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

  • #187,461
  • Aug 5, 2009 1:05pm Aug 5, 2009 1:05pm
on 60 min , ton of buying pressure 160.50 zone ... seen again today on dip to that area.

Range is 160.90 to 161.80 for now

this does look like it wants to break higher yet .... with the dips being bought.

Attached Image (click to enlarge)
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Blogging daily now at www.volume.zone
  • #187,462
  • Aug 5, 2009 1:09pm Aug 5, 2009 1:09pm
Quoting malcolmb14
not even ping pong nice channel It's just lets bounce this sucker all over place till those poor retial guys do not know if they are ocming or going ....
Hi there,
I'm new to this forum. Like all your people's views, comments, tips.

Malcomb question: you live on the Westcoast too:what's your favourite/best time to trade GJ?
Also: do you let your trades sometimes run overnight (I mean let it run in the European/UK session when we are supposed to sleep?)

thanks!
  • #187,463
  • Aug 5, 2009 1:16pm Aug 5, 2009 1:16pm
Quoting malcolmb14
on 60 min , ton of buying pressure 160.50 zone ... seen again today on dip to that area.

Range is 160.90 to 161.80 for now

this does look like it wants to break higher yet .... with the dips being bought.

Attachment
perhaps I ,misunderstand,,,but you are becoming bullish to 16190?
{Promotion Removed}
  • #187,464
  • Aug 5, 2009 1:20pm Aug 5, 2009 1:20pm
Quoting Groot
Hi there,
I'm new to this forum. Like all your people's views, comments, tips.

Malcomb question: you live on the Westcoast too:what's your favourite/best time to trade GJ?
Also: do you let your trades sometimes run overnight (I mean let it run in the European/UK session when we are supposed to sleep?)

thanks!
Newbies don't have any chance in trading, sooner or later you will lose all your money and go broke, Gauranteed

My advice to you or any newbie is forget about Forex and find a good job, fliping burgers at McDonalds is a great job for you.
https://diamondmanagedfx.com/prop-firm-passing-service/
  • #187,465
  • Aug 5, 2009 1:24pm Aug 5, 2009 1:24pm
watching PA closely ...nothing confirmed yet till we see the out come of the heavy news......GU is very bullish a close above previous day candle will confirm the run into 74. but waiting till we close today...Nice trade set up..
Attached Image (click to enlarge)
Click to Enlarge Name: Chart1.PNG Size: 46 KB
MY OPINION NOT FINANCIAL ADVISE
  • #187,466
  • Aug 5, 2009 1:26pm Aug 5, 2009 1:26pm
Quoting EuroMaster
Newbies don't have any chance in trading, sooner or later you will lose all your money and go broke, Gauranteed

My advice to you or any newbie is forget about Forex and find a good job, fliping burgers at McDonalds is a great job for you.
wtf ! Why are you hatin boy ?
  • #187,467
  • Aug 5, 2009 1:31pm Aug 5, 2009 1:31pm
Quoting EuroMaster
Newbies don't have any chance in trading, sooner or later you will lose all your money and go broke, Gauranteed

My advice to you or any newbie is forget about Forex and find a good job, fliping burgers at McDonalds is a great job for you.


i disagree to your advice mate...losing is like a skool fees that u got to pay and with ur risk reward u should manage ur capital wisely...every newbie should start from cent till he or she can control is emotion and detect the trend direction, losing is part of the game but at the end overall will be winning...every journey start from some where so u can sit home thinking moneny will come to u, getting rich is the hardest thing to over come..
dont always think u will be a loser till the end of time there is always Good day for u in your life..
trend is your friend
MY OPINION NOT FINANCIAL ADVISE
  • #187,468
  • Aug 5, 2009 1:33pm Aug 5, 2009 1:33pm
Quoting azibi
perhaps I ,misunderstand,,,but you are becoming bullish to 16190?

and higher ?

seems that dip thism orning to 160.59 got hit with buyers , now some BS on news wires about AIG. Stock up 60 % based on EPS 1.67. Friday is when they report.

Even the little dip to 161 a while back got hit by buyers.

I would like to see a move down into 160.50 test once morei n asia and maybe buy for move up in London
Blogging daily now at www.volume.zone
  • #187,469
  • Aug 5, 2009 1:35pm Aug 5, 2009 1:35pm
Quoting EuroMaster
Newbies don't have any chance in trading, sooner or later you will lose all your money and go broke, Gauranteed

My advice to you or any newbie is forget about Forex and find a good job, fliping burgers at McDonalds is a great job for you.
I thought trading was easy ? now you tell me I have no chance ...lol
Blogging daily now at www.volume.zone
  • #187,470
  • Aug 5, 2009 1:42pm Aug 5, 2009 1:42pm
Quoting malcolmb14
and higher ?

seems that dip thism orning to 160.59 got hit with buyers , now some BS on news wires about AIG. Stock up 60 % based on EPS 1.67. Friday is when they report.

Even the little dip to 161 a while back got hit by buyers.

I would like to see a move down into 160.50 test once morei n asia and maybe buy for move up in London
Yeag agree and cable looks very strong too until someone of BOE tells us tomorow that gbp rises too fast......
{Promotion Removed}
  • #187,471
  • Aug 5, 2009 1:43pm Aug 5, 2009 1:43pm
Quoting malcolmb14
I thought trading was easy ? now you tell me I have no chance ...lol
Trading is easy for me but not for the newbies who give their money to the brokers and make them rich, but as they say "A sucker is born every minute".
https://diamondmanagedfx.com/prop-firm-passing-service/
  • #187,472
  • Aug 5, 2009 1:46pm Aug 5, 2009 1:46pm
Quoting malcolmb14
and higher ?

seems that dip thism orning to 160.59 got hit with buyers , now some BS on news wires about AIG. Stock up 60 % based on EPS 1.67. Friday is when they report.

Even the little dip to 161 a while back got hit by buyers.

I would like to see a move down into 160.50 test once morei n asia and maybe buy for move up in London

i will not be surprise of gj break 162.58....GU have a strong bullishness a close of todays candle will confirm it base on what chart is telling, all gj need is new high i can see it coming soon ir later but if not rain go fall yamama...
MY OPINION NOT FINANCIAL ADVISE
  • #187,473
  • Aug 5, 2009 1:52pm Aug 5, 2009 1:52pm
Quoting EuroMaster
Trading is easy for me but not for the newbies who give their money to the brokers and make them rich, but as they say "A sucker is born every minute".


that sound like u are the top 10 trader in the world...i salute u..
dont forget yesterday is gone another day is coming, not all glitters is Gold so take it easy and let newbie follow ur back. when a man die he leave inheritance behind for the kidz so let me have my share in ur wheal
MY OPINION NOT FINANCIAL ADVISE
  • #187,474
  • Aug 5, 2009 1:53pm Aug 5, 2009 1:53pm
Quoting donfriday
i will not be surprise of gj break 162.58....GU have a strong bullishness a close of todays candle will confirm it base on what chart is telling, all gj need is new high i can see it coming soon ir later but if not rain go fall yamama...

i think 170 .... lol ... one of my mates says 173 .I thought he was nuts. Now after today I think he may be right.

NOTHING is going to drop this market ... nothing . NFP on friday could be -10 million they would not care .. keep on buying. They would find some way to spin it. Look adp today -375 .... another 375 k jobs lost . ISM .. less then expected .. no worries who cares .. lets buy stocks

lets see AIG saves the day 1.67 eps expected ... have they heard of how banks / insurance companies cook the books ?

the average retail investor is being suckered in .

trading is very hard these days. Asia seems to be a much easier session to trade with less bullshit on the new wires and less manipulation by high frequency trading.
Blogging daily now at www.volume.zone
  • #187,475
  • Aug 5, 2009 1:54pm Aug 5, 2009 1:54pm
Quoting donfriday
that sound like u are the top 10 trader in the world...i salute u..
dont forget yesterday is gone another day is coming, not all glitters is Gold so take it easy and let newbie follow ur back. when a man die he leave inheritance behind for the kidz so let me have my share in ur wheal
wot you could not find an emoticon with only the middle finger for the salute. ??/ lol
Blogging daily now at www.volume.zone
  • #187,476
  • Aug 5, 2009 1:58pm Aug 5, 2009 1:58pm
Quoting malcolmb14
and higher ?

seems that dip thism orning to 160.59 got hit with buyers , now some BS on news wires about AIG. Stock up 60 % based on EPS 1.67. Friday is when they report.

Even the little dip to 161 a while back got hit by buyers.

I would like to see a move down into 160.50 test once morei n asia and maybe buy for move up in London
id love to see a move to 160.50 as well, to get me out of this damn short.
  • #187,477
  • Aug 5, 2009 2:01pm Aug 5, 2009 2:01pm
Quoting malcolmb14
wot you could not find an emoticon with only the middle finger for the salute. ??/ lol
I was looking for the very same one too.
  • #187,478
  • Aug 5, 2009 2:01pm Aug 5, 2009 2:01pm
Quoting ewokuk
id love to see a move to 160.50 as well, to get me out of this damn short.

looks like ES going to close where it started or even higher .... market really is being manipulated up based on fumes.
Blogging daily now at www.volume.zone
  • #187,479
  • Aug 5, 2009 2:04pm Aug 5, 2009 2:04pm
ok ... AIG saves the day ....
what about this ???

total bullshit ,

this tells me that they do not want to insure the loans .... as they are to high risk ....

SAN FRANCISCO (MarketWatch) -- Taylor, Bean & Whitaker Mortgage Corp., the 12th largest U.S. mortgage lender, will close down its mortgage lending operations, The Wall Street Journal reported Wednesday on its Web site, citing an internal company email. The action comes after the Federal Housing Administration barred the privately owned Ocala, Fla.-based mortgage bank from making FHA-insured loans on Tuesday. The lender reportedly will not be able to complete or fund unfinished mortgages in its pipeline, according to the Journal
Blogging daily now at www.volume.zone
  • #187,480
  • Aug 5, 2009 2:11pm Aug 5, 2009 2:11pm
How am I supposed to buy on dips when there aren't any ?
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