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

  • #116,181
  • Sep 21, 2008 1:24pm Sep 21, 2008 1:24pm
Quoting rgitt05
I don't think we will ever use that number but it is good to know..

1 googol .. probably the amount your great grandkids will pay for an ice cream cone
  • #116,182
  • Sep 21, 2008 1:29pm Sep 21, 2008 1:29pm
Are you ready for another profitable week?



Quoting zero_line
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  • #116,183
  • Sep 21, 2008 1:32pm Sep 21, 2008 1:32pm
As long as you can make pips... There are millions of ways to trade this forex..What ever works for you stick with it...



Quoting TraderStar
malcomb the 'newbies' would be a lot safer following me (but don't do it, newbies!! ) than they would following YOUR system which jumps back and forth constantly.

I am not 'married' to any trend .. I follow longer term trends. GY has been bearish until proven otherwise and within that I short rallies and make pips doing so.
Thursday and Friday it started reversing .. I mostly stepped aside, went long once and shorted a few rallies.

Now it looks more bullish .. I will stand aside or buy dips cautionsly until I am sure of the trend/

I trade differently than you .. and I make pips .. so stop your bashing, to each his own way of trading!
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  • #116,184
  • Sep 21, 2008 1:34pm Sep 21, 2008 1:34pm
Quoting rgitt05
Right now the price is 197.37..

http://www.tenfore.com/markets.asp?symbol=GBPJPYLITEx

good link is that real time data?
  • #116,185
  • Sep 21, 2008 1:37pm Sep 21, 2008 1:37pm
I will verify this from another website..



Quoting Trader Neal
good link is that real time data?
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  • #116,186
  • Sep 21, 2008 1:47pm Sep 21, 2008 1:47pm
ouch...Lot of violatility in GJ before the opening...
http://www.tenfore.com/markets.asp?symbol=GBPJPYLITEx


Quoting rgitt05
I will verify this from another website..

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  • #116,187
  • Sep 21, 2008 1:56pm Sep 21, 2008 1:56pm
Quoting rgitt05
I will verify this from another website..

thanks
  • #116,188
  • Sep 21, 2008 1:57pm Sep 21, 2008 1:57pm
Quoting rgitt05
ouch...Lot of violatility in GJ before the opening...
http://www.tenfore.com/markets.asp?symbol=GBPJPYLITEx
This is going to be a wild week ... may everyone make a boatload of pips .. and watch those stops!!
  • #116,189
  • Sep 21, 2008 2:06pm Sep 21, 2008 2:06pm
My bias is still long and I am still in the trade from friday..



Quoting Trader Neal
thanks
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  • #116,190
  • Sep 21, 2008 2:11pm Sep 21, 2008 2:11pm
Quoting rgitt05
My bias is still long and I am still in the trade from friday..

cool thanks for the link. i needed a good quote site. bias long short term too. i'm looking for a reversal point or perhaps a good long entry depending on what happens next. luckily my intuition severed me right and i did not short. sorry shorts you have to play both ends in volatility.
  • #116,191
  • Sep 21, 2008 2:11pm Sep 21, 2008 2:11pm
Quoting rgitt05
My bias is still long and I am still in the trade from friday..

I think it will retrace a bit to at least 193.XX before it continue it's upward move. That's just for me. Well, let's see how it goes.
  • #116,192
  • Sep 21, 2008 2:14pm Sep 21, 2008 2:14pm
It all depends on what the feds say today that it will break the 197.00 area..Or the Asian market may think this is good for short term rally which may break the 197.00 and retrace to at least 200 area.. based on my charts

http://www.forexfactory.com/showpost...stcount=116081

You be the judge..

Last week opening was crazy so I'm expecting the same today..


Quoting FXObserver
I think it will retrace a bit to at least 193.XX before it continue it's upward move. That's just for me. Well, let's see how it goes.
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  • #116,193
  • Sep 21, 2008 2:16pm Sep 21, 2008 2:16pm
Oanda gj is 15 pips below Friday's close, no gap like last week.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #116,194
  • Sep 21, 2008 2:28pm Sep 21, 2008 2:28pm
Quoting rgitt05
My bias is still long and I am still in the trade from friday..

I wonder if she will gap & fill the previous gap, creating a new gap

If she gaps up, then I would expect a retrace to a TL around the mid 193's, but after that ... could be a rocket, she does love to go up rather than down!

But no-one listen to me! Karmo should be here soon .. I will be curious what he has to say now.
  • #116,195
  • Sep 21, 2008 2:29pm Sep 21, 2008 2:29pm
oanda is 196.10, about 100 pips below friday's close.

Quoting KillerWhale
Oanda gj is 15 pips below Friday's close, no gap like last week.
Nihil Sine Deo.
  • #116,196
  • Sep 21, 2008 2:30pm Sep 21, 2008 2:30pm
No news yet from the feds..

Quoting KillerWhale
Oanda gj is 15 pips below Friday's close, no gap like last week.
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  • #116,197
  • Sep 21, 2008 2:30pm Sep 21, 2008 2:30pm
Quoting FXObserver
I think it will retrace a bit to at least 193.XX before it continue it's upward move. That's just for me. Well, let's see how it goes.
Ooops .. I should have refreshed before posting ... looks like we are seeing the same thing
  • #116,198
  • Sep 21, 2008 2:30pm Sep 21, 2008 2:30pm
Price @ 196.1 now
  • #116,199
  • Sep 21, 2008 2:32pm Sep 21, 2008 2:32pm
Quoting Scrat
oanda is 196.10, about 100 pips below friday's close.
Alpari has Friday's close at 196.76, I think IBFX and some others are different. Wish they could all agree.
  • #116,200
  • Sep 21, 2008 2:32pm Sep 21, 2008 2:32pm
The Bush Administration's $700 billion financial rescue plan bears little resemblance to the government’s handling of the savings and loan crisis almost two decades ago—and may not be as successful, experts say.

The plan, which is still being hammered out with Congress, raises a number of red flags. First and foremost, unlike the process then, there’s no accompanying re-regulation of the financial services industry.


http://www.cnbc.com/id/26819607
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