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Eulogy replied Nov 19, 2008err buddy, no selling/no buying. whats the point in that? although i won't be surprised if they scrap together some major intervention. The Federal Reserve will probably create several warehousing companies all controlled by a single entity (Federal ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 19, 2008the Dow breakout even though is only 3 points past the 8k make is still be very strong psychological indicator. This just reinforces my belief that DJIA will tank hard past this point. There's some analyst at CNBC calling for 6.4k before Christmas. ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 19, 2008err i meant that the lowest point was 1.4 pips away from my TP. when i manually closed out i was about 35 pips away from it.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 19, 2008Hello, just woke up and within 2 mins (still bleary eyed) closed that trade manually at 144.20. I really hate it when the median price has crossed your TP level but just misses the TP because of spread. Missed my TP by 1.4 pips
Not to worry ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 19, 2008I'm already short 146.5 TP 143.90. apparently got in before a full confirmation but thats ok. its only a small position. What I don't trust however is that PA spiked up so rapidly even though its in overbought territories. Add that to the fact that ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 18, 2008I'm on the thought that 139 will eventually be taken out. Question now is still on whether or not it will head higher to 150 before diving.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 18, 2008Hey D, still in the dumpster these days
? very true observations however i have to clarify that my observation is still at a very premature stage. The July 08 PA stagnation lasted over a month in total. So far this time round it has barely been ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 18, 2008The last time that the price in GJ was this stable was a small patch around July 08 where it hovered around the 211 area... before shooting off to 215.8 (400-500 pips) and then collapsing. If the same holds, malcolms 149.50 might just be caught ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 18, 2008a slightly lower post-lunch open of nikkei is pulling carries down
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 18, 2008thats a very strange EW count you have there. Waves 1-5 should be with an unidirectional underlying trend
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 18, 2008its not the setting up that's the bother. you can't heavy scalp more than 1 account at a time. I was watching cent movements taking 1 cent profits here and there and repeatedly refilling over the same ranges for about 0.6% balance gain every trade ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 18, 2008I'm not all that familiar with american stock to be honest. What i can tell you however is that my gains in the competition came from being able to play the penny stocks. The million $ competition isn't about gains in the long run, its about have a ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 18, 2008i wanted to as well but can't do anything about that US citizen rule. Very infuriating too since when the bank that i work at held an internal stock trading competition using the CNBC competition system i came 2nd from 5000...with about 300% profit ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 18, 2008CNN market data = 10-15 min delay not good if your looking at a fast market. Although in this case you are lucky. NK just spiked up to +39.00 Try this link instead for 1min delay nikkei url
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 18, 2008????? Nikkei 225 8,318.89 - 9.52
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 18, 2008i don't have an EW analysis of cable with me atm but as far as i know there is no length restriction on impulse wave 1 or 5. The only condition is that wave 3 not be the shortest out of 1,3 or 5
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 18, 2008well we know that they captured it for the ship and not the oil

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Nov 17, 2008watch for fakeouts in Euro session. Asian session being so quiet is very disconcerting.
Auslanco - GBP/JPY and GBP/USD (newstrade)