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

  • #68,701
  • Mar 16, 2008 5:09pm Mar 16, 2008 5:09pm
I closed most of my shorts. This thing is getting really stretched.
  • #68,702
  • Mar 16, 2008 5:10pm Mar 16, 2008 5:10pm
Quoting quecee5
I hope no one was long this pair. . .
This thing is tanking with no end in sight. . .
This will end with the world exploding and Jesus appearing on a cloud.
  • #68,703
  • Mar 16, 2008 5:12pm Mar 16, 2008 5:12pm
Quoting markam
I closed most of my shorts. This thing is getting really stretched.
I'll be walking if we don't head below 198 soon.

Update: 198.01... ohh here we go
  • #68,704
  • Mar 16, 2008 5:12pm Mar 16, 2008 5:12pm
Quoting JSmith
This will end with the world exploding and Jesus appearing on a cloud.
Amen.
  • #68,705
  • Mar 16, 2008 5:13pm Mar 16, 2008 5:13pm
Mann ..this is madness. gotta stop somewhere
But I love if it keeps coming ..
  • #68,706
  • Mar 16, 2008 5:14pm Mar 16, 2008 5:14pm
Imho this is a randevue:
2 weeks ago we saw a massive sell of at the end of the week, sunday beast opens lower and keeps falling another 250 pips, then finds a support and retraces to its 1st fib level.
What my imho sees now is support at 197,50,or about our lows, then consolidation and retracement to max 201-202, maybe rate cut will play its meaning this time, and after that continuation of the trend.....
If you do - don't be afraid, if you are afraid - don't do
  • #68,707
  • Mar 16, 2008 5:17pm Mar 16, 2008 5:17pm
Quoting markam
I closed most of my shorts. This thing is getting really stretched.
Me too .. good enough for today
  • #68,708
  • Mar 16, 2008 5:19pm Mar 16, 2008 5:19pm
Quoting koltri
Imho this is a randevue:
2 weeks ago we saw a massive sell of at the end of the week, sunday beast opens lower and keeps falling another 250 pips, then finds a support and retraces to its 1st fib level.
What my imho sees now is support at 197,50,or about our lows, then consolidation and retracement to max 201-202, maybe rate cut will play its meaning this time, and after that continuation of the trend.....
Yep... I will be calling it quits soon. Will short more at 202/205.
  • #68,709
  • Mar 16, 2008 5:19pm Mar 16, 2008 5:19pm
I wanted to short but my broker has 50 pip spread. That is insane. At one point the spread was 89. Looks like I get to take the day off. I'll have to wait till the smoke clears. It's obvious my broker is not going to let me make any money today.
  • #68,710
  • Mar 16, 2008 5:20pm Mar 16, 2008 5:20pm
anyone in here using mb trading? if so is your spread 50 pips? This is crazy. Cant trade that. lol
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #68,711
  • Mar 16, 2008 5:20pm Mar 16, 2008 5:20pm
Quoting JSmith
Isn't that what Mr. Yen said? Either way... I don't see an intervention until derivatives blow up or sometime in late April.

Still... We may see a bounce early this week.
It was a perception/prediction from many banks and traders around the world especially in Asia concluded to that level, as BOJ doesn't do much even UJ has already reached 100 level.
  • #68,712
  • Mar 16, 2008 5:21pm Mar 16, 2008 5:21pm
Quoting JSmith
Yep... I will be calling it quits soon. Will short more at 202/205.
really hard to see it at 205, i mean nothing logical, except the lovely retracement which will end far below it...
If you do - don't be afraid, if you are afraid - don't do
  • #68,713
  • Mar 16, 2008 5:21pm Mar 16, 2008 5:21pm
also, i have got 6 vouiches for 1k status and my symbol is gone. has the requirements changed?
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #68,714
  • Mar 16, 2008 5:21pm Mar 16, 2008 5:21pm
Sometimes the spread drops to 10 but then it shoots back up and your way negative like instantly
  • #68,715
  • Mar 16, 2008 5:22pm Mar 16, 2008 5:22pm
Quoting moneymagnet
anyone in here using mb trading? if so is your spread 50 pips? This is crazy. Cant trade that. lol
I see 12 on gbp/jpy, 4 times more than normal, but fine
If you do - don't be afraid, if you are afraid - don't do
  • #68,716
  • Mar 16, 2008 5:23pm Mar 16, 2008 5:23pm
Quoting koltri
really hard to see it at 205, i mean nothing logical, except the lovely retracement which will end far below it...
You're right... 202 was my low end but I will have to adjust in light of how quickly things have been unwinding.
  • #68,717
  • Mar 16, 2008 5:24pm Mar 16, 2008 5:24pm
Quoting moneymagnet
anyone in here using mb trading? if so is your spread 50 pips? This is crazy. Cant trade that. lol


That's my broker. Like I said, take the day off.
  • #68,718
  • Mar 16, 2008 5:24pm Mar 16, 2008 5:24pm
Quoting koltri
I see 12 on gbp/jpy, 4 times more than normal, but fine
thx
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #68,719
  • Mar 16, 2008 5:26pm Mar 16, 2008 5:26pm
huge gap !
198.00
  • #68,720
  • Mar 16, 2008 5:27pm Mar 16, 2008 5:27pm
Quoting moneymagnet
also, i have got 6 vouiches for 1k status and my symbol is gone. has the requirements changed?
your still a 1k guy. They changed it so it only shows on your profile
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