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

  • #158,101
  • Feb 5, 2009 1:21am Feb 5, 2009 1:21am
Quoting turnip15
Lets hope they don't start a war to sort out economies !
lol, as we are in 21 st century, still our history remind us for solutions in past. The meeteng in Davos only shows us that there is no a magic bullet, or magic wand.. we are heading to very deep global recesion.. many PPL agreed that, what we saw so far is only begining..

I honestly hope that they are WRONG..
  • #158,102
  • Feb 5, 2009 1:22am Feb 5, 2009 1:22am
Quoting fxinthesun
127 here we come


try 131 and up. . .
  • #158,103
  • Feb 5, 2009 1:23am Feb 5, 2009 1:23am
Quoting forexlion
rightly said
we have lot of selling interest here.
yep, interest rates as well, so market can be choppy with big swings..
  • #158,104
  • Feb 5, 2009 1:26am Feb 5, 2009 1:26am
Quoting quecee5


try 131 and up. . .

To many sellers,
  • #158,105
  • Feb 5, 2009 1:30am Feb 5, 2009 1:30am
Quoting quecee5


try 131 and up. . .
These longs have been accumilating for 5 hrs, it tells me we have a ways to go up still. clear 130.30 and were good.
  • #158,106
  • Feb 5, 2009 1:31am Feb 5, 2009 1:31am
short 129.90
  • #158,107
  • Feb 5, 2009 1:35am Feb 5, 2009 1:35am
Quoting Petefaders
These longs have been accumilating for 5 hrs, it tells me we have a ways to go up still. clear 130.30 and were good.

when we do fall, I feel its going to be hard, when it happens.
  • #158,108
  • Feb 5, 2009 1:36am Feb 5, 2009 1:36am
Quoting Petefaders
These longs have been accumilating for 5 hrs, it tells me we have a ways to go up still. clear 130.30 and were good.
I'm looking for the big spike from rate announcement. . .
still scalping gbp/chf on the up spikes and will look to see what gj brings us. . .
  • #158,109
  • Feb 5, 2009 1:37am Feb 5, 2009 1:37am
Quoting Piters
yep, interest rates as well, so market can be choppy with big swings..
  • #158,110
  • Feb 5, 2009 1:38am Feb 5, 2009 1:38am
wouldn't be short gj just yet. . .may visit the top again 130.80 area (maybe). a break there will see it skyrocket up. . . we still have the rate announcement spike that will happen. . .

sitting on my hands on gj watching other good set-ups that are much much
cheaper
  • #158,111
  • Feb 5, 2009 1:40am Feb 5, 2009 1:40am
Quoting quecee5
wouldn't be short gj just yet. . .may visit the top again 130.80 area (maybe). a break there will see it skyrocket up. . . we still have the rate announcement spike that will happen. . .

sitting on my hands on gj watching other good set-ups that are much much
cheaper

Do you really think G/J will go sky rocket high? Look at other things, not only the chart.
  • #158,112
  • Feb 5, 2009 1:43am Feb 5, 2009 1:43am
Quoting fxinthesun
Do you really think G/J will go sky rocket high? Look at other things, not only the chart.
only time will tell. . . data is positive according to the market sentiments - there will be short covering that could drive this pair up much further. . .
i guess will soon find out!
  • #158,113
  • Feb 5, 2009 1:45am Feb 5, 2009 1:45am
And the buying volume leads the way .......
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 10 KB
  • #158,114
  • Feb 5, 2009 1:46am Feb 5, 2009 1:46am
we need to be really careful here... if the BOE decides to cut by more than half a point it will send very strong proactive signals for the pound, in turn shooting the currency up.

The scenario's are endless....
  • #158,115
  • Feb 5, 2009 1:47am Feb 5, 2009 1:47am
Quoting fxinthesun
Do you really think G/J will go sky rocket high? Look at other things, not only the chart.
I almost never look at other things besides chart..pointles distracting information if you ask me. If there is news I expect movement, that's about it...for better of for worse.
  • #158,116
  • Feb 5, 2009 1:48am Feb 5, 2009 1:48am
Quoting Petefaders
I almost never look at other things besides chart..pointles distracting information if you ask me. If there is news I expect movement, that's about it...for better of for worse.
ditto
  • #158,117
  • Feb 5, 2009 1:50am Feb 5, 2009 1:50am
Quoting forexlion
And the buying volume leads the way .......

Yes correct...
Attached Image
  • #158,118
  • Feb 5, 2009 1:53am Feb 5, 2009 1:53am
Quoting quecee5
ditto

So you are saying that, even if the UK economy is bad, and the finance minister say tonight, its going to get 10x worse. You don't care?
  • #158,119
  • Feb 5, 2009 1:53am Feb 5, 2009 1:53am
http://f.imagehost.org/0975/tlss.jpg
  • #158,120
  • Feb 5, 2009 1:56am Feb 5, 2009 1:56am
Quoting Petefaders
http://f.imagehost.org/0975/tlss.jpg

OK
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