like you statement bro
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #198,441
- Sep 17, 2009 5:58am Sep 17, 2009 5:58am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
- #198,442
- Sep 17, 2009 6:00am Sep 17, 2009 6:00am
- | Commercial User | Joined Mar 2009 | 2,480 Posts
Breaking news!
.
.
.
.
.
.
.
Direct-Trade Daily News Press Release:
The UK has been saved. The economy is growing at its fastest pace in years, Unemployment is at all time lows and Gordon Brown did not sell all of our Gold when price was at $350 oz.
Mortgage approvals are at an all time high and house prices have now increased year on year by 10%.
There will be no cut in public spending, in fact spending will increase another 9.4% this year.
More and more overseas business's have relocated to London to take advantage of our newly lowered corporate tax rates, in fact the government has wavied all corporate tax for new businesss for the first 12 months of operation.
Our economy is a shining example to the developed world, in fact we have just been informed our AAA rating is to be guaranteed for the next 5 years and not downgraded as previously forecast.
The Pound will therefore rise to £1=$2.50 within the next 6 months as more and more wealth funds invest in our stocks and currency.
In fact, our economy is in such great shape, only yesterday Gordon Brown refused to allow Switerland to move into Canary Wharf as this has already been taken by Suadi Arabia, Dubai and Oman.
Our bankers have done a marvelous job and will be awarded bonuses to match their contributions to society, each is to recieve in excess of £1 million presonally presented by Gordon Brown.
Due to the overwhelming evidence of the above seen on our streets ie Not a single vacant shop in any high street, the public spending like there is no tomorrow, the fact that even the pigeon shit is encrusted in gold and diamonds, I have had to make a decision.
My decision is this: Long Cable and take advantage of the imminent strong pound and our leading world economy.
.
.
.
.
.
.
.
Direct-Trade Daily News Press Release:
The UK has been saved. The economy is growing at its fastest pace in years, Unemployment is at all time lows and Gordon Brown did not sell all of our Gold when price was at $350 oz.
Mortgage approvals are at an all time high and house prices have now increased year on year by 10%.
There will be no cut in public spending, in fact spending will increase another 9.4% this year.
More and more overseas business's have relocated to London to take advantage of our newly lowered corporate tax rates, in fact the government has wavied all corporate tax for new businesss for the first 12 months of operation.
Our economy is a shining example to the developed world, in fact we have just been informed our AAA rating is to be guaranteed for the next 5 years and not downgraded as previously forecast.
The Pound will therefore rise to £1=$2.50 within the next 6 months as more and more wealth funds invest in our stocks and currency.
In fact, our economy is in such great shape, only yesterday Gordon Brown refused to allow Switerland to move into Canary Wharf as this has already been taken by Suadi Arabia, Dubai and Oman.
Our bankers have done a marvelous job and will be awarded bonuses to match their contributions to society, each is to recieve in excess of £1 million presonally presented by Gordon Brown.
Due to the overwhelming evidence of the above seen on our streets ie Not a single vacant shop in any high street, the public spending like there is no tomorrow, the fact that even the pigeon shit is encrusted in gold and diamonds, I have had to make a decision.
My decision is this: Long Cable and take advantage of the imminent strong pound and our leading world economy.
- #198,443
- Sep 17, 2009 6:00am Sep 17, 2009 6:00am
- Joined Dec 2008 | Status: Trader | 2,753 Posts
actualy yuo know.. I've been reading some statistic, where the ppl with Higher IQ are having more problems to sustain as a good traders.. (probably they are always looking for some more options and trade setups, so the decision making is a tough proccess..
From the other hand, one with an average IQ is more successfull, as they can Focus and concentrate on PA.. easier..
Bottom line.. ONE with the BEST DISCIPLINE .... WINS.. ALWAYS..
- #198,444
- Sep 17, 2009 6:01am Sep 17, 2009 6:01am
- | Commercial User | Joined Mar 2009 | 2,480 Posts
Breaking news!....
- #198,446
- Sep 17, 2009 6:02am Sep 17, 2009 6:02am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
Yep, I've also read a study which stated that people with a slightly lower self esteem make better traders. The thinking was that people who had a high self esteem had trouble believing/accepting when they were wrong. I assume they would just need to learn to hedge.
"I hate when Im RIght, and taken the opposite trade so Im wrong now" ????
- #198,447
- Sep 17, 2009 6:06am Sep 17, 2009 6:06am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
You mean breakdown news...
Breaking news!
.
.
.
.
.
.
.
Direct-Trade Daily News Press Release:
The UK has been saved. The economy is growing at its fastest pace in years, Unemployment is at all time lows and Gordon Brown did not sell all of our Gold when price was at $350 oz.
Mortgage approvals are at an all time high and house prices have now increased year on year by 10%.
There will be no cut in public spending, in fact spending will increase another 9.4% this year.
More and more overseas...
[
- #198,448
- Sep 17, 2009 6:10am Sep 17, 2009 6:10am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
"sound familiar to you 2 ????
I like your last statement...descipline ! Most trader lack this skill
- #198,449
- Sep 17, 2009 6:24am Sep 17, 2009 6:24am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Two playout can happen in this setup..
Weekly Trend is broken:
Most breakouts usually pullback to test the overall TL before a continuation in the bias direction..
If the 149.50 level holds, than the 155-156 area will be tested again at the overall trendline.
If the PA failed to come back into the overall TL than the fib levels will be tested one fib at a time..
Meaning down she goes KABOOM!!!!
IMHO
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #198,451
- Sep 17, 2009 6:31am Sep 17, 2009 6:31am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
opened shorts 150.85 got to trade my charts,if wrong just suffer
Price above 4h & 1h Gann, close above 50 Ema on 1h TF, besides bullish engulfing candle on 4h....
IMHO
Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #198,452
- Sep 17, 2009 6:35am Sep 17, 2009 6:35am
- Joined Dec 2008 | Status: Trader | 2,753 Posts
Mmm! If you follow Aus original system, is better to reconsider the shorts
Price above 4h & 1h Gann, close above 50 Ema on 1h TF, besides bullish engulfing candle on 4h....
IMHO
Jhon
- #198,453
- Sep 17, 2009 6:39am Sep 17, 2009 6:39am
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
dont be so excited
uj will test 9150-9180 previous strong support area
so gj is also limited to 151 or max 152
then we will see if VSA tells us the truth
malcolm could u post uj chart with volume ?
thanks
151 reached
so now wait for uj reaction
if mentionend resistence zone holds then support is fibs confluence zone of all waves is 88-8780
- #198,454
- Sep 17, 2009 6:43am Sep 17, 2009 6:43am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Are you long? Share your targets with us plz
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #198,455
- Sep 17, 2009 6:46am Sep 17, 2009 6:46am
- Joined Dec 2008 | Status: Trader | 2,753 Posts
Hi uk!
Are you long? Share your targets with us plz
No targets at all, I don't do targets, never see the point unless you're scalping for a set amount of pips. My exit will be when my long criteria is broken OR if I see a massive mark-up and want to take some money off the table.
Watching the 4hr 5sma for potential signs of reversal.
- #198,456
- Sep 17, 2009 6:51am Sep 17, 2009 6:51am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Yes, am long. Have 3 positions currently at 150.01, 150.35 and 150.45 and will add more if we stay above 4hr Gann.
No targets at all, I don't do targets, never see the point unless you're scalping for a set amount of pips. My exit will be when my long criteria is broken OR if I see a massive mark-up and want to take some money off the table.
Watching the 4hr 5sma for potential signs of reversal.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #198,457
- Sep 17, 2009 6:53am Sep 17, 2009 6:53am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
opened shorts 150.85 got to trade my charts,
- #198,459
- Sep 17, 2009 7:01am Sep 17, 2009 7:01am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
Best to short at 151.50
- #198,460
- Sep 17, 2009 7:04am Sep 17, 2009 7:04am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Patience dude... NY is not open..
Well bro, you said that a few hours ago, and look at the charts now
[