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- VEC replied Jun 24, 2008
the only entity i can think of, dumb enough to go long here, is centralbanks. so i guess this have to be intervention.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- VEC replied Jun 12, 2008
looks good, but that short gold trade, are you gonna keep it?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- VEC replied Jun 12, 2008
haha, very diplomatic! very good! you shloud be the new head of treasury
Auslanco - GBP/JPY and GBP/USD (newstrade)
- VEC replied Jun 12, 2008
my theory is that once you have both dow/s&p and carrycrosses at heavy resistance, then turning down, the correlation will continue. they are sort of "out of synch" what do you think about that? by the way, dow and S&P looks like they are gonna sell ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- VEC replied Jun 12, 2008
i feel its more like pacman: panic, back and forth, reverse, chase, get chased thats good trading, textbook exampel
Auslanco - GBP/JPY and GBP/USD (newstrade)
- VEC replied Jun 12, 2008
ive been observing similar things for a long time now, and i belive that may be the case also see what appear to be huge daily wedge forming in eur/jpy
Auslanco - GBP/JPY and GBP/USD (newstrade)
- VEC replied Jun 12, 2008
listend to benjamin fulford yet, have you? hihihi
Auslanco - GBP/JPY and GBP/USD (newstrade)
- VEC replied Jun 12, 2008
im not trading short term, ive been moving back and forth between the size of my shorts for iŽd say around 6month now. it was just a litte short term observation
Auslanco - GBP/JPY and GBP/USD (newstrade)
- VEC replied Jun 12, 2008
15min why would it mean nothing?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- VEC replied Jun 12, 2008
it looks to me like the triangle is broken to the downside whats your take on how i have drawn those blue lines?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- VEC replied Jun 12, 2008
perhaps, i just dont see the H&S.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- VEC replied Jun 12, 2008
h&s are reversalsignals. thereŽs no h&s bearish reversal as far as i can see. i would be very very carefull about short gold right now
Auslanco - GBP/JPY and GBP/USD (newstrade)
- VEC replied Jun 12, 2008
i know this is a gbpjpy-thread but other yen-pairs can offer clues as you know. it seems like EJ is in the process of forming a wedge. a dip from here to test the bottom of the wedge and the top line of the bullish triangle seems plausible, perhaps ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- VEC replied Jun 11, 2008
thats one heck of a gamble, they all seem likely to me right now.. except C, with all this israel talk about attacking iran, i wouldnt be surprised to see oil go from our moon to jupiters moon.
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- VEC replied Jun 11, 2008
agree on that, especially now that "the bottom is in"
Auslanco - GBP/JPY and GBP/USD (newstrade)
- VEC replied Jun 11, 2008
the bummer is that markets can be crazy for a long time, so dont sell to muck to early
Auslanco - GBP/JPY and GBP/USD (newstrade)
- VEC replied Jun 11, 2008
its going below 10,400 i guess some of you are regarding me as a madman by now?
Auslanco - GBP/JPY and GBP/USD (newstrade)