The general market sentiment today is that with the expected collapse of GM and Chrysler, there is a massive selloff in the works. This may even break the 135 handle.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #167,921
- Mar 29, 2009 10:21pm Mar 29, 2009 10:21pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
- #167,924
- Mar 29, 2009 10:37pm Mar 29, 2009 10:37pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
Anybody Long From Here Cmp 137.50 On The Basis Of Japan Tankan Would Be Coming Very Poor Than The Estimated!!!!
but one thing is to be cautious of London boys who like to play tricks before the real trend resumes.
- #167,929
- Mar 29, 2009 10:52pm Mar 29, 2009 10:52pm
- | Commercial User | Joined Oct 2008 | 5,712 Posts
Anybody Long From Here Cmp 137.50 On The Basis Of Japan Tankan Would Be Coming Very Poor Than The Estimated!!!!
Will add another small long if she hit again @ 137.35...
- #167,930
- Mar 29, 2009 11:00pm Mar 29, 2009 11:00pm
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
With tp @ 138.35...Then out from entry and will come back during London where shea wanna go..but seems like market will be bounce between 100-150 up n down as 300pips consolidation is completed..unless she going to break 136.75..then may seen 135.10 last low test lol...
Will add another small long if she hit again @ 137.35...
- #167,932
- Mar 29, 2009 11:13pm Mar 29, 2009 11:13pm
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
- #167,933
- Mar 29, 2009 11:24pm Mar 29, 2009 11:24pm
- Joined Sep 2006 | Status: Collector | 9,833 Posts
I will add full load long if she hit below 137.
if we close today below daily gann and 50 ema..
eerrr..
and with G20 ... BS..
we may see even 120
just saying ... just sayinotherwise YES.. 136 should be a botom for today,. I agree.. we may se a spike to 135,90/136 and go back in NY session above the Gann to resume the longs to 155..
Still a question here is G20 and Soros statemetn ... lol cheers..
BTW. I sent some scout Long from here
- #167,935
- Mar 29, 2009 11:34pm Mar 29, 2009 11:34pm
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
depends how she HIT bro..
if we close today below daily gann and 50 ema..
eerrr..
and with G20 ... BS..
we may see even 120
otherwise YES.. 136 should be a botom for today,. I agree.. we may se a spike to 135,90/136 and go back in NY session above the Gann to resume the longs to 155..
Still a question here is G20 and Soros statemetn ... lol cheers..
BTW. I sent some scout Long from here
- #167,936
- Mar 29, 2009 11:47pm Mar 29, 2009 11:47pm
- Joined Sep 2006 | Status: Collector | 9,833 Posts
My Scribbles for today:
restest the 140.90/141.20 [the breakout of that descending - red wedge] is the most.. [if we get there]
otherwise, if the up move is the all we are seeing [just covering the gap??], then forming the new Wedge is only a Continuation Pattern, with pointing us only one way.. to retest the lower levels.
nice and cool !!!!And the NEW one.. 7 H later
- #167,938
- Mar 29, 2009 11:51pm Mar 29, 2009 11:51pm
- Joined Aug 2007 | Status: Jamaica | 1,069 Posts
Obaidah, over the weekend posted an improvement to my All_QQE indicator and this gave me an idea on how to duplicate the proprietory e-Signal Jurik RSX indicator.
So, Obaidah and myself have collaborated to produce the RSX indicator below, which changes color depending on whether the moving average of the RSX, is greater or lower than the RSX value itself.
I know quite a number of people have been asking for this, so we hope it helps.
So, Obaidah and myself have collaborated to produce the RSX indicator below, which changes color depending on whether the moving average of the RSX, is greater or lower than the RSX value itself.
I know quite a number of people have been asking for this, so we hope it helps.
- #167,939
- Mar 29, 2009 11:54pm Mar 29, 2009 11:54pm
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
depends how she HIT bro..
longs to 155..
Still a question here is G20 and Soros statemetn ... lol cheers..
BTW. I sent some scout Long from here
Most of the time their statement is for their hidden agenda. To buy at lower price or to sell at higher prices. They have hundred of technical analysis with huge capacity (Man power, workstation, programmer, even though they have GJ simulation to predict MACD and candle movement. Few month ago I heard instruction have been given to add in the code, Gann Hilo indicator).
Go to hell with their statement.
- #167,940
- Mar 29, 2009 11:58pm Mar 29, 2009 11:58pm
- Joined Sep 2006 | Status: Collector | 9,833 Posts
Most of the time their statement is for their hidden agenda. To buy at lower price or to sell at higher prices. They have hundred of technical analysis with huge capacity (Man power, workstation, programmer, even though they have GJ simulation to predict MACD and candle movement. Few month ago I heard instruction have been given to add in the code, Gann Hilo indicator).
Go to hell with their statement.
