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

  • #115,501
  • Sep 18, 2008 8:11am Sep 18, 2008 8:11am
Quoting mktjong
It looks to me like it's going to reverse down, anyone on this?

I agree, but I'm sure that if I entered short, it will reverse down 10 pips, then turn back and zoom breakout 100 pips.

So I have no freakin clue! we are on a key pivot level
  • #115,502
  • Sep 18, 2008 8:13am Sep 18, 2008 8:13am
Quoting mktjong
It looks to me like it's going to reverse down, anyone on this?
I am dizzy watching this show... can,t think straight.. my thoughts were it should go up....
Markets are not Random, they are designed!
  • #115,503
  • Sep 18, 2008 8:15am Sep 18, 2008 8:15am
Quoting seesaw
I agree, but I'm sure that if I entered short, it will reverse down 10 pips, then turn back and zoom breakout 100 pips.

So I have no freakin clue! we are on a key pivot level
.. this is a classic story ..
I sold @191.18, target open ..how about that to give u a boost .. LOL..
  • #115,504
  • Sep 18, 2008 8:19am Sep 18, 2008 8:19am
i see the bull is coming
4X is the biggest casino in the world...Open 24h Monday to Friday.
  • #115,505
  • Sep 18, 2008 8:23am Sep 18, 2008 8:23am
I see dead people

Quoting pipsy_2
i see the bull is coming
  • #115,506
  • Sep 18, 2008 8:23am Sep 18, 2008 8:23am
FXCM appreciates your concerns and would like to clarify a few of your questions.

This week we have large financial institutions fall due to what we believe was over exposure and taking on too much risk.

FXCM strives to limit unnecessary risk. FXCM operates under a No Dealing Desk Execution model. We provide you with streaming prices given to us directly from the banks and financial institutions. These are the prices you will see.

Brokers providing you with lower spreads may be tailoring the prices given to them by the banks and holding the risk on their end.

FXCM feels that it is in your best interest that we strive to limit our risk and will continue to provide you with the spreads and rollover rates we are receiving from the banks we work with.

In volatile market conditions like these that have caused multi-billion dollar entities to go under, we believe it would not require very many losses to wipe out a multi-million dollar entity. If they go bankrupt because of the risk they took on, you lose as well from having your funds frozen in bankruptcy litigation for years.

FXCM chose the no dealing desk execution model to avoid these conflicts and dilemmas with our clients.

We apologies for this inconvenience, but will continue to only stream you the prices and rollover that are given to us directly from banks and financial institutions


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Jaclyn Sales
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  • #115,507
  • Sep 18, 2008 8:23am Sep 18, 2008 8:23am
Quoting mktjong
.. this is a classic story ..
I sold @191.18, target open ..how about that to give u a boost .. LOL..

Wow, you are brave! I hope it works out for us. I went short right now with a teeny tiny position.
  • #115,508
  • Sep 18, 2008 8:25am Sep 18, 2008 8:25am
She can go aither way so just be ready for both sides with your attack squads and defense divisions of course
  • #115,509
  • Sep 18, 2008 8:25am Sep 18, 2008 8:25am
I told some of the newbies that the quick rise that happened yesterday was perfect opp to get out of a higher level long trade. Its all slide now there might 50-75 pips quick spike but IMO we are heading towards the black hole. Oct is going to be a killer for GJ IMO watch out for it to go to 170's. EU is going to go to hell too once the dust settles ECB is going to cut rates infact all the countries are going to cut rates so watch out for a volatile OCT. But hey this is forex you make money going up and you make money going down. Dont think long term right now think intraday and daily only. I have been consistent with my trading even in this volatile market cause I have not been taking too many positions, keeping the lot small and trading intraday and daily. I expect EU to spike down today during the day and then firm towards the end of the day. GJ is confusing cause momentum is down but ZLS is up so probably a spike down and then rise towards end of the day. Good luck guy will keep posting during the day.
  • #115,510
  • Sep 18, 2008 8:25am Sep 18, 2008 8:25am
covered geppy longs for now
"Millionaires don't use astrology, billionaires do"
  • #115,511
  • Sep 18, 2008 8:28am Sep 18, 2008 8:28am
Quoting seesaw
Wow, you are brave! I hope it works out for us. I went short right now with a teeny tiny position.
It's not brave, it's based on wall of resistance around 191.4x area and over-bought on 5 min chart.
  • #115,512
  • Sep 18, 2008 8:30am Sep 18, 2008 8:30am
http://4.bp.blogspot.com/_nmIuQsC9b-...P_USD+Spot.png
{Promotion Removed}
  • #115,513
  • Sep 18, 2008 8:31am Sep 18, 2008 8:31am
Quoting mktjong
It's not brave, it's based on wall of resistance around 191.4x area and over-bought on 5 min chart.

I saw that too, but was so chicken. After yesterday cable breaking through so many walls of resistance, anything can happen. But I'm bearish now
  • #115,514
  • Sep 18, 2008 8:32am Sep 18, 2008 8:32am
Some pattern observed on GJ 1h chart...
Attached Image
Lost...
  • #115,515
  • Sep 18, 2008 8:54am Sep 18, 2008 8:54am
no worries it is only big bull
4X is the biggest casino in the world...Open 24h Monday to Friday.
  • #115,516
  • Sep 18, 2008 9:09am Sep 18, 2008 9:09am
lol...fxcm spectating our thread. those cheaters at least show that they are lurking around here to get a grasp of our strategies

these markets are collapsing...ym is totally freakin out! oil 2usd up/down/up down...sick
  • #115,517
  • Sep 18, 2008 9:15am Sep 18, 2008 9:15am
Ok lets go down now bought one small short
4X is the biggest casino in the world...Open 24h Monday to Friday.
  • #115,518
  • Sep 18, 2008 9:17am Sep 18, 2008 9:17am
Quoting pipsy_2
Ok lets go down now bought one small short
natural gas inventories in 18 minutes. oil mover, currency mover
  • #115,519
  • Sep 18, 2008 9:18am Sep 18, 2008 9:18am
Quoting Dr.Geppynius
natural gas inventories in 18 minutes. oil mover, currency mover
50 easy pips... thank you market. closed now
4X is the biggest casino in the world...Open 24h Monday to Friday.
  • #115,520
  • Edited 10:02am Sep 18, 2008 9:19am | Edited 10:02am
Quoting Dr.Geppynius
lol...fxcm spectating our thread. those cheaters at least show that they are lurking around here to get a grasp of our strategies

these markets are collapsing...ym is totally freakin out! oil 2usd up/down/up down...sick

As is every forum on the net

World Governments are especially intrested in the philosophy forums
"Millionaires don't use astrology, billionaires do"
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