Your wish is my command......or some such bullsh*t like that......
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #149,581
- Dec 16, 2008 9:01am Dec 16, 2008 9:01am
- Joined Sep 2007 | Status: gone fishing | 5,782 Posts
- #149,582
- Dec 16, 2008 9:02am Dec 16, 2008 9:02am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #149,583
- Dec 16, 2008 9:06am Dec 16, 2008 9:06am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
They're going to drive this thing hard pre-Fed hoping for an outrageous rate cut. So that way should it not come they'll be able to spike it down hard, or continue higher.
- #149,585
- Dec 16, 2008 9:11am Dec 16, 2008 9:11am
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
i'm tired of predicting what those suckers will do...
What is keeping GJ stubborn at the moment is GU but I don't think it will be long before both GU and GJ are tanking ..
GU has a severe bearish divergence on hourly.
- #149,587
- Dec 16, 2008 9:15am Dec 16, 2008 9:15am
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
this is the sith time aroung geepee is testing the 38.10 point wouldn't know if its a strong resistance but i think if it breaks that point we cld cee 38.97..
just my tot....
j/k
- #149,588
- Dec 16, 2008 9:18am Dec 16, 2008 9:18am
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
i'm tired of predicting what those suckers will do...
Patience + Humility + Study = Success
- #149,590
- Dec 16, 2008 9:18am Dec 16, 2008 9:18am
Well, whatever they do, the interest rate is likely be lower, thus the rate differential between Yen and dollar is lower too. It shall drive UJ lower and hopefully drive GJ lower as well ..
What is keeping GJ stubborn at the moment is GU but I don't think it will be long before both GU and GJ are tanking ..
GU has a severe bearish divergence on hourly.
- #149,591
- Dec 16, 2008 9:23am Dec 16, 2008 9:23am
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
, old english you mean?
- #149,593
- Dec 16, 2008 9:24am Dec 16, 2008 9:24am
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
where will the rate cuts end..... -50%????????
- #149,594
- Dec 16, 2008 9:25am Dec 16, 2008 9:25am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
30 min is having issues getting buyers interested
GU has bearish divergence on the 60 min which may play out after the rate cut. The rate cut of .5 % is built in
The price on 30 min is trapped under the 50 sma and there is a 1-2-3 sell formation taking us back down to recent lows of 134.25 .
The rsx is still green ) up) but as soon as this turns on the 30 min and crosses down thru 60 it is time to go short for 300 pip ride down
The eu is still pushing higher and may fall hard later. as there is strong bearish div forming on 4 hr
GU has bearish divergence on the 60 min which may play out after the rate cut. The rate cut of .5 % is built in
The price on 30 min is trapped under the 50 sma and there is a 1-2-3 sell formation taking us back down to recent lows of 134.25 .
The rsx is still green ) up) but as soon as this turns on the 30 min and crosses down thru 60 it is time to go short for 300 pip ride down
The eu is still pushing higher and may fall hard later. as there is strong bearish div forming on 4 hr
Blogging daily now at www.volume.zone
- #149,596
- Dec 16, 2008 9:29am Dec 16, 2008 9:29am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
M,
is it TODAY the D-DAY ?
is it TODAY the D-DAY ?
- #149,597
- Dec 16, 2008 9:29am Dec 16, 2008 9:29am
- Joined Aug 2007 | Status: Trader | 2,616 Posts
Someone stop EURO's run its just killing off all dollar bulls!
- #149,599
- Dec 16, 2008 9:31am Dec 16, 2008 9:31am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
Someone stop EURO's run its just killing off all dollar bulls!