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

  • #68,261
  • Mar 14, 2008 9:08am Mar 14, 2008 9:08am
Wow what the heck is going on with this thing today! Missed my pending long at 202.71 but 3 pips, 3 pips! hahahah. I guess this market is not for the faint heart!
  • #68,262
  • Mar 14, 2008 9:10am Mar 14, 2008 9:10am
Quoting Pirin
Actually time is money, and wasting it by not trading you lose money as well...
you gotta be kidding
  • #68,263
  • Mar 14, 2008 9:12am Mar 14, 2008 9:12am
There is talk about an emergency Fed rate cut !
  • #68,264
  • Mar 14, 2008 9:13am Mar 14, 2008 9:13am
Quoting forexian
Good day all,

Bad CPI number means less inflationary pressure, and this eases the FED worries regarding inflation that might prevent them from further rate cuts. This usually gives a positive sign for the equity market, and the stocks start to rally, increasing the demand for the US dollar (to buy stocks), which usually strengthens U/J, and this will of course strengthens the beast (G/J) by pushing the value of the Yen down.

wrong .. sorry

interest rate hikes make markets drop as treasury bonds look better.

Most borrow money and are on margin to trade in stock market , they want the intersst to work for them not aginast them.

Hence 440 point drop in dj
Blogging daily now at www.volume.zone
  • #68,265
  • Mar 14, 2008 9:13am Mar 14, 2008 9:13am
There are plenty of opportunities to make pips down the road. Why would i want to trade chop?
  • #68,266
  • Mar 14, 2008 9:13am Mar 14, 2008 9:13am
Quoting Pirin
Actually time is money, and wasting it by not trading you lose money as well...

today there is no rules to trade , when u miss rules the possibility to lose more than to win , so to stay away is to save what u risk to lose .. its your gain
  • #68,267
  • Mar 14, 2008 9:14am Mar 14, 2008 9:14am
with 203.13 broken once its 202.24 for me
  • #68,268
  • Mar 14, 2008 9:15am Mar 14, 2008 9:15am
Quoting forexian
There is talk about an emergency Fed rate cut !
Why is that ? Can't they wait until Tuesday
  • #68,269
  • Mar 14, 2008 9:15am Mar 14, 2008 9:15am
watch out guyz for 1.5675area a nice turning point and could take the gold all the way down by a 1000pips to 990.50area watch out...g/j is paying off and the 4hrly should bring the finishing decision
Imanuel Parsifal
  • #68,270
  • Mar 14, 2008 9:15am Mar 14, 2008 9:15am
Quoting ovaforty
There are plenty of opportunities to make pips down the road. Why would i want to trade chop?
lool ova u r gr8 man , lets sit aways and laugh
  • #68,271
  • Mar 14, 2008 9:16am Mar 14, 2008 9:16am
Quoting ovaforty
There are plenty of opportunities to make pips down the road. Why would i want to trade chop?

very true .. crazy market . wait for it to settle

Us day traders are loving it, like trading an accelrated daily chart on the 1 minutem, ym 440 points baby .... and loving it.
Blogging daily now at www.volume.zone
  • #68,272
  • Mar 14, 2008 9:17am Mar 14, 2008 9:17am
Quoting sycho
watch out guyz for 1.5675area a nice turning point and could take the gold all the way down by a 1000pips to 990.50area watch out...g/j is paying off and the 4hrly should bring the finishing decision

u think short for gold?
  • #68,273
  • Mar 14, 2008 9:17am Mar 14, 2008 9:17am
Quoting ovaforty
you gotta be kidding
Of course I am kidding
  • #68,274
  • Mar 14, 2008 9:18am Mar 14, 2008 9:18am
Its very much possible that the FED"s might cut rate before the meeting and its also possible the the central govt's of the world will intervene and buy up dollars thus bringing UJ and GJ up with it in the next week or so IMO. Lookout for GJ and UJ to soar in the coming days.
  • #68,275
  • Mar 14, 2008 9:18am Mar 14, 2008 9:18am
plz if you dont have an opened position alread on g/j,e/u or gold.i know the volatility right now is tempting to jump in but just hold the trigger back a little
Imanuel Parsifal
  • #68,276
  • Mar 14, 2008 9:19am Mar 14, 2008 9:19am
Quoting malcolmb14
very true .. crazy market . wait for it to settle

Us day traders are loving it, like trading an accelrated daily chart on the 1 minutem, ym 440 points baby .... and loving it.
congrats, malcolmb
  • #68,277
  • Mar 14, 2008 9:21am Mar 14, 2008 9:21am
Quoting sycho
plz if you dont have an opened position alread on g/j,e/u or gold.i know the volatility right now is tempting to jump in but just hold the trigger back a little
no am not trading today bro withthis crazy market but i would like to know the gold move aswell
  • #68,278
  • Mar 14, 2008 9:22am Mar 14, 2008 9:22am
More records were broken today, for the first time in history, USD/CHF went under parity for a short time (0.9987) !!
  • #68,279
  • Mar 14, 2008 9:22am Mar 14, 2008 9:22am
Quoting warta
u think short for gold?
yeah but wait for e/u to fail closing above 1.5674area before going in on the hrly..the revers is the case if it closes above that area on the hrly
Imanuel Parsifal
  • #68,280
  • Mar 14, 2008 9:24am Mar 14, 2008 9:24am
Quoting sycho
yeah but wait for e/u to fail closing above 1.5674area before going in on the hrly..the revers is the case if it closes above that area on the hrly
lol new record for the gold 1.00200
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