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

  • #134,621
  • Nov 11, 2008 10:49am Nov 11, 2008 10:49am
Quoting karmostaji
148.8 will be the critical level
I think we may not get there today. Retracement is due soon .. me think.. let's see.
  • #134,622
  • Nov 11, 2008 10:50am Nov 11, 2008 10:50am
Quoting forexlion

The Japanese Yen is About to Skyrocket.
It's Time to Jump On Board!
by Jack Crooks

Dear William,...
uj about to plunge. just warming up. i guess.
  • #134,623
  • Nov 11, 2008 10:51am Nov 11, 2008 10:51am
The moral of the above story is that whoever forecast 84 for GJ is absolutely correct, we will hit the double digit levels soon.
  • #134,624
  • Nov 11, 2008 10:51am Nov 11, 2008 10:51am
goosh....
was just interested in it...so got to figure out if its an EA or Indicator.?
  • #134,625
  • Nov 11, 2008 10:53am Nov 11, 2008 10:53am
Quoting mktjong
I think we may not get there today. Retracement is due soon .. me think.. let's see.
double bottom??
  • #134,626
  • Nov 11, 2008 10:55am Nov 11, 2008 10:55am
Quoting albashir
goosh....
was just interested in it...so got to figure out if its an EA or Indicator.?
ofcourse indicator
  • #134,627
  • Nov 11, 2008 10:56am Nov 11, 2008 10:56am
Quoting forexlion
The moral of the above story is that whoever forecast 84 for GJ is absolutely correct, we will hit the double digit levels soon.
thanks for the info.
  • #134,628
  • Nov 11, 2008 10:59am Nov 11, 2008 10:59am
Quoting gadawg
double bottom??
Besides double bottom, I look at FXCM latest SSI indicator position on Usd/Cad, which is quite bearish (it has almost an inverse relationship with Geppy). Thus, with the market is almost done today and we are at the bottom hence I can assume the retracement will be due soon.
  • #134,629
  • Nov 11, 2008 11:20am Nov 11, 2008 11:20am
Quoting mktjong
Besides double bottom, I look at FXCM latest SSI indicator position on Usd/Cad, which is quite bearish (it has almost an inverse relationship with Geppy). Thus, with the market is almost done today and we are at the bottom hence I can assume the retracement will be due soon.
Since, the time I posted, u could have net 80-100 pips ..
UCad was at the top, perfect combination ..
  • #134,630
  • Nov 11, 2008 11:21am Nov 11, 2008 11:21am
Quoting forexlion
The moral of the above story is that whoever forecast 84 for GJ is absolutely correct, we will hit the double digit levels soon.
ever hear of news is designed to mess with you

start reading stuff like that it is time to buy ......

how about oil when we all read it was going to $200 ..... I was shorting it at 148 and my trader buddies thought I was insane

one thing about the markets now is that when there is maximum panic the pros are buying

when there is max volatility a market bottom is close ...
Blogging daily now at www.volume.zone
  • #134,631
  • Nov 11, 2008 11:23am Nov 11, 2008 11:23am
Quoting malcolmb14
ever hear of news is designed to mess with you

start reading stuff like that it is time to buy ......

how about oil when we all read it was going to $200 ..... I was shorting it at 148 and my trader buddies thought I was insane

one thing about the markets now is that when there is maximum panic the pros are buying

when there is max volatility a market bottom is close ...
This is how the pros talk ..
  • #134,632
  • Nov 11, 2008 11:24am Nov 11, 2008 11:24am
The ppt is hard at work. I feel sick. It's going to take forever for this thing to reach 148. I need some patience pills Karmo!
"Don't trade to trade . . . trade to win." - James16
  • #134,633
  • Nov 11, 2008 11:26am Nov 11, 2008 11:26am
Quoting mktjong
This is how the pros talk ..

I remember dj at 14400 ... it was very volatile .... loads on my stock trading room were calling for 16000

I was persuading them to start loading up on put options for 6 to 10 months out
Blogging daily now at www.volume.zone
  • #134,634
  • Nov 11, 2008 11:28am Nov 11, 2008 11:28am
Quoting malcolmb14
I remember dj at 14400 ... it was very volatile .... loads on my stock trading room were calling for 16000

I was persuading them to start loading up on put options for 6 to 10 months out
Did u load up put at the time, M? If I knew.. if I knew .. u know what am I going to be .. hehehe .. j/k
  • #134,635
  • Nov 11, 2008 11:28am Nov 11, 2008 11:28am
How nice of the GJ tank train to come back to 152.00 to pick up the lonely bears who thought they missed out on the big move.
What's that smell?
  • #134,636
  • Nov 11, 2008 11:29am Nov 11, 2008 11:29am
Quoting mktjong
Besides double bottom, I look at FXCM latest SSI indicator position on Usd/Cad, which is quite bearish (it has almost an inverse relationship with Geppy). Thus, with the market is almost done today and we are at the bottom hence I can assume the retracement will be due soon.
excellent timing bro.
  • #134,637
  • Nov 11, 2008 11:30am Nov 11, 2008 11:30am
Quoting Flem26
The ppt is hard at work. I feel sick. It's going to take forever for this thing to reach 148. I need some patience pills Karmo!

may not get there in a hurry


152.11 and 153.55 on the cards right now.
Blogging daily now at www.volume.zone
  • #134,638
  • Nov 11, 2008 11:32am Nov 11, 2008 11:32am
Quoting mktjong
Did u load up put at the time, M? If I knew.. if I knew .. u know what am I going to be .. hehehe .. j/k
lol

I did well ..... bought dxd for the retirement plan .... all in .. $40 ... sold recently $105 .... while others were suffering i was ready ....

then bought $70 last week , sold again $81 today
Blogging daily now at www.volume.zone
  • #134,639
  • Nov 11, 2008 11:34am Nov 11, 2008 11:34am
right now is a great way to lose money

this is 60 pip chop if you fancy yourself as a day trader come back another day to play ... right now will have you dizzy in no time
Blogging daily now at www.volume.zone
  • #134,640
  • Nov 11, 2008 11:35am Nov 11, 2008 11:35am
Quoting pkimnyc
excellent timing bro.
I sold UCad at its top .. what a timing huh ..
Thanks.
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