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

  • #121,181
  • Oct 10, 2008 8:45am Oct 10, 2008 8:45am
Plunge protection team hard at work!
  • #121,182
  • Oct 10, 2008 8:46am Oct 10, 2008 8:46am
Quoting markam
Yahoo is saying down 1045, that should halt trading.
follow the experts not yahoo

http://money.cnn.com/data/markets/
  • #121,183
  • Oct 10, 2008 8:47am Oct 10, 2008 8:47am
Quoting markam
People are expected the market to make a bottom and move up today, so the currency market is waiting for that.
and it did moved up with dow , but i missed it, hope you guys cought the move
  • #121,184
  • Oct 10, 2008 8:48am Oct 10, 2008 8:48am
Quoting forexlion
follow the experts not yahoo

http://money.cnn.com/data/markets/

yea, I like yahoos streaming data, but it is totally screwed up right now.
  • #121,185
  • Oct 10, 2008 8:51am Oct 10, 2008 8:51am
short from 170.10
FUBAR...
  • #121,186
  • Oct 10, 2008 8:52am Oct 10, 2008 8:52am
Quoting ak4x
short from 170.10
Alexander the Great was braver
  • #121,187
  • Oct 10, 2008 8:55am Oct 10, 2008 8:55am
Quoting ak4x
short from 170.10
its jumping like a RAT, and i m trying to catch it unsuccesssfully...
  • #121,188
  • Oct 10, 2008 8:56am Oct 10, 2008 8:56am
i just do what bullshit commands me to do
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  • #121,189
  • Oct 10, 2008 8:56am Oct 10, 2008 8:56am
The bearish trend is not over yet, I'm talking from a technical point of view.

once this bear flag breaks, I'm going short again, until then i'll steal 20-50 pips n run
Trade what you see, not what you think.
  • #121,190
  • Oct 10, 2008 8:57am Oct 10, 2008 8:57am
Quoting harora
its jumping like a RAT, and i m trying to catch it unsuccesssfully...
Pick your direction, make your bet and pray. I'm not sure what else will work right now.
  • #121,191
  • Oct 10, 2008 8:58am Oct 10, 2008 8:58am
Quoting markam
Pick your direction, make your bet and pray. I'm not sure what else will work right now.
Your analysis was spot on 1 year ago, I salute you sir
Trade what you see, not what you think.
  • #121,192
  • Oct 10, 2008 8:59am Oct 10, 2008 8:59am
this is very choppy. no trades today so far..
  • #121,193
  • Oct 10, 2008 8:59am Oct 10, 2008 8:59am
Ted spread is 4.59
  • #121,194
  • Oct 10, 2008 9:00am Oct 10, 2008 9:00am
Quoting karmostaji
Your analysis was spot on 1 year ago, I salute you sir
Thanks Karmo. Like I said a few days ago, I am not happy about being right so far.
  • #121,195
  • Oct 10, 2008 9:00am Oct 10, 2008 9:00am
Interesting to note that gold is down for the day.
  • #121,196
  • Oct 10, 2008 9:02am Oct 10, 2008 9:02am
Quoting markam
Pick your direction, make your bet and pray. I'm not sure what else will work right now.
i m thinking to get one of this
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  • #121,197
  • Oct 10, 2008 9:03am Oct 10, 2008 9:03am
Quoting lilmoe
this is very choppy. no trades today so far..
bear flag, price bounced exactly off the top TL at .35, 15m chart shows it clearly

Price is still below 1h 50ema, so 50ema and 4h gann should be resistance and as long as price remains below these 2, bears will win the battle

this is just my near-term view, till then I continue to scalp
Trade what you see, not what you think.
  • #121,198
  • Oct 10, 2008 9:03am Oct 10, 2008 9:03am
Quoting karmostaji
The bearish trend is not over yet, I'm talking from a technical point of view.

once this bear flag breaks, I'm going short again, until then i'll steal 20-50 pips n run
yes we are still in strong bear trend, this is just a correction till the kiss of death level 171.65

kiss of death is a term given to 4 hour T3 triple exponential moving average value 13.

GJ just goes up, kisses it then crashes down everytime.

Hence, I named it kiss of death.

I will be more interested in 155 level nefore we finally break this downtrend.
  • #121,199
  • Oct 10, 2008 9:03am Oct 10, 2008 9:03am
whoever's long from the bottom, u might want to hold on a bit to your trade.

i see a possible cup and handle formation (reversal). this really might be the bottom, i still believe so.
  • #121,200
  • Oct 10, 2008 9:06am Oct 10, 2008 9:06am
Quoting markam
Thanks Karmo. Like I said a few days ago, I am not happy about being right so far.
At least you knew what was coming and you had your cave and guns ready.

Hopefully this is not the end of the world but many people have suffered and are suffering all over the world because of this crisis. I hear sad stories everyday about people going broke and whatnot because of this crisis, even here in the Middle East.
Trade what you see, not what you think.
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