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moneymagnet replied Nov 26, 2007we will probably range until europe opens
Auslanco - GBP/JPY and GBP/USD (newstrade)
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moneymagnet replied Nov 26, 2007i don't know if divergence caused the up move but this might have: This is the cause of the pop:- Abu Dhabi Invest Authority To Buy $7.5bln Of Citi Equity Units ,which is being interpreted as good news for the financial sector and equity markets, ...
Daily/Intraday Momentum Analysis
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moneymagnet replied Nov 26, 2007we also have the 4hr 5 sma high and the 1hr 100 ema as strong resistance at the 224 area. but as i am typing it busted right through it. wow
Auslanco - GBP/JPY and GBP/USD (newstrade)
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moneymagnet replied Nov 26, 2007glad i waited before i scaled in shorts. this is what i saw. bullish divergence 4 hr
Auslanco - GBP/JPY and GBP/USD (newstrade)
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moneymagnet replied Nov 26, 2007m2b, seeing some divergence on the 4hr
Daily/Intraday Momentum Analysis
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moneymagnet replied Nov 26, 2007i will scale some shorts in soon.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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moneymagnet replied Nov 26, 2007gene, do you know what you will call it?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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moneymagnet replied Nov 26, 2007yes i saw that but i don't think the geppy will have enough steam to get through the 4hr 5 sma close and the daily mom's are choppy/bearish but we will see
Auslanco - GBP/JPY and GBP/USD (newstrade)
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moneymagnet replied Nov 26, 2007i am actually looking for a retrace up to 222.94 223.20 area and i will short there if the situation is right. both are fibo areas of this last move down but we shall see
Auslanco - GBP/JPY and GBP/USD (newstrade)
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moneymagnet replied Nov 26, 2007dang it! just wouldn't give me the bounce i was looking for! wanted in on this short
Auslanco - GBP/JPY and GBP/USD (newstrade)
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moneymagnet replied Nov 25, 2007short term it doesn't matter as long as it was actually spent. most americans shop with credit during holiday seasons anyway. 1 day of spending is not going to save the dollar.
Cable Update (GBPUSD)
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moneymagnet replied Nov 24, 2007SAY IT AIN'T SO MARKAM, SAY IT AIN'T SO!!!!

Auslanco - GBP/JPY and GBP/USD (newstrade)
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moneymagnet replied Nov 23, 2007looks like the market is having leftover turkey. dow, nasdaq, s&p are all up and we r stuck. have a good weekend all
Auslanco - GBP/JPY and GBP/USD (newstrade)
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moneymagnet replied Nov 23, 2007i know aus' system is still practiced here but i think he has abandoned this thread to start another. heres the link to the last page today url
Auslanco - GBP/JPY and GBP/USD (newstrade)
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moneymagnet replied Nov 23, 2007just looking at the 4hr chart we are approaching the 5 sma 223 area and on the 30 min we are approaching the 50 ema so i decided to close my second for +120 and see if we get a hard bounce or a hard close above. bias is still long at the moment.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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moneymagnet replied Nov 23, 2007yep thats y i closed one and moved the other to +1 just in case. but if we get that hourly close above 222.90 as mike suggested we should be good on the long move, but this is fx so we just make calculated predictions and trade what we see right!!
Auslanco - GBP/JPY and GBP/USD (newstrade)
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moneymagnet replied Nov 23, 2007i am up over +80 on one long and just closed another +50. i moved up stop on first to +1 and plan on keeping it targeting 229-230 area. expecting a small bounce fron 222.65 area and i plan on adding another long position on that dip. i showed a ...
Auslanco - GBP/JPY and GBP/USD (newstrade)