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- RonPaul2008 replied Oct 25, 2009
so according to the JP Morgan Sunday Fowards quotes, looks like i was pretty dead on with my -36 pip weekend gj gap prediction hope everyone is on board with my call also, another one for you. go short on AUD/CAD 17 minutes after aus market opens. ...
- RonPaul2008 replied Oct 23, 2009
will gap down over weekend by 36 pips, and then begin to fall through asian session, rising slightly before london open, before continuing to fall to 149.26 by monday evening. tuesday will see small upward gain 20-30 pips, but downtrend will ...
- RonPaul2008 replied Oct 23, 2009
its a nice trade. but better short opportunity on gj still.. since i think e/g will be 9300 again shortly
- RonPaul2008 replied Oct 23, 2009
no, it wont hold.. i predicted this recent big upmove when we were hanging over 141 area now i say... SELL!!! were heading back to 144
- RonPaul2008 replied Oct 7, 2009
okok, firstly, yen is VERY overvalued. there is no justification for these levels anyway but also, central bankers are worried about gold price, and they do NOT like to see gold rising. there will be some form of intervention to bolster usd (and gbp ...
- RonPaul2008 replied Oct 7, 2009
why.. 12 because i try to save people getting burned from short GJ?? truth be told, i am fully leveraged my whole account with no stop, on GJ long we'll see who is wrong
- RonPaul2008 replied Oct 7, 2009
IMO as of today, GJ is about to start a major medium term bull run i'm long from 14040... target maybe 155..
- RonPaul2008 replied Oct 7, 2009
14050 is as low as this pair is going to be within the next 2 months. buy now, or at least for gods sake dont short!!
- RonPaul2008 replied Oct 2, 2009
sure thanks :> btw, how are your shorts doing?
- RonPaul2008 replied Oct 2, 2009
appologies I quoted next month's figures however, it doesn't change the upward move
- RonPaul2008 replied Oct 2, 2009
so the consensus seems to be we're headed higher for now? i agree but i'm not so confident of my 144.4 prediction quite so soon, so will be looking to unload at about 143.60
- RonPaul2008 replied Oct 2, 2009
regardless, I think we all need to face facts the british pound is not toilet paper, contrary to what you hear around here and your attempts to destroy our currency will fail! tread carefully
- RonPaul2008 replied Oct 2, 2009
hope you enjoy the taste look even on your chart you post.. black bars=21.white = 9 using the JPMorgan FX blackbox calculation, (21/9 * 1.059)*4) = 9.884 this means we are searching for at the very least, 126 pips upward before any further direction
- RonPaul2008 replied Oct 2, 2009
disregarding the upcoming good news, another reason I am long is because of EJ and EG... EG is range bound and approaching resistance while EJ is at a level of strong support (130)
- RonPaul2008 replied Oct 2, 2009
HA. "news is just reporting numbers about events that have already happened" so we should disregard news events and just look at charts? Duh! charts also, are just prices that have already happened trading charts is fine in range bound scenarios, ...
- RonPaul2008 replied Oct 1, 2009
130 is the bottom headed to 131.35
- RonPaul2008 replied Oct 1, 2009
the nationwide HPI reading in a few hous will cause a brief sharp rally in gbp, as it will come in at 1.2%, whereas expected 0.8%. uptrend will however continue slowly for at least 2 days as equities recover target 144.40
- RonPaul2008 replied Oct 1, 2009
youre wrong its about the fundamentals. forget the charts United Kingdom has the strongest economy in the world.
- RonPaul2008 replied Oct 1, 2009
youre wrong man, its a real good trade. hell, i got in long slightly early,at 142.53, but have no regrets, as in 48 hours we will be at least 143.70
- RonPaul2008 replied Oct 1, 2009
uhm.. this is going to 144.50 at least shorts WILL be burned