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

  • #154,161
  • Jan 20, 2009 7:12am Jan 20, 2009 7:12am
Quoting rgitt05
Hopefully you will catch the big wave and make many pips..
thanks my friend, and i hope you will too.
  • #154,162
  • Jan 20, 2009 7:14am Jan 20, 2009 7:14am
Hopefully on track to hit S3 123.50 support before retracement..







Quoting rgitt05
I am bleeding trying to catch this falling knife.

Here I go again

I am hedging now....This PA today is crazy.. I am wondering if GU will collapse today...

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  • #154,163
  • Jan 20, 2009 7:29am Jan 20, 2009 7:29am
does anyone know the actual time the the new President gets sworn in?
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #154,164
  • Jan 20, 2009 7:30am Jan 20, 2009 7:30am
Quoting moneymagnet
does anyone know the actual time the the new President gets sworn in?
12 noon EST
  • #154,165
  • Jan 20, 2009 7:35am Jan 20, 2009 7:35am
Quoting SmoothTrader
12 noon EST
thx
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #154,166
  • Jan 20, 2009 7:37am Jan 20, 2009 7:37am
End of old contract, beginning of new
The February oil contract is set to terminate at 2:30 p.m. ET on Monday, after which the March contract will become the so-called "front-month" contract. That may lead to some volatility in crude prices during the day as investors scramble to cover short investments or find the right time to sell. Oil often experiences big moves in one direction or the other in the last hour of trade.
Oil futures are currently trading much higher in longer term contracts. The March contract, for instance, is trading at $40.47. The February 2010 contract is at $56.29, and the longest-term contract, December 2017, is trading at $76.65.
But that may not mean oil will rise any time soon. When contracts that are far in the future are trading higher than the current contract, that actually often helps drag front-month oil prices lower.
Called a "contango," traders often bet that oil supplies are too high now and may fall off in the future.
That's what happened with the February contract, which opened at $42.36 when it became the front-month contract, compared to the January contract's closing price of $33.87. Since then, the February contract has fallen by as much as $10.
Regarding supply, the president of the Organization of the Petroleum Exporting Countries oil cartel said Tuesday that OPEC's member countries are trying to match supply with demand, which has fallen off a cliff as the global economic crisis has deepened since September. OPEC countries have curbed output in the past months, and the president believes that oil will recover to $75 later this year.
Still, some analysts say the economy will need to recover before oil makes a material rise.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #154,167
  • Jan 20, 2009 7:55am Jan 20, 2009 7:55am
I'm breaking my own rules and trying to catch the bottom.

I guess I can take the Poll out of the signature huh!

B
  • #154,168
  • Jan 20, 2009 7:59am Jan 20, 2009 7:59am
i really thought the markets would look positive with obama

getting sworn in how wrong was i

i think ill take the dog for a walk safe trading guys
  • #154,169
  • Edited 8:26am Jan 20, 2009 8:04am | Edited 8:26am
Looks like volume has remained pretty steady on this pair. A look at the 1hr chart will show good volume on both up and down bars near 126.50 support.

Anyone have a view on this? Accumulation?

I can't imagine there are too many heavy sellers right now....
  • #154,170
  • Jan 20, 2009 9:05am Jan 20, 2009 9:05am
Quoting bigcoupe
I'm breaking my own rules and trying to catch the bottom.

I guess I can take the Poll out of the signature huh!

B
nice pick bc.

i would be careful in this area. just a thought.
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  • #154,171
  • Jan 20, 2009 9:29am Jan 20, 2009 9:29am
did anyone see the UJ?

it flew just after obama finished his speech. was EVERYONE listening then?
  • #154,172
  • Jan 20, 2009 9:31am Jan 20, 2009 9:31am
Quoting bigcoupe
I'm breaking my own rules and trying to catch the bottom.

I guess I can take the Poll out of the signature huh!

B

Be careful.... I am currently in a short at 226.61
  • #154,173
  • Jan 20, 2009 9:42am Jan 20, 2009 9:42am
U.S. president inauguration sparks hopes... while wall street financial terrorists are shorting the s.h.i.t. out of what's left from America.
not a pretty picture.
it is very sad. i didn't think i was going to live to see how this once free and brave country is dying.
Nihil Sine Deo.
  • #154,174
  • Jan 20, 2009 9:50am Jan 20, 2009 9:50am
Quoting Scrat
U.S. president inauguration sparks hopes... while wall street financial terrorists are shorting the s.h.i.t. out of what's left from America.
not a pretty picture.
it is very sad. i didn't think i was going to live to see how this once free and brave country is dying.
no matter HOW you look at it, it looks and surely feels like a good man has come into power

his speech was unprecedented. he challenged all those issues he deemed valuable during is campaign on the first minute of his presidency.

allow me to dedicate a post to congratulate him on this day, and may god help him and give him strength to fulfill what he believes should be done both inside and outside the borders of the US
  • #154,175
  • Jan 20, 2009 10:04am Jan 20, 2009 10:04am
Quoting lilmoe
no matter HOW you look at it, it looks and surely feels like a good man has come into power

his speech was unprecedented. he challenged all those issues he deemed valuable during is campaign on the first minute of his presidency.

allow me to dedicate a post to congratulate him on this day, and may god help him and give him strength to fulfill what he believes should be done both inside and outside the borders of the US
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #154,176
  • Jan 20, 2009 10:06am Jan 20, 2009 10:06am
Quoting lilmoe
no matter HOW you look at it, it looks and surely feels like a good man has come into power

his speech was unprecedented. he challenged all those issues he deemed valuable during is campaign on the first minute of his presidency.

allow me to dedicate a post to congratulate him on this day, and may god help him and give him strength to fulfill what he believes should be done both inside and outside the borders of the US
Amen !
  • #154,177
  • Jan 20, 2009 10:17am Jan 20, 2009 10:17am
my fellow Americans, to long or not to long, that is the question!
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #154,178
  • Jan 20, 2009 10:19am Jan 20, 2009 10:19am
Looks like its impossible to break the 125.5x area.
  • #154,179
  • Jan 20, 2009 10:26am Jan 20, 2009 10:26am
Quoting oleevier
it looks like whole day selling ...
in sexy stochastics thread i post yesterday night 3 setups , worked for more than 500 pips in 8 hours.

a lot of probability it will work too (500-1000 pips ?? maybe)
right now is +200 pips , i wonder if i should close or keep it ?
how do u see next few hours ?
any retracement or still poiting down ?
  • #154,180
  • Jan 20, 2009 10:28am Jan 20, 2009 10:28am
do you really believe that he has the power or passion to change anything? i cannot understand how you let yourselfs fooled (just in case you do..) over and over again, just by hot air.

he is just another muppet and has nothing to decide and it would have not made much of a difference if mccain or "something" else was president. just nominate some candidates, with different agendas and give the mass the feeling theat they have a choice and they decided who will lead them. lol, thats a lovely bedtime story

it is a perfect line of defense, to put a single person into a position and telling the whole world who mainly belives this crap, that he is the man who makes the final decisions.
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