The U.S. agreed to speed up approval for Chinese financial institutions seeking to invest in the country, as Treasury Secretary Henry Paulson tries to find way to unlock frozen credit markets and stabilize banks.
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Auslanco - GBP/JPY and GBP/USD (newstrade)
- #146,362
- Dec 5, 2008 1:03am Dec 5, 2008 1:03am
- | Joined Dec 2006 | Status: o_O | 1,511 Posts
bring us 1.4 
took a small short at 1.4690 and will be looking to short good sized position on the break of Asian range ( if down)
took a small short at 1.4690 and will be looking to short good sized position on the break of Asian range ( if down)
- #146,364
- Dec 5, 2008 1:15am Dec 5, 2008 1:15am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
stopped out.
- #146,365
- Dec 5, 2008 1:18am Dec 5, 2008 1:18am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #146,367
- Dec 5, 2008 1:19am Dec 5, 2008 1:19am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
i love this candle 
- #146,368
- Dec 5, 2008 1:20am Dec 5, 2008 1:20am
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
Now sit on hands while GJ
- #146,370
- Dec 5, 2008 1:29am Dec 5, 2008 1:29am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
can you please tell me what resisitance is at 135.20-15?
If broken then it should serve as short-term resistance for a trip back to 134.50 which is also support then 133/131/129. 129 is major support so it may be hard to break on the first try if momentum is not strong enough. . . would have to see both UJ and GU move in the same direction for a decisive break of that support
- #146,371
- Dec 5, 2008 1:35am Dec 5, 2008 1:35am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
can you please tell me what resisitance is at 135.20-15?
- #146,373
- Dec 5, 2008 1:47am Dec 5, 2008 1:47am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Thanks.
Please do you use the fiboretracement? If yes, do you know how to get the prices to show at each of the levels?
GM all.
That's easy, open up the fib properties and after the level # under parameters put in a double space and then type %$ ......
Trading Levels with WRBs
GM all.
That's easy, open up the fib properties and after the level # under parameters put in a double space and then type %$ ......
Mediocrity is costly, contentment is great gain.
- #146,376
- Edited 2:23am Dec 5, 2008 2:11am | Edited 2:23am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
Yeah, that's what concern me, the buying or attempted stock recovery at the end of NY session. . . Also, price was unable to stay below previous support. . .
The fixing should give clues where price is headed next. . . I have a feeling price will bought up then driven up and dumped before NY close 2morrow and into Sunday's open. . .
However, I'm also looking at a 500 pip fall if price fails to get above DP. . . but the bullish sentiments on 1hr/4hr can't be ignore although 4hr stoch looks like it could turn shortly then we have a repeat of...
this excessive vol on ALL session end upbars since tuesday is toxic and always a selloff...i have seldom seen it that high before..and then on 3 consecutive days. a pump&dump.
when i saw what happend at 847 area yesterday again..it suddenly became clear what they are up to. this whole upmove of the futures above wednesdays highs was just another big pump.
i have seldom been so sure about what we expect today and there is not any bullish sign or bottom area today for me after yesterday which confirmed this heavy selloff preparation. i do not assume the drop will wait until monday, but if we might see a kind of rally today- oh boy, monday will be armageddon
the worst i can lose with those predictions here is just the free kebabs i offered, in case i am wrong
see chart here. lovely to see the selloffs, and when there is no more buyer stepping in which can be secured by bad nfp news...this heavily overshorted piece will be in freefall mode and the positions of the big money turns heavily green and gets supported by the panic selloff of the herd to the downside.
850 area on s&p, 8400 on ym is the thing. might be a nice way to rapidly retest the lows of 750 / 7500
- #146,377
- Dec 5, 2008 2:12am Dec 5, 2008 2:12am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
If price is near the upper trendline, and we see a rising volume,
then the traders are interested in breaking the upper trend line.
If price is moving to the lower trendline, and we see a falling volume,
then there is no interest in breaking the lower trendline to the low.
If it breaks (with a rising volume), we fall lower, maybe 130. But maybe not this week
Dr. "Volume" Geppynius may verify the volume
- #146,379
- Dec 5, 2008 2:35am Dec 5, 2008 2:35am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
the worst i can lose with those predictions here is just the free kebabs i offered, in case i am wrong
ok,The most important thing, where's kebab????
