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

  • #164,061
  • Mar 5, 2009 4:15am Mar 5, 2009 4:15am
Quoting oleevier
next target 138.25

i wasnt in trade , just happy my loss is smaller now

ehhhh wrong decision in wrong time
happens

hope it'll drop much more
trust me its a very bad idea to keep clinging on to bad trades
I recommend you read something else as this sentence is now concluded.
  • #164,062
  • Mar 5, 2009 4:16am Mar 5, 2009 4:16am
Quoting shahroodi
hi Q
this...
excerpt of MPC minute:
.....
To that end, and noting the recent exchange of letters between the Governor and the Chancellor of the Exchequer concerning the use of the Asset Purchase Facility for monetary policy purposes, the Committee agreed that the Bank should, in the first instance, finance £75 billion of asset purchases by the issuance of central bank reserves. The Committee recognised that it might take up to three months to carry out this programme of purchases. Part of that sum would finance the Bank of England’s programme of 1-private sector asset purchases through the Asset Purchase Facility, intended to improve the functioning of corporate credit markets. But in order to meet the Committee’s objective of total purchases of £75 billion, the Bank would also buy2- medium- and 3-long-maturity conventional gilts in the secondary market
....




QE is in progress http://qsmile.com/qsimages/38.gif


p.s:link of minute:
http://www.bankofengland.co.uk/publi...s/2009/019.htm
  • #164,063
  • Mar 5, 2009 4:17am Mar 5, 2009 4:17am
nice little professional head fake of their true intent over the last 20+ hours it seems, sometimes not always what things might look like to the untrained eye. I'll go back to my closet now GL everyone
"Millionaires don't use astrology, billionaires do"
  • #164,064
  • Mar 5, 2009 4:19am Mar 5, 2009 4:19am
Quoting Piters
EXIT at LEVEL 3.. [139.20] we may see a bounce from here:

  • #164,065
  • Mar 5, 2009 4:19am Mar 5, 2009 4:19am
Quoting Obaidah
trust me its a very bad idea to keep clinging on to bad trades

thanx mate for good advise
i trade small amounts and my depo whould be enough to handle big loss , i think i went in wrong time , but good direction
we'll see , have some triggers which tell me when to close cos im totaly wrong

thx anyway
  • #164,066
  • Mar 5, 2009 4:23am Mar 5, 2009 4:23am
Q today we roll on towards your previous thinking
"Millionaires don't use astrology, billionaires do"
  • #164,067
  • Mar 5, 2009 4:25am Mar 5, 2009 4:25am
target for GU , 1.3900
  • #164,068
  • Mar 5, 2009 4:39am Mar 5, 2009 4:39am
GJ Alert !!

  1. GJ will make a major move of 1 pip east within 1 second of making this post.

  • #164,069
  • Mar 5, 2009 4:41am Mar 5, 2009 4:41am
Quoting forexlion
GJ Alert !!

  1. GJ will make a major move of 1 pip east within 1 second of making this post.

How do you know?
Probability Professor
  • #164,070
  • Mar 5, 2009 4:42am Mar 5, 2009 4:42am
wonderful... will wait for down bars with low volume to enter long
I recommend you read something else as this sentence is now concluded.
  • #164,071
  • Mar 5, 2009 4:42am Mar 5, 2009 4:42am
Close below the trend line is required for downside to continue
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  • #164,072
  • Mar 5, 2009 5:03am Mar 5, 2009 5:03am
Quoting Piters
EXIT at LEVEL 3.. [139.20] we may see a bounce from here:
am will taking another short @ 140.25..and leave last sell lot to 138.50...My short from 140.25 with you this London just hit 139.25 lol when i just open my laptop...I felt it may seen back to 136.50 level...still watch out my H4/M5 atm.
  • #164,073
  • Mar 5, 2009 5:04am Mar 5, 2009 5:04am
testing... testing... 1...2..3..
  • #164,074
  • Mar 5, 2009 5:09am Mar 5, 2009 5:09am
Quoting Piters
testing... testing... 1...2..3..
Piter..another nice short lol..jobless in 30 min lol
  • #164,075
  • Mar 5, 2009 5:11am Mar 5, 2009 5:11am
Quoting grashid
am will taking another short @ 140.25..and leave last sell lot to 138.50...My short from 140.25 with you this London just hit 139.25 lol when i just open my laptop...I felt it may seen back to 136.50 level...still watch out my H4/M5 atm.
yes my friend, we are testing Fibo 50 and TOkyo session Low at 140.00

if we fail to test 5min ema, here then next target is down to high 136 area..
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  • #164,076
  • Mar 5, 2009 5:19am Mar 5, 2009 5:19am
Quoting Piters
yes my friend, we are testing Fibo 50 and TOkyo session Low at 140.00

if we fail to test 5min ema, here then next target is down to high 136 area..
Am looking 140.27 is the resistant M5/M15 right now...will look this how she react in another min..Update us if you find any strange in this PA ya
  • #164,077
  • Mar 5, 2009 5:28am Mar 5, 2009 5:28am
and there goes me dumping the one more indicator and that is CCI, 1 indicator left and that is QQE on M30 chart, i'll use it in times of uncertainty,

thanks for everyone who taught me about VSA
I recommend you read something else as this sentence is now concluded.
  • #164,078
  • Mar 5, 2009 5:35am Mar 5, 2009 5:35am
i wonder, i wanted to believe this move was priced into the market everyone new it was going to be .5 cut strange no shock there ? - looking at the futures they wont help matters much either we could be changing the mid term trend but i doubt it

happy pips to those that made em
  • #164,079
  • Mar 5, 2009 5:37am Mar 5, 2009 5:37am
Quoting Obaidah
and there goes me dumping the one more indicator and that is CCI, 1 indicator left and that is QQE on M30 chart, i'll use it in times of uncertainty,

thanks for everyone who taught me about VSA
i am kinda strange to the VSA stuff. can u tell me where i could stuffs to read about it. your help will be highly valued
thanks in advance
  • #164,080
  • Mar 5, 2009 5:43am Mar 5, 2009 5:43am
Quoting beejay
i am kinda strange to the VSA stuff. can u tell me where i could stuffs to read about it. your help will be highly valued
thanks in advance
the following books:
Master the markets by Roy Didlock.

Charting the Stock Market: The Wyckoff Method by Jack K. Hutson
I recommend you read something else as this sentence is now concluded.
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