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

  • #114,441
  • Sep 16, 2008 5:12pm Sep 16, 2008 5:12pm
Quoting lilmoe
since all of u guys are scalping, allow me to join, long here for 100 pips
you got to be kidding right
Blogging daily now at www.volume.zone
  • #114,442
  • Sep 16, 2008 5:14pm Sep 16, 2008 5:14pm
Quoting KillerWhale
That's not very easy with the Oanda spread of 15 pips during the whole day.
it just turned 15 pips after 6pm (est), I was trading all day with 6-7 pips.
  • #114,443
  • Sep 16, 2008 5:17pm Sep 16, 2008 5:17pm
asia going to be interesting today

my spreads have widened also .. have done ok for day... may be back later
Blogging daily now at www.volume.zone
  • #114,444
  • Sep 16, 2008 5:18pm Sep 16, 2008 5:18pm
Posted by lilmoe
ps: if someone doesn't like it when someone is contributing or trying to contribute, plz keep that to yourself...
---
plz keep that to yourself... - a nice idea, thanks! Brother trader.
  • #114,445
  • Sep 16, 2008 5:21pm Sep 16, 2008 5:21pm
Quoting malcolmb14
you got to be kidding right

well, u'll never know!!! am i?
  • #114,446
  • Edited 5:34pm Sep 16, 2008 5:23pm | Edited 5:34pm
Bear With My Charts. Notice The 23.5% Retracement Of The Pair, I Feel The Next Point Is Below The O. Oo That Is,186.66 Region And Even Below This Region Can Be Expected. This Recent Movement Is Just A Fuzzz....but This Is Not A Context Of Who Is Right Or Wrong...am A Humble Trader And Would Love To Learn More From You Bright Traders...respect To You All...
Attached Image (click to enlarge)
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  • #114,447
  • Sep 16, 2008 5:24pm Sep 16, 2008 5:24pm
Quoting lilmoe
well, u'll never know!!! am i?
I followed you in ... yeah right

short off 187.77 ... if break that 187.50 level we go down fast as this is 50% fib retracement of move up today... liekly go to 186.6
Blogging daily now at www.volume.zone
  • #114,448
  • Sep 16, 2008 5:26pm Sep 16, 2008 5:26pm
Quoting naatha
Posted by lilmoe
ps: if someone doesn't like it when someone is contributing or trying to contribute, plz keep that to yourself...
---
plz keep that to yourself... - a nice idea, thanks! Brother trader.
hey, we're all bros!
  • #114,449
  • Sep 16, 2008 5:27pm Sep 16, 2008 5:27pm
Quoting malcolmb14
I followed you in ... yeah right

short off 187.77 ... if break that 187.50 level we go down fast as this is 50% fib retracement of move up today... liekly go to 186.6
are u sure u don't want to follow in?
  • #114,450
  • Sep 16, 2008 5:32pm Sep 16, 2008 5:32pm
Quoting rgitt05
It bounced off the 187.40 range..

Waiting for price action to head up..

Bounce of 187.40 before run UP? or run down?
  • #114,451
  • Sep 16, 2008 5:33pm Sep 16, 2008 5:33pm
Quoting lilmoe
are u sure u don't want to follow in?
going long?
I recommend you read something else as this sentence is now concluded.
  • #114,452
  • Sep 16, 2008 5:34pm Sep 16, 2008 5:34pm
I'm still long from 186.50 and target 191.50 for 500 pips total

Waiting on the Asia rally for my GJ target..

If my plan fails, than plan B short below 186.50

Good Luck

Attached Image (click to enlarge)
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  • #114,453
  • Sep 16, 2008 5:38pm Sep 16, 2008 5:38pm
If the AIG news come tonite is bad or Asia market react negative than lock in profits and go short below 186.50



Quoting seesaw
Bounce of 187.40 before run UP? or run down?
[
  • #114,454
  • Sep 16, 2008 5:38pm Sep 16, 2008 5:38pm
Today in the US stock market, every single bull in the world grabbed hold of that dead cat, and threw it as hard as humanly possible to the floor.

That dead cat bounced about 2 inches (5 cm for the rest of the world).

It's all downhill from here.
  • #114,455
  • Sep 16, 2008 5:39pm Sep 16, 2008 5:39pm


Quoting markam
Today in the US stock market, every single bull in the world grabbed hold of that dead cat, and threw it as hard as humanly possible to the floor.

That dead cat bounced about 2 inches.

It's all downhill from here.
[
  • #114,456
  • Sep 16, 2008 5:44pm Sep 16, 2008 5:44pm
Quoting Obaidah
going long?

yea, for a scalp.... don't jump in unless u know what u're doing...
  • #114,457
  • Sep 16, 2008 5:45pm Sep 16, 2008 5:45pm
Quoting markam
Today in the US stock market, every single bull in the world grabbed hold of that dead cat, and threw it as hard as humanly possible to the floor.

That dead cat bounced about 2 inches (5 cm for the rest of the world).

It's all downhill from here.
hahaa too funny
"Millionaires don't use astrology, billionaires do"
  • #114,458
  • Sep 16, 2008 5:45pm Sep 16, 2008 5:45pm
And in lighter news, AIG is down 46% in after-hours trading.
  • #114,459
  • Sep 16, 2008 5:49pm Sep 16, 2008 5:49pm
The fallout begins from lehman

Reserve Primary Money Fund Falls Below $1 a Share

Quote
Reserve Primary Fund, a money-market mutual fund with $64.8 billion in assets as of Aug. 31, fell below $1 a share in net asset value because of losses on debt issued by Lehman Brothers Holdings Inc.

Quote
The only other money-market fund to inflict losses on shareholders was the Community Bankers Mutual Fund in Denver, which liquidated in 1994 because of investments in interest-rate derivatives.

Quote
$64.8 billion in assets as of Aug. 31
Not anymore

http://bloomberg.com/apps/news?pid=2...kBs&refer=home
  • #114,460
  • Sep 16, 2008 5:49pm Sep 16, 2008 5:49pm
Quoting markam
And in lighter news, AIG is down 46% in after-hours trading.
Did I short that stocks .. oh no ..I only trade forex :-)
Can become an instant millionaire in the pain of others .. same as forex, is it?
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