Auslanco - GBP/JPY and GBP/USD (newstrade)
- #193,162
- Sep 1, 2009 6:26am Sep 1, 2009 6:26am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
She need to stay above 6230 for any bullish bias. I think if we not see it today she move down hard.
Yea dailies suggest she about to dump her bucket
"Millionaires don't use astrology, billionaires do"
- #193,163
- Sep 1, 2009 6:33am Sep 1, 2009 6:33am
- | Joined Oct 2008 | Status: Trader | 1,666 Posts
a few questions for malcolm and anyone else that knows (facts only please not guesses/assumptions), slightly off topic but it does have relevance regarding the markup seen yesterday.
where exactly does the price of these pairs get set? is there one central computer somewhere that all brokers are linked to which provides the prices? all brokers have more or less the same prices within a few pips, this surely isnt possible unless the price is centrally located somewhere for all brokers?
Assuming the price is set centrally somewhere, how is a price change created? if its all done centrally, this would mean all forex transations have to go to the same central place in order to process any price changes that the transactions create. And how is a price change then calculated, does it require a certain amount of money to switch between 2 currencies to move it by a pip?
And those questions should answer.... is it even possible for markup to happen in forex? assuming the brokers cant just up the price themselves without actually BUYING the currency, they would surely have to all go and buy a lot of the currency in order to mark it up?
I am just trying to understand exactly how the price is set and changed and therefore also how markups work, in forex at least if it doesnt apply to everything. because thinking about it, i cant seem to get my head around how it can work. If i know the mechanics behind these things then I have an increased edge and knowledge
where exactly does the price of these pairs get set? is there one central computer somewhere that all brokers are linked to which provides the prices? all brokers have more or less the same prices within a few pips, this surely isnt possible unless the price is centrally located somewhere for all brokers?
Assuming the price is set centrally somewhere, how is a price change created? if its all done centrally, this would mean all forex transations have to go to the same central place in order to process any price changes that the transactions create. And how is a price change then calculated, does it require a certain amount of money to switch between 2 currencies to move it by a pip?
And those questions should answer.... is it even possible for markup to happen in forex? assuming the brokers cant just up the price themselves without actually BUYING the currency, they would surely have to all go and buy a lot of the currency in order to mark it up?
I am just trying to understand exactly how the price is set and changed and therefore also how markups work, in forex at least if it doesnt apply to everything. because thinking about it, i cant seem to get my head around how it can work. If i know the mechanics behind these things then I have an increased edge and knowledge
- #193,164
- Sep 1, 2009 6:42am Sep 1, 2009 6:42am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #193,165
- Sep 1, 2009 6:49am Sep 1, 2009 6:49am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
for gu breaking mode.....am riding...gy seems good to sell atm?....attach same chart like last 2 week....good luck
- #193,166
- Sep 1, 2009 7:05am Sep 1, 2009 7:05am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
h1/h4/d1/weekly/monthly......below gann......n only need h1 cross below qqe 50 line?.....
Mine H1 QQE already cross line 50, 3 minutes ago. H4 pointing down
- #193,167
- Sep 1, 2009 7:10am Sep 1, 2009 7:10am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
Mine H1 QQE already cross line 50, 3 minutes ago. H4 pointing down
- #193,168
- Sep 1, 2009 7:22am Sep 1, 2009 7:22am
- Joined Dec 2008 | Status: Trader | 2,753 Posts
Weekly QQE looks ready to cross. 
Unless we hear some fantastic news, things could get ugly for Sterling. A rapid drop through 150 to 143 is very possible.
I would not be long Sterling right now.
Unless we hear some fantastic news, things could get ugly for Sterling. A rapid drop through 150 to 143 is very possible.
I would not be long Sterling right now.
- #193,169
- Sep 1, 2009 7:26am Sep 1, 2009 7:26am
- Joined Aug 2008 | Status: Trader | 3,976 Posts
come on! I just need 150.65 for my TP.. LoL! 
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
- #193,170
- Sep 1, 2009 7:36am Sep 1, 2009 7:36am
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
Weekly QQE looks ready to cross.
Unless we hear some fantastic news, things could get ugly for Sterling. A rapid drop through 150 to 143 is very possible.
I would not be long Sterling right now.
- #193,171
- Sep 1, 2009 7:43am Sep 1, 2009 7:43am
- Joined Dec 2008 | Status: Trader | 2,753 Posts
Where's Karmo when you need him most. I need his QQE + Gann crossover expertise.
- #193,172
- Sep 1, 2009 7:43am Sep 1, 2009 7:43am
- | Joined Oct 2008 | Status: Trader | 1,666 Posts
someone open a few big shorts to help push this thing below 151 pls 
- #193,173
- Sep 1, 2009 7:45am Sep 1, 2009 7:45am
- Joined Apr 2009 | Status: RETIRED | 1,947 Posts
someone open a few big shorts to help push this thing below 151 pls
- #193,174
- Sep 1, 2009 7:47am Sep 1, 2009 7:47am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #193,176
- Sep 1, 2009 7:58am Sep 1, 2009 7:58am
- | Joined Oct 2008 | Status: Trader | 1,666 Posts
151 broken. now if only GU can break 1.6180 then we might see a break of 150?
if it breaks 150 this may end up my best trade ever
if it breaks 150 this may end up my best trade ever
- #193,177
- Sep 1, 2009 7:59am Sep 1, 2009 7:59am
- Joined Apr 2009 | Status: RETIRED | 1,947 Posts
151 broken. now if only GU can break 1.6180 then we might see a break of 150?
if it breaks 150 this may end up my best trade ever
- #193,178
- Sep 1, 2009 8:01am Sep 1, 2009 8:01am
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
come on! I just need 150.65 for my TP.. LoL!
- #193,180
- Sep 1, 2009 8:02am Sep 1, 2009 8:02am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
welcome back..i knew u got scared of the bull...dont worry correction was made now back to volume...cheers
had a sell limit at 152.50 ... nice when i woke up this morning.
Bull ?? lol .... more like manipulators
Blogging daily now at www.volume.zone