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

  • #152,841
  • Jan 14, 2009 5:52am Jan 14, 2009 5:52am
EDIT- Weaken the dollar
  • #152,842
  • Jan 14, 2009 5:53am Jan 14, 2009 5:53am
Quoting vinesh2
Why is the EUR going down? Bad retail sales and other fundamentals should weaken the EUR.
dump the fundies-dump the fundies-dump the fundies-dump the fundies-dump the fundies-dump the fundies-dump the fundies-dump the fundies

i repeated it about 3243 times.

fundamentals are only there TO MESS WITH the traders.

begin to realize they are not for yoru advantage and have nothing to do with these moves, except misleading!

what do you do as professional trader who has to place 5000 lots? you need opportunities and cannot just place a trade without getting crappy prices! and those opportunities are news when the idiot money does what the news suggests them to do.
mr. professional even helps to write the news.
  • #152,843
  • Jan 14, 2009 5:55am Jan 14, 2009 5:55am
Yesterday's low seems a psychological certainty.

Long in just sick gambling at the moment.
  • #152,844
  • Jan 14, 2009 5:57am Jan 14, 2009 5:57am
Sorry DOC but we still need to pay attention to the fundies as they are the catalyst for the moves. My question is what is the reason behind dollar strength? Why should dollar appreciate if the sales are so bad would't that be a catalyst to dump the dollar and go for a higher yielding currency?
  • #152,845
  • Jan 14, 2009 5:57am Jan 14, 2009 5:57am
Quoting ukdaytrader
Yesterday's low seems a psychological certainty.

Long in just sick gambling at the moment.
hlc always is.
i pay more attention to those values than dp.
  • #152,846
  • Jan 14, 2009 6:01am Jan 14, 2009 6:01am
There are some idiots out there who buy US Tresuries!!!

Quoting vinesh2
Sorry DOC but we still need to pay attention to the fundies as they are the catalyst for the moves. My question is what is the reason behind dollar strength? Why should dollar appreciate if the sales are so bad would't that be a catalyst to dump the dollar and go for a higher yielding currency?
  • #152,847
  • Jan 14, 2009 6:04am Jan 14, 2009 6:04am
Quoting vinesh2
Why is the EUR going down? Bad retail sales and other fundamentals should weaken the EUR.
Highly probable for EU to fall down to 1.3000 or even 1.2920 (LTL of H4 channel) before continue up.

1.3000 is %76.4 fib retrace.
Discipline + Patience - Fear - Greed = Success
  • #152,848
  • Edited 6:55am Jan 14, 2009 6:05am | Edited 6:55am
Seams we are developing H/S on 5min. Important level to watch is our Yesterday LOW as confluence now with Neck line on 5min H/S.

Breaking that my next level is my 127.86 [FE100], then 127.10 where we test the 1995low, and also 4H lower TL.

Charts:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: vsa-26.png Size: 33 KB
Click to Enlarge Name: vsa-27.png Size: 32 KB
  • #152,849
  • Jan 14, 2009 6:07am Jan 14, 2009 6:07am
Quoting vinesh2
Sorry DOC but we still need to pay attention to the fundies as they are the catalyst for the moves. My question is what is the reason behind dollar strength? Why should dollar appreciate if the sales are so bad would't that be a catalyst to dump the dollar and go for a higher yielding currency?
That's the point Dr G is trying to make. We all become confused by price action on the back of data. The issue is in our thinking, not our analysis.

News is only worth noting purely for the purposes of potential price movement, neither higher or lower.
  • #152,850
  • Jan 14, 2009 6:11am Jan 14, 2009 6:11am
Quoting rgitt05
plz don't trade with this state of mind.. You might make money..
lol
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #152,851
  • Jan 14, 2009 6:11am Jan 14, 2009 6:11am
Quoting Piters
The window opens, but have a lot of files there, you need a bit faster net.

here is your file, cheers
This is what i get when just atached that file!!!
Attached Image (click to enlarge)
Click to Enlarge Name: gh1.gif Size: 16 KB
Work smart not hard
  • #152,852
  • Jan 14, 2009 6:15am Jan 14, 2009 6:15am
Quoting sony
This is what i get when just atached that file!!!
lol I am sory, I am not using that indi, but only downloaded from AUS thread. Maybe someone who use that indi can help you.???

GUYS ??? Anyone ??
  • #152,853
  • Jan 14, 2009 6:16am Jan 14, 2009 6:16am
Quoting karmostaji
We are a bunch of noobs in here, why would fund managers want to read our analysis.. lol

Free analysis bro…instead of paid USD20 k ~ 30K to currency analysis
  • #152,854
  • Jan 14, 2009 6:18am Jan 14, 2009 6:18am
Quoting PandoraBox
Free analysis bro…instead of paid USD20 k ~ 30K to currency analysis

lol, recession,
they have to keep expeses DOWN
  • #152,855
  • Jan 14, 2009 6:19am Jan 14, 2009 6:19am
Quoting sony
This is what i get when just atached that file!!!
Sony, put this Indi in the indicator folder & restart MT4.
Attached File(s)
File Type: mq4 RSX.mq4   2 KB | 263 downloads
I trade what I see on my charts. Do Not listen to the Muppets.
  • #152,856
  • Jan 14, 2009 6:24am Jan 14, 2009 6:24am
Quoting sony
This is what i get when just atached that file!!!
It's all red ... then always sell this could make money at least in this market. JJ
Discipline + Patience - Fear - Greed = Success
  • #152,857
  • Jan 14, 2009 6:26am Jan 14, 2009 6:26am
Quoting Piters
lol, recession,
they have to keep expeses DOWN
Agreed ....
  • #152,858
  • Jan 14, 2009 6:33am Jan 14, 2009 6:33am
I need to reload that indicator...


Quoting arezab
It's all red ... then always sell this could make money at least in this market. JJ
[
  • #152,859
  • Jan 14, 2009 6:38am Jan 14, 2009 6:38am
GJ 5M & 15M rising but with decreasing vol ... could fall again after some retrace .. may be 15M 50EMA will be good spot to short again.
Discipline + Patience - Fear - Greed = Success
  • #152,860
  • Jan 14, 2009 6:47am Jan 14, 2009 6:47am
Quoting arezab
GJ 5M & 15M rising but with decreasing vol ... could fall again after some retrace .. may be 15M 50EMA will be good spot to short again.
Looks like yesterday's low would be tested again and even lower ..
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