yeah, we need a doctor.
You should check with Dr. penis
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #146,341
- Dec 5, 2008 12:19am Dec 5, 2008 12:19am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #146,342
- Dec 5, 2008 12:20am Dec 5, 2008 12:20am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
yeah, we need a doctor.
something fundamental: If we see bad US data today, people will buy ^TNX as a "safety heaven", this will make geppy bullish
- #146,344
- Dec 5, 2008 12:23am Dec 5, 2008 12:23am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
I smell accumulation - 
=
i see long people - - 136.66
=i see long people -
- 136.66 - #146,345
- Dec 5, 2008 12:27am Dec 5, 2008 12:27am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
either way, its wisest to sit on the fence for now
see the charts on both GJ and GU
I smell accumulation -
i see long people -
We've been in a 60-70 pip channel for about 8 hrs now! Something big has got to happen...soon I hope. Maybe not til NFP- #146,347
- Dec 5, 2008 12:30am Dec 5, 2008 12:30am
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
I smell accumulation -
i see long people -
- #146,348
- Dec 5, 2008 12:30am Dec 5, 2008 12:30am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #146,349
- Dec 5, 2008 12:31am Dec 5, 2008 12:31am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
either way, its wisest to sit on the fence for now
see the charts on both GJ and GU
- #146,350
- Dec 5, 2008 12:32am Dec 5, 2008 12:32am
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
135.50 ... I'm short now. My sl is above that TL just in case.
Stopped out with my short from 135.48 for +1
Discipline + Patience - Fear - Greed = Success
- #146,352
- Dec 5, 2008 12:36am Dec 5, 2008 12:36am
- Joined Oct 2007 | Status: Trader | 5,510 Posts
impulse wave.
DP next to go. . .
- #146,353
- Dec 5, 2008 12:37am Dec 5, 2008 12:37am
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
- #146,354
- Dec 5, 2008 12:39am Dec 5, 2008 12:39am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #146,355
- Dec 5, 2008 12:43am Dec 5, 2008 12:43am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #146,359
- Dec 5, 2008 12:48am Dec 5, 2008 12:48am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #146,360
- Dec 5, 2008 12:49am Dec 5, 2008 12:49am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
This bailout for the Big 3 will probably stall the PA from dropping to the all time low... The Bailout decision is not determine until monday...I figured if any leaks get out over the weekend, then GJ will drop to the historical low of 129.00 area...IMHO
December 5th USD/JPY and most JPY crosses headed south early on the back of the late Wall Street plunge. The Nikkei surprised to the upside however with the index racking up modest gains and ignoring the Wall Street fall. Most JPY pairs bounced thereafter, holding for the most part closer to session highs than the lows. Flows were on the light side and participation low ahead of the US non-farm payrolls release later today, the last major crapshoot of a loaded week. Expectations are all over the place with the consensus of economists still at -200K. IFR is forecasting -295K and the bias may have moved out to the -340K area now on a few estimates of as much as -500K. The USD/JPY range was 92.10-60, EUR/JPY 117.60-118.24, GBP/JPY 135.15-97, AUD/JPY 59.15-77 and NZD/JPY 48.95- 49.35.
Most players seem to be in reactive mode ahead of the US non-farm payrolls release and orders are few. USD/JPY does see some bidding interest ahead of 92.00 still however to defend presumed option barriers. More are suspected at 91.75, 91.50, 91.00 and large at 90.00. --
December 5th USD/JPY and most JPY crosses headed south early on the back of the late Wall Street plunge. The Nikkei surprised to the upside however with the index racking up modest gains and ignoring the Wall Street fall. Most JPY pairs bounced thereafter, holding for the most part closer to session highs than the lows. Flows were on the light side and participation low ahead of the US non-farm payrolls release later today, the last major crapshoot of a loaded week. Expectations are all over the place with the consensus of economists still at -200K. IFR is forecasting -295K and the bias may have moved out to the -340K area now on a few estimates of as much as -500K. The USD/JPY range was 92.10-60, EUR/JPY 117.60-118.24, GBP/JPY 135.15-97, AUD/JPY 59.15-77 and NZD/JPY 48.95- 49.35.
Most players seem to be in reactive mode ahead of the US non-farm payrolls release and orders are few. USD/JPY does see some bidding interest ahead of 92.00 still however to defend presumed option barriers. More are suspected at 91.75, 91.50, 91.00 and large at 90.00. --
[