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

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

#102,461
Jul 21, 2008 8:01am Jul 21, 2008 8:01am

Verto
| Joined Apr 2008 | Status: The Fox | 768 Posts

It really is at the point where we know they are going to lose money, losing less of it just so happens to be seen a suddenly good news.

#102,462
Jul 21, 2008 8:02am Jul 21, 2008 8:02am

Big Bruv
| Joined Jul 2007 | Status: Don't Loose Your Shirt | 1,146 Posts

Quoting Tsotsi

Disliked

I thought that businesses were there to make money and NOT to keep the Wall Street lot happy.
It now seems the order of the day, i.e. normal practice that a company may lose billions of money, billions of other people's money and thus no problem, "hakuna matata", as long as the company's results beats Wall Street expectations, huh?
In other words a company may continue to lose billions upon billions of investors money and still beat or meet Wall Street's estimates that also continue to get lower and lower until one bright morning kabooom-m!!! .... another big financial scandal and the usual bankruptcy media headlines.

Ignored

something you should note..baby..if you are referring to the banks..they are not really losing the money par say..it's more write downs than write -off...remember the value of these so called..paper can still raise in value(whu u think the FED took them as collateral?)...

#102,463
Jul 21, 2008 8:04am Jul 21, 2008 8:04am

"expert"
| Commercial User | Joined May 2008 | 1,300 Posts

Quoting Clouds

Disliked

Yes,,, but what about this.. We are at pretty critical level
Attachment

Ignored

Yes.And if GJ and EJ move almost the same way maybe this triangle on GJ will give answer in the evening on our thinking.Up or down with JPY.Will see.

That 1hr didnt close above my S 0.5 so i would put short.But i am new so i dont want to bet against Karmo and others who said that the bulls are going up.I will leave this example for my learning.

Coming back to see what happend.cant wait any more.To sleepy.See ya

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#102,464
Jul 21, 2008 8:06am Jul 21, 2008 8:06am

"expert"
| Commercial User | Joined May 2008 | 1,300 Posts

Quoting gody6000

Disliked

Long gj 213.61 tp 215.08/80

Ignored

Can you say why?For my learning please

#102,465
Jul 21, 2008 8:23am Jul 21, 2008 8:23am

"expert"
| Commercial User | Joined May 2008 | 1,300 Posts

We might have range 213,30-213.70

#102,466
Jul 21, 2008 8:37am Jul 21, 2008 8:37am

Clouds
Joined Apr 2008 | Status: Trader | 7,674 Posts

normal up trends are 100 pips a day, or less, or so yes/ (average up trend is 4 pips a day) so if gj goes up 600 pips in a night, then it can't continue this. people will complain at banks, what? I was getting 208 yesterday, i'm not paying 214 today!

#102,467
Jul 21, 2008 8:41am Jul 21, 2008 8:41am

"expert"
| Commercial User | Joined May 2008 | 1,300 Posts

GBPCHF on daily is in downtrend below yelow line,QQE5 on 15,30,60,240m is above 50 line and might go down

On 1hr looks like it cant go up above daily pivot.

So if that goes down all GBP pairs can go down.

But the day is so slow so ...any opinion on this.

And if take that Clouds last post i think no more up above 213,70

let me see what will this 1hr candle do.

I am so thrilled

#102,468
Jul 21, 2008 8:43am Jul 21, 2008 8:43am

"expert"
| Commercial User | Joined May 2008 | 1,300 Posts

i forgot charts again

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#102,469
Jul 21, 2008 9:00am Jul 21, 2008 9:00am

dogberry
| Joined Jul 2007 | Status: Trader | 283 Posts

I just noticed my broker reduced the rollover from +2.13 pips to +2.11 pips for long positions, and increased rollover from -3.08 to -3.23pips to short positions. How can they do this? Could anyone explain it a bit more? I think they should either reduce them or inrease them at the same time.

Thanks!

#102,470
Jul 21, 2008 9:10am Jul 21, 2008 9:10am