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

  • #210,241
  • Dec 13, 2009 10:28pm Dec 13, 2009 10:28pm
UK PRESS: The Conservatives have opened up a polling lead of 17 points
bringing an abrupt end to recent Labour hopes that the next election
could result in a hung parliament the Independent reported at the
weekend. David Cameron`s party is up two points on last month on 41 per
cent while Labour has slipped one point to 24 per cent. The Liberal
Democrats are up four points on 21.
  • #210,242
  • Dec 13, 2009 10:28pm Dec 13, 2009 10:28pm
lol nice

Quoting mktjong
Whipsaw bandits coming to town .. LOL
  • #210,243
  • Dec 13, 2009 10:31pm Dec 13, 2009 10:31pm
CITI also announced they are reaching an accord with the gov, to pay back 20 billion. Also it bounced off a TL.
  • #210,244
  • Dec 13, 2009 10:32pm Dec 13, 2009 10:32pm
Quoting Eulogy
can someone say B-O-J in-ter-ven-tion
  • #210,245
  • Dec 13, 2009 10:32pm Dec 13, 2009 10:32pm
Govt of abu dhabi has agreed to fund $10 bln to the dubai financial support fund for dubai world -


Quoting janela
some resolution to dubai crisis
[
  • #210,246
  • Dec 13, 2009 10:34pm Dec 13, 2009 10:34pm
This is absolutely insane .. looks more like an intervention to me
  • #210,247
  • Dec 13, 2009 10:45pm Dec 13, 2009 10:45pm
Quoting mktjong
This is absolutely insane .. looks more like an intervention to me
Finally, a more reliable news .. me think.

13 Dec 10:43:00 PM $USD lower against most majors (except $JPY) as news Abu Dhabi will bail out Dubai boosts confidence, weighs on safety-linked greenback
  • #210,248
  • Dec 13, 2009 10:50pm Dec 13, 2009 10:50pm
Well, early rise meant back to the charts, and decided to kill short at 1.6195. Glad I did, and feel the 'good' news from Dubai may very well see Cable back in the 1.65/1.67 region.

Right, a glass of milk for me...
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #210,249
  • Dec 13, 2009 10:52pm Dec 13, 2009 10:52pm
UJ and GJ both bounced off of a major trendline. I'm surprised this dubai news coincided so perfectly with price hitting these trendlines.
  • #210,250
  • Dec 13, 2009 10:57pm Dec 13, 2009 10:57pm
Yes, and just taking a look at EG, which seemed to be poised for a drop... and look how EU is acting. Pff, who says the markets cannot be rigged.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #210,251
  • Dec 13, 2009 10:57pm Dec 13, 2009 10:57pm
Dubai. that is all
  • #210,252
  • Dec 13, 2009 11:00pm Dec 13, 2009 11:00pm
Quoting Pipsqueak
UJ and GJ both bounced off of a major trendline. I'm surprised this dubai news coincided so perfectly with price hitting these trendlines.
Well. All I can say is fishy.. But what if CNN reported 'Dollar Soars after Breaking Trendline' or 'Dollar hits SMA goes down 10' instead of 'Dollar Soars - Lower Unemployment Rate"
  • #210,253
  • Dec 13, 2009 11:04pm Dec 13, 2009 11:04pm
Just taking a look around various instruments and their respective fib/trendlines etc, and it can be seen that a lot of conditions were right for these reversals. I suspect that the market knew of the impending news, and took instruments to their logical turning points prior to the news release, which I suspect may have been waiting for the instruments to meet their expected turning points. It then remains the case to ask, did each side know of the other's intentions, and were agreements in place? Opps, there goes the conspiricist in me again...
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #210,254
  • Dec 13, 2009 11:07pm Dec 13, 2009 11:07pm
just added short 144.82
  • #210,255
  • Dec 13, 2009 11:08pm Dec 13, 2009 11:08pm
amazing isn't it. the whole down move retraced.

Hope you guys weren't too greedy. if you were you're back at zero to slightly negative.
  • #210,256
  • Dec 13, 2009 11:09pm Dec 13, 2009 11:09pm
Quoting salihin
just added short 144.82
That last hourly candle closed above 144.66 which is the DP so it's a temporary bullish sign. Weekly pivot at 145.19 if broken GJ could go up quite a bit.
  • #210,257
  • Dec 13, 2009 11:15pm Dec 13, 2009 11:15pm
Quoting sed34
amazing isn't it. the whole down move retraced.

Hope you guys weren't too greedy. if you were you're back at zero to slightly negative.
It may occur that this bounce dreams to become a Trend.
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  • #210,258
  • Dec 13, 2009 11:16pm Dec 13, 2009 11:16pm
just sad maybe my short close at be +1 erlier after 150++ pip green
  • #210,259
  • Dec 13, 2009 11:16pm Dec 13, 2009 11:16pm
Quoting salihin
just added short 144.82
you sure you want to do that?
  • #210,260
  • Dec 13, 2009 11:17pm Dec 13, 2009 11:17pm
Quoting salihin
just added short 144.82
revenge trade?
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