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

  • #117,421
  • Sep 26, 2008 7:45am Sep 26, 2008 7:45am
Quoting karmostaji
My TP for shorts is 191.30 area which is the Daily gann hilo.
Way to go Karmo!

192.50 is good enough for me this week.
Do not follow my trades. Trade what you see on your own charts.
  • #117,422
  • Sep 26, 2008 7:45am Sep 26, 2008 7:45am
may be the kick in the butt that's needed.

Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 21 KB
" If I can't be my own, I'd feel better dead" - Alice In Chains
  • #117,423
  • Sep 26, 2008 7:49am Sep 26, 2008 7:49am
Quoting rrram2
Do you think we can retrace 100% down to 184's?
Or do you think it will go lower LT? I just dont see the bull returning to power anytime soon in GU or GJ.
The power could be in UJ, it's rebounding ..
In addition, if the congress pass the bill today ..
  • #117,424
  • Sep 26, 2008 7:51am Sep 26, 2008 7:51am
Quoting jeeper
may be the kick in the butt that's needed.

Attachment
Looks like GU is a dead cat bounce .. lol
  • #117,425
  • Sep 26, 2008 8:00am Sep 26, 2008 8:00am


Quoting mktjong
Looks like GU is a dead cat bounce .. lol
" If I can't be my own, I'd feel better dead" - Alice In Chains
  • #117,426
  • Sep 26, 2008 8:10am Sep 26, 2008 8:10am
didn't provide THAT kick in the butt. cute timing though. lol
" If I can't be my own, I'd feel better dead" - Alice In Chains
  • #117,427
  • Sep 26, 2008 8:11am Sep 26, 2008 8:11am
Quoting jeeper
Shorting both EU & GU have been a nice
I stay out of GJ today ..unless something changes.
  • #117,428
  • Sep 26, 2008 8:15am Sep 26, 2008 8:15am
yes, but i am not sure if this is that fall. i would think this is just a correction we are seeing on h4 chart, in which case it may go as low as 78.6 fib.
as for what's next, i favor another rally from 191/190 area.

Quoting rrram2
Do you think we can retrace 100% down to 184's?
Or do you think it will go lower LT? I just dont see the bull returning to power anytime soon in GU or GJ.
Nihil Sine Deo.
  • #117,429
  • Sep 26, 2008 8:17am Sep 26, 2008 8:17am
G/J ain't playin nice.If it gets my stops, i'm leavin it alone for the day.

Quoting mktjong
Shorting both EU & GU have been a nice
I stay out of GJ today ..unless something changes.
" If I can't be my own, I'd feel better dead" - Alice In Chains
  • #117,430
  • Sep 26, 2008 8:22am Sep 26, 2008 8:22am
There is a bearish flag on the 5/15m GJ chart
Trade what you see, not what you think.
  • #117,431
  • Sep 26, 2008 8:42am Sep 26, 2008 8:42am
The Birk Economic Recovery PLan
Hi Pals,

I'm against the $85,000,000,000.00 bailout of AIG.
Instead, I'm in favor of giving $85,000,000,000 to America in a We
Deserve It Dividend.
To make the math simple, let's assume there are 200,000,000 bonafide
U.S. Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman and
child. So 200,000,000 might be a fair stab at adults 18 and up..
So divide 200 million adults 18+ into $85 billon that equals
$425,000.00.
My plan is to give $425,000 to every person 18+ as a We Deserve It
Dividend.
Of course, it would NOT be tax free.
So let's assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife has $595,000.00.
What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage - housing crisis solved.
Repay college loans - what a great boost to new grads Put away money for
college - it'll be there Save in a bank - create money to loan to
entrepreneurs.
Buy a new car - create jobs
Invest in the market - capital drives growth Pay for your parent's
medical insurance - health care improves Enable Deadbeat Dads to come
clean - or else
Remember this is for every adult U S Citizen 18+ including the folks
who lost their jobs at Lehman Brothers and every other company that is
cutting back. And of course, for those serving in our Armed Forces.
If we're going to re-distribute wealth let's really do it...instead of
trickling out a puny $1000.00 ( 'vote buy' ) economic incentive that is
being proposed by one of our candidates for President.
If we're going to do an $85 billion bailout, let's bail out every adult
U S Citizen 18+!
As for AIG - liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.
Here's my rationale. We deserve it and AIG doesn't.
Sure it's a crazy idea that can 'never work.'
But can you imagine the Coast-To-Coast Block Party!
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the $85 Billion We
Deserve It Dividend more than I do the geniuses at AIG or in WashingtonDC.
And remember, The Birk plan only really costs $59.5 Billion because
$25.5 Billion is returned instantly in taxes to Uncle Sam.
Ahhh....I feel so much better getting that off my chest.
Kindest personal regards,
PS: Feel free to pass this along to your pals as it's either good for a laugh or a tear or a very sobering thought on how to best use $85 Billion!!
Price does what price wants , I just need to be prepared.
  • #117,432
  • Sep 26, 2008 8:44am Sep 26, 2008 8:44am
Quoting jeeper
G/J ain't playin nice.If it gets my stops, i'm leavin it alone for the day.
If it ever gets to 195 area, maybe a good short area. But I won't leave open over the week-end. A lot of uncertainties .. could gap up or down ..
Had long on UJ as well this morning at 105.10 closed for 40 pips ..
  • #117,433
  • Sep 26, 2008 8:48am Sep 26, 2008 8:48am
Your math is WAY off...

Using your estimates it is $425 per head....
  • #117,434
  • Sep 26, 2008 9:02am Sep 26, 2008 9:02am
wow not good not good
4X is the biggest casino in the world...Open 24h Monday to Friday.
  • #117,435
  • Sep 26, 2008 9:02am Sep 26, 2008 9:02am
was there news? that spike is not natural.
  • #117,436
  • Sep 26, 2008 9:03am Sep 26, 2008 9:03am
that was nice bearish flag
4X is the biggest casino in the world...Open 24h Monday to Friday.
  • #117,437
  • Sep 26, 2008 9:06am Sep 26, 2008 9:06am
Quoting cancunkev
Your math is WAY off...

Using your estimates it is $425 per head....
That's only $425. Wouldn't pay any mortgage or college tuition these days.
Do not follow my trades. Trade what you see on your own charts.
  • #117,438
  • Sep 26, 2008 9:06am Sep 26, 2008 9:06am
Ummmmmm.... this one takes the cake!!!

I know this bitch is crazy but where did this come from... NY just opening up?
  • #117,439
  • Sep 26, 2008 9:07am Sep 26, 2008 9:07am
A lovely move, classic GJ.
  • #117,440
  • Sep 26, 2008 9:08am Sep 26, 2008 9:08am
Took out my SL. That was biggest move of the week. WOW
Do not follow my trades. Trade what you see on your own charts.
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