How can that be if the interest rate US is now .25 to JPY .30?Do you see interest in the US with that low rate?
Will US be new denominator for carry trade?
In addition, today is triple interest ..
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Auslanco - GBP/JPY and GBP/USD (newstrade)
- #149,961
- Dec 17, 2008 9:34am Dec 17, 2008 9:34am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
How can that be if the interest rate US is now .25 to JPY .30?Do you see interest in the US with that low rate?
Will US be new denominator for carry trade?
- #149,962
- Dec 17, 2008 9:34am Dec 17, 2008 9:34am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #149,963
- Dec 17, 2008 9:34am Dec 17, 2008 9:34am
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
dont u guys think that E/U is going too fast
really suspicious to me i have never seen this before...
got my miracle
really suspicious to me i have never seen this before...
got my miracle
- #149,964
- Dec 17, 2008 9:38am Dec 17, 2008 9:38am
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
dont u guys think that E/U is going too fast
really suspicious to me i have never seen this before...
got my miracle
Discipline + Patience - Fear - Greed = Success
- #149,965
- Dec 17, 2008 9:40am Dec 17, 2008 9:40am
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
just look at this divergence 800 pips
WTH is that
WTH is that
- #149,966
- Dec 17, 2008 9:45am Dec 17, 2008 9:45am
- Joined Oct 2008 | Status: aka Neal Vanderstelt | 2,902 Posts
Do you see interest in the US with that low rate?
Will US be new denominator for carry trade?
.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
- #149,967
- Dec 17, 2008 9:47am Dec 17, 2008 9:47am
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
Do you see interest in the US with that low rate?
Will US be new denominator for carry trade?
As for Geppy, GBP interest is still higher than Yen. Both treasuries show weakness. Thus, we may likely see these pairs in ranges.
- #149,968
- Dec 17, 2008 9:49am Dec 17, 2008 9:49am
- | Joined Nov 2006 | Status: Trader | 5,040 Posts
I sincerely doubt it. the situation is similar in certain ways with what happened in Japan but Japan is no USA. the big problem is deficits but the USA has a lot more resources and land mass than Japan. I'm not trying to put down Japan but I would much rather live by the beach in the USA than in Japan. Think about it. A country's worth has a lot to do with it's resources and how desirable which includes how it's run. But still no I don't think it's a carry trade. Wallstreet is still strong just not in a bear market. If jobs can be created by next...
- #149,969
- Dec 17, 2008 9:50am Dec 17, 2008 9:50am
- Joined Oct 2008 | Status: aka Neal Vanderstelt | 2,902 Posts
Before Forex I was tall, and clean shaven. Now I am an Ewok.
- #149,971
- Dec 17, 2008 9:51am Dec 17, 2008 9:51am
- Joined Oct 2008 | Status: aka Neal Vanderstelt | 2,902 Posts
Good point ..
Before Forex I was tall, and clean shaven. Now I am an Ewok.
- #149,973
- Dec 17, 2008 9:55am Dec 17, 2008 9:55am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
New correlation with the USD as the denominator..
Agreed, USD possibly be the carry trade, I think that's why we EU blasted to the roof.
As for Geppy, GBP interest is still higher than Yen. Both treasuries show weakness. Thus, we may likely see these pairs in ranges.
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- #149,976
- Dec 17, 2008 10:05am Dec 17, 2008 10:05am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
I have the same TP atm.
Long - targeting 137.
SL at 134.7
B
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- #149,978
- Dec 17, 2008 10:06am Dec 17, 2008 10:06am
- Joined Mar 2007 | Status: Pip pip | 2,692 Posts
Who would have thought page 10000 would be reached so quickly? 
- #149,979
- Dec 17, 2008 10:07am Dec 17, 2008 10:07am
- | Membership Revoked | Joined Apr 2008 | 2,468 Posts
wow big guy... that's wayyyyy long term, lol... i can't do that!!! lots of pips to be made along the way, and that's IF we get there...
6 months to go for june, and i should be well over those 5000 pips by then only by day trading
I learnt a lot from the ride down, I realise I could have doubled/tripled the pips, but enjoyed the fact I didnt have to constantly trade positions. It has given me a good break and I now feel totally refreshed.
I am loading 40% of the account on these longs on the way down from 138.90, but I may play the daily game very soon....lots of volatility in the near future Im sure!!
Anyway, this is what I see Mid/Long term on the Monthly and Weekly charts....and have loaded up for the elevator ride from these levels.
I'll post some daily charts and trades when I see a great setup on those, I will be trading those live too...
All the best bros! PS Excuse the crappy charts, no changes there then! You know I dont post my trading platform charts.
- #149,980
- Dec 17, 2008 10:09am Dec 17, 2008 10:09am
- Joined Mar 2007 | Status: Pip pip | 2,692 Posts
Where is lilmoe? Has he made 10000 posts yet? We could have a double celebration!