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

  • #117,601
  • Sep 28, 2008 12:48pm Sep 28, 2008 12:48pm
Quoting cancunkev
LOL, I guess I was late to the party

No way are these prices accurate as the GB and UJ prices haven't moved
I also noticed that but most yen crosses are down which means yen getting strong.
  • #117,602
  • Sep 28, 2008 12:51pm Sep 28, 2008 12:51pm
EUR/JPY @ 150.65 (more than 400 pips down)
CHF/JPY @ 94.767 (more than 200 pips down)
  • #117,603
  • Sep 28, 2008 12:55pm Sep 28, 2008 12:55pm
Quoting FXObserver
Yup, i know but i hope i can still get some profit.
Btw, how far you think this pair will go south?
This is a very big gap indeed.
this depends, if the yellow trendline holds, or not

But 200 or 203 is not impossible, before we see new lows.
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  • #117,604
  • Sep 28, 2008 12:55pm Sep 28, 2008 12:55pm
From the same site;

UJ * GU = 195.46

Seems like somethings up to me...for this price and the prices of EJ and CJ to be accurate UJ needs to fall approx. 150 to 200 pips
  • #117,605
  • Sep 28, 2008 12:57pm Sep 28, 2008 12:57pm
I'm going to pee myself with joy if the gap opens around 190!!!

b
  • #117,606
  • Sep 28, 2008 12:58pm Sep 28, 2008 12:58pm
Quoting peaches
this depends, if the yellow trendline holds, or not

But 200 or 203 is not impossible, before we see new lows.
Thanks, im thinking the 180 psych lvl but this must retrace first or prolly fill the gap before going down again.
  • #117,607
  • Sep 28, 2008 1:01pm Sep 28, 2008 1:01pm
Quoting malcolmb14
only 250 million ...... markets may not like this at all , which is showing up in gj premarket.
thats 250 BILLION available immmediately .. big difference there ..
  • #117,608
  • Sep 28, 2008 1:03pm Sep 28, 2008 1:03pm
has it moving back up now,its back up to 195.13 ... it was much lower earlier ..
  • #117,609
  • Sep 28, 2008 1:03pm Sep 28, 2008 1:03pm
and moving up fast ...
  • #117,610
  • Sep 28, 2008 1:04pm Sep 28, 2008 1:04pm
Quoting forex_newguy
has it moving back up now,its back up to 195.13 ... it was much lower earlier ..

Hi, where do you see this?
  • #117,611
  • Sep 28, 2008 1:06pm Sep 28, 2008 1:06pm
Quoting forex_newguy
has it moving back up now,its back up to 195.13 ... it was much lower earlier ..
Hmmm, i think it's still the price last week.
Try to look at this: http://www.forex-markets.com/quotes.htm
  • #117,612
  • Sep 28, 2008 1:07pm Sep 28, 2008 1:07pm
xe.com is all over the map with g/j up down ,, this will be an interesting open ..

250 bill is alot .. especially with an additional 100bil guarenteed .. and another 350 bil after another act by congress .. not sure how the market will react, but the reality is once congress gets involved its gonna be in for a penny in for a pound .. thats always how the us gov is .. if it costs 2 trill to save this thing they will spend it ..
  • #117,613
  • Sep 28, 2008 1:08pm Sep 28, 2008 1:08pm
Quoting FXObserver
Hmmm, i think it's still the price last week.
Try to look at this: http://www.forex-markets.com/quotes.htm
xe.com is always much more realible ..
  • #117,614
  • Sep 28, 2008 1:09pm Sep 28, 2008 1:09pm
Quoting fxinthesun
Hi, where do you see this?
xe.com ...
  • #117,615
  • Sep 28, 2008 1:13pm Sep 28, 2008 1:13pm
Quoting forex_newguy
xe.com is always much more realible ..
Not really sure which one is accurate but as long as im getting some pips, it doesn't matter
  • #117,616
  • Sep 28, 2008 1:13pm Sep 28, 2008 1:13pm
Quoting forex_newguy
xe.com ...

Ok, so the market price is really 195.348 now on G/J
  • #117,617
  • Sep 28, 2008 1:14pm Sep 28, 2008 1:14pm
www.xe.com never even dipped lower than the 194.90 area. In my experience xe.com is not reliable till the major markets/brokers open. Remember their main business is selling currency so their rates over the weekend can be looked at as a hedge on their currency sales.

On that note I am not sure if forex-markets.com quotes are any more reliable, but it does seem odd the difference is so large.
  • #117,618
  • Sep 28, 2008 1:17pm Sep 28, 2008 1:17pm
Quoting fxinthesun
Ok, so the market price is really 195.348 now on G/J
i dont know. LOL right now xe.com says 195.02 .. but its been moving all over the place .. i guess wer really not going to know till it opens .. i just remember the last few weekends .. the http://www.forex-markets.com/quotes.htm site was wrong on the open everytime .. maybe this time it will be right who knows ....
  • #117,619
  • Sep 28, 2008 1:18pm Sep 28, 2008 1:18pm
Quoting forex_newguy
thats 250 BILLION available immmediately .. big difference there ..

I think market expecting 750 billion immediately.....big difference
Blogging daily now at www.volume.zone
  • #117,620
  • Sep 28, 2008 1:18pm Sep 28, 2008 1:18pm
Quoting cancunkev
www.xe.com never even dipped lower than the 194.90 area. In my experience xe.com is not reliable till the major markets/brokers open. Remember their main business is selling currency so their rates over the weekend can be looked at as a hedge on their currency sales.

On that note I am not sure if forex-markets.com quotes are any more reliable, but it does seem odd the difference is so large.
xe.com is used by major major big boys for weekend transactions .. i would trust it much more the the other site .. but thats just my opinion ..
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