haven't see such a spike in quite some time. oh well...
Nihil Sine Deo.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #77,821
- May 2, 2008 7:37am May 2, 2008 7:37am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
Nihil Sine Deo.
- #77,822
- May 2, 2008 7:37am May 2, 2008 7:37am
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Patience + Humility + Study = Success
- #77,827
- May 2, 2008 7:42am May 2, 2008 7:42am
- | Joined Mar 2008 | Status: Sniper | 1,001 Posts
Short @ 209 
Money & Pain
Respect the market, protect your capital, be patient
- #77,828
- May 2, 2008 7:43am May 2, 2008 7:43am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- #77,832
- May 2, 2008 7:47am May 2, 2008 7:47am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
Short @ 209
- #77,833
- May 2, 2008 7:47am May 2, 2008 7:47am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
short 208.95
Short @ 209
- #77,834
- May 2, 2008 7:50am May 2, 2008 7:50am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
short 208.95
i know i know, i said i won't trade the news, but hey, i think i forgat that sell limit order i had
:
- #77,836
- May 2, 2008 7:54am May 2, 2008 7:54am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
i know i know, i said i won't trade the news, but hey, i think i forgat that sell limit order i had
.....Monday will 204
- #77,837
- May 2, 2008 7:55am May 2, 2008 7:55am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
it's a risky trade with a very very very tight SL
Why you people selling if there is still room to go upside?
- #77,838
- May 2, 2008 7:55am May 2, 2008 7:55am
- Joined Aug 2007 | Status: Jamaica | 1,069 Posts
Why you people selling if there is still room to go upside?
- #77,839
- Edited 7:58am May 2, 2008 7:56am | Edited 7:58am
Short @ 209
I haven't been doing as much trading this past month as I'm finding it harder to get a bead on market sentiment...before mid March I knew that the market would be surprised at how bad the news was going to be, and trading the geppy was easy...now...sheesh. (i.e. I was too gutless to take a short at 209...which looking at my chart was probably a bad move.)
Anyhow, some seriously interesting anecdotes coming out of the new build housing market in the UK during the past couple of weeks. Some of the bigger builders appear to be desperate to drop prices where they believe they have committed buyers. One case I know of - couple offered 320 for a house listed by the builder at 375...they had trouble selling one of their homes for 160, so builder knocked another 40k off to take the price to 280k. This would have been unheard of a couple of months ago.
