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

  • #101,481
  • Jul 16, 2008 5:01pm Jul 16, 2008 5:01pm
sorry wrong thread
  • #101,482
  • Jul 16, 2008 5:13pm Jul 16, 2008 5:13pm
Looks like this is heading up and away..Big boys see everyones short and bam, take that
  • #101,483
  • Jul 16, 2008 5:16pm Jul 16, 2008 5:16pm
Quoting alsup1955
Looks like this is heading up and away..Big boys see everyones short and bam, take that

yen wont go any further than 105.80 and geppy 210.60-211.11 perfect for acquiring a position

and we'll call taht wave 4 of 3 of 3
"Millionaires don't use astrology, billionaires do"
  • #101,484
  • Jul 16, 2008 5:25pm Jul 16, 2008 5:25pm
Turn at 61.8 or before, then 206 and below. Roll a coaster down.


Quoting OrionsWay
yen wont go any further than 105.80 and geppy 210.60-211.11 perfect for acquiring a position

and we'll call taht wave 4 of 3 of 3
  • #101,485
  • Jul 16, 2008 5:27pm Jul 16, 2008 5:27pm
Quoting Vfforexlee
The beginning of the US market reverses the Geppy price. You think this is going to do the same thing tomorrow?
What ... you think they want to make it that easy for you

lol
Blogging daily now at www.volume.zone
  • #101,486
  • Jul 16, 2008 5:27pm Jul 16, 2008 5:27pm
after the nice bullish candle on GJ

i will wait for GJ to go below 210 and i will go long

i think it will go up again..
  • #101,487
  • Jul 16, 2008 5:30pm Jul 16, 2008 5:30pm
Quoting OrionsWay
Think YM is a sell into a test or new low for tomorrows buy day anywheres from 10851- 10731.36 area


ES down into 1202.50-1190.25

and russel down into 656-649.24 area's
I shorted YM off top today .... I mean how can banking and airlines ( both are sectors in which massive bankruptcies are going to occur) hold the market up
Blogging daily now at www.volume.zone
  • #101,488
  • Jul 16, 2008 5:36pm Jul 16, 2008 5:36pm
Quoting alsup1955
Looks like this is heading up and away..Big boys see everyones short and bam, take that
They did this last year just before the big drop .... they pumnped her up and down so that traders were so confused they did not know weather to go long or short.

Look how quickly everyone turned bullish today. That is what they want.

The charts look like easy longs ... to easy in my opinion .... what is driving this rally ? Wells Fargo earnings .. oil inventories 3 million (cooked) , and Delta airlinesn ot losing as much as they thought they might. One has to step back and look at what drove the markets today.

In my opinion this bear rally is a great place to take some shorts... maybe even a little higher from here.
Blogging daily now at www.volume.zone
  • #101,489
  • Jul 16, 2008 5:37pm Jul 16, 2008 5:37pm
Quoting malcolmb14
I shorted YM off top today .... I mean how can banking and airlines ( both are sectors in which massive bankruptcies are going to occur) hold the market up

u will make a ton on the open sell out into them figures posted above area's cuz tomorrow is the setup into a 2 day rally
"Millionaires don't use astrology, billionaires do"
  • #101,490
  • Jul 16, 2008 5:45pm Jul 16, 2008 5:45pm
Quoting malcolmb14
They did this last year just before the big drop .... they pumnped her up and down so that traders were so confused they did not know weather to go long or short.

Look how quickly everyone turned bullish today. That is what they want.

The charts look like easy longs ... to easy in my opinion .... what is driving this rally ? Wells Fargo earnings .. oil inventories 3 million (cooked) , and Delta airlinesn ot losing as much as they thought they might. One has to step back and look at what drove the markets today.

In my opinion this bear rally is a great place to take some shorts... maybe even a little higher from here.
I dont understand why it matters to the big boys what us little girls and boys do. Why do they (assuming "they" means big boys) want to confuse traders?
  • #101,491
  • Jul 16, 2008 5:48pm Jul 16, 2008 5:48pm
Market psychology isnt really that hard. what ever you think commonsense is reverse it and thats their psychology. they will let u have your 100 200 pip move and suck you because they need your stops to break the next level. once they take the stops then momentum picks up and they just ride the wave at a very small price for doing business. That is the markets common sense.
"Millionaires don't use astrology, billionaires do"
  • #101,492
  • Jul 16, 2008 5:48pm Jul 16, 2008 5:48pm
Quoting PipChick
I dont understand why it matters to the big boys what us little girls and boys do. Why do they (assuming "they" means big boys) want to confuse traders?

How do u think they became big boys. From manipulation of the market to steal your money. Very simple
  • #101,493
  • Jul 16, 2008 5:56pm Jul 16, 2008 5:56pm
Quoting alsup1955
How do u think they became big boys. From manipulation of the market to steal your money. Very simple
hmmmmmmmmm I will have to think about that.
  • #101,494
  • Jul 16, 2008 6:02pm Jul 16, 2008 6:02pm
this is struggling..we may never get over 210.20...baby...looking interesting for a short.... hmmmm baby...daddy needs a donut right about now....
  • #101,495
  • Jul 16, 2008 6:05pm Jul 16, 2008 6:05pm
Morning people

Has Freddie and Fannie announced they will scrap their dividends?
  • #101,496
  • Jul 16, 2008 6:09pm Jul 16, 2008 6:09pm
Quoting Big Bruv
this is struggling..we may never get over 210.20...baby...looking interesting for a short.... hmmmm baby...daddy needs a donut right about now....

Low volume now dude. It will pick up in a few hours and bust one way or another. just be ready and jump on board
  • #101,497
  • Jul 16, 2008 6:10pm Jul 16, 2008 6:10pm
Ebay -7% after hours on outlook concerns and slower economy .. that gonna hurt the market tomorrow
Blogging daily now at www.volume.zone
  • #101,498
  • Jul 16, 2008 6:13pm Jul 16, 2008 6:13pm
Quoting Big Bruv
this is struggling..we may never get over 210.20...baby...looking interesting for a short.... hmmmm baby...daddy needs a donut right about now....

i was in bear side yestrday but today i dont think so i will be with bullside

i am waiting for it to go below 210 so i can buy.

an here is my analysis

bullish candle
still in up trade
bounce from 50MA

so i wish good luck for bears
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  • #101,499
  • Jul 16, 2008 6:16pm Jul 16, 2008 6:16pm
GBP/CHF

Will this come down for a channel bounce? Me thinks so. So do my bermudas.
But then its going north imvho.

GBP/USD

Is this pin and bearish divergence gonna confirm? Patience = profit.
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Money & Pain Respect the market, protect your capital, be patient
  • #101,500
  • Jul 16, 2008 6:21pm Jul 16, 2008 6:21pm
Quoting malcolmb14
Ebay -7% after hours on outlook concerns and slower economy .. that gonna hurt the market tomorrow
Its not all bad. Procter and Gamble reaffirmed thier profit to 8 to 10%. Some sectors are fine while others are taking it on the chin. Banks and other industies like Kimberly Clark who make huggies and scott towels will have lower profits than expected. and even the Wynn empire in vegas will be down 27% from a year ago. In the end I see it all slowing coming back, but not before alittle more hurt on everyone.
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