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

  • #132,581
  • Nov 6, 2008 5:06am Nov 6, 2008 5:06am
I think 50 bpt cut is already priced in, if they cut more then GU might dive..
Trade what you see, not what you think.
  • #132,582
  • Nov 6, 2008 5:09am Nov 6, 2008 5:09am
Quoting karmostaji
I think 50 bpt cut is already priced in, if they cut more then GU might dive..
Being a brit, I agree with you. Lets see if they actually risk it and cut more! They dont like giving the shop away here - cautious is best
  • #132,583
  • Nov 6, 2008 5:10am Nov 6, 2008 5:10am
Quoting karmostaji
I think 50 bpt cut is already priced in, if they cut more then GU might dive..
I am finding this extremely tough to call On the hand you have a (IMO) traditionally conservative approach from BOE which should continue; on the other hand you have King, Darling & Brown who (IMO) are not natural leaders yet want to pose as such by making aggressive moves, so a whole % pt could be on the cards and I feel more inclined to expect it, what with the UK lagging behind too, which I think will result in our long-expected £ plunge.
  • #132,584
  • Nov 6, 2008 5:30am Nov 6, 2008 5:30am
Quoting Obaidah
legs are up lol! whats wrong with this market, there's no signal, chart is everwhere .. what about you?
relax mode. downloading and watching some "pirated" movies
  • #132,585
  • Nov 6, 2008 5:32am Nov 6, 2008 5:32am
Quoting lilmoe
relax mode. downloading and watching some \"pirated\" movies
thats the best thing to do
I recommend you read something else as this sentence is now concluded.
  • #132,586
  • Nov 6, 2008 5:32am Nov 6, 2008 5:32am
Quoting lilmoe
relax mode. downloading and watching some \"pirated\" movies
Whadap my friend. Its been some time. How you doing?
  • #132,587
  • Nov 6, 2008 5:40am Nov 6, 2008 5:40am
does anyone intend to hold a position through the news in 20 minutes?
  • #132,588
  • Nov 6, 2008 5:42am Nov 6, 2008 5:42am
Quoting ezodisy
does anyone intend to hold a position through the news in 20 minutes?
i have position open
  • #132,589
  • Nov 6, 2008 5:44am Nov 6, 2008 5:44am
Movie 6 dot net

Sonic
  • #132,590
  • Nov 6, 2008 5:48am Nov 6, 2008 5:48am
Quoting lilmoe
yea, if that \\"tight\\" stop was greater than 80 pip...

mine was - so I took nice profit on my very tight stop after the "XX" and then sold again after the bounce for the second leg down......now I'm flat waiting for the news.....as I said before - hit and run till after the news....
Attached Image (click to enlarge)
Click to Enlarge Name: nov 6 gj 5m 1130.gif Size: 18 KB
Trading Levels with WRBs
  • #132,591
  • Nov 6, 2008 5:50am Nov 6, 2008 5:50am
just FYI: couple economists on Bloomberg were expecting a GBP rally if BOE cut more than half
  • #132,592
  • Nov 6, 2008 5:54am Nov 6, 2008 5:54am
Quoting ezodisy
just FYI: couple economists on Bloomberg were expecting a GBP rally if BOE cut more than half
GBP aggresive cutt for rally?depend on how big guy positioned
  • #132,593
  • Nov 6, 2008 5:55am Nov 6, 2008 5:55am
Quoting belekas
Whadap my friend. Its been some time. How you doing?
nada big guy... no trades yet... just watchin

what about u?
  • #132,594
  • Nov 6, 2008 5:57am Nov 6, 2008 5:57am
I have small EJ long...

Sonic
  • #132,595
  • Nov 6, 2008 5:58am Nov 6, 2008 5:58am
Quoting moneybookers
GBP aggresive cutt for rally?depend on how big guy positioned

just go with the trend....

If unsure where trend is, look at the monthly
  • #132,596
  • Nov 6, 2008 5:59am Nov 6, 2008 5:59am
Rule 1: CAPITAL PRESERVATION. so staying out if i am uncertain
  • #132,597
  • Nov 6, 2008 6:00am Nov 6, 2008 6:00am
confirmed: down to 3%!
  • #132,598
  • Nov 6, 2008 6:00am Nov 6, 2008 6:00am
3% ouch. Let's see how the beast reacts
  • #132,599
  • Nov 6, 2008 6:02am Nov 6, 2008 6:02am
damn 150 bpt cut lol

poor GU
Trade what you see, not what you think.
  • #132,600
  • Nov 6, 2008 6:02am Nov 6, 2008 6:02am
with 3%, swap payed/earned would be alot less right?
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