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

  • #164,501
  • Mar 8, 2009 2:18pm Mar 8, 2009 2:18pm
Quoting rgitt05
You mean depreciate Lloyd nationalisation!!



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well, we will find out in less than two hours...confirmation will come up with gap up or gap down
The Market pays you to be disciplined
  • #164,502
  • Mar 8, 2009 2:28pm Mar 8, 2009 2:28pm
Quoting malcolmb14
check out daily gbpchf ...... breaking bear flag ... could be 1500 pip trade to downside forming .....maybe the better swing than GJ .
i hope you answer this when you have a chance, in the following chart we had a shake-out (1) on very high volume and on (2) we had a no demand sign and on (3) we had a test for that shake-out area on high volume, so according to VSA it should've dropped or start ranging because there's selling at that area, but it shot up .. why was that?
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I recommend you read something else as this sentence is now concluded.
  • #164,503
  • Mar 8, 2009 2:33pm Mar 8, 2009 2:33pm
Quoting Obaidah
i hope you answer this when you have a chance, in the following chart we had a shake-out (1) on very high volume and on (2) we had a no demand sign and on (3) we had a test for that shake-out area on high volume, so according to VSA it should've dropped or start ranging because there's selling at that area, but it shot up .. why was that?

I think that candle next to #3 shows strength( down bar with high volume)...
The Market pays you to be disciplined
  • #164,504
  • Edited 2:58pm Mar 8, 2009 2:47pm | Edited 2:58pm
Quoting mima
well, on www.forex-markets.com GBPUSD and GBPJPY are going up or no change since Friday...It seems that market appreciate Lloyd nationalisation...?
it might be good hard to say. it's possible the intial reaction could be to dump and it was kneejerk reaction before it stabalizes. the market could perceive it as bad and later change it's mind. nationalization might be good under certain circumstances as long as the government doesn't have the intent on keeping them. the bottom line is the debts fall on to the tax payer/consumer one way or another. if people can only pay debt it's not good for market conditions or capital flows. when people spend it's good but when they horde and only pay off debts it's not.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #164,505
  • Mar 8, 2009 3:33pm Mar 8, 2009 3:33pm
Maybe that bar at 2 was a sign of no demand because it seen supply come back in and maybe then 2 bars at 3 were supply being bought and confirmed with the next with exhaustion and BOOM demand know knew waters were safe to buy

1 bar alone means nothing
"Millionaires don't use astrology, billionaires do"
  • #164,506
  • Mar 8, 2009 3:40pm Mar 8, 2009 3:40pm
Hi Friends
How are you all? Hope you guys are ready for this weeks price action...... Could anybody help me with ..........how to post VT(CMS Visual trader charts) charts to this thread...........
Thank you all in advance
Happy trading
BANDA333
  • #164,507
  • Mar 8, 2009 3:49pm Mar 8, 2009 3:49pm
Quoting BANDA
Hi Friends
How are you all? Hope you guys are ready for this weeks price action...... Could anybody help me with ..........how to post VT(CMS Visual trader charts) charts to this thread...........
Thank you all in advance
Happy trading
i don't trade with vt but did you try right clicking the chart or file and save the image. then you just locate the file on your computer and post it as an attachment in a message.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #164,508
  • Mar 8, 2009 3:56pm Mar 8, 2009 3:56pm
i always get confused with the time change and market hours.

i am on EST.....anyone tell me what time we open today?
--post hoc ergo propter hoc--
  • #164,509
  • Mar 8, 2009 4:07pm Mar 8, 2009 4:07pm
Quoting Monk
i always get confused with the time change and market hours.

i am on EST.....anyone tell me what time we open today?
depends on what broker you use. Australia kicks off the open i think. technically open now.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #164,510
  • Mar 8, 2009 4:09pm Mar 8, 2009 4:09pm
alright fellow traders i dont think we need to worry too much about the

markets for a few hours yet so i thought i'd show you lot a web site i came

across this morning its called breathing earth .net - man if you like staring at

figures this stuff just blew my very small mind what i noticed quite quickly

is that no f$$$$$$ dies in the north off europe compared to the south off the

globe at a glance but i wonder if someone could incorporate trading co2

emissions going by the figures i doubt it plus i think the bottom line is im

just plain bored till asia opens even then it might be a quiet session - who's

to know

gd luck all and have a good week
  • #164,511
  • Mar 8, 2009 4:24pm Mar 8, 2009 4:24pm
Quoting cohiba pips
alright fellow traders i dont think we need to worry too much about the

markets for a few hours yet so i thought i'd show you lot a web site i came

across this morning its called breathing earth .net - man if you like staring at

figures this stuff just blew my very small mind what i noticed quite quickly

is that no f$$$$$$ dies in the north off europe compared to the south off the

globe at a glance but i wonder if someone could incorporate trading co2

emissions going by the figures i doubt it plus i think the bottom line is im

just...
according to that site people breed like flies and the US has a much higher death rate than i ever expected.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #164,512
  • Mar 8, 2009 4:27pm Mar 8, 2009 4:27pm
Quoting england33
according to that site people breed like flies and the US has a much higher death rate than i ever expected.
lol i find it crazy mate
  • #164,513
  • Mar 8, 2009 4:28pm Mar 8, 2009 4:28pm
8. MAR 09 trading plan for usd/jpy - buy at 98,27 - target 101,73
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Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #164,514
  • Mar 8, 2009 4:36pm Mar 8, 2009 4:36pm
Quoting cohiba pips
alright fellow traders i dont think we need to worry too much about the

markets for a few hours yet so i thought i'd show you lot a web site i came

across this morning its called breathing earth .net - man if you like staring at

figures this stuff just blew my very small mind what i noticed quite quickly

is that no f$$$$$$ dies in the north off europe compared to the south off the

globe at a glance but i wonder if someone could incorporate trading co2

emissions going by the figures i doubt it plus i think the bottom line is im

just...
weird....the sound the site makes is freaking my dogs out....like cockroaches coming to carry us away.....
--post hoc ergo propter hoc--
  • #164,515
  • Mar 8, 2009 4:37pm Mar 8, 2009 4:37pm
Quoting cohiba pips
lol i find it crazy mate
oh big time.. i can look at statistics myself for hours.
if you ever get a chance look up radiative forcing statistics.
of course this doesn't account for solar cycles but the
amount of co2 gases being produced are off the scale.

sorry for being off topic.
hug a tree it might save us lol.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #164,516
  • Mar 8, 2009 4:41pm Mar 8, 2009 4:41pm
Quoting england33
oh big time.. i can look at statistics myself for hours.
if you ever get a chance look up radiative forcing statistics.
of course this doesn't account for solar cycles but the
amount of co2 gases being produced are off the scale.

sorry for being off topic.
hug a tree it might save us lol.
i've always laughed at the "save the planet" bumper stickers and slogans.

they should read - "save the humans"

the planet earth is not going anywhere (except in 5 billion years when our sun becomes a red dwarf and swallows it)

Its the inhabitants of the earth that are going somewhere.
She is going to shake us off like a bad case of fleas.
--post hoc ergo propter hoc--
  • #164,517
  • Mar 8, 2009 4:43pm Mar 8, 2009 4:43pm
Currently trading at about the 139.00 level, looks like a bit of a gap up.
  • #164,518
  • Mar 8, 2009 4:50pm Mar 8, 2009 4:50pm
save malcolmb
  • #164,519
  • Mar 8, 2009 4:56pm Mar 8, 2009 4:56pm
Quoting forexlion
save malcolmb
can't be done lol..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #164,520
  • Mar 8, 2009 4:57pm Mar 8, 2009 4:57pm
Quoting PracticalPip
Currently trading at about the 139.00 level, looks like a bit of a gap up.
bit of a bid tone.. surprising. we'll see what happens further out..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
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