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

  • #103,781
  • Jul 24, 2008 10:47pm Jul 24, 2008 10:47pm
If the US Dollar goes up, does the G/J usally go up as well?? In other words does one tend to fallow the other???
  • #103,782
  • Jul 24, 2008 10:49pm Jul 24, 2008 10:49pm
Quoting Vfforexlee
Let me rephrase it: I should have held on to that short from 215 but I didn't because it was lying on .38 retracement.

.50 retracement will be the end of all short trades. Trust me on that.
Market will go where it wants to go.... all we can do is follow its movements
Use a system that works for YOU
  • #103,783
  • Jul 24, 2008 10:51pm Jul 24, 2008 10:51pm
Quoting PipLucky
If the US Dollar goes up, does the G/J usally go up as well?? In other words does one tend to fallow the other???
It may go up, or it may go down. Who knows, recently G/J has been going whereever it feels like regardless of what the USD is doing.
  • #103,784
  • Jul 24, 2008 10:55pm Jul 24, 2008 10:55pm
Quoting Vfforexlee
Let me rephrase it: I should have held on to that short from 215 but I didn't because it was lying on .38 retracement.

.50 retracement will be the end of all short trades. Trust me on that.


\Dont be suprised


Stocks Crushed After Existing Home Sales Hit 10-Year Low-
Jobless claims jump as housing market gets weaker

Ford, Daimler, Hyundai profits fall; Renault up -

oil prices stable now
Us economy is in shit

Carry trade unwinding,

THIS IS WHATU CALL A CAY UNWIND
  • #103,785
  • Jul 24, 2008 10:55pm Jul 24, 2008 10:55pm
Quoting Eulogy
It may go up, or it may go down. Who knows, recently G/J has been going whereever it feels like regardless of what the USD is doing.
yeah; I'm looking for some type of explaination to price movement, maybe just going for the ride would do better.
  • #103,786
  • Jul 24, 2008 10:56pm Jul 24, 2008 10:56pm
[


quote=tinaroel;2127592]Market will go where it wants to go.... all we can do is follow its movements [/quote]
  • #103,787
  • Jul 24, 2008 11:01pm Jul 24, 2008 11:01pm
Quoting PipLucky
yeah; I'm looking for some type of explaination to price movement, maybe just going for the ride would do better.
yup and less complicated as well....
Use a system that works for YOU
  • #103,788
  • Jul 24, 2008 11:01pm Jul 24, 2008 11:01pm
exit at 212,27
reenter at 43/52
  • #103,789
  • Jul 24, 2008 11:05pm Jul 24, 2008 11:05pm
am up 3% and london isnt even open yet.
i think we need a 1week range after this fall, i need to rest,
only 7hr sleep in 48hrs.
when shes movin i find it hard to sleep, i cant take my eyes of her, she disturbs me in my slleep lol
  • #103,790
  • Jul 24, 2008 11:06pm Jul 24, 2008 11:06pm
First target hit.
Next target 211m theis is what u call free fall.
  • #103,791
  • Jul 24, 2008 11:06pm Jul 24, 2008 11:06pm
Quoting malcolmb14
212.13 is my target now ..... move stop down to lock in some profits
no need to be greedy ... closed short for 212.16 ... time for bed
Blogging daily now at www.volume.zone
  • #103,792
  • Jul 24, 2008 11:08pm Jul 24, 2008 11:08pm
Quoting ephisi
am up 3% and london isnt even open yet.
i think we need a 1week range after this fall, i need to rest,
only 7hr sleep in 48hrs.
when shes movin i find it hard to sleep, i cant take my eyes of her, she disturbs me in my slleep lol
cmon it's almost Friday....and we know what can happen on Fridays

you can sleep all day on Saturday
Use a system that works for YOU
  • #103,793
  • Jul 24, 2008 11:08pm Jul 24, 2008 11:08pm
Quoting ephisi
am up 3% and london isnt even open yet.
i think we need a 1week range after this fall, i need to rest,
only 7hr sleep in 48hrs.
when shes movin i find it hard to sleep, i cant take my eyes of her, she disturbs me in my slleep lol
lack of sleep is my biggest problem with this business, I'm considuring a move to Asia, so that I'll be in the right time zone.
  • #103,794
  • Jul 24, 2008 11:15pm Jul 24, 2008 11:15pm
sayy hello to crude oil babae, shes heading for d skys.
i say crude oil above 130 befor NY close
  • #103,795
  • Jul 24, 2008 11:17pm Jul 24, 2008 11:17pm
Quoting PipLucky
lack of sleep is my biggest problem with this business, I'm considuring a move to Asia, so that I'll be in the right time zone.
DID SOMEONE SAY SLEEP?

That's all I do.
  • #103,796
  • Jul 24, 2008 11:23pm Jul 24, 2008 11:23pm
Quoting fourxtrader
DID SOMEONE SAY SLEEP?

That's all I do.
SLEEP??? what's that?
Use a system that works for YOU
  • #103,797
  • Jul 24, 2008 11:24pm Jul 24, 2008 11:24pm
I'm also considering about going to Italy or somewhere I can get the active part of foreign exchange market. But I can't, I'll miss my family here.
  • #103,798
  • Jul 24, 2008 11:26pm Jul 24, 2008 11:26pm
330 pips and counting....


i hope u guys never underestimate my crapper again...







Hussin..... i won't be coming on a plane to hawaii...... here's my ride!

Attached Image
  • #103,799
  • Jul 24, 2008 11:27pm Jul 24, 2008 11:27pm
Quoting fourxtrader
DID SOMEONE SAY SLEEP?

That's all I do.
Hey 4xtrader. You still occupying the dumpster? Must've been awfully nice of the council to provide you with a power point to plug in your laptop and modem within said dumpster. Where do you live. I must know the council that is so generous
  • #103,800
  • Jul 24, 2008 11:28pm Jul 24, 2008 11:28pm
Quoting lilmoe
330 pips and counting....


i hope u guys never underestimate my crapper again...







Hussin..... i won't be coming on a plane to hawaii...... here's my ride!

Attachment

Can that thing seat two?
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