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

  • #146,121
  • Dec 4, 2008 9:12am Dec 4, 2008 9:12am
Quoting karmostaji
If the the auto companies get the bailout, then yes.
Thanks
Enter Signature
  • #146,122
  • Dec 4, 2008 9:12am Dec 4, 2008 9:12am
Dow Below 7,200 in 2009: Charts- CNBC

Nice video on Yahoo..finance..to watch

if it may happen all the views of Lilmoe would be correct concern double digits of GJ.
  • #146,123
  • Dec 4, 2008 9:15am Dec 4, 2008 9:15am
Quoting capetown
Dow Below 7,200 in 2009: Charts- CNBC

Nice video on Yahoo..finance..to watch

if it may happen all the views of Lilmoe would be correct concern double digits of GJ.
yes, most likely scenario is a rally to apx 9600 - 10000 in dec. completing the wave B, and then the most scary Armagedon wave C down to sub 7000-6000 levels
  • #146,124
  • Dec 4, 2008 9:25am Dec 4, 2008 9:25am
when i look at YM GU and GJ, i find GJ and GU to be a bit more similar in charts...

i'm not worried what YM would do, i'm worried about what the pound would do right now...
  • #146,125
  • Dec 4, 2008 9:28am Dec 4, 2008 9:28am
btw what's boldylocks gonna be yapping about today? potentially market moving topic?
  • #146,126
  • Dec 4, 2008 9:40am Dec 4, 2008 9:40am
Anyone watching C-SPAN know when they're voting on the bailout?
Money & Pain Respect the market, protect your capital, be patient
  • #146,127
  • Dec 4, 2008 9:48am Dec 4, 2008 9:48am
Quoting toyboy tramp
Anyone watching C-SPAN know when they're voting on the bailout?

According to this latest from Bloomerg its next week...

"U.S. lawmakers have said they may schedule votes next week to aid automakers after hearings today and tomorrow. Leaders haven’t resolved a deadlock over how to provide aid, with Republicans backing use of Energy Department loans that were intended to help retool the industry and Democrats preferring to tap a $700 billion rescue package targeted for financial institutions. "
Trading Levels with WRBs
  • #146,128
  • Dec 4, 2008 9:51am Dec 4, 2008 9:51am
EURO is surging on bad bad news from EUR how funny is that
  • #146,129
  • Dec 4, 2008 9:52am Dec 4, 2008 9:52am
Quoting vinesh2
EURO is surging on bad bad news from EUR how funny is that
Go long, it's easy.
Trade what you see, not what you think.
  • #146,130
  • Dec 4, 2008 9:57am Dec 4, 2008 9:57am
Buy on dips, collect pips.
  • #146,131
  • Dec 4, 2008 9:59am Dec 4, 2008 9:59am
Quoting karmostaji
Go long, it's easy.
Hi Karmo, where do u see as target for this long.
  • #146,132
  • Dec 4, 2008 10:00am Dec 4, 2008 10:00am
Quoting vinesh2
EURO is surging on bad bad news from EUR how funny is that
It is to prepare it for another massive sell off. Pros want to sell when it is worth.
Discipline + Patience - Fear - Greed = Success
  • #146,133
  • Dec 4, 2008 10:05am Dec 4, 2008 10:05am
I cant go Long Karmo. Fundementals are in favor of a sell off but the technicals on some timeframes are bearish. Just frustrating that these big players are scamming out so many traders but doing these artificial spikes. If you heard the ECB press conf they said they are expecting -1 to 0% growth next year I mean if that not bearish I dont know what is.
  • #146,134
  • Dec 4, 2008 10:08am Dec 4, 2008 10:08am
Quoting dialpips
Hi Karmo, where do u see as target for this long.
I dont know about the others, BUT I am Short WHEN (but only with Sell confirmation) from those levels:

When (IF) GY touch Upper TL @ 136.80

http://www.doske.com/fx/snapshot-321.png






when GU touch upper channel @ 14740

http://www.doske.com/fx/snapshot-322.png
  • #146,135
  • Dec 4, 2008 10:08am Dec 4, 2008 10:08am
Quoting vinesh2
EURO is surging on bad bad news from EUR how funny is that

IMO cable & €'s rallies are more about Dollar weakness - swissy's off 100 in the same 2 hours that the others are + 100.....
Trading Levels with WRBs
  • #146,136
  • Dec 4, 2008 10:09am Dec 4, 2008 10:09am
Quoting arezab
It is to prepare it for another massive sell off. Pros want to sell when it is worth.
  • #146,137
  • Dec 4, 2008 10:22am Dec 4, 2008 10:22am
EXITed my Longs here

looking for my VOL sell confirmation

http://www.doske.com/fx/snapshot-324.png
  • #146,138
  • Dec 4, 2008 10:23am Dec 4, 2008 10:23am
Quoting Piters
I dont know about the others, BUT I am Short WHEN (but only with Sell confirmation) from those levels:

When (IF) GY touch Upper TL @ 136.80

http://www.doske.com/fx/snapshot-321.png






when GU touch upper channel @ 14740

http://www.doske.com/fx/snapshot-322.png
Well both were gone through, but it does not look very bearish to me at the mo
  • #146,139
  • Dec 4, 2008 10:24am Dec 4, 2008 10:24am
Quoting gillybabe
Well both were gone through, but it does not look very bearish to me at the mo
YEP, and that is why I said, I am waiting on SELL confiramtion..

Patience..
  • #146,140
  • Dec 4, 2008 10:26am Dec 4, 2008 10:26am
Quoting karmostaji
If the Auto companies get a bailout today, DOW will rally.

It's going to begin shortly...

Through no fault but my own I followed your call for this think to tank on Monday, instead it rallied and blew up my account. Valueble lesson learned. Never, ever follow someone else's call no matter how good you think they are. Trust yourself and your charts. I have decided to bid you all farewell. I have learned much from you all but realize that I do much better on my own at this point without any outside influence. I place no blame here accept for myself. Good luck to all and may my painful lesson be a lesson to all.
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