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

Hey Boy, I guess you got it all figured out??? Idiot!

America's future

http://pics.livejournal.com/cid_yama...1srcs/s320x240
A German woman feeding a stove with currency notes, which burn longer than the amount of firewood they can buy.

Unfortunately, we will only have hyperinflated digital money, so we won't even be able to burn it.

Mark,are you short already or you are staying away for a while?

hey markham, r u short? if so from where?

moved my SL in profit on my short trade, will keep it running till london open and see what might happen next

maybe it a bit early but i went short at 233.24

i'm short with you.

TIC Data Shocker and the implications for Traders
With so much inflation, growth, and Fed rumors running around, the TIC release may have gone unnoticed by many Traders if it had not missed by so wide a margin. Economists, however, will always keep an eye on this number as the U.S. Trade Balance and Current Account deficits continues to grow.

Current estimates call for roughly 2 billion dollars of TIC inflows each business day in order to sustain the Trade deficit, and equal out the Current Account balance. This release was expected to easily eclipse those figures due to a flight to quality (purchase of U.S. Treasury Notes by foreign banks) observed as a result of the collapse of the carry trade and the “credit crunch.”

US Treasury Notes can only be bought in $’s, therefore a strong TIC Data read normally increases the value of the currency, it is however a lagging indicator, the $ transactions have already been made.

Few expected the net flow of investment into the US last month to fall dramatically, this is the biggest one month decline seen in this report; from $100b to only $19b.

Without overseas money buying US based assets the Current Account can't be easily financed at it's bloated levels. The Fed will hope that this is just a blip when looked at on an overall basis, but if any kind of pattern is formed here the US economy could be in real trouble of not being able to finance its debt.

The countries with excess cash, or positive Current accounts have historically been buying US Treasuries, or Government debt, as it has always been deemed as safe, and also pays out close to 5% interest. This report may indicate, if it follows the same pattern next month, that those countries are looking elsewhere to park their investments. Maybe China has found its own way to combat possible trade sanctions from the US; stop buying US debt.

If it were not for the FOMC later today the $ Index would probably be collapsing under the weight of this read. We've been all over this for weeks now, linking Technical trading with Fundamental reviews, it is working, feel free to pay us a visit and see.
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check this out:

http://img.dailymail.co.uk/i/pix/200...09_468x356.jpg

I'm short from 233.89. I stay short and see how the world reacts to America proving we care nothing about protecting the value of our currency and that we are going to make the trillions in US debt instruments they hold worthless.

When GJ starts north, I will just wait patiently for the stock market to collapse as soon as it sets a new record.

you are so positive. lol

short at 233.47

Hey mate,

I saw your running Pipboxer v.2.05. I do myself, I was wondering if you have come up with another way to take more profit from the AUDUSD EA? It seems to always give a good entry and run for 80 - 100 pips then retrace to BE. I have been taking profit usually when I get up which is 7am Sydney Time approx. And as a rule that seems to be working well. Wondering if you just let it run its course or trail it by any chance???

Graeme

good night my buddies
see you tomorrow
have a full of pips trades

You noticed?

mrning everyone
long got stopped at 233.30 -by trailing stop
missed good entry for short--will wait a while

Mark,i've asked you before.Why do you think are happening the whole things with the the depreciating currencys?

Morning mate, I don't understand why this is going down.. if it's a retrace, yes.. but I can't comprehend why a retrace on this pair should go 200 pips.. especially after the 50 point cut.

true bro--but lets just trade what we see on the charts
even if u get 50 pips--take it

short 233.12