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- Rustyyy replied Jul 24, 2008
Little confused — Lilmoe...yes I was short. Picked up some retracement longs at 213.00 area, looking for 4HR 5SMA. Weekly chart. Please take a look. Momentums down and crossing my little 8SMA which I use for signals. Last time this happened we ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 24, 2008
We could see more movement down tonight in Euro session and into tomorrow us session. Prelim GDP for GBP. If weak it will weaken pound. All kinds of USD news tomorrow a.m. None of it looks to be good this time. Just a heads up..... Also, VIX spiked ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 24, 2008
Expecting a hard bounce from 213.80-214.00 area. Up to 214.80-215.00 area. But lets see what GBP retail sales look like at 0430 EST. If surprise to downside...........
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 24, 2008
Momentum — 15min to weekly momentum. ALL pointing down. Where are we going ???? Looks like Europe may need your crapper Lilmoe
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 23, 2008
08:07 - Strong Quake Hits Northeastern Japan, More Than 75 People Injured
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 23, 2008
What about August 1st. Solar Eclipse. New Moon. NFP Friday. See anything there ???
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 23, 2008
If you take a step back and come back and take another look at this it is clear as day. The question is WHEN? The past two weeks I have been very conservative with my longs. I learned my lesson last year. That selloff that started in July gave no ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 23, 2008
Sure does and much appreciate you taking the time to explain. Your technical analysis is far and above my own. I have been watching the weekly chart for a while and have noticed some signs of an impending fall but no confirmation as of yet. Thanks ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 23, 2008
I am still digesting this my friend. Can you post the chart....?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 23, 2008
Just some comments — Seems to me that this is all based upon oil. The decrease in oil has strengthened the dollar. As oil falls the expectation for a Fed rate hike is increasing = dollar strength. Anyone have any views when the oil trade will ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 23, 2008
Thanks Bro. One thing I noticed. 15, 30 and 1 hour QQE's crossed down but price is not following. Weak buying? Weird.... Anyone else notice?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 22, 2008
Post a chart. Share your analysis. Don't disrespect others. Thanks
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 22, 2008
Interesting — First 1HR bar to open below this T/L since July 16th. Well, that is, if it stays there....

Anyway...just a little food for thought.Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 22, 2008
Not really.
I think you are right, price will be driven up tomorrow by trip Wed. But the way this market is anything and everything could happen. I wonder how long this oil trade is going to correlate the carry trades? I also wonder if this is ...Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 22, 2008
I agree. But two things that might throw a wrench into the works. 1) MPC meeting minutes. 6-3 hold would weaken GBP. 2) Oil inventories tomorrow in US session. Any sign of depletion and oil will shoot up. Weak dollar. Other than that....who knows. ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 22, 2008
200 point rally in dow today from low to high. If that can't break 214.00 I don't know what will. Suspicious............
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 22, 2008
Monitor...throw...thru window.......

Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 22, 2008
I guess if you can't short the financial stocks might as well buy them.....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Rustyyy replied Jul 22, 2008
Isn't that the truth. My little plan got pummeled today. Unless you can guess what oil is going to do.....there is no rhyme or reason. It is all about oil and nothing else. ...and before anyone answers...how can you analyse hurricanes, sword ...
Auslanco - GBP/JPY and GBP/USD (newstrade)