who needs a trend .. range is better .. buy ..sell ... buy sell .... lol
150 pips in a 50 pip range today since early morning here .. who needs a trend !!!
Attachment
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #208,521
- Nov 24, 2009 2:53pm Nov 24, 2009 2:53pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
- #208,522
- Nov 24, 2009 2:55pm Nov 24, 2009 2:55pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
who needs a trend .. range is better .. buy ..sell ... buy sell .... lol
150 pips in a 50 pip range today since early morning here .. who needs a trend !!!
Attachment
pips can be gained that way as well. . . the account doesn't know the difference when making a deposit. . .
- #208,523
- Nov 24, 2009 2:56pm Nov 24, 2009 2:56pm
- Joined Oct 2007 | Status: Trader | 5,510 Posts
At least 140 based on my daily, monthly charts.
600-700 pips for Thanksgiving week
- #208,524
- Nov 24, 2009 2:59pm Nov 24, 2009 2:59pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Commentary:
Something key from the FOMC minutes… "Participants noted that the recent fall in the foreign exchange value of the dollar had been orderly and appeared to reflect an unwinding of safe-haven demand in light of the recovery in financial market conditions this year." – This suggests less concern on the part of the Fed with regards to a US dollar decline. This throws some cold water on Bernanke’s recent defense of the buck. In other words, as long as the dollar decline is not sharp, do not expect any intervention on behalf of the greenback.
Sounds like this week is unwinding time for GJ. Low liquidity for the holidays.
Something key from the FOMC minutes… "Participants noted that the recent fall in the foreign exchange value of the dollar had been orderly and appeared to reflect an unwinding of safe-haven demand in light of the recovery in financial market conditions this year." – This suggests less concern on the part of the Fed with regards to a US dollar decline. This throws some cold water on Bernanke’s recent defense of the buck. In other words, as long as the dollar decline is not sharp, do not expect any intervention on behalf of the greenback.
Sounds like this week is unwinding time for GJ. Low liquidity for the holidays.
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- #208,525
- Nov 24, 2009 3:02pm Nov 24, 2009 3:02pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #208,526
- Nov 24, 2009 3:04pm Nov 24, 2009 3:04pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Join the Kaboom Gang!!
All aboard..
All aboard..
Here is the mini KABOOM Chart.
I will call myself a MINI physicif that happens. LOL.
http://www.forexfactory.com/showthre...34#post3251134
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- #208,527
- Edited 3:17pm Nov 24, 2009 3:06pm | Edited 3:17pm
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
Commentary:
Something key from the FOMC minutes… "Participants noted that the recent fall in the foreign exchange value of the dollar had been orderly and appeared to reflect an unwinding of safe-haven demand in light of the recovery in financial market conditions this year." – This suggests less concern on the part of the Fed with regards to a US dollar decline. This throws some cold water on Bernanke’s recent defense of the buck. In other words, as long as the dollar decline is not sharp, do not expect any intervention on behalf...
- #208,528
- Nov 24, 2009 3:18pm Nov 24, 2009 3:18pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Join the Kaboom Gang!!
All aboard..
... kABOOM MASTER.
Markets are not Random, they are designed!
- #208,531
- Nov 24, 2009 4:30pm Nov 24, 2009 4:30pm
- | Joined Nov 2008 | Status: I support the resistance | 1,033 Posts
- #208,532
- Nov 24, 2009 4:40pm Nov 24, 2009 4:40pm
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
- #208,534
- Nov 24, 2009 5:47pm Nov 24, 2009 5:47pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
MY OPINION NOT FINANCIAL ADVISE
- #208,535
- Nov 24, 2009 6:03pm Nov 24, 2009 6:03pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Target the fibs levels for the year..
Enjoy the pips!!
Enjoy the pips!!
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- #208,538
- Nov 24, 2009 6:23pm Nov 24, 2009 6:23pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
I posted this chart Nov. 1, 2009.
It is still on track to fall down to the 118 level again next year.
Blue zig zag line still pointing downward.
Complex Head and Shoulders is developing??
Refer to the " Technical analysis of the financial markets" By John J. Murphy
http://tinyurl.com/yb22j8p
If the 139.00 level breaks ( neckline) look out below..
Complex Head and Shoulder with:
Double heads with left and right shoulders according to the book.
Zig Zag line is still pointing down..If the 153.00 holds than this Complex pattern may play out...
http://www.forexfactory.com/showpost...stcount=206494
It is still on track to fall down to the 118 level again next year.
Blue zig zag line still pointing downward.
Complex Head and Shoulders is developing??
Refer to the " Technical analysis of the financial markets" By John J. Murphy
http://tinyurl.com/yb22j8p
If the 139.00 level breaks ( neckline) look out below..
Complex Head and Shoulder with:
Double heads with left and right shoulders according to the book.
Zig Zag line is still pointing down..If the 153.00 holds than this Complex pattern may play out...
http://www.forexfactory.com/showpost...stcount=206494
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- #208,539
- Nov 24, 2009 6:44pm Nov 24, 2009 6:44pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
UJ trending downward toward the 87 lows.
GJ will follow
GJ will follow
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- #208,540
- Nov 24, 2009 6:48pm Nov 24, 2009 6:48pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
1.67 resistance is holding..
Sooner than later GU will run out of hot air..
Kaboom!!!
Sooner than later GU will run out of hot air..
Kaboom!!!
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