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- rgitt05 replied Sep 15, 2008
I'm making money anyway... — I know when to get out of a losing trade...
Remember money can be made both ways....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
How is your long position doing? — Good Luck with your bias about the bottom..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
Dividends are being cut with all companies.. — Low dividends will scare investors away.. Look out below.. panic selling...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
Fear Factor.. — Panic selling will occur ... Who want to own debts?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
The learning curve is improving.. — Trend is your friend.. Trade what you see on the charts.. Good Luck..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
Wait and see a big loss on this tread.. — SL will be trigger..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
Lookout for panic selling in Asian equity markets — Watch and see the freefall..

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
Market is still waiting on the FOMC tomorrow — I believe the GJ will rebound if the Asia market thinks the US will cut rate.. However the charts is still bearish.. Trade what I see on the charts Remember to lock profits all the way down or ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
I hope you are right but the correlation are not same now — The oil is down and DJ down ...No correlation Fundamental is in control.. Their is alot of fear out their....
Good Luck.. Remember theories don't always work... Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
Hi Orionsway — Tell me when the last time the market dealt with this crisis... Majority of the traders will reaction the same with this bad news is why the DJ dropped 500 points. No one have control of FOREX... The fundamental is bad... The ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
Hi Orionsway.. — Thanks for your feedback.. I don't believe we have a bottom yet because the asia market have not react to this bad news ... There is alot of bias of thousand of experts saying in the past no housing bubble and now we are ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
It depends on your platform... — every min counts...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
Hi Bigcoupe — My bias is the market probably will test the trendline on the monthly chart even if the feds cut the rates... Fundamentals are real bad.. More banks will file bankruptcy means more job loss More company merging means more job ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
All ducks are lined up for a freefall — 15 min,60 min, 240min candle is below the Gann-Hilo 240min trendline is downward QQE is below the 50 in the 15min,60min,240min DJ dropped over 500 points.. Any questions on the facts...

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
If the 187.00 breaks, Lookout Below!!! — Good Luck Trader... So far, things look real back... How low can you go GJ...? My target is 170.00 if the FOMC have no solution to this crisis...

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
Thanks for your understanding malcolmb. — I feel somewhat the same, however, I believe the Asia session will tell us overall how GJ and UJ will reacted before the FOMC tomorrow.. If the feds cuts the rates, then it will be a wild ride all the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
Goodbye 190.00 Hello 170.00 — How low can you go GJ? The beast is getting ready to breakout soon....

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
Market waiting on the FOMC decision.. — Maybe the Feds will decide tonite for an emergency rate cut. No correlation with the oil and DJ...The carry trade waiting for a big freefall
Since the Feds didn't bailout Lehman, it sends a ...Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
It's brewing for a big freefall.. — Tonite will tell us everything. Also, FOMC tomorrow will be interesting.. All I know is that the longer we range, the bigger the breakout.... Get ready for a breakout...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Sep 15, 2008
The stock selloff accelerates as the Dow drops over 400 points, or about 3.5%. — I can't wait until the market close and the asia market open

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