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

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  • Post #91,681
  • Quote
  • Jun 10, 2008 10:11am Jun 10, 2008 10:11am
  •  rav700
  • | Joined May 2006 | Status: Fund Manager | 202 Posts
I dont think the beast has finished with it visit to th highs one more time yet...I am still expecting a retest of 210.75....may be against you guys...When Gj sits on what I call a midas level..there is a big chance that it will go up....Am I long not yet..will wait for confirmation to go long cause I am a natural bear...lets see how it plays..out...
Currently I see it going to 210.50--75 region and then from there a huge drop in down and gy after 7:00 GMT time...

Good Luck
Everybody..
 
 
  • Post #91,682
  • Quote
  • Jun 10, 2008 10:11am Jun 10, 2008 10:11am
  •  Piters
  • Joined Sep 2006 | Status: Collector | 9,833 Posts
Quoting gene22
Disliked
What a bunch of crap, every single world index had fallen today, every single one, I have seen this type of world wide selloff on just a few occasions, very few, very rare... The dow is just a die hard, what a joke, discusting manipulation, simply discusting. Free markets, yea right, not with the feds priniting press working overtime...
Ignored
Mate, look @ OIL.. that''s the Answer !! keep all YEN pairs down
 
 
  • Post #91,683
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  • Edited 10:17am Jun 10, 2008 10:12am | Edited 10:17am
  •  Rustyyy
  • | Joined Jun 2007 | Status: Keeping my head above the clouds | 814 Posts
Quoting gene22
Disliked
What a bunch of crap, every single world index had fallen today, every single one, I have seen this type of world wide selloff on just a few occasions, very few, very rare... The dow is just a die hard, what a joke, discusting manipulation, simply discusting. Free markets, yea right, not with the feds priniting press working overtime...
Ignored
That is why the talking feds were on the loose this week.
It won't last for long. Verbal intervention with nothing tangible to back it up is only good for a short period of time.

The carry trades are only following equities on the way up. Will not follow on any down moves.
Soon this divergence shall end.

Lets see at one time futs were down over 100 pts, but G/Y could not even break DP.
Dow just went positive; NAS and SP are still negative and we get a 60-70 pip spike in G/Y.

PPT manipulation at its finest, should be a hollywood movie.
 
 
  • Post #91,684
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  • Jun 10, 2008 10:15am Jun 10, 2008 10:15am
  •  rav700
  • | Joined May 2006 | Status: Fund Manager | 202 Posts
Quoting Piters
Disliked
Mate, look @ OIL.. that''s the Answer !! keep all YEN pairs down
Ignored
Uj Still has not accepted defeat....Even though oil is climbing...They already found a way to turn water into fuel lol....
 
 
  • Post #91,685
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  • Jun 10, 2008 10:16am Jun 10, 2008 10:16am
  •  belekas
  • Joined Sep 2007 | Status: gone fishing | 5,782 Posts
Quoting belekas
Disliked
5 candles failed to close below 38.2% fib, this might be the area we might get a bounce up, and i see 1hr Inside bar forming
Ignored
And what do you know, what a lovely 50 pip bounce up as i expected
 
 
  • Post #91,686
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  • Jun 10, 2008 10:21am Jun 10, 2008 10:21am
  •  gene22
  • | Joined Dec 2006 | Status: Liv4Ft | 484 Posts
Quoting Piters
Disliked
Mate, look @ OIL.. that''s the Answer !! keep all YEN pairs down
Ignored
I could of agreed with you, but take a look at where the oil was and where the yen were a year ago, oil was a lot lower and the yen was a lot higher, correlation anyone. Yes Japan does import 100% of it's oil but do not forget that yen is primarilly a funding currency and a long as there is no panick in the markets, and with the fed manipulation and buying we will not have one at least till fall when the sharks come out to play yen is just a funding currency.
Ok Common Dow , 300 pips up lets do it together, push, push...
 
 
  • Post #91,687
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  • Jun 10, 2008 10:21am Jun 10, 2008 10:21am
  •  Jerry
  • | Joined Feb 2008 | Status: karmo's patience teach me | 734 Posts
xoxo probably we ll see 107.44)
 
 
  • Post #91,688
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  • Jun 10, 2008 10:23am Jun 10, 2008 10:23am
  •  Piters
  • Joined Sep 2006 | Status: Collector | 9,833 Posts
Quoting gene22
Disliked
I could of agreed with you, but take a look at where the oil was and where the yen were a year ago, oil was a lot lower and the yen was a lot higher, correlation anyone. Yes Japan does import 100% of it's oil but do not forget that yen is primarilly a funding currency and a long as there is no panick in the markets, and with the fed manipulation and buying we will not have one at least till fall when the sharks come out to play yen is just a funding currency.
Ok Common Dow , 300 pips up lets do it together, push, push...
Ignored


Yeah push it.. I am with you on that//

P.S. I remember: how many times I asked myself: Based on WHAT?? (for any crazy moves like today) but MARKET IS ALWAYS RIGHT

P.P.S. Do you realize what is going to happend if we pass 12000 on DOW.. like 2500-3000 pips on GY? I am expecting unfair, and dirty GAME... you ??
 
 
  • Post #91,689
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  • Jun 10, 2008 10:33am Jun 10, 2008 10:33am
  •  sarama001
  • | Joined Aug 2006 | Status: Member | 186 Posts
Quoting lilmoe
Disliked
if this m30 candle closes above 209.30 i'm closing my shorts and going long.
Ignored
lilmoe, are you going long??
 
 
  • Post #91,690
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  • Jun 10, 2008 10:34am Jun 10, 2008 10:34am
  •  Qwert
  • | Joined Aug 2007 | Status: Member | 177 Posts
Quoting belekas
Disliked
i draw them by hand, there are some really nice threads in ff about fibonacci trading if you havent read them.
Ignored
Thanks. I'll do that.
 
 
  • Post #91,691
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  • Jun 10, 2008 10:34am Jun 10, 2008 10:34am
  •  karmostaji
  • Joined Nov 2006 | Status: Dubai | 11,493 Posts
I went long, let's see if i'll get my ass handed to me or the beast is going to be nice this time
Trade what you see, not what you think.
 
 
  • Post #91,692
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  • Jun 10, 2008 10:36am Jun 10, 2008 10:36am
  •  Piters
  • Joined Sep 2006 | Status: Collector | 9,833 Posts
Quoting karmostaji
Disliked
I went long, let's see if i'll get my ass handed to me or the beast is going to be nice this time
Ignored
?? ok.

I believe we are on top my friend but MO
 
 
  • Post #91,693
  • Quote
  • Jun 10, 2008 10:37am Jun 10, 2008 10:37am
  •  lilmoe
  • Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
Quoting lilmoe
Disliked
if this m30 candle closes above 209.30 i'm closing my shorts and going long.
Ignored

closed my shorts.

waiting on a good entry long.
 
 
  • Post #91,694
  • Quote
  • Jun 10, 2008 10:38am Jun 10, 2008 10:38am
  •  lilmoe
  • Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
Quoting lilmoe
Disliked
closed my shorts.

waiting on a good entry long.
Ignored
went long at 209.20/ SL 208.50
 
 
  • Post #91,695
  • Quote
  • Jun 10, 2008 10:39am Jun 10, 2008 10:39am
  •  Rustyyy
  • | Joined Jun 2007 | Status: Keeping my head above the clouds | 814 Posts
I wouldn't trade this crap today if you held a gun to my head.

On the sidelines until clear direction.
 
 
  • Post #91,696
  • Quote
  • Jun 10, 2008 10:43am Jun 10, 2008 10:43am
  •  vinesh2
  • Joined Aug 2007 | Status: Member | 2,616 Posts
Is there any hopes for shorts in this stupid market? Shaks where is Shaks?
 
 
  • Post #91,697
  • Quote
  • Jun 10, 2008 10:45am Jun 10, 2008 10:45am
  •  Piters
  • Joined Sep 2006 | Status: Collector | 9,833 Posts
Quoting lilmoe
Disliked
went long at 209.20/ SL 208.50
Ignored
watch out I am selling..
 
 
  • Post #91,698
  • Quote
  • Jun 10, 2008 10:46am Jun 10, 2008 10:46am
  •  kosh
  • | Joined Jan 2008 | Status: i love my pippy bank growing | 42 Posts
Quoting lilmoe
Disliked
if this m30 candle closes above 209.30 i'm closing my shorts and going long.
Ignored
so u still remind open?
 
 
  • Post #91,699
  • Quote
  • Jun 10, 2008 10:46am Jun 10, 2008 10:46am
  •  lilmoe
  • Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
Quoting Piters
Disliked
watch out I am selling..
Ignored

 
 
  • Post #91,700
  • Quote
  • Jun 10, 2008 10:49am Jun 10, 2008 10:49am
  •  tigereye
  • | Joined Aug 2007 | Status: Member | 79 Posts
we should see a bounce off of 209.00 or posible the 208.70(pior low) (will buy)area if so we should see a retest of the high if breaks 208.65(will sell) should go to 205.65(pior low) we shall see good luck all
 
 
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