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

  • #118,381
  • Edited 9:31pm Sep 30, 2008 9:20pm | Edited 9:31pm
heading below 189.00 now... see where the 4hr closes.
  • #118,382
  • Sep 30, 2008 9:29pm Sep 30, 2008 9:29pm
Quoting markam
Should be a proud day in America tomorrow. We should break 10 trillion in public debt.

It was only 5.7 trillion when Bush took office. The one thing that he was successful at, bankrupting our country.

Heck of a job, you stupid POS!!!!!

But why this is rarely mentioned in/by the press. Is there a censorship taking on somewhere?
  • #118,383
  • Sep 30, 2008 9:32pm Sep 30, 2008 9:32pm
Quoting mktjong

But why this is rarely mentioned in/by the press. Is there a censorship taking on somewhere?
Bingo!!
  • #118,384
  • Sep 30, 2008 9:37pm Sep 30, 2008 9:37pm
In a bold bid to revive President Bush's multibillion-dollar financial rescue plan, Senate leaders scheduled a vote for Wednesday night on a version of the bill that adds substantial tax cuts meant to appeal to Republicans when it reaches the House.

The goal is to net at least 12 more House votes than the rescue proposal received Monday, when lawmakers rocked the political and financial worlds by rejecting it.

The gambit is certain to anger some conservative House Democrats, who object to tax cuts that are not offset with spending cuts. But Senate strategists assume it will gain more House votes than it will lose.

If so, Congress would be poised to pass landmark legislation giving the government billions of dollars to buy deeply discounted mortgage-backed securities that are choking off credit and roiling the markets.

The strategy is risky because some House members might see it as a high-handed move by senators. Senate passage of a bailout measure has seemed assured all along. The showdown is in the House, but now the Senate is trying to force the House's hand.
  • #118,385
  • Sep 30, 2008 9:38pm Sep 30, 2008 9:38pm
Quoting forexlion
these are trendlines based on daily reversals. clearly we will go up.
Good looking chart... Check your private message.
  • #118,386
  • Sep 30, 2008 9:40pm Sep 30, 2008 9:40pm
Up Down Up Down Wax On Wax Off... Stupid Market Half Broken These Days. Still Short Here....what You Guys Doing.
Price does what price wants , I just need to be prepared.
  • #118,387
  • Sep 30, 2008 9:41pm Sep 30, 2008 9:41pm
188.70 long ... lets see if i get another 100 pip trade


188.70 to 189.20 was channel earlier ... 188.70 seem to be holding
Blogging daily now at www.volume.zone
  • #118,388
  • Sep 30, 2008 10:23pm Sep 30, 2008 10:23pm
More and more pressure to pass the bail-out plan from around the world. If this time, the so called "Republican house reps" put out some surprises again .. then I don't know anymore ..

Read: http://www.msnbc.msn.com/id/26962762/
  • #118,389
  • Sep 30, 2008 10:26pm Sep 30, 2008 10:26pm
Quoting mktjong
More and more pressure to pass the bail-out plan from around the world. If this time, the so called "Republican house reps" put out some surprises again .. then I don't know anymore ..

Read: http://www.msnbc.msn.com/id/26962762/
you can be sure that if it doesn't pass later tonight, then they'll have to start a bill from scratch again and not pick up the pieces like what they're doing now.
  • #118,390
  • Sep 30, 2008 10:34pm Sep 30, 2008 10:34pm
Quoting Eulogy
you can be sure that if it doesn't pass later tonight, then they'll have to start a bill from scratch again and not pick up the pieces like what they're doing now.
I will ask them to include our Mr. Markam in the table discussion as he can see the picture of the overall US economy better than any of them ..at least Markam saw this is coming since last year
  • #118,391
  • Sep 30, 2008 10:44pm Sep 30, 2008 10:44pm
Quoting mktjong
I will ask them to include our Mr. Markam in the table discussion as he can see the picture of the overall US economy better than any of them ..at least Markam saw this is coming since last year
Markam is free of charge too instead of those so called 'house rep', 'gang rep', 'you rep' not 'me rep' that eating our hard-earned tax money especially from forex trade which we have invested with many 'margin calls account' and uncounted sleepless nights ..
..
  • #118,392
  • Sep 30, 2008 11:09pm Sep 30, 2008 11:09pm
my DJ weekly chart says they will pass the bill, and the bailout will go through.
  • #118,393
  • Sep 30, 2008 11:17pm Sep 30, 2008 11:17pm
gotta go now, see ya guys at london
  • #118,394
  • Oct 1, 2008 1:16am Oct 1, 2008 1:16am
yawn...
  • #118,395
  • Oct 1, 2008 1:40am Oct 1, 2008 1:40am
Quoting cancunkev
yawn...

  • #118,396
  • Oct 1, 2008 1:54am Oct 1, 2008 1:54am
Quoting rogerdoger
  • #118,397
  • Oct 1, 2008 2:20am Oct 1, 2008 2:20am
may go to 200.44 in the next few weeks and then FALL HARD......over the next few months

kinda matches with the 'fake sentiments' being created in the media then FALL hard when reality kicks in. 4 hour head and shoulders on the USD/JPY also to keep an eye on. 108.55 being the shoulder to watch and ride it down.

As for G/J, 200.44 to ride down. what do you think Experts?

Serendipity

P.S. PLEASE DO NOT Trade any discussions on the above. this is NOT A TRADE SIGNAL. do your OWN DUE diligence technically and keep an ear on the fundamentals
  • #118,398
  • Oct 1, 2008 2:23am Oct 1, 2008 2:23am
Quoting Serendipity
may go to 200.44 in the next few weeks and then FALL HARD......over the next few months

kinda matches with the 'fake sentiments' being created in the media then FALL hard when reality kicks in. 4 hour head and shoulders on the USD/JPY also to keep an eye on. 108.55 being the shoulder to watch and ride it down.

As for G/J, 200.44 to ride down. what do you think Experts?

Serendipity

P.S. PLEASE DO NOT Trade any discussions on the above. this is NOT A TRADE SIGNAL. do your OWN DUE diligence technically and keep an ear on the fundamentals
if the ADP and NFP are shit, which i think they will be this month, it may herald a fast downside.
  • #118,399
  • Oct 1, 2008 2:32am Oct 1, 2008 2:32am
Price should top out between 192.50 and 193.50 - would look to sell there on a failure to close above it. . . Daily chart still suggesting a bigger move downward (price trading below daily gann hi/lo)

However, the 4hr chart is screaming OS and looks to be heading upward to at least the 55 day EMA. On 4hr look for a break and close above gann hi/lo for confirmation of the up move. . .
  • #118,400
  • Oct 1, 2008 2:42am Oct 1, 2008 2:42am
i said 190 or lower and here u go
http://www.forexfactory.com/showthre...00#post2243600

now
aim aiming wave C to 204.5
let see
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