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

  • #126,461
  • Oct 26, 2008 5:08pm Oct 26, 2008 5:08pm
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.

well, 66 for U/J is a bit far, but technically I see lower ~ 80, if fibo-extensions mean something...
Attached Image (click to enlarge)
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  • #126,462
  • Oct 26, 2008 5:08pm Oct 26, 2008 5:08pm
Quoting alsup1955
I would call it going with the trend
hehe.
  • #126,463
  • Oct 26, 2008 5:10pm Oct 26, 2008 5:10pm
Quoting lilmoe
yea, i've always thought the japanese won't let that happen. export is their bread and butter.
Except, their PM seems to be playing around and saying that a stronger Yen is good for them because it reduces oil prices.. lol, let's see how long that thinking lasts when their companies start making losses.
  • #126,464
  • Oct 26, 2008 5:20pm Oct 26, 2008 5:20pm
Quoting VishalJ
Except, their PM seems to be playing around and saying that a stronger Yen is good for them because it reduces oil prices.. lol, let's see how long that thinking lasts when their companies start making losses.
once this smoke is clear, yen will start going lower, its built in their system, yen is the first currency that tends to lose its value during calm eras.
I recommend you read something else as this sentence is now concluded.
  • #126,465
  • Oct 26, 2008 5:20pm Oct 26, 2008 5:20pm
taking half off. the rest will go all the way down to 130ish area or i'll get stopped out @ be.
  • #126,466
  • Oct 26, 2008 5:20pm Oct 26, 2008 5:20pm
hi all, i;m quite new on charting on any thread and just learning how to post messages. so i don't know if i'm on the right track. i'm interested in this gj.
  • #126,467
  • Oct 26, 2008 5:23pm Oct 26, 2008 5:23pm
Quoting dialpips
hi all, i;m quite new on charting on any thread and just learning how to post messages. so i don't know if i'm on the right track. i'm interested in this gj.
welcome aboard to the beast.
  • #126,468
  • Oct 26, 2008 5:25pm Oct 26, 2008 5:25pm
Hi everyone!

Hope you all had a great weekend?

Anyone here using broker alpari.idc. they have refused to enable their platform. guess am just gonna sit and watch the ride down.
Mediocrity is costly, contentment is great gain.
  • #126,469
  • Oct 26, 2008 5:25pm Oct 26, 2008 5:25pm
took a small long trade at 144.45

no technical reason, i just felt a pullback is due (gut feeling).
  • #126,470
  • Oct 26, 2008 5:26pm Oct 26, 2008 5:26pm
Quoting lilmoe
took a small long trade at 144.45

no technical reason, i just felt a pullback is due (gut feeling).
hehe. had same feeling. that's why i closed half.
  • #126,471
  • Oct 26, 2008 5:28pm Oct 26, 2008 5:28pm
Quoting lilmoe
took a small long trade at 144.45

no technical reason, i just felt a pullback is due (gut feeling).
sl at B/E... don't wanna risk much.
  • #126,472
  • Oct 26, 2008 5:29pm Oct 26, 2008 5:29pm
Quoting dialpips
hi all, i;m quite new on charting on any thread and just learning how to post messages. so i don't know if i'm on the right track. i'm interested in this gj.
Play with a DEMO ACCOUNT until you know what this beast can do!!!
Glad to have you with us.
I trade what I see on my charts. Do Not listen to the Muppets.
  • #126,473
  • Oct 26, 2008 5:29pm Oct 26, 2008 5:29pm
Quoting pkimnyc
hehe. had same feeling. that's why i closed half.
  • #126,474
  • Oct 26, 2008 5:34pm Oct 26, 2008 5:34pm
Quoting lilmoe
sl at B/E... don't wanna risk much.
closed half for 200 pips
  • #126,475
  • Oct 26, 2008 5:34pm Oct 26, 2008 5:34pm
Quoting lilmoe
took a small long trade at 144.45

no technical reason, i just felt a pullback is due (gut feeling).
nice call.....
--post hoc ergo propter hoc--
  • #126,476
  • Oct 26, 2008 5:34pm Oct 26, 2008 5:34pm
Quoting lilmoe
took a small long trade at 144.45

no technical reason, i just felt a pullback is due (gut feeling).

Excellent gut feeling that time LilMoe.
  • #126,477
  • Oct 26, 2008 5:35pm Oct 26, 2008 5:35pm
Quoting lilmoe
closed half for 200 pips
Nice, but you guys are crazy lol.
  • #126,478
  • Oct 26, 2008 5:37pm Oct 26, 2008 5:37pm
Quoting cheese
Excellent gut feeling that time LilMoe.
Quoting Monk
nice call.....

  • #126,479
  • Oct 26, 2008 5:37pm Oct 26, 2008 5:37pm
profit 1200PIPS !!(30 min)
  • #126,480
  • Oct 26, 2008 5:38pm Oct 26, 2008 5:38pm
closed the remaining long, and reversed at 166.65, 30 pip stop
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