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

  • #224,381
  • May 13, 2010 3:49pm May 13, 2010 3:49pm
Quoting quecee5
I really don't think so. . . Don't be surprised to see some of that long stem on the bounce from 129.22 get recovered. . . and look at GU its on the brinks of breaking 1.46 support so no trap IMO - Think it's safe to say we are heading much lower. . .

unless the bull pip gods come with some saving grace for bulls/longs. . .
What do you make of that, high volume down day that ended in middle, is that big money buying, is 129.22 gonna be the bottom?
  • #224,382
  • May 13, 2010 3:52pm May 13, 2010 3:52pm
Quoting profxtrader
Unfortunately that's a horrible reason to get into a trade. To quote an old trading adage, "It's better to be out of a trade wishing you were in, than in a trade wishing you were out." PAtience is key. If you needed a retracement to fit your criteria... you should wait for one.
I closed my short. I think short at the bottom isn't a very good idea even if the trade plays out. More pips are made if short after a retracement. Crossed fingers for retracement.
  • #224,383
  • May 13, 2010 3:59pm May 13, 2010 3:59pm
Quoting cullian
What do you make of that, high volume down day that ended in middle, is that big money buying, is 129.22 gonna be the bottom?
Bro to my knowledge the selling to 129.22 was an order entry computer error so the buying that you saw in volume may only be the computer correcting it's self and not actual buying.

But who knows - so much manipulation and games being played in this game it's hard to associate what that volume really is. . .
  • #224,384
  • May 13, 2010 4:01pm May 13, 2010 4:01pm
Quoting cullian
What do you make of that, high volume down day that ended in middle, is that big money buying, is 129.22 gonna be the bottom?
Personally I think it'll be a bit closer to 131.50.
Every time you use 'hopium' in a post, God kills a kitten.
  • #224,385
  • May 13, 2010 4:02pm May 13, 2010 4:02pm
Quoting quecee5
Bro to my knowledge the selling to 129.22 was a order entry computer error so the buying that you saw in volume may only be the computer correcting it's self and not actual buying.

But who knows - so much manipulation and games being played in this game it's hard to associate what that volume really is. . .
Do you really believe that much of anything that happens in this game is an error? Planned error maybe...
Every time you use 'hopium' in a post, God kills a kitten.
  • #224,386
  • May 13, 2010 4:06pm May 13, 2010 4:06pm
Quoting quecee5
Bro to my knowledge the selling to 129.22 was an order entry computer error so the buying that you saw in volume may only be the computer correcting it's self and not actual buying.

But who knows - so much manipulation and games being played in this game it's hard to associate what that volume really is. . .
Damn Goldman sachs and their proprietary software, unless you know where to get a copy
  • #224,387
  • May 13, 2010 4:09pm May 13, 2010 4:09pm
Quoting profxtrader
Do you really believe that much of anything that happens in this game is an error? Planned error maybe...
Nope! Bro really it was BS. . . and it was purposely done as a pyschological test of the market/sentiments. . .

They printing money so they have to devalue it so lower is to be expected. . .
  • #224,388
  • May 13, 2010 4:09pm May 13, 2010 4:09pm
Quoting cullian
Damn Goldman sachs and their proprietary software, unless you know where to get a copy
OK, enough of the secrecy. I am actually George Soros and I planned this event. Want me to do it again? Wait until tomorrow.
Every time you use 'hopium' in a post, God kills a kitten.
  • #224,389
  • May 13, 2010 4:10pm May 13, 2010 4:10pm
Quoting cullian
Damn Goldman sachs and their proprietary software, unless you know where to get a copy
maybe it was a warning shot to some politicians that they don't want to mess with GS. . . "slap my wrist, give me my fine money back and next time it will be 103 if you continue to mess with us. . . "
  • #224,390
  • May 13, 2010 4:10pm May 13, 2010 4:10pm
Quoting profxtrader
OK, enough of the secrecy. I am actually George Soros and I planned this event. Want me to do it again? Wait until tomorrow.
Hold on, let me take a loan out on the house first
  • #224,391
  • May 13, 2010 4:11pm May 13, 2010 4:11pm
Quoting quecee5
Nope! Bro really it was BS. . . and it was purposely done as a pyschological test of the market/sentiments. . .

They printing money so they have to devalue it so lower is to be expected. . .
Oh absolutely, positively, and very profitable BS...
Every time you use 'hopium' in a post, God kills a kitten.
  • #224,392
  • May 13, 2010 4:11pm May 13, 2010 4:11pm
Quoting cullian
Hold on, let me take a loan out on the house first
I am George Soros and I wait for no one.


OK enough joking. I'm going to eat.
Every time you use 'hopium' in a post, God kills a kitten.
  • #224,393
  • May 13, 2010 4:16pm May 13, 2010 4:16pm
i tihnk we will continue in asian session with a move lower,and uk session a quiet pullback and late US session will we see sparks and we will TANK BIG .hopefully 4 tanking sessions in one direction
  • #224,394
  • May 13, 2010 4:16pm May 13, 2010 4:16pm
Quoting quecee5
maybe it was a warning shot to some politicians that they don't want to mess with GS. . . "slap my wrist, give me my fine money back and next time it will be 103 if you continue to mess with us. . . "
maybe obama stopped spending for a minute
  • #224,395
  • May 13, 2010 4:20pm May 13, 2010 4:20pm
Quoting cullian
maybe obama stopped spending for a minute
  • #224,396
  • May 13, 2010 4:22pm May 13, 2010 4:22pm
Quoting fullhouse
i tihnk we will continue in asian session with a move lower,and uk session a quiet pullback and late US session will we see sparks and we will TANK BIG .hopefully 4 tanking sessions in one direction
I agree - distribution looks to have completed and we look to have a real break of support. . . Wouldn't be surprised to see 129 tested again if not lower - not today but in the coming days/week. . .

Also, hate to say it - looking at the daily chart I can count 4 waves from 146 and this one down looks to be a 5th in the making. . . which if correct should end ar'd 125 maybe lower. . . Don't be surprised if u wake up and see. . .
  • #224,397
  • May 13, 2010 4:24pm May 13, 2010 4:24pm
Congrats on shorts guys. I'm gonna go shoot myself.
  • #224,398
  • May 13, 2010 4:26pm May 13, 2010 4:26pm
scrat ..quiet 2day ?
stop counting and relax !!
  • #224,399
  • May 13, 2010 4:26pm May 13, 2010 4:26pm
Quoting $teve
Congrats on shorts guys. I'm gonna go shoot myself.
Bro it was the best call for you - you would have had to sit and babysit it which is now fun. . .
  • #224,400
  • May 13, 2010 4:26pm May 13, 2010 4:26pm
Quoting $teve
Congrats on shorts guys. I'm gonna go shoot myself.
haven't you been reading, its gonna pullback in uk session, then you can short.
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