DislikedNaaa dont care if it goes against me or for me actually, building positions either wayIgnored
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #96,981
- Jun 25, 2008 9:52am Jun 25, 2008 9:52am
- Joined May 2007 | Status: I Love EMAS! | 1,968 Posts
- #96,982
- Jun 25, 2008 9:53am Jun 25, 2008 9:53am
- Joined May 2007 | Status: I Love EMAS! | 1,968 Posts
- #96,984
- Jun 25, 2008 9:56am Jun 25, 2008 9:56am
- | Commercial User | Joined Mar 2008 | 1,651 Posts
It only happened once before in February this year that the pair acted the ping pong way, this week is the second time since the begining of this year that it acted the same way, this is extremely pure shit, and it will exceed it's extreme if it dropped again to the 211 area (before, during or after the FOMC report) I hope not, coz I lost too many pips this week.
My method of trading depends on levels and if the prices went to the opposite side, I use my reverse method, it is very profitable to me, I've been using it since January, it had a shitty week in February and here it is again
I also tested the weekly breakout (high and low of the week) since this begining of this year, the time the prices didn't break or reach any of the high and the low, IT'S A MUST in the week further to break any of them, so prices didn't break any of the high and low for last week, so any of them must be broken this week, high of last week was 213.26 and low was 210.28, so any of these figures must be broken this week as it happened over the last 6 months.
- #96,985
- Jun 25, 2008 10:00am Jun 25, 2008 10:00am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #96,986
- Jun 25, 2008 10:02am Jun 25, 2008 10:02am
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
It's less than 75 minutes to go .. expect to see .. ping .. pong .. ping .. and pong .. movements 
yea the worst thing u can do is to just ask people what way a currency is going...because nobody in the world knows where any market will go all we can do is make sound judgment using proobabilities that have been proven to work in the past and they usually work in the future...make your own analysis, teach yourself and trust your analysis
- #96,989
- Jun 25, 2008 10:14am Jun 25, 2008 10:14am
- Joined May 2007 | Status: I Love EMAS! | 1,968 Posts
It's less than 75 minutes to go .. expect to see .. ping .. pong .. ping .. and pong .. movements
I'm counting on Ben to screw things up
- #96,991
- Jun 25, 2008 10:22am Jun 25, 2008 10:22am
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
Dow action is up up up...and bovespa has made up substantially from all its falls yesterday
Well, it's 29 minutes till the FOMC announcement and from my previous posts I said that the 214.25-214.50ish was the next target.
Prices have stalled at 213.09 ( expected ) and I expect a swing down to complete the a-b-c wave formation and then it should start to climb higher, higher, higher....
After 214.25 what's next?
Well, again I said 216.00 ( give or take 50 pips ) so we could even go to 216.50-217. This was in my post a few days ago which was calculated from natural arcs on a daily/4 hour chart.
Anyway, it's suicidal to think that the cycle that started two days ago @ 211.00 is going to be over due to a news release. NATURAL CYCLES will take their course, and this will be a minor blip in its way...
my 2c
Al
correlation will indeed come back into play very soon: as dow reaches march lows, so too geppy. 23 mins...
- #96,996
- Jun 25, 2008 10:58am Jun 25, 2008 10:58am
March low was 192.50 area...
- #96,997
- Jun 25, 2008 11:08am Jun 25, 2008 11:08am
Totally disagree, but appreciate your input.
DJIA is not going to hit new March lows. Instead, I predict that yesterday was a CHANGE IN TREND and it will go up to mid July then go down.
I still say Geppy is going UP, UP - to atleast 216-217.
But, hey, you gotta admit that it's fun predicting stuff, isn't it?
Al
DJIA is not going to hit new March lows. Instead, I predict that yesterday was a CHANGE IN TREND and it will go up to mid July then go down.
I still say Geppy is going UP, UP - to atleast 216-217.
But, hey, you gotta admit that it's fun predicting stuff, isn't it?
Al
- #96,999
- Jun 25, 2008 11:21am Jun 25, 2008 11:21am
- Joined Jun 2006 | Status: Trend is not my friend | 1,492 Posts
I have a hell of long positions, I closed my platform, panic, I even don't know the prices now
- #97,000
- Jun 25, 2008 11:25am Jun 25, 2008 11:25am
Totally disagree, but appreciate your input.
DJIA is not going to hit new March lows. Instead, I predict that yesterday was a CHANGE IN TREND and it will go up to mid July then go down.
I still say Geppy is going UP, UP - to atleast 216-217.
But, hey, you gotta admit that it's fun predicting stuff, isn't it?
Al
Tough resistance.
Correlation has been gone, when will it come back who the hell knows.....
My past observations with these events is initial reaction is exact opposite what tomorrows reaction will be...