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

  • #221,321
  • Apr 16, 2010 10:10am Apr 16, 2010 10:10am
Quoting Kofmaster
http://www.youtube.com/watch?v=USlnfTGlhXc

Bruce Lee teaching us how to trade Forex.
Enjoy everyone

This is the hidden meaning:-

Empty your mind( Empty your mind ). Be formless, shapeless like water ( Asking you not to draw any trendline ). You put water into a cup it becomes the cup you put water into a bottle it becomes the bottle you put in a teapot it becomes the teapot ( As anything you drew will very often drew to your preference ). A water can flow or it can crash( Market can be bull or bear )....
There was a very powerful hidden message indeed. Master Lee was saying to liquidate the gbp "Be Water My Friend" meant in other words "to be liquid", "to liquidate". It was indeed a powerful message. :nerd:
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #221,322
  • Apr 16, 2010 10:15am Apr 16, 2010 10:15am
The Goldman story could be the phantom lerking around the corner. ;-)

NM
  • #221,323
  • Apr 16, 2010 10:20am Apr 16, 2010 10:20am
141.00 may not provide much support at this rate afterall...
check out my blog: forexmademillionaire dot com
  • #221,324
  • Apr 16, 2010 10:26am Apr 16, 2010 10:26am
Piters - Was it you who said something months ago about potential problems coming for Goldman regarding fraud?

I do remember reading it here, but can't exactly remember who said it. Must have been over 6 months ago.
  • #221,325
  • Apr 16, 2010 10:35am Apr 16, 2010 10:35am
Quoting kourtney
ok dear friends I'm out closed all my positions I prefer to have the weekend without floating lots...

next week new strategy

have a great weekend every one!!!

Same same..better get out b4 market closes.. I hate watching volume drying up and brings price back just below 143. Happy weekeend all
  • #221,326
  • Apr 16, 2010 10:35am Apr 16, 2010 10:35am
Quoting ukdaytrader
The point I was making was that at the time he stated the bullish divergence in his post, the price had already retraced to the yellow line/box area. This, in my view was the play-out area. Thus no 'active' bullish divergence.

You can do a very rough estimated target for divergences, but it's not an applied science. I merely use the first 'official' play out area and go from there.

If you do a search for some of my other posts this past few weeks, you will see other examples.
Thanks.
Time flies like an arrow; fruit flies like a banana.
  • #221,327
  • Apr 16, 2010 10:37am Apr 16, 2010 10:37am
Quoting ukdaytrader
Piters - Was it you who said something months ago about potential problems coming for Goldman regarding fraud?

I do remember reading it here, but can't exactly remember who said it. Must have been over 6 months ago.
yes bro..

few months ago.. you have good memory.. as this is the ONLY way to "cover" the dirty shirts... just collapse one company and keep business as usual..

JPM are the MAIN players.. they OWN treasury since 19th century.. read some history on JPM.. and you'll figure the rest..
  • #221,328
  • Apr 16, 2010 10:45am Apr 16, 2010 10:45am
Quoting Myrza
Same same..better get out b4 market closes.. I hate watching volume drying up and brings price back just below 143. Happy weekeend all
I have a hard time seeing 143.00 We could see low 142 area though. There's just no way I'm giving up my position, not yet. A test of the lower trendline from our broken channel would be pretty standard...
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  • #221,329
  • Apr 16, 2010 10:49am Apr 16, 2010 10:49am
I believe, looking at the Daily RSI, that we are still in the Uptrend in this pair. Possibly, once RSI gets to 50, we'll really see how the danglelang swangs. 137, 146 Have a great weekend guyzzzzz
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  • #221,330
  • Apr 16, 2010 10:52am Apr 16, 2010 10:52am
Quoting Piters
yes bro..

few months ago.. you have good memory.. as this is the ONLY way to "cover" the dirty shirts... just collapse one company and keep business as usual..

JPM are the MAIN players.. they OWN treasury since 19th century.. read some history on JPM.. and you'll figure the rest..
Yet I can't remember what I had for dinner.

I have done some reading on JPM previously after the Bear carve-up. One of the guys on the forums over at Oanda summed JPM up perfectly; "The day JPM get in trouble, people will be jumping from windows again"
  • #221,331
  • Apr 16, 2010 10:54am Apr 16, 2010 10:54am
Quoting Geppy
I have a hard time seeing 143.00 We could see low 142 area though. There's just no way I'm giving up my position, not yet. A test of the lower trendline from our broken channel would be pretty standard...

I am not a long or medium term trader...rarely kept my position longer than a day. I will just keep what ever is on the table. Bear is in control now..Will try to get a new entry next week. Anyway it is nearly past midnite here..wify needs my attention too..and I am getting sick watching charts the whole day. GL to you.".happy trading and best regards"..LOL.
I am feeling sorry for Mush...he is a funny guy actually
  • #221,332
  • Apr 16, 2010 10:57am Apr 16, 2010 10:57am
Quoting Myrza
I am not a long or medium term trader...rarely kept my position longer than a day. I will just keep what ever is on the table. Bear is in control now..Will try to get a new entry next week. Anyway it is nearly past midnite here..wify needs my attention too..and I am getting sick watching charts the whole day. GL to you.".happy trading and best regards"..LOL.
I am feeling sorry for Mush...he is a funny guy actually
Have a good weekend, Myrza.

Regarding Mush... I think him and Gucc would make a wonderful couple!
check out my blog: forexmademillionaire dot com
  • #221,333
  • Apr 16, 2010 10:59am Apr 16, 2010 10:59am
Quoting ukdaytrader
Yet I can't remember what I had for dinner.

I have done some reading on JPM previously after the Bear carve-up. One of the guys on the forums over at Oanda summed JPM up perfectly; "The day JPM get in trouble, people will be jumping from windows again"
yup, the only one Private company who Bailed Treasury 2 times so far in US history...

more...

http://en.wikipedia.org/wiki/J._P._Morgan





p
  • #221,334
  • Apr 16, 2010 10:59am Apr 16, 2010 10:59am
Quoting Geppy
Have a good weekend, Myrza.

Regarding Mush... I think him and Gucc would make a wonderful couple!

Personality wise they are not compatible because Gucc is in love with him self to much. Mush is too pushy..
  • #221,335
  • Apr 16, 2010 11:00am Apr 16, 2010 11:00am
Mush said a few things this week, (well actually, more then a few things, but i'll concentrate on the main ones):

 

  1. GY will not break 145.
  2. GY will fall heavily from there.
  3. There will be big news on Friday.
  4. There will be big movement on Friday.



Whoever banned him, hang your head in shame. lol

  • #221,336
  • Apr 16, 2010 11:04am Apr 16, 2010 11:04am
Quoting Myrza
Personality wise they are not compatible because Gucc is in love with him self to much. Mush is too pushy..
Anyway I like Mush better..I will give him a second chance..Mush if u are there..have a good weekend..You are right this time. This is kaboom
  • #221,337
  • Apr 16, 2010 11:14am Apr 16, 2010 11:14am
...here is the 64 million dollar question:

How many big players will be long from here?

Some higher volume this past hour tells me that some pretty heavy bids have been hit on the way down. Wonder just how strong these bids are..?
  • #221,338
  • Apr 16, 2010 11:16am Apr 16, 2010 11:16am
Quoting Piters
yup, the only one Private company who Bailed Treasury 2 times so far in US history...

more...

http://en.wikipedia.org/wiki/J._P._Morgan





p
and for that they get the ultimate favoured treatment.

Q1 2010 JPM received 5bps interest on the $271 billion they borrowed from the government or roughly $34 million per quarter. The US has now taken the Japanese deflation lesson to a whole new level where not only real IR are negative but notional IR is too.
  • #221,339
  • Apr 16, 2010 11:20am Apr 16, 2010 11:20am
Quoting Myrza
Anyway I like Mush better..I will give him a second chance..Mush if u are there..have a good weekend..You are right this time. This is kaboom
Agreed, I'll take Mush over Gucc any day!
check out my blog: forexmademillionaire dot com
  • #221,340
  • Apr 16, 2010 11:25am Apr 16, 2010 11:25am
Did Mush work for GS?
Quoting ukdaytrader
Mush said a few things this week, (well actually, more then a few things, but i'll concentrate on the main ones):

 

  1. GY will not break 145.
  2. GY will fall heavily from there.
  3. There will be big news on Friday.
  4. There will be big movement on Friday.



Whoever banned him, hang your head in shame. lol

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