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ovaforty replied Nov 23, 2008That means that Friday's last hour's push up is still in effect until they exit.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovaforty replied Nov 23, 2008
Govt's are piling up massive debt.....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovaforty replied Nov 23, 2008
Fundamentally, a few things are standing out in my mind. 1. The Chinese govt announced a huge infrastructure improvement. How will they pay for it? They will liquidate some of their billions in U.S. treasuries. This will cause a run on the bond ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovaforty replied Nov 23, 2008
The question is when will this scenario take place?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovaforty replied Nov 23, 2008
The usd/jpy is not as clear as the gbp/usd on this weekly chart. But we see long wicks at the bottoms of the previous 5 candles. Someone is buying this pair.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovaforty replied Nov 23, 2008
Weekly chart for cable shows a possible reversal candle formation, not yet confirmed.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovaforty replied Nov 23, 2008
I am ready to rock and roll this week. I am standing aside with cash waiting to exploit what the charts tell us. Keeping an eye on the volumes. Exagerated moves are likely, if the volumes are low enough.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovaforty replied Nov 23, 2008
That would make Avani's position a negative 70 pip open so far
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovaforty replied Nov 23, 2008
now it says 143.65. Looks like a gap up to me when the market opens like Malcomb said.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovaforty replied Nov 23, 2008
Now it says 143.02 for what that is worth.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovaforty replied Nov 23, 2008
yeah, that is why I posted " for what it's worth"
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovaforty replied Nov 23, 2008
Peaches... What are you seeing from the weekly chart?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovaforty replied Nov 23, 2008
XE.com is showing 142.83 for what that is worth.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovaforty replied Nov 23, 2008
I went out on a limb 3 weeks ago posting that the charts were telling us that geppy will undergo a correction up by Thanksgiving. Even though the charts were very bearish at that time, and the lows needed to be retested again.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- ovaforty replied Nov 23, 2008
Post it here. What are you afraid of? We will tell you what we see that agrees or disagrees with your analysis. No one will bash you for posting your views on a chart. What we don't wanna see is you criticizing other posts with no analysis of your ...
Auslanco - GBP/JPY and GBP/USD (newstrade)