Hey DonFriday and Grashid and all other guys who trys and glad to share their view points , thanx for your hard work on this thread 
Making money not by predicting just by following ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #185,823
- Jul 24, 2009 5:45am Jul 24, 2009 5:45am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
Hey DonFriday and Grashid and all other guys who trys and glad to share their view points , thanx for your hard work on this thread
H1 below Gann and H4 not yet..Rally & bounce session....
Anyway still keep my short from yesterday from 157.XX and 156.50 another short?
See what happen
- #185,825
- Jul 24, 2009 7:27am Jul 24, 2009 7:27am
i posted a daily chart yesturday sugesting it would be a bulish day and price could go to the uper trend line. it surpased it by a bit but the main thing is it closed back down below it. It shows me its a bearish sign. I will not short yet though till i get something on smaller time frame. cheers
i am targeting 154.90 area should see a bounce there. if it continues lower, (i dought) i dont care my targets reached. hope everyone else is doing fine. have a good weekend guys. - #185,826
- Jul 24, 2009 7:36am Jul 24, 2009 7:36am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
sory to do this but everyone else does it (quotes there own previous post) so let me have my fun
nice target that is my 30tf 115sma sitting...first tp hit new entry for short 20sma 15tf ...
trade safe.....i love GJ
MY OPINION NOT FINANCIAL ADVISE
- #185,827
- Jul 24, 2009 9:25am Jul 24, 2009 9:25am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
http://money.cnn.com/galleries/2009/...ult/index.html
I guess the economy is doing well...Look at all these big hotels default..
Here is the big picture where the market is going..
Look at the treasury..
http://money.cnn.com/2009/07/24/mark...ion=2009072407
Government bubble
http://money.cnn.com/2009/07/23/news...ion=2009072311
One more week before the BIG GJ fall.
IMHO
I guess the economy is doing well...Look at all these big hotels default..
Here is the big picture where the market is going..
Look at the treasury..
http://money.cnn.com/2009/07/24/mark...ion=2009072407
Government bubble
http://money.cnn.com/2009/07/23/news...ion=2009072311
One more week before the BIG GJ fall.
IMHO
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- #185,828
- Jul 24, 2009 9:43am Jul 24, 2009 9:43am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
http://money.cnn.com/galleries/2009/...ult/index.html
I guess the economy is doing well...Look at all these big hotels default..
Here is the big picture where the market is going..
Look at the treasury..
http://money.cnn.com/2009/07/24/mark...ion=2009072407
Government bubble
http://money.cnn.com/2009/07/23/news...ion=2009072311
One more week before the BIG GJ fall.
IMHO
lol ... no ... recession is over ..... banks are all making loads cash.
gj going to 200...
even bad news these days is just shrugged off ..... take yesterday for example .... unemployment claims up on month and they somehow spin it into something positive
I know one thing for sure .. .those poor unsuspecting retail investors that have confidence in the markets once more are going to get a nasty shock coming to them
Blogging daily now at www.volume.zone
- #185,829
- Jul 24, 2009 9:49am Jul 24, 2009 9:49am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Look at my new quote on the bottom post..
I want to see how they will sell the treasury bonds next week
I want to see how they will sell the treasury bonds next week
lol ... no ... recession is over ..... banks are all making loads cash.
gj going to 200...
even bad news these days is just shrugged off ..... take yesterday for example .... unemployment claims up on month and they somehow spin it into something positive
I know one thing for sure .. .those poor unsuspecting retail investors that have confidence in the markets once more are going to get a nasty shock coming to them
[
- #185,831
- Jul 24, 2009 9:55am Jul 24, 2009 9:55am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
http://money.cnn.com/2009/07/24/news...wage/index.htm
This should help improve the economy by putting all the small companies out of business
This is the changes I have been waiting for Obama..
This should help improve the economy by putting all the small companies out of business
This is the changes I have been waiting for Obama..
[
- #185,833
- Jul 24, 2009 10:03am Jul 24, 2009 10:03am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
http://money.cnn.com/2009/07/24/news...wage/index.htm
This should help improve the economy by putting all the small companies out of business
This is the changes I have been waiting for Obama..
pls advice me, is news really important to read to become a successful trader? previously i read news but i hardly understand them due to my lack of understanding in the data, when i check the news on ff i dont know what they mean sometime bad good news market still move against the news...okay so many bad news in Uk lately but gj still not collapsing ...
i am still new in the system but i trade gj with some of the method i learn from u and without news chart still prove me right or wrong sometime..
what do you think then?
MY OPINION NOT FINANCIAL ADVISE
- #185,834
- Jul 24, 2009 10:10am Jul 24, 2009 10:10am
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
- #185,835
- Jul 24, 2009 10:13am Jul 24, 2009 10:13am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Most news are lagging and the market already priced in the PA before the news release...
Here is an article I found that explain the old adage:
http://www.dailymarkets.com/stocks/2...y-on-bad-news/
Here is an article I found that explain the old adage:
http://www.dailymarkets.com/stocks/2...y-on-bad-news/
pls advice me, is news really important to read to become a successful trader? previously i read news but i hardly understand them due to my lack of understanding in the data, when i check the news on ff i dont know what they mean sometime bad good news market still move against the news...okay so many bad news in Uk lately but gj still not collapsing ...
i am still new in the system but i trade gj with some of the method i learn from u and without news chart still prove me right or wrong sometime..
what do you think then?
[
- #185,836
- Jul 24, 2009 10:19am Jul 24, 2009 10:19am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
LOL 
Inserted Video
lol ... no ... recession is over ..... banks are all making loads cash.
gj going to 200...
even bad news these days is just shrugged off ..... take yesterday for example .... unemployment claims up on month and they somehow spin it into something positive
I know one thing for sure .. .those poor unsuspecting retail investors that have confidence in the markets once more are going to get a nasty shock coming to them
[
))
- #185,839
- Jul 24, 2009 10:40am Jul 24, 2009 10:40am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
first target for sell and possible buy from that level to target 160.25...
my plan, my view and my experience..
plan ur trade and trade your plan..
trade safe.. c ya all later
target hit for today >Thanks God ...but why cant gj hit the bottom 20sma magenta at 154....OH GJ ....pls do it for me ...
http://www.forexfactory.com/showpost...stcount=185827
MY OPINION NOT FINANCIAL ADVISE
