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

  • #198,641
  • Sep 17, 2009 6:16pm Sep 17, 2009 6:16pm
Quoting OrionsWay
There is 7 pigeons on a fence and u shoot 1 how many are left?
one if u are good shooter
  • #198,642
  • Sep 17, 2009 6:17pm Sep 17, 2009 6:17pm
Quoting OrionsWay
There is 7 pigeons on a fence and u shoot 1 how many are left?
none.. 1 is shot, the rest fly away.. haha
  • #198,643
  • Sep 17, 2009 6:17pm Sep 17, 2009 6:17pm
Quoting malcolmb14
lol i starting reading news ....s&p 110 p/e 9 higher now) 2001 only 45 p/e crash coming blah balh ... since then we have move up 80 points

news just givers you bias and effects the trading
Hey Malc - what do you think of gu in the upcoming asia session - do you think it could move up in the 65.30 area?

Thanks
  • #198,644
  • Sep 17, 2009 6:18pm Sep 17, 2009 6:18pm
Quoting 5ysfx
one if u are good shooter

close

answer 0 the rest flew away


There is 6 buckets of milk and one spills over how many buckets left?
"Millionaires don't use astrology, billionaires do"
  • #198,645
  • Sep 17, 2009 6:20pm Sep 17, 2009 6:20pm
although i agree that we haven't seen the end of the bearish "rally", i think that for the moment there will be at least a ranging period.

if you look at this chart, last h1 swing up from 148 area was longer than previous h1 swing down to 148... which makes me believe that we are in a retracement / consolidation on h4. and this means that we might have to wait a little bit more for the next dip.

my scenarios for the moment are: possibly a test of lower edge, 149.20 area; but more likely a test of upper edge and, who knows, maybe a break above today's high. MAYBE. this should be limited however by 151.50/152 area.

break of 148.71 will invalidate my consolidation scenario.
Attached Image (click to enlarge)
Click to Enlarge Name: g-j_h1.gif Size: 22 KB
Nihil Sine Deo.
  • #198,646
  • Sep 17, 2009 6:21pm Sep 17, 2009 6:21pm
Quoting OrionsWay
close

answer 0 the rest flew away


There is 6 buckets of milk and one spills over how many buckets left?
i was correct
one down or 0 alive

6
  • #198,647
  • Sep 17, 2009 6:22pm Sep 17, 2009 6:22pm
Quoting Cdawg
none.. 1 is shot, the rest fly away.. haha

hahaa u heard this little jonny joke b4 ?
"Millionaires don't use astrology, billionaires do"
  • #198,648
  • Sep 17, 2009 6:22pm Sep 17, 2009 6:22pm
Quoting 5ysfx
i was correct
one down or 0 alive

6

true in essense
"Millionaires don't use astrology, billionaires do"
  • #198,649
  • Sep 17, 2009 6:25pm Sep 17, 2009 6:25pm
There is 3 women sitting on a bench eating a icecream cone, 1 is licking it 1 is biting it and 1 is sucking it, which 1 is married?
"Millionaires don't use astrology, billionaires do"
  • #198,650
  • Sep 17, 2009 6:28pm Sep 17, 2009 6:28pm
and now here is the h4 chart. i wasn't expected such a fast retracement, but this is probably not the end of it.

i would like to see macd line above 0 on h4 before shorting again, and i would feel even more comfortable if i see 151.40 area (61.8 fibo). but that won't prevent me to open a new batch of shorts if i see a break of 148.70.

and that's it folks. trade safely!

p.s. looking at volumes on h4 chart, i think 149.55 is key for the next couple of hours; if it holds, we might see a test of 151.50 area again, if not then bear season is open again.
Attached Image (click to enlarge)
Click to Enlarge Name: g-j_h4.gif Size: 22 KB
Nihil Sine Deo.
  • #198,651
  • Sep 17, 2009 6:30pm Sep 17, 2009 6:30pm
the 4th one...
Quoting OrionsWay
There is 3 women sitting on a bench eating a icecream cone, 1 is licking it 1 is biting it and 1 is sucking it, which 1 is married?
Nihil Sine Deo.
  • #198,652
  • Sep 17, 2009 6:35pm Sep 17, 2009 6:35pm
Quoting OrionsWay
There is 3 women sitting on a bench eating a icecream cone, 1 is licking it 1 is biting it and 1 is sucking it, which 1 is married?
haha

none ?
  • #198,653
  • Sep 17, 2009 6:37pm Sep 17, 2009 6:37pm
well the joke goes

Little johnny is in class, and teacher asks him, there is 7 birds on a fence and u shoot 1 how many left johnny, johnny say 0 , the teacher says well i was really looking for u to say 5 but i like the way u think johnny,
again teach asks johnny there is 6 buckets of milk and 1 tips over how many buckets are left, johhny says 6 only 5 are filled still, teach is amazed and say i was lookin for u to say 5 johnny BUT i like the way u think,
Johnny says to her let me ask u a ?, there are 3 women on a bench eating icecream 1 licking 1 sucking and 1 b iting which of the 3 is married, the teach ponders a second and says the 1 sucking, Johnny say no the 1 with the wedding ring BUT I LIKE THE WAY U THINK TEACH
"Millionaires don't use astrology, billionaires do"
  • #198,654
  • Sep 17, 2009 6:44pm Sep 17, 2009 6:44pm
Quoting OrionsWay
close

answer 0 the rest flew away


There is 6 buckets of milk and one spills over how many buckets left?

Im tellin 'ya .. we are ALL BRAINIACS here.. [no messings this time]
  • #198,655
  • Sep 17, 2009 6:48pm Sep 17, 2009 6:48pm
Quoting Piters
Im tellin 'ya .. we are ALL BRAINIACS here.. [no messings this time]
indeed bro
no one can surprise us
  • #198,656
  • Sep 17, 2009 6:52pm Sep 17, 2009 6:52pm
i knew that, and still i laugh hard every time i hear it again .
must be from too much forex trading.

Quoting OrionsWay
well...
Nihil Sine Deo.
  • #198,657
  • Sep 17, 2009 6:53pm Sep 17, 2009 6:53pm
Quoting rgitt05
That explains why forex is getting boring..I better find something else to trade..I believe the world market is doing this on purpose hoping for a recovery or the whole market will collapse..Time is money..Let see how long this low VIX will last..


it went below 20 may 2008
  • #198,658
  • Sep 17, 2009 6:58pm Sep 17, 2009 6:58pm
Quoting Scrat
i knew that, and still i laugh hard every time i hear it again .
must be from too much forex trading.
brother in law told me last night while out for dinner just about fell off my chair laughing even the next table over little old lady bust a gut.
"Millionaires don't use astrology, billionaires do"
  • #198,659
  • Sep 17, 2009 7:02pm Sep 17, 2009 7:02pm
Quoting OrionsWay
There is 7 pigeons on a fence and u shoot 1 how many are left?
what if you have a silencer?

what if you shot the pigeon with a grenade launcher?

*grins*
  • #198,660
  • Sep 17, 2009 7:03pm Sep 17, 2009 7:03pm
Quoting Eulogy
what if you have a silencer?

what if you shot the pigeon with a grenade launcher?

*grins*

too many variables for elementary school lol
"Millionaires don't use astrology, billionaires do"
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