H4 Elwave since the weekend kept showing SELL recommendations (EASI showing over 70% possibility on each of 3 consecutive wave forms) with target levels 1. 150.10 (attained) 2. 147.85 3. 146.75

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

could be ugly today. all throughout US session big boys were piling into bonds. 2yr TSY yields dropped 7.53 bps to 0.9128% Libor yields dropped 1.31 bps to 0.3344%

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

not sure about advanced GET but MT predictor is more to do using Fibo confluences, retracements and extensions than EW.

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

to make a point, however insignificant it may be. We all know how obnoxious pirata's comments were yesterday. More than high time one or more of us knocked him down a peg or 10

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

6 screen malcomb you mean $10 virtual cash. Come on, pirata's disappeared, $10 is written off certainty....... Wish banks would mark their crap off that easily

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

LOL i have more short orders. That 157 is the first one i closed

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

CIT had a nice dump today -15.52%. Thank you bondholders for bailing me out and making sure i suck up even more of your money, your voluntary sacrifice/cramdown allows me to issue IOU's on your now due interest payments. Another satisfied customer

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

I have TP'd my 157 short for 700 pips on that spike just past 150. Buyers seem to appear just on every occasion this beast approaches the 150 mark however with both crude and YM/ES crapping so heavily last night (SP500 closed below 1k ) ...

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

I have heard there was a rumour about a failure somewhere but i don't think its WFC. My money that its CIT (yeah the same one that was bailed out by its bondholders). Something about it being unable to honour its interest payments to its bondholders ...

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

Jamie: Operator, i'm calling from JP Morgan, please put me directly through to Mary, its a matter or great urgency. Operator: Madam Shapiro is attending a funeral today, may I ask why JP Morgan is calling this Sunday morning? Jamie: This is Dimon, I ...

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

Economist ROFL That has absolutely nothing to do with finding trade positions. you may as well study taxidermology and find that you're equally if not better equipped to handle trading since you won't have any preconceived (completely ...

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

now now, play nice guys, the bet between malcomb and pirata (newsman) was that whether or not GJ would hit 147 this week. Malc said yes, newsman said no-way. $10 stakes - hmmm although we never really made clear whether it was Cad$, US$, AU$, NZ$ or ...

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

Pending home sales figure is giving me the odd eye. Seasonally adjusted figures: +3.2% Seasonally unadjusted figures: -7.4% WTF?

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

brokers may provide this as a premium service for equity, options, warrants and sometimes futures contracts. Something that has a centralized clearinghouse which is able to see all the orders from every broker participating in the market. FX is ...

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

as far as i can see news spike didn't come with much more than average volume

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

Agaba, Sunny. There inherantly is market depth in every market, even forex. Too bad though as a forex trader, you'll never see it.

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

looking at the YM futures it looks like its actually getting marked up, and not down prior to the news.

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

market depth is king!!! If you had it you could pretty much guarantee positive pips for every trade you make. There was a competition back in our company for by placing phantom trades in the real ASX300 market. Restrictions was that you could only ...

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

Where's Karmo when you need him most. I need his QQE + Gann crossover expertise.

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

Nailed that one

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