loool,
another proof, NEVER believe in statistics..
but trade your charts...
nice NY session.. indeed...
Trade what you see, not what you think.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #209,202
- Nov 30, 2009 10:07am Nov 30, 2009 10:07am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Yes finally the moment we all been waiting for KABOOM!!
Look at my weekly GJ chart 135-136 TP
Zero lag crossed down...Bearish..
Trade your charts
Look at my weekly GJ chart 135-136 TP
Zero lag crossed down...Bearish..
Trade your charts
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- #209,203
- Nov 30, 2009 10:11am Nov 30, 2009 10:11am
- Joined Sep 2006 | Status: Collector | 9,833 Posts
- #209,204
- Nov 30, 2009 10:19am Nov 30, 2009 10:19am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Daily GJ perspective
Today last day of the month..
TP maybe in the 135-136 zone
I can't look at this PA..
Today last day of the month..
TP maybe in the 135-136 zone
I can't look at this PA..
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- #209,205
- Nov 30, 2009 10:22am Nov 30, 2009 10:22am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
Nihil Sine Deo.
- #209,206
- Nov 30, 2009 10:24am Nov 30, 2009 10:24am
- | Joined Oct 2008 | Status: Trader | 1,666 Posts
hmmmmm im stuck between a wok and a hard place. looks bearish, looks more down to come. but id rather not short it here when its just done a 200 pip down move 
- #209,211
- Nov 30, 2009 10:53am Nov 30, 2009 10:53am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
It is your risk..
I have trades since 152,151,150,148,etc..
Dunno, I am only showing my long term charts..
Bearish is all I see on my higher TF's
Good Luck
I have trades since 152,151,150,148,etc..
Dunno, I am only showing my long term charts..
Bearish is all I see on my higher TF's
Good Luck
do you think we will touch again 139 and more down ? rgitt5 we enter short now ?
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- #209,212
- Nov 30, 2009 10:55am Nov 30, 2009 10:55am
- Joined Aug 2009 | Status: Technical fundamentalist | 2,202 Posts
Author of: For Pip's Sake! (Available at Amazon... :-) )
- #209,213
- Nov 30, 2009 10:56am Nov 30, 2009 10:56am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
the trend remains bearish for now, however, it might not continue downwards until a previous resistance is tested.
i will not discuss higher tf, they are very obvious. instead, i am showing two charts with daily and weekly supports and resistance.
if we look at where last week's most intense activity was (see h4 chart, weekly tick profile), we see that it happened at 141.62 (but that's an area, not a precise value); we also see that price went up over the weekend (
not a very nice gesture from big dogs isn't it) and it looks like 141.62 turned into support for now. the question is, are we still in this support area?
well, let's go to the 30min and look at the daily tick profiles. we see that friday's pvp was at 140.97, and that today's pvp was at 142.62; price is in bearish teritory, however the answer to my question is not really clear until we break either way: 140.97 should be the gate to 135, while 142.62 should mean a test to 146/148.
i will not discuss higher tf, they are very obvious. instead, i am showing two charts with daily and weekly supports and resistance.
if we look at where last week's most intense activity was (see h4 chart, weekly tick profile), we see that it happened at 141.62 (but that's an area, not a precise value); we also see that price went up over the weekend (
not a very nice gesture from big dogs isn't it) and it looks like 141.62 turned into support for now. the question is, are we still in this support area? well, let's go to the 30min and look at the daily tick profiles. we see that friday's pvp was at 140.97, and that today's pvp was at 142.62; price is in bearish teritory, however the answer to my question is not really clear until we break either way: 140.97 should be the gate to 135, while 142.62 should mean a test to 146/148.
Nihil Sine Deo.
- #209,214
- Nov 30, 2009 11:02am Nov 30, 2009 11:02am
- Joined Dec 2008 | Status: Trader | 2,753 Posts
Sorry for posting this here, but as it's been a pretty slow session....
As I understand it, Dubai last week secured $5B of loans from Abu Dhabi. Now why the heck didn't they just raise an additional $5B and make the loan payment?
It's not as if on the bigger picture the UAE can't afford it, so why let their credit worthiness go to crap if they didn't have to?
I know, it's all conspiracy theory.....
As I understand it, Dubai last week secured $5B of loans from Abu Dhabi. Now why the heck didn't they just raise an additional $5B and make the loan payment?
It's not as if on the bigger picture the UAE can't afford it, so why let their credit worthiness go to crap if they didn't have to?
I know, it's all conspiracy theory.....
- #209,217
- Nov 30, 2009 11:29am Nov 30, 2009 11:29am
- Joined Aug 2009 | Status: Technical fundamentalist | 2,202 Posts
Author of: For Pip's Sake! (Available at Amazon... :-) )
- #209,219
- Nov 30, 2009 2:07pm Nov 30, 2009 2:07pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Commentary:
A US investment house has put out a note cautioning on the risk of a UK debt crisis in 2010...The warning is getting some play in the Telegraph newspaper, so this may be a GBP-negative driver into tomorrow.
Kaboom tonite or London time
A US investment house has put out a note cautioning on the risk of a UK debt crisis in 2010...The warning is getting some play in the Telegraph newspaper, so this may be a GBP-negative driver into tomorrow.
Kaboom tonite or London time
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- #209,220
- Nov 30, 2009 2:08pm Nov 30, 2009 2:08pm
- | Joined Oct 2008 | Status: Trader | 1,666 Posts
Commentary:
A US investment house has put out a note cautioning on the risk of a UK debt crisis in 2010...The warning is getting some play in the Telegraph newspaper, so this may be a GBP-negative driver into tomorrow.
Kaboom tonite or London time
stocks are down uk and us today, maybe asia follows and we see 139 again before london open?