Auslanco - GBP/JPY and GBP/USD (newstrade)

Quoting mktjong

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I had the same feeling, but always say to myself there is always another opportunity. This market is not gonna go away. I should rather be thankful 'coz I make profit instead of losing. I try to learn to be content
Moreover, it's better if daily goal is already met. Regardless of hundred more pips I would get if staying in the market. Otherwise greed is coming and it isn't gonna be good

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Quoting markam

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The US dollar has historically been the safest currency in the world, and the one most likely to retain value. As a result, during turbulent times, people have moved their assets into dollars and dollar-denominated securities (such as treasury bonds).

This characteristic is still in effect to a degree, hence the strenghtening of the dollar over the last few weeks. However, the federal government has let our financial house get so out of order that the days of the dollar being the safe currency are almost over. Peak oil, the ongoing economic collapse, and the exponential growth of world currencies are going to hit the dollar even more than other currencies, and I believe the dollar is going to drop a lot very soon (within the next year).

Of course, I also believe that we are going to see the end of the 35 year world experiment in fiat currencies, and we are going to see a merger in currencies and a return to currencies backed by something (almost certainly gold). This will probably occur in the next 5-10 years, and will basically put an end to currency trading.

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Quoting karmostaji

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I've been here so many times, it's like my 2nd home LOL

I like the weather, and change is good

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Quoting markam

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greed is good

http://farm2.static.flickr.com/1285/...4a581124_o.jpg

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Quoting rabinh

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sorry but you realy think that gold (or any other metal) can be the base for global economy again?
the daily bussiness turnover of todays world is so many times bigger then the world 30-40 years ago that you just don't have enough gold to serve as back for any economy.
It is a crisis (not so big), but no way the global economy go back, it is not practical.

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Quoting I.Y.I

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Isn't that a retracement to 30min 5sma first?

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Quoting maheswara

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wat was that dip ??

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Quoting emda

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that was to fool everyone who thinks that knows to trade forex

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Quoting maheswara

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wat was that dip ??

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Quoting moflow

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USD/JPY seen bouncing at the DLY FIB 50%

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