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

  • #126,441
  • Oct 26, 2008 4:38pm Oct 26, 2008 4:38pm
Quoting pkimnyc
relaxing. thanks. how was yours?
i was yabbin friday that i'm gonna sell at m30's 50ema, but since i didn't want to leave anything out over the weekend i didn't. u can say i'm regretting the crap out of it now after seeing that 400 pip gap.
  • #126,442
  • Oct 26, 2008 4:41pm Oct 26, 2008 4:41pm
Does anyone notice that right now the cost per pip for GJ is more than $1 if it's mini lot. It used to be $0.9 something... maybe due to its devaluation state ..
  • #126,443
  • Oct 26, 2008 4:45pm Oct 26, 2008 4:45pm
Quoting lilmoe
i was yabbin friday that i'm gonna sell at m30's 50ema, but since i didn't want to leave anything out over the weekend i didn't. u can say i'm regretting the crap out of it now after seeing that 400 pip gap.
yeah.....same here. Then again....i've gotton burned on that more times then it working in my favor!!!

I actually managed to close my open long on friday just a couple minutes before my broker closed for the weekend. Got distracted reading on the forum....looked down saw the clock and was like "WHOA.."
--post hoc ergo propter hoc--
  • #126,444
  • Oct 26, 2008 4:48pm Oct 26, 2008 4:48pm
Quoting mktjong
Does anyone notice that right now the cost per pip for GJ is more than $1 if it's mini lot. It used to be $0.9 something... maybe due to its devaluation state ..

dude, i've been yelling all about it last week.... i really didn't expect u'd be ignoring my posts

the lower we go the more it is.

currently at $10.82/pip/lot
  • #126,445
  • Oct 26, 2008 4:48pm Oct 26, 2008 4:48pm
Quoting lilmoe
yes i know tariq, on the way to tabarboor.

i'm already drinking a 5 liter cup of coffee

hope everyone does their best in trading!!!

i see orion thinks 66 for UJ, where the hell would that put GJ?
Can't happen. Toyota, Nissan and Honda would be out of business, and Japan would be in shambles.

BOJ would print yen by the hundreds of trillions and crash the yen. Remember, you can always make your currency weaker if you are desperate enough.
  • #126,446
  • Oct 26, 2008 4:48pm Oct 26, 2008 4:48pm
I believe this whole thing is about making lb eur parity or above

about 20+ cents to go in chunnel so deflating the pound a must
maybe 1.35 area gpb/usd which prolly put lb yen around 100 or lower

Not sure how japan can survive with such a hi yen relying on 100% exports and 100% import of resources. Maybe the commodity bubble has burst forever and everything cheap from now on because its the only way they could flourish and gain inflation which i believe its their time to pay that price.
"Millionaires don't use astrology, billionaires do"
  • #126,447
  • Oct 26, 2008 4:49pm Oct 26, 2008 4:49pm
any one is going short here?
  • #126,448
  • Oct 26, 2008 4:50pm Oct 26, 2008 4:50pm
cute 5m chart.... i'll wait before i trade. too much gappin going on.

Attached Image (click to enlarge)
Click to Enlarge Name: gj_5m_gap.gif Size: 11 KB
  • #126,449
  • Oct 26, 2008 4:50pm Oct 26, 2008 4:50pm
Quoting lilmoe
dude, i've been yelling all about it last week.... i really didn't expect u'd be ignoring my posts

the lower we go the more it is.

currently at $10.82/pip/lot
Oh yeah .. I didn't see your post ..sorry.. too many posts already even in one hour time frame. I usually just jump to the last page if I get back to this forum..
  • #126,450
  • Oct 26, 2008 4:53pm Oct 26, 2008 4:53pm
Quoting lilmoe
i was yabbin friday that i'm gonna sell at m30's 50ema, but since i didn't want to leave anything out over the weekend i didn't. u can say i'm regretting the crap out of it now after seeing that 400 pip gap.
i left the positions open over the weekend. i gotta remember not to do that again in the future though. don't think it's a smart move.
  • #126,451
  • Oct 26, 2008 4:53pm Oct 26, 2008 4:53pm
Quoting pepsi
any one is going short here?
I wouldn't jump in just yet.
  • #126,452
  • Oct 26, 2008 4:53pm Oct 26, 2008 4:53pm
Quoting lilmoe
cute 5m chart.... i'll wait before i trade. too much gappin going on.

Attachment
  • #126,453
  • Oct 26, 2008 4:55pm Oct 26, 2008 4:55pm
Quoting markam
Can't happen. Toyota, Nissan and Honda would be out of business, and Japan would be in shambles.

BOJ would print yen by the hundreds of trillions and crash the yen. Remember, you can always make your currency weaker if you are desperate enough.
yea, i've always thought the japanese won't let that happen. export is their bread and butter.
  • #126,454
  • Oct 26, 2008 4:57pm Oct 26, 2008 4:57pm
Quoting pepsi
any one is going short here?
been shorting
  • #126,455
  • Oct 26, 2008 4:58pm Oct 26, 2008 4:58pm
Quoting Petefaders
I wouldn't jump in just yet.
agree.
  • #126,456
  • Oct 26, 2008 5:02pm Oct 26, 2008 5:02pm
Quoting pkimnyc
agree.



Left position open from friday..Closed at 150.21 on IBFX....Pretty good start for the week
  • #126,457
  • Oct 26, 2008 5:04pm Oct 26, 2008 5:04pm
Quoting alsup1955
Left position open from friday..Closed at 150.21 on IBFX....Pretty good start for the week
  • #126,458
  • Oct 26, 2008 5:05pm Oct 26, 2008 5:05pm
Quoting alsup1955
Left position open from friday..Closed at 150.21 on IBFX....Pretty good start for the week
stunning.
FUBAR...
  • #126,459
  • Oct 26, 2008 5:05pm Oct 26, 2008 5:05pm
Spooky 5m charts
Attached Image (click to enlarge)
Click to Enlarge Name: spooky.jpg Size: 144 KB
  • #126,460
  • Oct 26, 2008 5:07pm Oct 26, 2008 5:07pm
Quoting ak4x
stunning.

I would call it going with the trend
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