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

  • #187,841
  • Aug 6, 2009 8:01pm Aug 6, 2009 8:01pm
Quoting markam
Man, this is really the thread that won't die.

Don't let em fool you guys. The economy is going to go down hard this fall. The last 2 years has just been cartoon before the movie. Unfortunately, the movie is the titanic.

Attachment
Hi Markam, good to see u and I like your humour
  • #187,842
  • Aug 6, 2009 8:10pm Aug 6, 2009 8:10pm
Quoting mktjong
Well, haven't u seen enough either bull or bear divergence it can still go another 100-200 pips
RIGHT ANGLED ASCENDING BROADENING FORMATION.

Valid if 159.28 does not get taken out!!.. Valid until 158.50

I could not copy paste the info from the source.. so spent an Hour to make it. Hope I am not Wrong!!!
Attached Image (click to enlarge)
Click to Enlarge Name: right angled ascending broadening formation.jpg Size: 180 KB
Markets are not Random, they are designed!
  • #187,843
  • Aug 6, 2009 8:11pm Aug 6, 2009 8:11pm
Quoting markam
Man, this is really the thread that won't die.

Don't let em fool you guys. The economy is going to go down hard this fall. The last 2 years has just been cartoon before the movie. Unfortunately, the movie is the titanic.

Attachment
ok what ever i guess your one that would say that futures are tanking even though at the moment they are barely down. please post some ta or other relevant information before making a joke about it because it's kind of rude as we have been in a very long legitimate discussion. if you can't argue with facts you have no argument. aside from that i personally didn't say it wouldn't go down but it won't tank 500 points or what ever if it does like the perma bears say. so anyway post some real info. and pictures of people dieing is very tasteless.

http://flagstore.flagsbay.com/images...g%20Flying.jpg
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,844
  • Aug 6, 2009 8:15pm Aug 6, 2009 8:15pm
Quoting markam
Man, this is really the thread that won't die.

Don't let em fool you guys. The economy is going to go down hard this fall. The last 2 years has just been cartoon before the movie. Unfortunately, the movie is the titanic.

Attachment
good to see you markam.
  • #187,845
  • Aug 6, 2009 8:19pm Aug 6, 2009 8:19pm
Quoting england33
ok what ever i guess your one that would say that futures are tanking even though at the moment they are barely down....
markam is not a technical trader like we are....
his analysis is solely based on fundies.
predicted this fall will happen 2 yrs ago.

he has given us enough reasons why the market should be tanking.
  • #187,846
  • Aug 6, 2009 8:27pm Aug 6, 2009 8:27pm
Quoting malcolmb14
ok short 160.5 as planned earlier ....

now lets see if those crazy guys spike this 100 pip . I have wide stop for 159 to 158 in london .

update 90 pips profit on half , stop be +20 other half
Blogging daily now at www.volume.zone
  • #187,847
  • Aug 6, 2009 8:28pm Aug 6, 2009 8:28pm
Hi

What i see ..my noob opinion is that we have a stopping volume on 1h chart and that i might buy from 159.600..lets say half of the last (s.v. bar )

My SL is going to be 159.350

Or i might buy it from 159.900 if it already conitnue north and i miss that 159.600 entry

One more thing is that we have some Raza,s explenation of the situation too..wich might take this north as well

Tomorrow is news day and it is already very known that before evry news from States we are going up...it might be not valid this time ..but ok..one more fact


Just my 2 cents

Happy pipinn a tuti!!

Maybe even that is not an stopping volume
Work smart not hard
  • #187,848
  • Aug 6, 2009 8:28pm Aug 6, 2009 8:28pm
Quoting england33
ok what ever i guess your one that would say that futures are tanking even though at the moment they are barely down....
I always make jokes. And if you check the beginning of this thread, you can see when I started participating (the first day).

The global economy is a giant debt-based ponzi scheme. As with all ponzi schemes, it must collapse when it stops exponentially growing. We reached that point a while back, and now we are going through the various stages of collapse. All the efforts to prop up the status quo have been worse than useless, they have actually guaranteed a bigger collapse.

I was saying 2 years ago on this thread that we were witnessing perhaps the most significant point in human history. I am still saying so. Now I am just watching and waiting to see what happens.
  • #187,849
  • Aug 6, 2009 8:29pm Aug 6, 2009 8:29pm
Quoting Raza
RIGHT ANGLED ASCENDING BROADENING FORMATION.

Valid if 159.28 does not get taken out!!.. Valid until 158.50

I could not copy paste the info from the source.. so spent an Hour to make it. Hope I am not Wrong!!!
Bro, I don't see classic or hidden bullish div on the chart. The indi's show trending downward as well as the price chart. Both are in sync. Please show me if I miss anything here.
  • #187,850
  • Aug 6, 2009 8:31pm Aug 6, 2009 8:31pm
  •  penang
  • | Joined Aug 2009 | Status: Read my lips...Money Management | 15 Posts
Quoting england33
actually us futures aren't that negative atm
bloomberg
Agreed..just looking at the big picture ...stock markets/oil prices have been on a tear for the past few weeks based on low economic targets being met by various countries with little retracement..we now have QE from the BOE and the biggest potential economic data in 9 hours...it would only take a very bad NFP data to see a 300 downside pip movement...ADP data two days ago was weak...I am skeptical and would not take a large long position until next week after the dust has settled, especially when many traders are on vacations in these dog days of Summer...http://l.yimg.com/us.yimg.com/i/mesg/emoticons7/45.gif
  • #187,851
  • Aug 6, 2009 8:33pm Aug 6, 2009 8:33pm
Quoting markam
we were witnessing perhaps the most significant point in human history.
i'm with you.
  • #187,852
  • Aug 6, 2009 8:38pm Aug 6, 2009 8:38pm
Quoting penang
Agreed..just looking at the big picture ...stock markets/oil prices have been on a tear for the past few weeks based on low economic targets being met by various countries with little retracement..we now have QE from the BOE and the biggest potential economic data in 9 hours...it would only take a very bad NFP data to see a 300 downside pip movement...ADP data two days ago was weak...I am skeptical and would not take a large long position until next week after the dust has settled, especially when many traders are on vacations in these dog days...
were on the same page there. I may have closed my last trade earlier. the big investors are dieing to hear good data to keep bull run going and if they don't get it of course it will retrace but it's wiser to stay out of it until all the dust settles as you stated.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #187,853
  • Aug 6, 2009 8:39pm Aug 6, 2009 8:39pm
Quoting penang
Agreed..just looking at the big picture ...stock markets/oil prices have been on a tear for the past few weeks based on low economic targets being met by various countries with little retracement..we now have QE from the BOE and the biggest potential economic data in 9 hours...it would only take a very bad NFP data to see a 300 downside pip movement...ADP data two days ago was weak...I am skeptical and would not take a large long position until next week after the dust has settled, especially [b]when many traders are on vacations in these dog days...
Don't forget that gj went down 2000 pips in late summer 2007 and 3000 pips in late summer 2008. 4000 pips for this year would put us right back at the low from the beginning of the year
  • #187,854
  • Aug 6, 2009 8:39pm Aug 6, 2009 8:39pm
Quoting markam
I always make jokes....
OH MY. . .

Markam back. . . Time to sell the wife and kids!



Zup bro gd to see seasoned traders pop in every now and then. . . miss yr post ar'd here!
  • #187,855
  • Aug 6, 2009 8:40pm Aug 6, 2009 8:40pm
Quoting sony
Hi

What i see ..my noob opinion is that we have a stopping volume on 1h chart and that i might buy from 159.600..lets say half of the last (s.v. bar )

My SL is going to be 159.350

Or i might buy it from 159.900 if it already conitnue north and i miss that 159.600 entry

One more thing is that we have some Raza,s explenation of the situation too..wich might take this north as well

Tomorrow is news day and it is already very known that before evry news from States we are going up...it might be not valid this time ..but ok..one more fact...
no do NOT buy.... gu has to complete it journey to 1.6600 test , London will do that
Blogging daily now at www.volume.zone
  • #187,856
  • Aug 6, 2009 8:41pm Aug 6, 2009 8:41pm
Quoting quecee5


OH MY. . .

Markam back. . . Time to sell the wife and kids!



Zup bro gd to see seasoned traders pop in every now and then. . . miss yr post ar'd here!
Don't sell them. You will need them to tend your post-collapse garden.
  • #187,857
  • Aug 6, 2009 8:43pm Aug 6, 2009 8:43pm
Quoting markam
Don't forget that gj went down 2000 pips in late summer 2007 and 3000 pips in late summer 2008. 4000 pips for this year would put us right back at the low from the beginning of the year
no Markam ... come on all banks are making money .... did you not know ?

Goldman sachs can just tell the US Government to give everyone more bail out money . They will print money till the cows come home as deflationary period for 5 years.

and oh do not foegt dj is going to 20,000 ... dunkin donuts reports next week if they beat eps by 1 cent dj will move up 400 points in a day !!!

good to see you !!!!
Blogging daily now at www.volume.zone
  • #187,858
  • Aug 6, 2009 8:44pm Aug 6, 2009 8:44pm
Quoting markam
Don't sell them. You will need them to tend your post-collapse garden.

that is if the police let you have a garden .....in US you need permission now
Blogging daily now at www.volume.zone
  • #187,859
  • Aug 6, 2009 8:44pm Aug 6, 2009 8:44pm
Quoting malcolmb14
no do NOT buy.... gu has to complete it journey to 1.6600 test , London will do that

Ok.. thanks...London might make some longs?

No London will make that test..you mean..that is clear
Work smart not hard
  • #187,860
  • Aug 6, 2009 8:45pm Aug 6, 2009 8:45pm
Quoting malcolmb14
no Markam ... come on all banks are making money .... did you not know ?

Goldman sachs can just tell the US Government to give everyone more bail out money . They will print money till the cows come home as deflationary period for 5 years.

and oh do not foegt dj is going to 20,000 ... dunkin donuts reports next week if they beat eps by 1 cent dj will move up 400 points in a day !!!

good to see you !!!!
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