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

1930 was damn similar so what do u think ?
how far we can get ?

Here are the chart and levels to trade this week in GBP/USD, just follow the blue lines for buying and selling areas (all are fibonacci levels)
In the opening - wait till we are at 1,6560 and sell, starting the levels from here.

I found this article and charts helpful where GJ may head in the next few weeks.

Trade your charts.

thanks. good to know.
but did you think that someone (you-know-who-, one of them) might be behind it and doing whatever it needs to be done (unofficially, of course) to start the flame...
i only have one question (that's not actually for me, i have my opinion already, but it might help other people): for an average person, is it possible to verify this information in an official way? like, call FDIC or other institution or whatever...

p.s. i just opened the link... and i saw that chris martenson is the author... oh crap. i'll be at the bank first thing tomorrow morning.

Happy Ramdan to all Muslims

Always Peace

thank u warta verey much
happy ramadan to u too

It should be interesting to see how it all plays out. For sure. Good discussion.

Has anyone else in come across this`yet:

``A number of US-based finance blogs are abuzz with rumours about the Bank of Montreal.

Dan Amoss is the Managing Editor of Strategic Investment, a highly respected US newsletter. According to Amoss – who is famous for calling the crash of Lehman Bros, Bear Sterns and other giants before they failed – a major bank is lying about its ability to pay shareholder dividends, has been gaming its books, and is about to crash.``

If this is the case, I should be thinking moving out my acct overseas now

I didn't know this.

does anyone have any happy news???

all this gloom and doom talk is pissing me off.

grrrr I'm going to take a thousand pips out of their hides this week for messing things up so completely!

i think get out !!
US gonna be a ...

But my acct is not six digits yet ..

England just won the Ashes.......(If you're from the UK)...That could boost the GBP.....for a few minutes....

do watch u like i 170 is the max before ,max plunge,
its just the beast

Cocaine traces on 90pc of US dollars

From correspondents in Washington DC
Agence France-Presse
August 18, 2009 08:22am

US paper currency is roughed up and often soiled in circulation, but a study has found that some 90 per cent of greenbacks contain traces of cocaine, giving new meaning to the term "dirty money."
That is a nearly 20 per cent jump over a similar study conducted two years earlier where 67 per cent of dollar bills were shown to contain cocaine traces, according to researchers who presented the study at the annual National Meeting of the American Chemical Society.
The startling discovery points to the continuing widespread use of cocaine in the US, one of the world's biggest consumers of the drug.
The capital Washington topped US cities, with 95 per cent of banknotes analysed from there found to contain minute amounts of cocaine.
Money is known to get contaminated with cocaine when drug dealers make a transaction or when users snort the drug using a rolled bill.
But the study said the large-scale contamination takes place when the notes are whisked into currency-counting machines.
Evidence of the drug were more common in large cities like Baltimore, Boston and Detroit, while the cleanest bills were collected from Salt Lake City, Utah, the country's Mormon hub.







"To my surprise, we're finding more and more cocaine in banknotes,"said lead researcher Yuegang Zuo of the University of Massachusetts in Dartmouth.
He suggested the rise may be due to the economic downturn, "with stressed people turning to cocaine."
The US topped cocaine levels found in bank notes collected from over 30 major cities in five countries that also included Canada, Brazil, China and Japan.
The scientists, who used a modified form of a lab instrument called a gas chromatograph-mass spectrometer for their measurements, said they found "alarming'' levels of cocaine in many areas.
Second in line was the US northern neighbour Canada, where 85 per cent of 27 banknotes studied showed drug traces, ranging from 2.4 micrograms to over 2,530 micrograms - the largest amount found but still less than a ten-thousandth of an ounce - of cocaine per note.
Brazil came in third at 80 per cent, while China and Japan had the lowest levels, at 20 per cent and 12 per cent contamination respectively.
Amounts found in the 234 US banknotes analysed ranged from .006 micrograms - thousands of times smaller than a single grain of sand - to over 1240 micrograms of cocaine, or the equivalent of about 50 grains of sand, per dollar bill.
Mr Zuo downplayed any health or legal concerns linked to the apparently poor job drug dealers are doing at laundering their money.
"For the most part, you can't get high by sniffing a regular banknote, unless it was used directly in drug uptake or during a drug exchange," Zuo said.
"It also won't affect your health and is unlikely interfere with blood and urine tests used for drug detection."
The study, Mr Zuo said, could help increase public awareness of cocaine use and help curb its abuse by assisting law enforcement agencies and forensic specialists to identify how the drug is used in a given community.
Cocaine is one of the most commonly used drugs in the world. In the US, some six million people consume cocaine on a regular basis each year, for a whopping total of 259 to 447 tonnes worth 35 to $US70 billion ($84.41 billion).

alright, back to g-j. i am not saying anything new, just confirming what other senior members already said.

this is an h1 chart with updated market profile. price managed to break above pob (point of balance, or pvp - peak volume price) - blue line - which means that we are in the bullish side. for now.
i also left horizontal lines for important support/resistance areas.

also, as rgitt pointed, the trend line for the last dip (163.01 - 153.xx) has been broken - and i think this is a valid breakout, considering what i just said above regarding pvp. as long as price stays above 155 area (IMO, it may go as low as 154.75/15 for a test!!!) i have a bullish bias.

as for what's gonna happen in the long run: big boys will push this higher and especially FASTER, because they are running out of time. they can't hide the bad news any longer (see what malc just said on previous page) so their only choice now is trying to fish as may suckers as they can with this last rally before they step back and leave everybody holding the bag. so... ride it while you can, but be very careful. the worst is yet to come, and it is not very far from now.

[quote=warta;2982391]Cocaine traces on 90pc of US dollars

Always wondered why nose tingled when scratched after counting my cash!!

[quote=sblank;2982410]

I heard that loud and clear.

Could be the buzz from the cash but this is what I'm think-n

[quote=sblank;2982410] join as a cashier in a bank for legal access