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LOL m2b! oops i mean my2b
Auslanco-GBP/JPY Strength Indicator strategy 345 replies
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DislikedIf it ain't broke, don't fix it. I noticed that today with the DOW .. I bet markam was confused too lol.Ignored
DislikedLooks like it could be a boring night (day) so off to bed. London session should bring some spice back into the market.
HM, would you be able to get your chauffeur to pick me up from Sydney Airport and leave a nice bottle of champange in it? I'm sure my wife would be impressed and may even allow me to trade moreIgnored
DislikedI get feeds from IFR markets, 4Cast, Thomson markets, - all plus my Reuters feed. Sometimes reports from Gain Capital also pour in. I look at option strikes, expiries, fund demands, etc.
The most important reports I look out for are fixes, they're great to take advantage of. I would say 80% of the time, fix information is pretty accurate. Either it happens, or it doesn't.
Option strikes also occur at an amazingly accurate rate. I remember there was this option strike on some pair (dated for a NY open) and the price was 150 pips away. As soon as it started getting close to ny open.. price went nuts.. went down all the way - 150 pips.. hit that option strike and went back up lol. I was just watching and shaking my head.
I'm not confident of my current trades, because overall I am extremely bearish on GBP/JPY. I still believe there should be more correction, but then looking at what the markets want - I am compelled to take opposite trades.
If it ain't broke, don't fix it. I noticed that today with the DOW .. I bet markam was confused too lol.Ignored
DislikedMarkam was saying DOW would reach a new high for a few days/weeks. I was only thinking a double top but he was obviously right. Anyway, I think Wednesday (+-1) could be a big day.
But I have to agree and I have mentioned this many times - just go with the flow (and don't worry about the news). My charts tell me more than any news report couldIgnored
DislikedNow I wouldn't be surprised to see the dow go to 15-16,000 before it crashes. Crash it will though.Ignored
DislikedIs it safe? Hasn't the country dried up yet?
Seriously though, I will be there in 3 years time for 2 years, then back to the UK. Not sure it's a good idea yet but we'll see.Ignored
DislikedThink she'll have enough steam to blow through it this time? Im hoping not, cuz I love this up/down/up situation. Easiest trades I've made in quite a while.Ignored
Dislikedwell safe?--compared to Uk--hell yeah!--we havent had any "bombings" here yet mate--lol (not jinxin anythin)
our dollars gettin stronger too
our weather--lets say is 90% better then Uk
ull love it for sure
ps--ive spent 5 yrs in UK myself--
it owuld be nice to have u here--let me know when u ever come down underIgnored
DislikedThink she'll have enough steam to blow through it this time? Im hoping not, cuz I love this up/down/up situation. Easiest trades I've made in quite a while.Ignored
DislikedIgnored