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

  • #113,841
  • Sep 16, 2008 12:21am Sep 16, 2008 12:21am
Yeay,

Lets show the world what true capitalism is all about. Make all the money you possibly can by unethical business practices that do nothing but hurt the middle and lower class. Then when you can't pay your bills because your CEO's made Billions over the last 10 years, the tax payers will bail you out...

Quoting forex_newguy
FED is close to securing some sort of last minute 75bil loan to keep AIG afloat .. Not sure if its public or private ...
Que
  • #113,842
  • Sep 16, 2008 12:21am Sep 16, 2008 12:21am
Quoting karmostaji
The Fed is sleeping right now, he is dreaming about cutting rates or not. He is dreaming about if he should save his friends on Wall street tomorrow or he should just let them fail.

Poor baldy Fed.
LOL
your probably right .. he must have had more friends at bear sterns then he had at lehman .. LOL
  • #113,843
  • Sep 16, 2008 12:22am Sep 16, 2008 12:22am
Quoting forex_newguy
i agree, but if he does .. what effect will we see here?
If he cuts rate, GJ should fly to the sky
Trade what you see, not what you think.
  • #113,844
  • Sep 16, 2008 12:23am Sep 16, 2008 12:23am
Quoting karmostaji
I'm bearish overall unless the baldy Fed comes up with some magical solution to the crisis

Daily candle closed below 187.50 for the first time also.
I was thinking Bearish as well.
  • #113,845
  • Sep 16, 2008 12:23am Sep 16, 2008 12:23am
Quoting forex_newguy
LOL
your probably right .. he must have had more friends at bear sterns then he had at lehman .. LOL
I feel bad for Lehman, they thought the Fed will bail them out but they got punk'd

now AIG is on the chopping block, will they survive or not..
Trade what you see, not what you think.
  • #113,846
  • Sep 16, 2008 12:26am Sep 16, 2008 12:26am
AIG could save some money if they would quit running those commercials on Bloomberg.
History is written by the victors.
  • #113,847
  • Sep 16, 2008 12:27am Sep 16, 2008 12:27am
187.50 is acting as resistance, check out the 15m chart. This level is key.
Trade what you see, not what you think.
  • #113,848
  • Sep 16, 2008 12:28am Sep 16, 2008 12:28am
Where is lilmoe when you need the crapper?
Que
  • #113,849
  • Sep 16, 2008 12:29am Sep 16, 2008 12:29am
Quoting karmostaji
I feel bad for Lehman, they thought the Fed will bail them out but they got punk'd

now AIG is on the chopping block, will they survive or not..
Same for Washington Mutual, that's probably for next weekend.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #113,850
  • Sep 16, 2008 12:29am Sep 16, 2008 12:29am
Quoting karmostaji
If he cuts rate, GJ should fly to the sky
if surprise cut, GU will fly, UJ will get trampled. How can you predict which one's gonna have the quicker reaction?
  • #113,851
  • Sep 16, 2008 12:31am Sep 16, 2008 12:31am
Quoting karmostaji
187.50 is acting as resistance, check out the 15m chart. This level is key.
Yes, I notice that level... 187.50 seems to be strong resistance here.
  • #113,852
  • Sep 16, 2008 12:32am Sep 16, 2008 12:32am
Quoting dreed
Yes, I notice that level... 187.50 seems to be strong resistance here.
I have 159 key restance
The Only Constant Is Change!
  • #113,853
  • Sep 16, 2008 12:33am Sep 16, 2008 12:33am
Quoting Eulogy
if surprise cut, GU will fly, UJ will get trampled. How can you predict which one's gonna have the quicker reaction?
If the stock market rallies, UJ will try to rally as well along with it.

I've watched GJ before when the Fed had cut rate, and it has rallied.
Trade what you see, not what you think.
  • #113,854
  • Sep 16, 2008 12:33am Sep 16, 2008 12:33am
Quoting karmostaji
187.50 is acting as resistance, check out the 15m chart. This level is key.
it should break. i see alot of profit takers in covering positions waiting for fed rate.

Also UK CPI has been known to have bullish acrion b4 news
  • #113,855
  • Sep 16, 2008 12:34am Sep 16, 2008 12:34am
With the downgrade to AIG by Standard and Poors a horrible situation has gotten worse.

AIG actually is insuring Lehman's office space in Manhattan. They are supposed to pay the rent for Lehman for the next four years per their policy. Fundamentals are down down to the depths of he!!...
"Timing Is Everything. Really I Swear It Is"
  • #113,856
  • Sep 16, 2008 12:35am Sep 16, 2008 12:35am
Someone snuck some lemons into my apples
Que
  • #113,857
  • Sep 16, 2008 12:36am Sep 16, 2008 12:36am
Quoting Que
Someone snuck some lemons into my apples
we will get them apples. after a sucker retracement and hopes for a fed cut. he he he...
  • #113,858
  • Sep 16, 2008 12:37am Sep 16, 2008 12:37am
Quoting ephisi
Watchout. Bullish divergence on 15mins TF 30mins TF 1hr TF and slightly on 4hr.developing on daily and weekly.

we have had 1000pip rallys from this levels. At this point im being careful.anutin is possible. Londo n will tell
Que i hope u took ur profit. I tried so hard to get it down to 187, but i was tempted by d apple

i would only Go short after a big bearflag is broken
  • #113,859
  • Sep 16, 2008 12:37am Sep 16, 2008 12:37am
Im seriously not worried. Its comming right back down.
Que
  • #113,860
  • Sep 16, 2008 12:38am Sep 16, 2008 12:38am
I believe these are just injection spikes. All they can do is keep it afloat untill the money runs out.
Que
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