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- rgitt05 replied Nov 29, 2009
Weekly GJ — On my weekly charts, the zero lag crossed downward, I am expecting some pullback..However, GJ will fall sometime this week since this is a weekly chart. 146 and 148 are the resistance zone that maybe the reversal on the daily ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Nov 29, 2009
Weekly GJ — In the past 146 was the support and now it should be the resistance.. Rally to the 146 is possible since the asian market is recoverying from this BS dubai's crisis...There is still no details on this 60 billions defaults bailout.. ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Nov 29, 2009
The Bank of Japan's Governor Shirakawa will be speaking at 1:00GMT at a business event in Nagoya.....Due to the recent volatility in the Yen the likelihood of currency comments is quite high....

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Nov 29, 2009
You are right about gold correction..I guess they use the Dubai excuse for the PB on gold.. Here is an article I found that support your excellent TA on gold. Gold Will Collapse Like Oil Did in 2008: Charts The gold price has moved quickly and it ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Nov 29, 2009
Commentary: Many factors at play today pre open and at the open.....Markets still concerned about the possible loan default of Dubai, as well, there is talk of a press conference later in the day from the UAE in reference to measures to be taken ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Nov 29, 2009
U.S. banks less exposed to Dubai than European rivalsDerivative-based hedging, loan syndication clouds ultimate exposures SAN FRANCISCO (MarketWatch) -- U.S. banks are probably less exposed than European rivals to a potential debt default by Dubai ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Nov 29, 2009
Japan’s Fujii Says Government Won’t Weaken Yen Kaboom..

Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Nov 29, 2009
Daily GJ perspective — PA looks to PB back to the daily TL 144 zone and may consolidate in the area or continue back to the overall daily RED TL 148 zone before another drop.. The dubai weekend news and black friday retail sales will hype up ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Nov 29, 2009
Maybe this news over the weekend explains the GJ rally. UAE central bank sets up liquidity fund for banks in emirates TEL AVIV (MarketWatch) - The central bank of the United Arab Emirates said it would provide a special fund to back local and ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Nov 29, 2009
U.A.E. Central Bank Stands Behind Lenders, Adds Funds — Nov. 29 (Bloomberg) -- The United Arab Emirates’ central bank said it “stands behind” the country’s local and foreign banks, which face losses from Dubai World’s possible default, and ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Nov 28, 2009
By Matt Carniol Dubai: Not A Permanent Effect If… While global stock markets plunged (and the dollar rose) in the wake of Dubai World’s effort to reach a standstill agreement with its creditors, one has to keep the most important fact in mind. ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Nov 28, 2009
Wishful thinking but you never know!!

Lilmoe's Trading System and Analysis
- rgitt05 replied Nov 28, 2009
It is a dead duck pattern after I shoot it..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Nov 28, 2009
You think the market is ready for correction? Past post about correction: The article stated market due for correction : I expect it to last until late November and bring prices back 10 percent to 15 percent. Dubai is a good story to sell, sell, ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Nov 28, 2009
Hi Lilmoe, It great to see you are back posting again. I am big trend trader and PA on higher TF's. Here is my past post about the future of GJ. url A Perfect Setup for a Stock Market Correction url Thanksgiving target: url Here the 100 target ...
Lilmoe's Trading System and Analysis
- rgitt05 replied Nov 27, 2009
Market closed early today at 1pm. Black Friday is the Friday following Thanksgiving Day in the United States, which is the beginning of the traditional Christmas shopping season
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Nov 27, 2009
You are probably right...Trading is 90% Psychology and 10% TA. If she learn to follow the trend and she will be the forex kaboom master before graduating school.. Keep it simple!!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Nov 27, 2009
Start her young in forex and she will be great trader. Woman make better traders than men cause they are not big gamblers.. I have to start showing my son how to trade..There will be no jobs in the future since US send them overseas..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Nov 27, 2009
Wait and see the end of the day before making a decision..The market is close now at 1pm, so PA will be slow or crazy PA. I am all bearish.. The weekend will tell all about this Dubai crisis.
Auslanco - GBP/JPY and GBP/USD (newstrade)