sees his father in bed with the nanny. He gives up and goes back to bed.
The next morning, the little boy says to his father, "Dad, I think I understand what politics is now."
"Good son, tell me in your own words then what politics are." The little boy replies, "Well, while Capitalism is screwing the Working Class, the Government is sound asleep, the People are being ignored and the Future is in deep shit."




On the 1hr it looks to me like this level is firm support. Tripple bounce on the Zero Stochs and Zero MACD about to cross into positive territory...
Attached Image (click to enlarge)
Click to Enlarge Name: gbp jpy 1hr.gif Size: 20 KB
  • #84,309
  • May 26, 2008 7:57am May 26, 2008 7:57am
Hi all, what happen today shake?
  • #84,310
  • May 26, 2008 8:00am May 26, 2008 8:00am
Quoting PandoraBox
Hi all, what happen today shake?
Hi, don't know bro. Could chop around at this level for a while, or the lack of volume could be used for a bit of market manipulation...
  • #84,311
  • May 26, 2008 8:08am May 26, 2008 8:08am
Quoting PandoraBox
Hi all, what happen today shake?
by June 1 the beast will go jump up to touch 208.08 IMHO
  • #84,312
  • May 26, 2008 8:16am May 26, 2008 8:16am
Quoting shakesfx
Hi, don't know bro. Could chop around at this level for a while, or the lack of volume could be used for a bit of market manipulation...
Ya low volume...potential for manipulation...how about we sell and buy each other shake...I sell GJ to you 211
  • #84,313
  • May 26, 2008 8:24am May 26, 2008 8:24am
Hello,
In looking for a longer term trading style I've found this thread to be a professional one. after going through the first 100 pages and watching the current posts , it seems Auslanco has not been posting for some time . Could someone share why.

Thanks
  • #84,314
  • May 26, 2008 8:26am May 26, 2008 8:26am
Ok, let me just feed in orders to close this 1hr above the 5 SMA and Gann...
  • #84,315
  • May 26, 2008 9:13am May 26, 2008 9:13am
Quoting metlife777
by June 1 the beast will go jump up to touch 208.08 IMHO
you quite sure about that??
  • #84,316
  • May 26, 2008 9:15am May 26, 2008 9:15am
do someone know about this bounce?

which made me awake
  • #84,317
  • May 26, 2008 9:18am May 26, 2008 9:18am
Quoting DanFactory
Hello,
In looking for a longer term trading style I've found this thread to be a professional one. after going through the first 100 pages and watching the current posts , it seems Auslanco has not been posting for some time . Could someone share why.

Thanks
could someone repy to my question if you know
  • #84,318
  • May 26, 2008 9:27am May 26, 2008 9:27am
Quoting auslanco
Bro.. this is not my thread anymore. This is the "Forex Factory general trade journal".

I'm glad I moved to the journal section. Dont want to be part of this brothel anymore

Thats why!
Lemming Forex! The Way to Trade....
  • #84,319
  • May 26, 2008 9:38am May 26, 2008 9:38am
Quoting shakesfx
Ok, let me just feed in orders to close this 1hr above the 5 SMA and Gann...

I think your long will be saved shortly. . .
  • #84,320
  • May 26, 2008 9:41am May 26, 2008 9:41am
Quoting quecee5
I think your long will be saved shortly. . .

Hello Q, Hope you are well Bro.

Yes, I wondering if low volume will be used to spike up further... Are you still going to hold for 203.70 area-ish before entering a position?
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