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

Next page

The spike at about 12:30pm bounced off F236; do we consider that point to go back up or is F236 not significant?

Can you specify Time Frame my friend ?

How many systems you trade bro? I see a new system or at least a new chart from you every week.

don't worry we've just saw one of the worst advanced GDP reports, as long as an analyst goes ahead and says that the banks are fine:

buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy

yeah bro... already happening.. YM futures are crazy.. 8070..

somebody here is DUMB, somebody smart Ass

Hey bro first of all there is no need to put everything of your trades, account status and TP or SL in the chart. Just put the chart itself. You don't need to prove to anybody by your chart if your trade hit SL or TP because nobody cares. You understand? It's ridiculous .. a childish action.

Second resize your chart. 800 * 600 please.

Edit: and delete this bullsh!t .. Ok?

Short .. short .. short ..
Dow is crazy .. people are blindly buying ..

good for new positions bro..
take off the small one and add the new... I love YM this month..
sooo predictable... as loong the 8200 resitance is solid..

but YEs, I agree.. this is very SAD.. they play too openly.. THEY DONT CARE.. bro..lol

I was looking at M30 TF... I zoomed in all the way from daily :nerd:
But I guess looking at the M30 time frame is too much detail, from daily?

nop..buy..lol.. malcolm has mention about this before..thanks mal

only swing.. like this sample... swing HI/LOW not all move.. if you are looking for larger move, then you should swithch to Higher TF... like 1h or 4h

[CHART]

So far the 142.00 is acting as the support and the last PB didn't break the support.. GJ looks tired but I think she is taking a rest for a big run to test the 145.00 resistance..Possibly some consolidation in that area before a BO to my 156.00 target..

IMHO

sorry but what does YM stands for?

Dow Jones Index Futures

Thanks!

Definition
The Federal Open Market Committee consists of the seven Governors of the Federal Reserve Board and five Federal Reserve Bank presidents. The FOMC meets eight times a year in order to determine the near-term direction of monetary policy. Changes in monetary policy are now announced immediately after FOMC meetings.

Description
The Fed determines interest rate policy at FOMC meetings. These meetings occur roughly every six weeks and are the single most influential event for the markets. For weeks in advance, market participants speculate about the possibility of an interest rate change -- or a change in the wording of the post-FOMC announcement that suggests a shift in policy -- at these meetings. If the outcome is different from expectations, the impact on the markets can be dramatic and far-reaching.
The interest rate set by the Fed, the federal funds rate, serves as a benchmark for all other rates. A change in the fed funds rate, the lending rate banks charge each other for the use of overnight funds, translates directly through to all other interest rates from Treasury bonds to mortgage loans. It also changes the dynamics of competition for investor dollars: when bonds yield 10 percent, they will attract more money away from stocks than when they only yield 5 percent.
The level of interest rates affects the economy. Higher interest rates tend to slow economic activity; lower interest rates stimulate economic activity. Either way, interest rates influence the sales environment. In the consumer sector, few homes or cars will be purchased when interest rates rise. Furthermore, interest rate costs are a significant factor for many businesses, particularly for companies with high debt loads or who have to finance high inventory levels. This interest cost has a direct impact on corporate profits. The bottom line is that higher interest rates are bearish for the financial markets, while lower interest rates are bullish.


US: Gross Domestic Product report comes out in approximately one hour.

Definition
Gross Domestic Product (GDP) is the broadest measure of aggregate economic activity and encompasses every sector of the economy. Description
GDP is the all-inclusive measure of economic activity. Investors need to closely track the economy because it usually dictates how investments will perform. Investors in the stock market like to see healthy economic growth because robust business activity translates to higher corporate profits. Bond investors are more highly sensitive to inflation and robust economic activity could potentially pave the road to inflation. By tracking economic data such as GDP, investors will know what the economic backdrop is for these markets and their portfolios.
The GDP report contains a treasure-trove of information which not only paints an image of the overall economy, but tells investors about important trends within the big picture. GDP components such as consumer spending, business and residential investment, and price (inflation) indexes illuminate the economy's undercurrents, which can translate to investment opportunities and guidance in managing a portfolio.

piter,do you see the ym will reverse soon for a major correction?

143.84 before any swing down


since macd is already swinging down, but not confirmed yet, 143.84 should be the bounce level down.

into

 

1. 141.47
2. 139.10
3. 136.17