{Promotion Removed}
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #208,302
- Nov 21, 2009 5:23am Nov 21, 2009 5:23am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
MY OPINION NOT FINANCIAL ADVISE
- #208,303
- Nov 21, 2009 8:55am Nov 21, 2009 8:55am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
I know many are tired of the Kaboom calls, but I have positions since 152.00, 151,00. Selling all rallies.
This will be my Thanksgiving holiday
Kaboom is still coming.
The market is still consolidating for the low liquidity during the holiday next week.
The 146.00 zone is the last support to break on the daily chart to hit the lower fib levels.
http://www.forexfactory.com/showpost...stcount=208247
This will be my Thanksgiving holiday
Kaboom is still coming.
The market is still consolidating for the low liquidity during the holiday next week.
The 146.00 zone is the last support to break on the daily chart to hit the lower fib levels.
http://www.forexfactory.com/showpost...stcount=208247
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- #208,304
- Nov 21, 2009 9:17am Nov 21, 2009 9:17am
- | Membership Revoked | Joined May 2008 | 3,395 Posts
The Market pays you to be disciplined
- #208,305
- Nov 21, 2009 9:40am Nov 21, 2009 9:40am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
yeah you called kaboom last time it was at 148 ...lol
something is going on ...dollar index highest volume ever then there was a rip up 9% yesterday that that the cme ' cancelled'
something is going on ...dollar index highest volume ever then there was a rip up 9% yesterday that that the cme ' cancelled'
I know many are tired of the Kaboom calls, but I have positions since 152.00, 151,00. Selling all rallies.
This will be my Thanksgiving holiday
Kaboom is still coming.
The market is still consolidating for the low liquidity during the holiday next week.
The 146.00 zone is the last support to break on the daily chart to hit the lower fib levels.
http://www.forexfactory.com/showpost...stcount=208247
Blogging daily now at www.volume.zone
- #208,306
- Nov 21, 2009 10:25am Nov 21, 2009 10:25am
- | Joined Oct 2008 | Status: Trader | 1,666 Posts
What if broker stop to support mt4? Who is going to programm all indicators for mt5? Someone says it is different programming language....
and rgitt calls kaboom whatever the price is at. probly called kaboom at 117 too
- #208,307
- Nov 21, 2009 5:32pm Nov 21, 2009 5:32pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Look at the slides
http://www.cnbc.com/id/33993791/
Most of this congress members own stocks in big major banks..
That explains the bank bailout.
Show me a poor congress member... I didn't know servicing the public can make you a millionaire.. I see where all the wasted money went now
http://www.cnbc.com/id/33993791/
Most of this congress members own stocks in big major banks..
That explains the bank bailout.
Show me a poor congress member... I didn't know servicing the public can make you a millionaire.. I see where all the wasted money went now
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- #208,308
- Nov 21, 2009 5:44pm Nov 21, 2009 5:44pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
1. United States
Gold Reserve Value: $298.36 billion
The United States Bullion Depository in Kentucky --- otherwise known as Fort Knox (left) --- is the most famous gold stockpile in the world. It holds the majority of the nation’s gold reserves, the remainder of which is held at the Philadelphia Mint, the Denver Mint, the West Point Bullion Depository and the San Francisco Assay Office. Altogether, the total gold reserves of the United States equal 8946.9 tons and are valued at approximately $298.36 billion.
Look at the slides
http://www.cnbc.com/id/33242464
Gold Reserve Value: $298.36 billion
The United States Bullion Depository in Kentucky --- otherwise known as Fort Knox (left) --- is the most famous gold stockpile in the world. It holds the majority of the nation’s gold reserves, the remainder of which is held at the Philadelphia Mint, the Denver Mint, the West Point Bullion Depository and the San Francisco Assay Office. Altogether, the total gold reserves of the United States equal 8946.9 tons and are valued at approximately $298.36 billion.
Look at the slides
http://www.cnbc.com/id/33242464
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- #208,309
- Edited 6:15pm Nov 21, 2009 5:52pm | Edited 6:15pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
I found this article about EW on GJ, and I am not a big fan of this technique..
Written by Jamie Saettele
Sticking with the ‘contraction in volatility’ theme, 10 day GBPJPY ATR is at its lowest since July 2008 (and prior to that July 2007). As mentioned before, both times marked periods of complacency and therefore tops in price. Market dynamics are different now as the ‘carry trade’ is not nearly as popular as it was in 2007 and 2008. Still, the Yen is a low yielding funding currency and a turn towards fear would likely facilitate an unwinding of short Yen positions (just not to the degree as in years past). Structurally, a wave iv top may be in place at 163.10. A pop above 153.30 could complete a 3 wave correction from 139.71. That would present a short setup – be on the lookout.
If charts can speak, than all I can say is KABOOM if I am reading this right. The last two monthly candles top at 153.00 zone. It's over for carry trades unless 153.00 is taken out.
Mark this post..
Based on my monthly chart, the last two monthly candle top at 153 in place and GJ is heading down if 146 level breaks 146.
Down, down we go
Written by Jamie Saettele
Sticking with the ‘contraction in volatility’ theme, 10 day GBPJPY ATR is at its lowest since July 2008 (and prior to that July 2007). As mentioned before, both times marked periods of complacency and therefore tops in price. Market dynamics are different now as the ‘carry trade’ is not nearly as popular as it was in 2007 and 2008. Still, the Yen is a low yielding funding currency and a turn towards fear would likely facilitate an unwinding of short Yen positions (just not to the degree as in years past). Structurally, a wave iv top may be in place at 163.10. A pop above 153.30 could complete a 3 wave correction from 139.71. That would present a short setup – be on the lookout.
If charts can speak, than all I can say is KABOOM if I am reading this right. The last two monthly candles top at 153.00 zone. It's over for carry trades unless 153.00 is taken out.
Mark this post..
Based on my monthly chart, the last two monthly candle top at 153 in place and GJ is heading down if 146 level breaks 146.
Down, down we go
[
- #208,310
- Nov 21, 2009 6:20pm Nov 21, 2009 6:20pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #208,311
- Nov 21, 2009 6:22pm Nov 21, 2009 6:22pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
My daily chart is showing a crossing on the zero lag stocs( Bearish)
Maybe a PB but the PA is heading down ..
It is not what you think, it what's on the chart.
Maybe a PB but the PA is heading down ..
It is not what you think, it what's on the chart.
[
- #208,312
- Nov 21, 2009 6:30pm Nov 21, 2009 6:30pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
My daily chart is showing a crossing on the zero lag stocs( Bearish)
Maybe a PB but the PA is heading down ..
It is not what you think, it what's on the chart.
q3and 4 in 2010 and thru 2011 are going to be carnage once more
Blogging daily now at www.volume.zone
- #208,313
- Nov 21, 2009 6:40pm Nov 21, 2009 6:40pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
140 zone maybe a short term stop since it at the overall TL
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- #208,314
- Nov 21, 2009 6:53pm Nov 21, 2009 6:53pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Weekly chart still looks bearish after twice rejecting to break the 50ema.
Overall trend is bearish..
Overall trend is bearish..
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- #208,315
- Edited 8:26pm Nov 21, 2009 7:00pm | Edited 8:26pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Since the government restricted the leverage to 50:1 and 100:1, I think you are right it will take time to reach the 100 level. VIX been low this year compared to the last two years for GJ
Time will tell.
Time will tell.
gj will test 100 ... just a matter of when ... could wagffle around up here for some time
q3and 4 in 2010 and thru 2011 are going to be carnage once more
[
- #208,316
- Nov 22, 2009 12:10am Nov 22, 2009 12:10am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
140 zone maybe a short term stop since it at the overall TL
Lets see what happens by the end of the month.
http://www.forexfactory.com/showthre...27#post3227027
Markets are not Random, they are designed!
Weekly chart still looks bearish after twice rejecting to break the 50ema.
Overall trend is bearish..
the bear correction should hold for few days only this week if that assumption is correct
- #208,318
- Nov 22, 2009 2:16am Nov 22, 2009 2:16am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
hello my name is chonchy and I am an old follower of this tread, a long time ago, and I'm inviting you to the grand reopening of the pivot and trends tread, we will have free drinks and music, if you show up on sunday at opening with your companiom or spause, free prices, maybe you can win a pip or two, or maybe you can learn a lesson or two, no experience trader please, unless they are coming to have fun
The Chonchy
- #208,319
- Nov 22, 2009 2:34am Nov 22, 2009 2:34am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
hello my name is chonchy and I am an old follower of this tread, a long time ago, and I'm inviting you to the grand reopening of the pivot and trends tread, we will have free drinks and music, if you show up on sunday at opening with your companiom or spause, free prices, maybe you can win a pip or two, or maybe you can learn a lesson or two, no experience trader please, unless they are coming to have fun
you are drunk/.....lol....enjoy ur party with bikini girls...
MY OPINION NOT FINANCIAL ADVISE
- #208,320
- Nov 22, 2009 2:34am Nov 22, 2009 2:34am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
i am with you on this one 
I know many are tired of the Kaboom calls, but I have positions since 152.00, 151,00. Selling all rallies.
This will be my Thanksgiving holiday
Kaboom is still coming.
The market is still consolidating for the low liquidity during the holiday next week.
The 146.00 zone is the last support to break on the daily chart to hit the lower fib levels.
http://www.forexfactory.com/showpost...stcount=208247
Nihil Sine Deo.