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

  • #113,861
  • Sep 16, 2008 12:40am Sep 16, 2008 12:40am
UK CPI coming at 4:30 EST...can't be good news
The Only Constant Is Change!
  • #113,862
  • Sep 16, 2008 12:42am Sep 16, 2008 12:42am
I believe in 4 minutes, we will see a nice pin on the M15.

HOWEVER, after I hit BE in 10 pips or so, I may close down the second position because I am losing faith.
Que
  • #113,863
  • Sep 16, 2008 12:42am Sep 16, 2008 12:42am
Nikkei still -600
HP to cut 24,000 jobs
The Only Constant Is Change!
  • #113,864
  • Sep 16, 2008 12:53am Sep 16, 2008 12:53am
Breaking News


Paulson: Americans Should Remain Confident in U.S. Financial System-


WEIRDO
New voice message: Why are you calling me? If I need you, I'll call you!
  • #113,865
  • Sep 16, 2008 12:53am Sep 16, 2008 12:53am
Ready for freefall
  • #113,866
  • Sep 16, 2008 12:54am Sep 16, 2008 12:54am
+20 again. Hmmmm what to do....
Que
  • #113,867
  • Sep 16, 2008 12:55am Sep 16, 2008 12:55am
Quoting ephisi
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
If we get a 15m QQE cross down, we will see new lows my friend.

187.50 is a key level.
Trade what you see, not what you think.
  • #113,868
  • Sep 16, 2008 12:55am Sep 16, 2008 12:55am
Moved stop to BE and gonna let it ride a bit with my swing trade.
Que
  • #113,869
  • Sep 16, 2008 1:00am Sep 16, 2008 1:00am
Stopped out at BE, should have taken 20 oh well
Que
  • #113,870
  • Sep 16, 2008 1:03am Sep 16, 2008 1:03am
Quoting Que
Stopped out at BE, should have taken 20 oh well
Yep, crazy market. Someone is propping this up
  • #113,871
  • Sep 16, 2008 1:09am Sep 16, 2008 1:09am
I could not resist. At 187.65 I did another small sell. SL 188.00 same as my swing trade.

Gonna let it run, target is 186.00 on both. If in the next 90 min or so it drops a lot, I will move my SL's down and move my target to 184.70.

Quoting seesaw
Yep, crazy market. Someone is propping this up
Que
  • #113,872
  • Sep 16, 2008 1:12am Sep 16, 2008 1:12am
2.5 hours and GBP CPI comes out. It should be better then predicted for the 4th straight month in a row, and this will drive GJ down.
Que
  • #113,873
  • Sep 16, 2008 1:13am Sep 16, 2008 1:13am
Quoting Que
I could not resist. At 187.65 I did another small sell. SL 188.00 same as my swing trade.

Gonna let it run, target is 186.00 on both. If in the next 90 min or so it drops a lot, I will move my SL's down and move my target to 184.70.
After watching the bulls vs bears at 187.50, I came to the conclusion that sentiment is still way way bearish. So I'm with you bro
  • #113,874
  • Sep 16, 2008 1:13am Sep 16, 2008 1:13am
Central banks pumping liquidity, including ECB, BOE, BOJ, RBA and others...I hate this crap! How much cash are they ready to burn?
The Only Constant Is Change!
  • #113,875
  • Sep 16, 2008 1:14am Sep 16, 2008 1:14am
UJ is just sitting there watching, waiting for it's prey
Trade what you see, not what you think.
  • #113,876
  • Sep 16, 2008 1:16am Sep 16, 2008 1:16am
Quoting karmostaji
If we get a 15m QQE cross down, we will see new lows my friend.

187.50 is a key level.

Karmo new 4hr is super bearish. No longs for me. im preparing for short. Perfect 4hr 5sma retracement
  • #113,877
  • Sep 16, 2008 1:17am Sep 16, 2008 1:17am
Quoting ephisi

Karmo new 4hr is super bearish. No longs for me. im preparing for short
The chart is extremely bearish, the only thing I'm just worried about is that the baldy Fed might have some tricks under his sleeves.

1 trick and the stupid markets will start to rally, lol.
Trade what you see, not what you think.
  • #113,878
  • Sep 16, 2008 1:19am Sep 16, 2008 1:19am
Quoting karmostaji
If we get a 15m QQE cross down, we will see new lows my friend.

187.50 is a key level.
GJ just touch 188.45, do you think it time to going short..?

txh
  • #113,879
  • Sep 16, 2008 1:20am Sep 16, 2008 1:20am
Quoting karmostaji
The chart is extremely bearish, the only thing I'm just worried about is that the baldy Fed might have some tricks under his sleeves.

1 trick and the stupid markets will start to rally, lol.
Hopefully that bald bastard will wait til rate release...patience smoke please...I need it as you can tell!
The Only Constant Is Change!
  • #113,880
  • Sep 16, 2008 1:22am Sep 16, 2008 1:22am
Quoting karmostaji
The chart is extremely bearish, the only thing I'm just worried about is that the baldy Fed might have some tricks under his sleeves.

1 trick and the stupid markets will start to rally, lol.
when they are sleeping? I think Bernanke is preparing to file for his Antarctica citizenship...
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