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

  • #108,381
  • Aug 22, 2008 5:19am Aug 22, 2008 5:19am
Quoting DutchTrader
Oh this ain't a long term play, this is smash and grab
Timing is everything
  • #108,382
  • Aug 22, 2008 5:20am Aug 22, 2008 5:20am
Quoting lilmoe
trade of the week! congrats
better than let this longs turn to loss
but if i kept gj long?
the light was switched off in my city for half an hour and i was was worried about my eu,us longs but it is great now
i think of long gc and gu now
  • #108,383
  • Aug 22, 2008 5:34am Aug 22, 2008 5:34am
Buffett Says Fannie Mae, Freddie Mac `Game Is Over'

http://www.bloomberg.com/apps/news?p...vYw&refer=home
  • #108,384
  • Aug 22, 2008 5:47am Aug 22, 2008 5:47am
g/j ascending triangle has been formed and the pair is about to pop up ,so i i went long targeting 204.50 previous high , after that level another long position will be established if the 204.80 level is broken

good luck to every one
I always knew that someday I would make it big
  • #108,385
  • Aug 22, 2008 5:50am Aug 22, 2008 5:50am
Quoting forexer
g/j ascending triangle has been formed and the pair is about to pop up ,so i i went long targeting 204.50 previous high , after that level another long position will be established if the 204.80 level is broken

good luck to every one
1 minute ascending triangle? LOL
Trade what you see, not what you think.
  • #108,386
  • Aug 22, 2008 5:50am Aug 22, 2008 5:50am
Quoting Piters
Buffett Says Fannie Mae, Freddie Mac `Game Is Over'

http://www.bloomberg.com/apps/news?p...vYw&refer=home
Not good for US $$$ Nice Long last night by the way USD/JPY
Price does what price wants , I just need to be prepared.
  • #108,387
  • Aug 22, 2008 5:56am Aug 22, 2008 5:56am
U.S. Stock Futures Rise on Speculation Lehman May Be Bought by Korean Bank

What i don't get is how investors can think this is a good thing. So the US doesn't have to bail you out, just let the Korean government do it instead. This is just as likely to decimate the ordinary shareholders

Do people actually think that the Koreans are so stupid that they'll buy Lehmans at a favourable price? Lehman's is on the rope and you can be sure that whatever takeover happens, the buyer is definitely gonna pull that to their advantage. Most likely with all the toxic sludge that's still on and off Lehman's books, if the deal goes ahead, it'll be at a highly discounted price, maybe even something like 5c to the dollar if the Merrill example is anything to go by.
  • #108,388
  • Aug 22, 2008 6:05am Aug 22, 2008 6:05am
Quoting arezab
Nice chart GF
Thks
  • #108,389
  • Aug 22, 2008 6:14am Aug 22, 2008 6:14am
going to watch them they are prettier than you lot

204.50 then 206.15 area we shall see if this bear has teeth
Timing is everything
  • #108,390
  • Aug 22, 2008 6:18am Aug 22, 2008 6:18am
Quoting PJkiller
Not good for US $$$ Nice Long last night by the way USD/JPY
Thanks for that..

BTW another one, today''s relly was on speculations that Korean Bank is about to buy Lehman Bross, But here is now, just before DOW opening NEWS:

Korea Development CEO Declines Comment on Reuters Lehman Report

http://www.bloomberg.com/apps/news?p...K5k&refer=home
  • #108,391
  • Aug 22, 2008 6:25am Aug 22, 2008 6:25am
I can see that the momentum of the bullish run is losing steam.

Quoting karmostaji
  • #108,392
  • Aug 22, 2008 6:50am Aug 22, 2008 6:50am
thats it for me im bailing out hope youve all done well

have a good weekend guys and ill see you monday
  • #108,393
  • Aug 22, 2008 6:51am Aug 22, 2008 6:51am
From now on I'm going to pick the tops and bottoms with GU.

Actually I'm working on a system which identifies those major reversal points with a precision of only 1 candle false signal.

I'll let you know how it works when it's finished.
Discipline + Patience - Fear - Greed = Success
  • #108,394
  • Aug 22, 2008 6:58am Aug 22, 2008 6:58am
Quoting arezab
From now on I'm going to pick the tops and bottoms with GU.

Actually I'm working on a system which identifies those major reversal points with a precision of only 1 candle false signal.

I'll let you know how it works when it's finished.
great .. can't wait to see how it works !!
  • #108,395
  • Aug 22, 2008 7:11am Aug 22, 2008 7:11am
Quoting uncletrumpet
I can see that the momentum of the bullish run is losing steam.

baby bull come home before that bad bear puts a curse on you
Timing is everything
  • #108,396
  • Aug 22, 2008 7:25am Aug 22, 2008 7:25am
taking profits and waiting for a pull back for next long entry.

have a great weekend my sons playing soccer so i must go watch
Timing is everything
  • #108,397
  • Aug 22, 2008 7:28am Aug 22, 2008 7:28am
my take profit order has been excuted at 204.40 ,now im looking for a break above 204.80 to buy again the pair g/j .
I always knew that someday I would make it big
  • #108,398
  • Aug 22, 2008 7:34am Aug 22, 2008 7:34am
Quoting arezab
From now on I'm going to pick the tops and bottoms with GU.

Actually I'm working on a system which identifies those major reversal points with a precision of only 1 candle false signal.

I'll let you know how it works when it's finished.
Hi, what do you mean by "major revesal"? Reversal that lasts at least 100 pips?May I ask what is the idea underneath it? I will be glad to help
  • #108,399
  • Aug 22, 2008 8:04am Aug 22, 2008 8:04am
anyone knows from where this spike came ???????
  • #108,400
  • Aug 22, 2008 8:32am Aug 22, 2008 8:32am
Quoting anthonykay
anyone knows from where this spike came ???????
GBP/USD selling off to week lows and possible start of wave 3 of 5.. just possible!!! I like it though... paying nicely
Price does what price wants , I just need to be prepared.
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