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

  • #143,241
  • Nov 26, 2008 7:29am Nov 26, 2008 7:29am
busy day today, 13 US reports
  • #143,242
  • Nov 26, 2008 7:29am Nov 26, 2008 7:29am
I am just waiting..news are on the way...
and again to malcolmb..waiting for OR.
  • #143,243
  • Nov 26, 2008 7:29am Nov 26, 2008 7:29am
Buncha US news about to happen... Hold on
  • #143,244
  • Nov 26, 2008 7:30am Nov 26, 2008 7:30am
Quoting lilmoe
it's not about that bro, even if this starts diving down, selling support is a big NO NO....
i see short people just kidding bro!

Have a good Holiday All! 144 on the way with chop fest and all!
  • #143,245
  • Nov 26, 2008 7:32am Nov 26, 2008 7:32am
Quoting karmostaji
yes but im already short from 146.50
  • #143,246
  • Nov 26, 2008 7:34am Nov 26, 2008 7:34am
unemployment news positive marginally & good orders extremely bad & others + -.

overall very bad I think . So price will start reacting very soon .

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #143,247
  • Nov 26, 2008 7:36am Nov 26, 2008 7:36am
Quoting karmostaji
yes but im already short from 146.50
Might I ask how you knew to go short at 146.50 karmo, TIA
  • #143,248
  • Nov 26, 2008 7:38am Nov 26, 2008 7:38am
Quoting quecee5
i see short people just kidding bro!

Have a good Holiday All! 144 on the way with chop fest and all!
  • #143,249
  • Nov 26, 2008 7:40am Nov 26, 2008 7:40am
Quoting Fx chartist
Yeah, good point. How do you make your trading decision, by technical or fundamental analysis? I'm solely trading based on price-action, if I get a signal to sell then why I should bother about some incoming news event that I have no idea what it's about?
news are meaningless, except rate cuts in longer term.

regarding PA .20 was no sell there. pull up 2m, we have bottom reversals and long wicks on the candles to the downside.
  • #143,250
  • Nov 26, 2008 7:42am Nov 26, 2008 7:42am
i bet after malcomb's post, lots of other newbies sold sub 145

good luck. god bless the holy grail....

did ur short get stopped malcomb?
  • #143,251
  • Nov 26, 2008 7:43am Nov 26, 2008 7:43am
news were mixed but
Unemployment Claims was more important than the others .however pushed price
down and all technical reasons for selling are in hand. dubt for dow and remaining news
make some retracment but next few hours going down i think.
  • #143,252
  • Nov 26, 2008 7:43am Nov 26, 2008 7:43am
Quoting jaxbeach007
Might I ask how you knew to go short at 146.50 karmo, TIA
its the daily pivot and price failed several times to get above it, it got once but failed to stay there, so went short.
Trade what you see, not what you think.
  • #143,253
  • Nov 26, 2008 7:45am Nov 26, 2008 7:45am
Quoting lilmoe
i bet after malcomb's post, lots of other newbies sold sub 145

good luck. god bless the holy grail....

did ur short get stopped malcomb?
no as i said I grabbed 50 pips and looking for another short as I do nopt want to trade agianst 15 min trend , which is still down unless 15 min close above 146.2
Blogging daily now at www.volume.zone
  • #143,254
  • Nov 26, 2008 7:46am Nov 26, 2008 7:46am
Quoting peyman
news were mixed but
Unemployment Claims was more important than the others .however pushed price
down and all technical reasons for selling are in hand. dubt for dow and remaining news
make some retracment but next few hours going down i think.
you cannot explain the move with news..just a suck in maneuvre. just disregard the news...market crashes and the analysts try to pick any bad news out for it. selloff to make profits has to be explained somehow...
  • #143,255
  • Nov 26, 2008 7:46am Nov 26, 2008 7:46am
Quoting karmostaji
yes but im already short from 146.50
looks like u ll get burned soon
  • #143,256
  • Nov 26, 2008 7:46am Nov 26, 2008 7:46am
Quoting lilmoe
i bet after malcomb's post, lots of other newbies sold sub 145

good luck. god bless the holy grail....

did ur short get stopped malcomb?
and again to the PIP (not D S1 but FIBO)

http://www.doske.com/fx/snapshot-255.png
  • #143,257
  • Nov 26, 2008 7:47am Nov 26, 2008 7:47am
Quoting karmostaji
its the daily pivot and price failed several times to get above it, it got once but failed to stay there, so went short.
I think it will not fail to reach top today if new home sales also negative , till then no short doing .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #143,258
  • Nov 26, 2008 7:47am Nov 26, 2008 7:47am
Quoting xoiper
looks like u ll get burned soon
does your crystal ball tell this?

your long stops from higher prices tasted good

you are only contributing to the informational noise on the www
  • #143,259
  • Nov 26, 2008 7:50am Nov 26, 2008 7:50am
is that Fibo extentional??
can I ask from which point You draw that???


Quoting Piters
and again to the PIP (not D S1 but FIBO)

http://www.doske.com/fx/snapshot-255.png
  • #143,260
  • Nov 26, 2008 7:51am Nov 26, 2008 7:51am
Quoting karmostaji
yes but im already short from 146.50
Hello Karmostaji
What was your reason to go short from 146.50 ?
Thank you
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