Before Forex I was tall, and clean shaven. Now I am an Ewok.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #145,701
- Dec 3, 2008 1:35pm Dec 3, 2008 1:35pm
- Joined Oct 2008 | Status: aka Neal Vanderstelt | 2,902 Posts
- #145,703
- Dec 3, 2008 1:44pm Dec 3, 2008 1:44pm
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Trading Levels with WRBs
- #145,704
- Dec 3, 2008 1:47pm Dec 3, 2008 1:47pm
- Joined Oct 2008 | Status: aka Neal Vanderstelt | 2,902 Posts
LOL - I can actually find blue lines going up, down and sideways!
It would be much easier to interprate what you're you are trying to show us if you zoomed in on your daily charts and marked which blue line you are refering to......http://www.forexfactory.com/images/icons/icon12.gif
Before Forex I was tall, and clean shaven. Now I am an Ewok.
- #145,705
- Dec 3, 2008 1:48pm Dec 3, 2008 1:48pm
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Trading Levels with WRBs
- #145,706
- Dec 3, 2008 1:57pm Dec 3, 2008 1:57pm
- | Commercial User | Joined Dec 2007 | 1,089 Posts
Just a hint...
concern automakers..I used to live in Michigan in 1994 and went to College there. That time everyone talk Ford, Chevy, Lincoln and everyone was proud of US cars. When they seen Toyota or Honda, many of them said..junk.
I came back to US in last September, exactly to the same place plus I stayed in Kentucky for while and what I was surprised..they talked about Mazda, Infinity, Lexus and etc..sentiment change
I am from EU, I worked in USA, but I traveled more in Florida, California, but when I seen that this time, maybe all the problems with cars have some reason.
I own French car, but before I had Japanis ..great one, just change oil. If I would be able to buy one today..it would be just Japanis or German.
Just my thought about car bail out..if they dont pass it, whole Michigan can colapse..great people there, I had wonderful time and met superb people.
Respected foreigners
concern automakers..I used to live in Michigan in 1994 and went to College there. That time everyone talk Ford, Chevy, Lincoln and everyone was proud of US cars. When they seen Toyota or Honda, many of them said..junk.
I came back to US in last September, exactly to the same place plus I stayed in Kentucky for while and what I was surprised..they talked about Mazda, Infinity, Lexus and etc..sentiment change
I am from EU, I worked in USA, but I traveled more in Florida, California, but when I seen that this time, maybe all the problems with cars have some reason.
I own French car, but before I had Japanis ..great one, just change oil. If I would be able to buy one today..it would be just Japanis or German.
Just my thought about car bail out..if they dont pass it, whole Michigan can colapse..great people there, I had wonderful time and met superb people.
Respected foreigners
Well it has.....probably because of this...
Dec. 3 (Bloomberg) -- General Motors Corp., Ford Motor Co. and Chrysler LLC, struggling for support in Congress for aid, won money-saving union agreements to delay contributions to medical funds and suspend a program that pays laid-off workers.
Today’s move by the United Auto Workers...
- #145,707
- Dec 3, 2008 2:02pm Dec 3, 2008 2:02pm
- Joined Jan 2007 | Status: Trader | 11,838 Posts
30 day moving average on the first chart uk pound..
Also, can you explain the composition of the instruments that you have shown and how we can correlate them to GBPUSD and GBPJPY.....thanks.....
Trading Levels with WRBs
- #145,708
- Dec 3, 2008 2:12pm Dec 3, 2008 2:12pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
The "Detroit South" which are the Mercedes Benz, Mazda, Toyota, lexus,Honda,etc. I don't hear these companies having money problems...Maybe the Big three should following their business layout and come up with a similar infrastructure... I don't understand why the government is throwing good money into bad money...These companies had plently of time to get their business plan together... Why are they still selling big cars in a bad economy?...Their new lines of car for next year are not gas efficient as the foreigner cars...I don't see how these three companies can change the confidence of the american people to start buying junk car in such a short time...I own several Japanese cars, and now I own a german car..They never give me problems like the American car stories that I hear all the time. Let them fail and rebuild back themselves up like all the other companies that failed.....If they bailout the Big 3, who is next? This BS have to stop or we will absolutely collapse in no time...
Just a hint...
concern automakers..I used to live in Michigan in 1994 and went to College there. That time everyone talk Ford, Chevy, Lincoln and everyone was proud of US cars. When they seen Toyota or Honda, many of them said..junk.
I came back to US in last September, exactly to the same place plus I stayed in Kentucky for while and what I was surprised..they talked about Mazda, Infinity, Lexus and etc..sentiment change
I am from EU, I worked in USA, but I traveled more in Florida, California, but when I seen that this time, maybe...
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- #145,709
- Dec 3, 2008 2:16pm Dec 3, 2008 2:16pm
- Joined Oct 2008 | Status: aka Neal Vanderstelt | 2,902 Posts
Before Forex I was tall, and clean shaven. Now I am an Ewok.
- #145,713
- Dec 3, 2008 2:43pm Dec 3, 2008 2:43pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
i've been holding a short since 199.78 please advise?
Does the direction of the price goes from the lower left of the chart to the upper right OR does it go from the upper left, to the lower right ?
Fundamentals won´t change in a week or a month. Carry traders never thought about levels where we are now, and we now don`t think, that we reach 200 in a few weeks.
I think, we will know in spring, if we have a bottom now OR if there is space below. I think, we will reach two digits for geppy in the next few month and DOW 4000, but i will trade my charts
- #145,714
- Dec 3, 2008 2:50pm Dec 3, 2008 2:50pm
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Trading Levels with WRBs
- #145,716
- Dec 3, 2008 2:59pm Dec 3, 2008 2:59pm
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
again, i believe this will make a new small low... nothing serious. i'm thinking this current level or a bit lower to 136.07.
we should reverse from here/there and close the day somewhere close to 137.70-138....
we should have the same pattern for the rest of the week. and if it works out the same way, we will see a massive drop on monday...
- #145,717
- Dec 3, 2008 3:05pm Dec 3, 2008 3:05pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Good statement...I remembered when I went to engineering school, my professor told me that american design cars were made only to last for short time or the industry will dry up of new comsumers...I heard from an ex-workers from Ford or GMC that the company make more money on parts than selling the car....
I believe the big 3 companies can make good cars if they change their whole design of cars with more gas-efficient vehicles..The problem with changing to smaller cars is the profits margain will be smaller and it will take time to get the customers to buy american cars again.
I believe the big 3 companies can make good cars if they change their whole design of cars with more gas-efficient vehicles..The problem with changing to smaller cars is the profits margain will be smaller and it will take time to get the customers to buy american cars again.
I guess I have to post on this subject since I trained as an Automobile Engineer, finally spending several years as a Development Engineer in one of the Europe's top luxury manufacturers.
Many of the US cars and especially the SUVs are based on designs that are 30 / 40 years old....
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- #145,719
- Dec 3, 2008 3:07pm Dec 3, 2008 3:07pm
i keep looking back at this post..... AMAZING
Very good indeed! Couldn't have got much closer.
As for the big drop on Monday.......I think it could happen tomorrow dependant on whether we see a 1.5% rate cut. Time will tell
- #145,720
- Dec 3, 2008 3:08pm Dec 3, 2008 3:08pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Lilmoe,
The market already factored in the forecasted bad news release on that new drop...More will come after theBOE and EU rate cut tommorrow or the bailout decision next monday...
The market bias is bearish...
The market already factored in the forecasted bad news release on that new drop...More will come after theBOE and EU rate cut tommorrow or the bailout decision next monday...
The market bias is bearish...
i keep looking back at this post..... AMAZING
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