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

  • #109,561
  • Sep 1, 2008 5:57pm Sep 1, 2008 5:57pm
out of 3/4 at 36 nice scalp to start the day.
Price does what price wants , I just need to be prepared.
  • #109,562
  • Sep 1, 2008 6:00pm Sep 1, 2008 6:00pm
Quoting ddblue
I was just reading an FX magazine here in Japan, and the Japanese take is that the carry trade is over - they advise people to give up on the rollover, and short anything involving the JPY - specifically the GY.

I picked up the only other FX magazine on the rack, and it had a similar article in it. So from the Japanese point of view, at least as far as the GY is concerned - yes, the carry trade is done for, at least until the end of this year.
not till the fat lady sings
  • #109,563
  • Sep 1, 2008 6:02pm Sep 1, 2008 6:02pm
We are due for a nice retracement if the news in Asia is bad..

FUN damental
[
  • #109,564
  • Sep 1, 2008 6:02pm Sep 1, 2008 6:02pm
anyway i think a 193 buy is a flush for a few hundred pips,
  • #109,565
  • Sep 1, 2008 6:06pm Sep 1, 2008 6:06pm
I like the bounce so far anyone eles long... This the target we have all been waiting on to buy from
Price does what price wants , I just need to be prepared.
  • #109,566
  • Sep 1, 2008 6:10pm Sep 1, 2008 6:10pm
Quoting Clouds
anyway i think a 193 buy is a flush for a few hundred pips,
both gold and oil or down, so I expect a big positive day in the US stock market tomorrow. We could possibly fill the gap sometime tomorrow. I am even long right now, and I am never long.
  • #109,567
  • Sep 1, 2008 6:10pm Sep 1, 2008 6:10pm
out the last 1/4 at 85 now wait for whats next
Price does what price wants , I just need to be prepared.
  • #109,568
  • Sep 1, 2008 6:11pm Sep 1, 2008 6:11pm
My short term target is 197.00 for retracement...

Strong support in 192.00 to 193.00 range for now...
[
  • #109,569
  • Sep 1, 2008 6:13pm Sep 1, 2008 6:13pm
Quoting Clouds
anyway i think a 193 buy is a flush for a few hundred pips,
Agreed. That last spike down looked like big boy manipulation on thin markets.
  • #109,570
  • Sep 1, 2008 6:16pm Sep 1, 2008 6:16pm
Quoting rgitt05
My short term target is 197.00 for retracement...

Strong support in 192.00 to 193.00 range for now...
Becareful playing gaps as the gbp/usd still has an open gap on sept the 7th 2007 daily gap down i think 35-50 pip gap never filled so just becareful thinking it has to fill I agree it probably will but just use caution!!!!
Price does what price wants , I just need to be prepared.
  • #109,571
  • Sep 1, 2008 6:18pm Sep 1, 2008 6:18pm
Quoting rgitt05
My short term target is 197.00 for retracement...

Strong support in 192.00 to 193.00 range for now...

short term and 207 should not be in the same sentence right now ... lol

lol... the first posting was 207 ... typo
Blogging daily now at www.volume.zone
  • #109,572
  • Sep 1, 2008 6:22pm Sep 1, 2008 6:22pm
Looking to get long again maybe new low by a few pips coming guys
Price does what price wants , I just need to be prepared.
  • #109,573
  • Sep 1, 2008 6:22pm Sep 1, 2008 6:22pm
I believe the gap will be filled tonite or NY time....



Quoting PJkiller
Becareful playing gaps as the gbp/usd still has an open gap on sept the 7th 2007 daily gap down i think 35-50 pip gap never filled so just becareful thinking it has to fill I agree it probably will but just use caution!!!!
[
  • #109,574
  • Sep 1, 2008 6:24pm Sep 1, 2008 6:24pm
by the way I am no longer short at all but just figured my short profit trade since the end of july $51,954.00 not to bad.
Price does what price wants , I just need to be prepared.
  • #109,575
  • Sep 1, 2008 6:24pm Sep 1, 2008 6:24pm
correction for short term target 197.00 Thanks..

Quoting malcolmb14
short term and 207 should not be in the same sentence right now ... lol

lol... the first posting was 207 ... typo
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  • #109,576
  • Sep 1, 2008 6:24pm Sep 1, 2008 6:24pm
Don't take your bermudas off quite yet!
The Only Constant Is Change!
  • #109,577
  • Sep 1, 2008 6:25pm Sep 1, 2008 6:25pm
Here comes the next push down.
{Some Profound Statement goes here}
  • #109,578
  • Sep 1, 2008 6:25pm Sep 1, 2008 6:25pm
One more round to...191.80...

Letīs look at a trailler...hehe!
''Art is making something out of nothing and selling it'' Frank Zappa
  • #109,579
  • Sep 1, 2008 6:25pm Sep 1, 2008 6:25pm
Quoting PJkiller
I like the bounce so far anyone eles long... This the target we have all been waiting on to buy from

this is one massive sell off going long ........... you got balls man
  • #109,580
  • Sep 1, 2008 6:27pm Sep 1, 2008 6:27pm
this is an INSANE market ..... and one that can kill accounts .. unless you are short off 215 ....

200 pip drops in minutes , followed by 100 pip retracements in minutes , followed 1`00 pip drop in minutes ...

this action is even scaring me. .....
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