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

  • #170,021
  • Apr 9, 2009 6:54am Apr 9, 2009 6:54am
P a t i e n c e
Trade what you see, not what you think.
  • #170,022
  • Apr 9, 2009 7:00am Apr 9, 2009 7:00am
Quoting karmostaji
P a t i e n c e
Karmo,

4hr 50ema is around 145.62 and at the same price there has been a consistent support.

A buy there should be a good deal...ur inputs ???
  • #170,023
  • Apr 9, 2009 7:03am Apr 9, 2009 7:03am
Ok. What is going on here - what has suddenly happened???
  • #170,024
  • Apr 9, 2009 7:04am Apr 9, 2009 7:04am
not too sure why though but US fut just spiked over 100 points.

Got it. Wells Fargo announcing a 0.55 profit
  • #170,025
  • Apr 9, 2009 7:05am Apr 9, 2009 7:05am
Quoting allendavid23
Karmo,

4hr 50ema is around 145.62 and at the same price there has been a consistent support.

A buy there should be a good deal...ur inputs ???
Price action is crazy atm, wait for a clear breakout...
Trade what you see, not what you think.
  • #170,026
  • Apr 9, 2009 7:05am Apr 9, 2009 7:05am
Quoting gillybabe
Ok. What is going on here - what has suddenly happened???
Wells Fargo 1Q earnings/share more than twice that expected.
  • #170,027
  • Apr 9, 2009 7:06am Apr 9, 2009 7:06am
Quoting ukdaytrader
Wells Fargo 1Q earnings/share more than twice that expected.
Thanks. I do at least like some sort of explanation for these things.
  • #170,028
  • Apr 9, 2009 7:07am Apr 9, 2009 7:07am
Wells Fargo Posts 55-cent per share profit, smashing estimates; Shares up 22% (
Trade what you see, not what you think.
  • #170,029
  • Apr 9, 2009 7:08am Apr 9, 2009 7:08am
Quoting forexlion
GBP bank rate in 90 minutes will go unchanged and this will cause GBP to gain strength, lifting GJ and GU and GCHF to new highs.

GU is already trending up slowly.

I am gonna grill those bears today, all bulls are cordially invited.
Hope the bulls are enjoying grilled bears.
  • #170,030
  • Apr 9, 2009 7:10am Apr 9, 2009 7:10am
Quoting forexlion
Hope the bulls are enjoying grilled bears.
There is no trend until either 148 or 146 is broken, until then GJ ranges.
Trade what you see, not what you think.
  • #170,031
  • Apr 9, 2009 7:12am Apr 9, 2009 7:12am
Quoting forexlion
Hope the bulls are enjoying grilled bears.
lol you are awake bro... was very quiet last 2H ... WHY .. I wonder ??
  • #170,032
  • Apr 9, 2009 7:18am Apr 9, 2009 7:18am
Quoting karmostaji
There is no trend until either 148 or 146 is broken, until then GJ ranges.
yup. still just a spike.. foods for the bear
  • #170,033
  • Apr 9, 2009 7:19am Apr 9, 2009 7:19am
Quoting karmostaji
P a t i e n c e
I just love it
  • #170,034
  • Apr 9, 2009 7:20am Apr 9, 2009 7:20am
wait wait wait. Wasn't Wells Fargo supposed to announce Q1 earnings on Wednesday, April 22, 2009, at 5 a.m. PDT (8 a.m. EDT) This is 2 weeks early.

The info isn't even on the Wells Fargo website yet
  • #170,035
  • Apr 9, 2009 7:24am Apr 9, 2009 7:24am
Quoting Eulogy
wait wait wait. Wasn't Wells Fargo supposed to announce Q1 earnings on Wednesday, April 22, 2009, at 5 a.m. PDT (8 a.m. EDT) This is 2 weeks early.

The info isn't even on the Wells Fargo website yet
Dunno tbh. It's all over Bloomies though.
  • #170,036
  • Apr 9, 2009 7:24am Apr 9, 2009 7:24am
Quoting Eulogy
wait wait wait. Wasn't Wells Fargo supposed to announce Q1 earnings on Wednesday, April 22, 2009, at 5 a.m. PDT (8 a.m. EDT) This is 2 weeks early.

The info isn't even on the Wells Fargo website yet
The San Francisco-based bank, which has received billions of dollars in government funds, says it expects to earn $3 billion, or 55 cents per share, for the quarter ended March 31. Analysts polled by Thomson Reuters, on average, forecast earnings of 23 cents per share.
I recommend you read something else as this sentence is now concluded.
  • #170,037
  • Apr 9, 2009 7:25am Apr 9, 2009 7:25am
guys, this isn't the actual earnings report. Its a jawbone from a WFC spokesperson
  • #170,038
  • Apr 9, 2009 7:28am Apr 9, 2009 7:28am
Quoting Eulogy
guys, this isn't the actual earnings report. Its a jawbone from a WFC spokesperson

Yes mate, you are correct: this is not a Official report.. only a NEWS, with WF earning EXPECTATION... good enough fot YM futures to rally 120points on NY open...

here:

(IGM)US Stocks futs have jumped on news that [WELLS FARGO] expects to post record earnings in Q1...

US Stocks futs have jumped on news that [WELLS FARGO] expects to post record earnings in Q1 of some Usd 3bln. The basis of the good news being the acquisition of Wachovia which WF say is exceeding expectations. This also a shot in the arm for Yen bears with Usd/Yen leaping to trade session highs around 100.35-40 and Eur/Yen trading back above 133.00. The only fly in the ointment is that lacklustre pre Easter trade could curtail a response, but further risk appetite trades should see Yen still lower on the crosses.
  • #170,039
  • Apr 9, 2009 7:28am Apr 9, 2009 7:28am
Bull need to break 147.40
  • #170,040
  • Apr 9, 2009 7:28am Apr 9, 2009 7:28am
Quoting mamufx
I am LONG GJ 146.60 target 147.60 with trailing stop 50 pips
come on hit my TP hehehehehe
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