I was just wondering whether if asia indices will remain bullish on mon, esp HSI. If it's so, then it may push up geppy again. And also note that HK has intervened with the currency markets.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #133,542
- Nov 7, 2008 12:26pm Nov 7, 2008 12:26pm
- Joined Sep 2006 | Status: Collector | 9,833 Posts
No, but you did say that U/J was going to something like 103.0 or 104.0 . . . that is not happening. Don't you agree it's very difficult to be bearish G/Y and bullish U/J? You say that you don't think G/J is going up, but you definitely state you thought U/J is going up.
Lets please drop this conversation... it's a waste of everyone's time
YES, and this is why..
UY is set to go to 103 - 104 area.. [thet;s is why we can find any sellers on UY]
UFF, as much I want to see that price bellow 90 mark, the charts and Volume on 5min are saying something else, there is a buyers, and they are buying UY from this levels. Are they are going to bring the price above 100? I don't think so, but also they are stopping any Sell on GY @ this moment, also CCI 30 [lilmoe's Indicator] is following the PA. however only dDIvergence I am seeing now on UY is on 1min TF..
BTW, I am short on both: UY and GY
- #133,544
- Nov 7, 2008 12:31pm Nov 7, 2008 12:31pm
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
2 candles close below ema 50
ema 14 will provide resistance at least it should
152 is not too far
cheers
ema 14 will provide resistance at least it should
152 is not too far
cheers
- #133,545
- Nov 7, 2008 12:32pm Nov 7, 2008 12:32pm
For me the guppy is still very much in no man's land .. below the 4h gann but dangerously close, could change at any time.
Karmo said above 154.40, long, below 150.50 short ... except for scalping, I think that sounds pretty safe.
Definitely a strange market today, especially the UJ behaviour.
- #133,547
- Nov 7, 2008 12:35pm Nov 7, 2008 12:35pm
Are you guys married ???
- #133,548
- Nov 7, 2008 12:37pm Nov 7, 2008 12:37pm
Adding to the story from the "Dow Jones market talk" feed I mentioned earlier, here is a 1h chart of USD/HKD, it shows clearly the intervention level (the red horizontal line) 
Whenver the price reaches 7.7499, the automatic PPT system triggers a buy!
Whenver the price reaches 7.7499, the automatic PPT system triggers a buy!
- #133,549
- Nov 7, 2008 12:38pm Nov 7, 2008 12:38pm
- Joined Sep 2007 | Status: Trader | 6,871 Posts
check out my blog: forexmademillionaire dot com
- #133,550
- Nov 7, 2008 12:39pm Nov 7, 2008 12:39pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Adding to the story from the "Dow Jones market talk" feed I mentioned earlier, here is a 1h chart of USD/HKD, it shows clearly the intervention level (the red horizontal line)
where did you obtain the info about intervention?TIA.
Cordial!
Jhon.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #133,551
- Nov 7, 2008 12:43pm Nov 7, 2008 12:43pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
To me, the 1H looks like a pretty textbook indication that we're headed lower. The small uptrend channel within the larger downtrend channel has been violated to the bottom and it should continue lower next week.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #133,552
- Nov 7, 2008 12:59pm Nov 7, 2008 12:59pm
Hi forexian, nice post!
TIA.
Cordial!
Jhon.
good pippin'
- #133,553
- Nov 7, 2008 1:02pm Nov 7, 2008 1:02pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Hi John, I have the "Dow Jones Market Talk" news feed on my platform. It is one of the best news feeds and is read by many Wall street traders.
good pippin'
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #133,555
- Nov 7, 2008 1:13pm Nov 7, 2008 1:13pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
I use two different platforms, MBT and a Swiss trading platform called Swissquote where I get the news feed.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #133,557
- Nov 7, 2008 1:19pm Nov 7, 2008 1:19pm
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
bearflag has been broken
have a good weekend folks
have a good weekend folks
- #133,558
- Nov 7, 2008 1:27pm Nov 7, 2008 1:27pm
- Joined Sep 2007 | Status: Trader | 6,871 Posts
check out my blog: forexmademillionaire dot com
