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

  • #136,161
  • Nov 13, 2008 3:02pm Nov 13, 2008 3:02pm
''Art is making something out of nothing and selling it'' Frank Zappa
  • #136,162
  • Nov 13, 2008 3:02pm Nov 13, 2008 3:02pm
Is there any news came out ?
4X is the biggest casino in the world...Open 24h Monday to Friday.
  • #136,163
  • Nov 13, 2008 3:02pm Nov 13, 2008 3:02pm
not a direction...,
for amusement purpose only!!!
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  • #136,164
  • Nov 13, 2008 3:02pm Nov 13, 2008 3:02pm
I guess the dow rallying some 570+ points doesn't fit into any Geppy tank situation.
  • #136,165
  • Nov 13, 2008 3:03pm Nov 13, 2008 3:03pm
Quoting pipsbull
not a direction...,
for amusement purpose only!!!
  • #136,166
  • Nov 13, 2008 3:04pm Nov 13, 2008 3:04pm
THE BEAST IS HEADING BACK UP AGAIN FOR 149.00 .LEVEL
I always knew that someday I would make it big
  • #136,167
  • Nov 13, 2008 3:07pm Nov 13, 2008 3:07pm
Quoting forexer
THE BEAST IS HEADING BACK UP AGAIN FOR 149.00 .LEVEL
1st of all I would let it get back into previous 4hr channel...,
Wouldn't it be a surprise if Asia "-" TONIGHT, dunno that...
  • #136,168
  • Nov 13, 2008 3:07pm Nov 13, 2008 3:07pm
Quoting forexer
THE BEAST IS HEADING BACK UP AGAIN FOR 149.00 .LEVEL
we should drop a little first before that climb
  • #136,169
  • Nov 13, 2008 3:07pm Nov 13, 2008 3:07pm
Quoting bpatto
Volumes have been massive since about 142.20. See graphs.
I was asking a few hours ago.

from what I know, big volume = change in trend, but I`m not sure.
  • #136,170
  • Nov 13, 2008 3:07pm Nov 13, 2008 3:07pm
i'm all out too. it's been fun.
  • #136,171
  • Nov 13, 2008 3:08pm Nov 13, 2008 3:08pm
Quoting peaches
I was asking a few hours ago.

from what I know, big volume = change in trend, but I`m not sure.
that's the understanding i have with volume.
  • #136,172
  • Nov 13, 2008 3:09pm Nov 13, 2008 3:09pm
Quoting pkimnyc
that's the understanding i have with volume.

  • #136,173
  • Nov 13, 2008 3:10pm Nov 13, 2008 3:10pm
Quoting peaches
I was asking a few hours ago.

from what I know, big volume = change in trend, but I`m not sure.
It's true most of times ... specially when a bear market gets exhausted.
Discipline + Patience - Fear - Greed = Success
  • #136,174
  • Nov 13, 2008 3:11pm Nov 13, 2008 3:11pm
dow closed, 1 h left for the daily candle with my broker.

retrace time.
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  • #136,175
  • Nov 13, 2008 3:13pm Nov 13, 2008 3:13pm
Quoting bpatto
Volumes have been massive since about 142.20. See graphs.
thanx, man
what feed is that? is like equotes, which gathers from over700 brokers?
  • #136,176
  • Nov 13, 2008 3:13pm Nov 13, 2008 3:13pm
Quoting peaches
I was asking a few hours ago.

from what I know, big volume = change in trend, but I`m not sure.
Usually that is the case.

On the other side of the coin:

Low volumes + big price moves = Manipulation.
{Some Profound Statement goes here}
  • #136,177
  • Nov 13, 2008 3:15pm Nov 13, 2008 3:15pm
Quoting pipsbull
thanx, man
what feed is that? is like equotes, which gathers from over700 brokers?
Full Reuters Kobra feed.
{Some Profound Statement goes here}
  • #136,178
  • Nov 13, 2008 3:16pm Nov 13, 2008 3:16pm
Quoting plrbear
we should drop a little first before that climb

now i know why do traders call it THE beast ?
I always knew that someday I would make it big
  • #136,179
  • Nov 13, 2008 3:20pm Nov 13, 2008 3:20pm
Quoting jon clogger
As soon as B is finished working itself out I think C takes us to 145.80 where we find the bears again.
this looks like the C wave you've been waiting for.
B wave overshot down taking the low of 5th wave, which happens sometimes.
will post a chart later.

don't think this is a reversal, since wave A has 3 wave structures. in order for this to be impulse, i think it should have 5 waves within the wave A.
  • #136,180
  • Nov 13, 2008 3:20pm Nov 13, 2008 3:20pm
just for the records...

GBP/JPY spread @ MB Trading ECN borker is...

ONLY...

38 pips atm...

and 30 mins ago was...

ONLY...

45 pips...
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