SELL SELL SELL
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #199,521
- Sep 23, 2009 12:08pm Sep 23, 2009 12:08pm
- Joined May 2009 | Status: Trader | 4,895 Posts
- #199,522
- Edited 12:25pm Sep 23, 2009 12:09pm | Edited 12:25pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
Treasury yields actually got crushed on the FOMC statement and… this is likely due to the fact that the Fed is extending the horizon of its Agency purchases. These purchases have been key in keeping rates artificially low and the fact that they will do so for longer now is seeing bonds come back better bid (in other words, yields lower). The yen crosses seem to be more influenced by the goings on in the rates market at the moment.
shouldn't you state the source? After all, this statement (word for word)
came directly from Gain Capital/ Forex.com at 2:31 EST.
Dr. D.
- #199,524
- Sep 23, 2009 12:10pm Sep 23, 2009 12:10pm
- | Joined Oct 2008 | Status: Trader | 1,666 Posts
High volume selling at news time is to be expected. The question is whether the big boys are merely buying it cheaper now.
dont say that
- #199,525
- Sep 23, 2009 12:12pm Sep 23, 2009 12:12pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
I am sorry Mr. Moderator..
I never said it is my comment...
I will have to look up the rules.
I never said it is my comment...
I will have to look up the rules.
If you are going to offer commentary and it's not you own,
shouldn't you state the source? After all, this statement
came directly from Gain Capital/ Forex.com at 2:31 EST.
Dr. D.
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- #199,526
- Sep 23, 2009 12:16pm Sep 23, 2009 12:16pm
no, its buy buy and some more buy
Can't browse back through all the thread 10 pages back, i guess i have been sick or may be too fatique.
- #199,527
- Sep 23, 2009 12:17pm Sep 23, 2009 12:17pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Wait for Japan KAABOOM
no, its buy buy and some more buy
[
- #199,528
- Sep 23, 2009 12:19pm Sep 23, 2009 12:19pm
- Joined May 2009 | Status: Trader | 4,895 Posts
For longs, think break of daily TL retest at circa 149.40-50 needs to hold. A good entry point here IF going long.
Otherwise, retest of lows (re that 100 pip spike down candle wick/shadow last night) down to 148.20-50 zone.
Disclosure: have no position in GJ
- #199,529
- Sep 23, 2009 12:22pm Sep 23, 2009 12:22pm
For longs, think break of daily TL retest at circa 149.40-50 needs to hold. A good entry point here IF going long.
Otherwise, retest of lows (re that 100 pip spike down candle wick/shadow last night) down to 148.20-50 zone.
Disclosure: have no position in GJ
149.40 was yesterday's high too. A really key level = old high R = new support AND a break of daily TL point. Do or die type of level for bulls and bears.
- #199,531
- Sep 23, 2009 12:24pm Sep 23, 2009 12:24pm
- | Commercial User | Joined Mar 2009 | 2,480 Posts
- #199,532
- Sep 23, 2009 12:25pm Sep 23, 2009 12:25pm
- Joined May 2009 | Status: Trader | 4,895 Posts
we aren't in the same boat lately masta, what make u buy ?
- #199,533
- Sep 23, 2009 12:27pm Sep 23, 2009 12:27pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
hope u all tookadvantage to dbl down on your purchases
very beautiful upthrust on euro split them aces 3 times
split cad aces twice
Kiwi well just leaving that alone for now
geppy buyers at the strong hold
very beautiful upthrust on euro split them aces 3 times
split cad aces twice
Kiwi well just leaving that alone for now
geppy buyers at the strong hold
"Millionaires don't use astrology, billionaires do"
- #199,534
- Sep 23, 2009 12:29pm Sep 23, 2009 12:29pm
GU gained a ratchet hold < round number 1.6400.
UJ looks is teetering
but for bulls GU has to regain 6400, I'd think.
*Key for bears is if they can get a 15min close < 149.40 (yesterday's high).
UJ looks is teetering
but for bulls GU has to regain 6400, I'd think.*Key for bears is if they can get a 15min close < 149.40 (yesterday's high).
- #199,535
- Sep 23, 2009 12:34pm Sep 23, 2009 12:34pm
Well, as I said before, I think there will be a major retracement coming.. As I am a swing trader, I maintain my bullish view for GJ, UJ & GU.. I'm not sure if my view will suit for scalping or intraday trading.. but I have only 1 pos open near the bottom and still have no plan to add into it.. (maybe after 153.50 breakout??)..
. Wish u and the others green pips, I'm going back to sleep...woke up because i'm thirsty and take another 30 pips GU scalp since there is an opportunity hehehe.
- #199,536
- Sep 23, 2009 12:50pm Sep 23, 2009 12:50pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #199,537
- Sep 23, 2009 12:52pm Sep 23, 2009 12:52pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #199,539
- Sep 23, 2009 1:03pm Sep 23, 2009 1:03pm
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"