"Millionaires don't use astrology, billionaires do"
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #113,981
- Sep 16, 2008 5:02am Sep 16, 2008 5:02am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
- #113,982
- Sep 16, 2008 5:04am Sep 16, 2008 5:04am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #113,983
- Sep 16, 2008 5:09am Sep 16, 2008 5:09am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
Both EU and GU are showing weakness after what I'd consider positive news (especially in case of German data), so whilst these are truly volatile times, why would USD strengthen against such data??? in moments like this this whole FX thing feels like gampbling 
Anyone can offer clued-up insights? (not GY but there appear some clued-up guys on this thread)
Anyone can offer clued-up insights? (not GY but there appear some clued-up guys on this thread)
Consistency and patience is everything
- #113,987
- Sep 16, 2008 5:49am Sep 16, 2008 5:49am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
picking bottoms is a dangerous game
The trend is your friend, DOWN
The trend is your friend, DOWN
Trade what you see, not what you think.
- #113,988
- Sep 16, 2008 5:52am Sep 16, 2008 5:52am
Both EU and GU are showing weakness after what I'd consider positive news (especially in case of German data), so whilst these are truly volatile times, why would USD strengthen against such data??? in moments like this this whole FX thing feels like gampbling
Anyone can offer clued-up insights? (not GY but there appear some clued-up guys on this thread)
if you look across markets - fx, commodities, stocks, cfd's etc - you will see general selling across the globe - americans are selling off their positions and repatriating money - i.e. buying USD - thats one reason and the other one is there is a lot of intervention going on to stabilise the market and ofcourse there is a lot of cross selling which is pulling down the majors
- #113,989
- Sep 16, 2008 5:53am Sep 16, 2008 5:53am
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
- #113,990
- Sep 16, 2008 5:58am Sep 16, 2008 5:58am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
I am back. i didnt miss anytin. Very dangerous to short at dese levels and b4 fed announcementsespecailly with lilmoes 100yard longs and 10centimeter stoploss. London is on break. Lets see what NY brings.
if you look across markets - fx, commodities, stocks, cfd's etc - you will see general selling across the globe - americans are selling off their positions and repatriating money - i.e. buying USD - thats one reason and the other one is there is a lot of intervention going on to stabilise the market and ofcourse there is a lot of cross selling which is pulling down the majors
Consistency and patience is everything
- #113,992
- Sep 16, 2008 6:01am Sep 16, 2008 6:01am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #113,993
- Sep 16, 2008 6:02am Sep 16, 2008 6:02am
as i expected the beast is falling targeting first level 186.30 then she will start heading to 180 level but this one is going to take more time to be reached
hope you the best trading .
this post dated sep,11 ,and now the beast targeting my level 180.00
I always knew that someday I would make it big
- #113,996
- Sep 16, 2008 6:08am Sep 16, 2008 6:08am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
Both EU and GU are showing weakness after what I'd consider positive news (especially in case of German data), so whilst these are truly volatile times, why would USD strengthen against such data??? in moments like this this whole FX thing feels like gampbling
Anyone can offer clued-up insights? (not GY but there appear some clued-up guys on this thread)
do you think the numbers are announced for your opportunity? NO
it is the easiest way to control/influence the herd. this reflects to all news.
as long as you think the are neutral and objective...yes...lol.
the news are just created for the opportunity of the people which spread them.
- #113,997
- Sep 16, 2008 6:09am Sep 16, 2008 6:09am
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
Why the rush to go long? once we get confirmation, we will ride the bull until then the daily trend is bearish.
A daily candle close below 185.88. 0%fib woud be nice
And yes no long signal yet
