i'll be looking to short again gj pair
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- #7,603
- Feb 19, 2008 8:12pm Feb 19, 2008 8:12pm
i'll be looking to short again gj pair
Have almost the same drawing compare to your chart. Bearish day for GJ but wednesday is always swap taking day for pair like GJ, many will go long later so beware. I will set PO short at 210.35 SL 210.70 TP 208.90.Good luck.
Monthly Profit & Lost :-
May - +85 pips
- #7,606
- Feb 19, 2008 8:30pm Feb 19, 2008 8:30pm
As for NU, i did mention yesterday night, that it reach the peak. Was suggesting to go short after 0.8000 and woala... it going bear now, i think more bear to come. We could see 0.7800 in 1-2 weeks time. Those who went short yesterday night congratz! 
Monthly Profit & Lost :-
May - +85 pips
- #7,607
- Feb 19, 2008 8:40pm Feb 19, 2008 8:40pm
what do you think about news gbp for today....how the effect of the news ( i mean the points will be going after te news )
More trouble for UK. That is what i see. UK is facing the risk of inflation and downtrend in economy. They already had 2 rate cut this year and i believe another one is coming soon. Affected by the subprime mortgage market in US. Besides that, they are facing their own financial crisis such as the latest Northern Rock issue being nationalize. They are also facing housing slump, and its the worst since its recession in 1992.
Overall, UK is nothing better than USA. I could see at GU going down to 1.89 mark at the 4th quater of 2008.
Monthly Profit & Lost :-
May - +85 pips
- #7,610
- Feb 19, 2008 8:51pm Feb 19, 2008 8:51pm
(RTTNews) - The yen fell sharply against most of its major counterparts around 9:40 pm ET Tuesday. As of now, the yen is worth 210.47 versus the pound, 108.07 against the dollar and 159.11 per euro.For comments and feedback: contact [email protected]opyright(c) 2008 RealTimeTraders.com, Inc. All Rights Reserved
Thats the reason.
Thats the reason.
Monthly Profit & Lost :-
May - +85 pips
- #7,611
- Feb 19, 2008 8:55pm Feb 19, 2008 8:55pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Good Morning Malaysia, 
The price been following the white line (I drawn yesterday) the whole night through out US session. Now only it breaking UP during this Asian Session. It will tumble down again during UK Session if the vote for rate gonna be cut 9-0.
The price been following the white line (I drawn yesterday) the whole night through out US session. Now only it breaking UP during this Asian Session. It will tumble down again during UK Session if the vote for rate gonna be cut 9-0.
- #7,612
- Feb 19, 2008 8:58pm Feb 19, 2008 8:58pm
I found no bad news for JPY as the minutes of their meeting already being released since 800am in the morning. I think must be some big player trying to gain quick profit. It just speculation from me. I really cannot find any reason for this. Minutes of meeting was not bad at all. I wonder why....GJ is the beast of forex...TRADE WITH CARE. Make sure your SL is in.
I think must be some big player trying to gain quick profit. It just speculation from me. I really cannot find any reason for this. Minutes of meeting was not bad at all. I wonder why....GJ is the beast of forex...TRADE WITH CARE. Make sure your SL is in. Monthly Profit & Lost :-
May - +85 pips
- #7,614
- Feb 19, 2008 9:01pm Feb 19, 2008 9:01pm
Good Morning Malaysia,
The price been following the white line (I drawn yesterday) the whole night through out US session. Now only it breaking UP during this Asian Session. It will tumble down again during UK Session if the vote for rate gonna be cut 9-0.
Monthly Profit & Lost :-
May - +85 pips
- #7,615
- Feb 19, 2008 9:04pm Feb 19, 2008 9:04pm
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
- #7,618
- Feb 19, 2008 9:16pm Feb 19, 2008 9:16pm
- Joined Oct 2007 | Status: Trader | 6,522 Posts
Hi morning , crazy move in geppy sham. You find any reason? I will understand if its UK or USA session but now its like asian session. Asian has the power to move the market now? Lee Kah Sheng or Uncle Lim Goh Thong?
How about Asian Stocks... NIKKEI? - #7,619
- Feb 19, 2008 9:17pm Feb 19, 2008 9:17pm
- Joined Nov 2007 | Status: Trader | 1,158 Posts
hi guys my personal preview...i see Gj have a break a good resistance today 210.50....at H1 chart...my opinion...Gj prefer to break weekly..high..211.66...
my critical price Gj strong bull can see at price 211.00 just my 2 cent..So i'm vote.. Gj bull Today...
my critical price Gj strong bull can see at price 211.00 just my 2 cent..So i'm vote.. Gj bull Today... 
- #7,620
- Feb 19, 2008 9:21pm Feb 19, 2008 9:21pm
I wonder why....GJ is the beast of forex...TRADE WITH CARE. Make sure your SL is in.[/quote]
savant, to trade GJ you have to attend and observe the price momentum. better off to have a mental stop loss instead of a fixed limit as 50 pips in 10 mins have a totally different meaning than 50 pips in 1 hr. really need split second decision though.
Make sure your SL is in.[/quote]savant, to trade GJ you have to attend and observe the price momentum. better off to have a mental stop loss instead of a fixed limit as 50 pips in 10 mins have a totally different meaning than 50 pips in 1 hr. really need split second decision though.