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

  • #111,661
  • Sep 8, 2008 8:07pm Sep 8, 2008 8:07pm
Monday night ACTION yo
Money & Pain Respect the market, protect your capital, be patient
  • #111,662
  • Sep 8, 2008 8:08pm Sep 8, 2008 8:08pm
as i expected the bears came out of their box and a massive beast sell-off is going to take place in the next hours.
I always knew that someday I would make it big
  • #111,663
  • Sep 8, 2008 8:10pm Sep 8, 2008 8:10pm
Quoting forexer
as i expected the bears came out of their box and a massive beast sell-off is going to take place in the next hours.
The Only Constant Is Change!
  • #111,664
  • Sep 8, 2008 8:11pm Sep 8, 2008 8:11pm
will be interesting to see what happens with the 8850
--post hoc ergo propter hoc--
  • #111,665
  • Sep 8, 2008 8:12pm Sep 8, 2008 8:12pm
Quoting mktjong
This pair is crazy .. free fall again
I closed my long trade for +4 pips earlier .. phew ..

the bears are in control.

the bulls are going tobe slaughtered badly specially when the massive sell-off starts.

i
I always knew that someday I would make it big
  • #111,666
  • Sep 8, 2008 8:12pm Sep 8, 2008 8:12pm
has the 4hr qqe crossed over?
  • #111,667
  • Sep 8, 2008 8:13pm Sep 8, 2008 8:13pm
Quoting kayman
The Gap of Aug 29th - Sep 01st.
If a security/currency takes off on a breakway gap, sometimes the price doesnt return to fill the gap for many months or even years - if ever. Stop and think about it - when the fundamentals of a security changes dramatically, why would the market participants sell it back down to the level it was before the big event ? Conditions have changed permanently amd so has the price of the security.

A runaway gap is another matter. Demand for the security is more a function of buyers egging each other on than changing conditions so the gap may be filled quickly. Sometimes a gap gets filled just because all the chatter about "filling the gap" in the market makes it a self fulfilling prophecy.
  • #111,668
  • Sep 8, 2008 8:13pm Sep 8, 2008 8:13pm
Low of the day touched.

If this is not double bottom, then one more leg till next expansion @187.67 which was very strong last time when crossed, and that's it with this bear move.

Hold on tight to your swings!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy_0908.gif Size: 14 KB
"Everybody needs money. That's why they call it money" - Danny De Vito
  • #111,669
  • Sep 8, 2008 8:17pm Sep 8, 2008 8:17pm
Quoting Eulogy
has the 4hr qqe crossed over?
Not quite yet on VT
The Only Constant Is Change!
  • #111,670
  • Sep 8, 2008 8:21pm Sep 8, 2008 8:21pm
If Aud news is bad and A/Y sells off further watch out below!
The Only Constant Is Change!
  • #111,671
  • Sep 8, 2008 8:23pm Sep 8, 2008 8:23pm
Quoting slide
Low of the day touched.

If this is not double bottom, then one more leg till next expansion @187.67 which was very strong last time when crossed, and that's it with this bear move.

Hold on tight to your swings!

this double bottom is weak enough tobe broken by fat bears.

there is selling pressure on the way to our beautiful beast.
I always knew that someday I would make it big
  • #111,672
  • Sep 8, 2008 8:37pm Sep 8, 2008 8:37pm
gj1h RSI3angle
Attached Image
  • #111,673
  • Sep 8, 2008 8:40pm Sep 8, 2008 8:40pm
Quoting forexer
this double bottom is weak enough tobe broken by fat bears.

there is selling pressure on the way to our beautiful beast.
bring the pressure on, buddy!

it needs legs to jump up
"Everybody needs money. That's why they call it money" - Danny De Vito
  • #111,674
  • Sep 8, 2008 8:40pm Sep 8, 2008 8:40pm
Quoting lilmoe
yo there home boy, where ya been?
Between Work and Porn, I have little time left these days...

No really, just traveling a TON for work.
Que
  • #111,675
  • Sep 8, 2008 8:50pm Sep 8, 2008 8:50pm
Quoting JazzmanQ2
If Aud news is bad and A/Y sells off further watch out below!
I can't get the Calendar to load for some reason.....how did the 9:30 AUD numbers print.....

Anyone?

Thanks
--post hoc ergo propter hoc--
  • #111,676
  • Sep 8, 2008 8:52pm Sep 8, 2008 8:52pm
Quoting Monk
I can't get the Calendar to load for some reason.....how did the 9:30 AUD numbers print.....

Anyone?

Thanks
Retail Sales
0.1% against expected +0.6%
  • #111,677
  • Sep 8, 2008 8:53pm Sep 8, 2008 8:53pm
Quoting Monk
I can't get the Calendar to load for some reason.....how did the 9:30 AUD numbers print.....

Anyone?

Thanks
Negative numbers...but evidently some confusion
The Only Constant Is Change!
  • #111,678
  • Sep 8, 2008 9:03pm Sep 8, 2008 9:03pm
NZD seems that will continue to tank to 0.655, NZD/JPY going to hell.
The market can stay irrational, longer than you can stay solvent.
  • #111,679
  • Sep 8, 2008 9:07pm Sep 8, 2008 9:07pm
Quoting bmvmx
NZD seems that will continue to tank to 0.655, NZD/JPY going to hell.
And it will help drag the beast down with it!
The Only Constant Is Change!
  • #111,680
  • Sep 8, 2008 9:08pm Sep 8, 2008 9:08pm
Quoting quecee5
Retail Sales
0.1% against expected +0.6%
what's up Q.
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