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

  • #108,141
  • Aug 21, 2008 6:25am Aug 21, 2008 6:25am
Quoting lilmoe
if UJ and GJ today close at/below these levels, tomorrow is dooms day
Look @ that preassure on UY on 1H. If this holds 'till NY or NYSE opening.. then we might bounce HARD back to 110,50 [personally I don't think so]


oppssss.. here we goo
  • #108,142
  • Aug 21, 2008 6:26am Aug 21, 2008 6:26am
letsgo there
  • #108,143
  • Aug 21, 2008 6:33am Aug 21, 2008 6:33am
Quoting ephisi
letsgo there
lol
  • #108,144
  • Aug 21, 2008 6:39am Aug 21, 2008 6:39am
Lehman may mark down $61 billion worth of mortgage assets


http://www.reuters.com/article/blogB...pbz8uOa7TWsLnV
  • #108,145
  • Aug 21, 2008 6:41am Aug 21, 2008 6:41am
Great Job to guys there, Big up! I Think one of this day the next president on a particular country (name withheld) will be from a forex factory member.!! Contrary Opinion?
What goes up comes down, so always make Forex better than u met it.
  • #108,146
  • Aug 21, 2008 6:41am Aug 21, 2008 6:41am
Anyone adding more shorts could share adding levels plz.
The market can stay irrational, longer than you can stay solvent.
  • #108,147
  • Aug 21, 2008 6:44am Aug 21, 2008 6:44am
Quoting PipChick
lol
201.50ish
178
  • #108,148
  • Aug 21, 2008 6:50am Aug 21, 2008 6:50am
Quoting ephisi
201.50ish
178

nice, but we will have to wait a bit just a bit
  • #108,149
  • Aug 21, 2008 6:51am Aug 21, 2008 6:51am
This lloks like a free fall. My retraceent indicators dont work when there are freefalss. in fact no indicator works.\

it just oes down down down.
i hope dis is a free fall

El crapper
  • #108,150
  • Aug 21, 2008 6:59am Aug 21, 2008 6:59am
Quoting Piters
Lehman may mark down $61 billion worth of mortgage assets


http://www.reuters.com/article/blogB...pbz8uOa7TWsLnV

Any significant on the GJ trading? +ve or -ve?
What goes up comes down, so always make Forex better than u met it.
  • #108,151
  • Aug 21, 2008 7:06am Aug 21, 2008 7:06am
Quoting mustaji
Any significant on the GJ trading? +ve or -ve?
Negative
  • #108,152
  • Aug 21, 2008 7:06am Aug 21, 2008 7:06am
Quoting mustaji
Any significant on the GJ trading? +ve or -ve?
Because of FEAR for Freddie and Mac for gov. BailOut, it is expected that they are going to dump their Carry positions, Mean we are witnessing the begining of the Carry Unwind (if I am correct).

the post I posted yesterday:

Quoting Piters
Yen Rises as Fannie Mae, Freddie Mac Concern Damps Carry Trade Bloomberg - 2 hours ago

http://www.bloomberg.com/apps/news?p...FNI&refer=home
Mean, IF that's happened, we are going to see appreciation on YEN [short GY, EY, UY, AY.... Long Yen]
  • #108,153
  • Aug 21, 2008 7:08am Aug 21, 2008 7:08am
Quoting bmvmx
Anyone adding more shorts could share adding levels plz.
Anyone????

could 'UJ still bounce?
The market can stay irrational, longer than you can stay solvent.
  • #108,154
  • Aug 21, 2008 7:13am Aug 21, 2008 7:13am
look out traders geppy has 201.60/50 minor support ,therefore we need a breakout below this level for clearing the way to 200/199.90 level ,till then i hope you all the best luck and profits.
I always knew that someday I would make it big
  • #108,155
  • Aug 21, 2008 7:17am Aug 21, 2008 7:17am
Wait for a nice pull back to add, say 4hr 5sma/ 15min 50ema
  • #108,156
  • Aug 21, 2008 7:21am Aug 21, 2008 7:21am
Quoting ephisi
letsgo there
ephisi aw far. naija 4 life. u be my mentor. na ur post i dey always read. more grease to ur elbow. abeg were u put ur S.L and TP?
  • #108,157
  • Aug 21, 2008 7:24am Aug 21, 2008 7:24am
Lilmoe was right.
Patience + Humility + Study = Success
  • #108,158
  • Aug 21, 2008 7:25am Aug 21, 2008 7:25am
Quoting kinzu
ephisi aw far. naija 4 life. u be my mentor. na ur post i dey always read. more grease to ur elbow. abeg were u put ur S.L and TP?
speak. y stop loss is far far up. im waitng to take profit between 202 and 201.50. After which i will wait for a pull back/retracement to short again.
if u are in enuf profit already then put ur SL at +0
  • #108,159
  • Aug 21, 2008 7:28am Aug 21, 2008 7:28am
Quoting ephisi
speak. y stop loss is far far up. im waitng to take profit between 202 and 201.50. After which i will wait for a pull back/retracement to short again.
if u are in enuf profit already then put ur SL at +0
Thanks a lot man.
  • #108,160
  • Aug 21, 2008 7:31am Aug 21, 2008 7:31am
Quoting ephisi
Wait for a nice pull back to add, say 4hr 5sma/ 15min 50ema
Thanks Ephisi! waiting for a pb
The market can stay irrational, longer than you can stay solvent.
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