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

  • #224,661
  • May 16, 2010 9:19am May 16, 2010 9:19am
http://ca.news.yahoo.com/s/reuters/1...elloff_waddell
Failure, is a wonderful teacher!
  • #224,662
  • May 16, 2010 9:35am May 16, 2010 9:35am
OMG
Take a look. I trade with Saxobank
See the GAPs

What's that ? I have never seen such a GAP. It's like that for about an hour I doubt it's a mistake.
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  • #224,663
  • May 16, 2010 10:18am May 16, 2010 10:18am
Quoting octacomm
OMG
Take a look. I trade with Saxobank
See the GAPs

What's that ? I have never seen such a GAP. It's like that for about an hour I doubt it's a mistake.
dun trust that.wait in few hr.saxo always like that to
make us mess
  • #224,664
  • May 16, 2010 10:23am May 16, 2010 10:23am
Quoting grashid
dun trust that.wait in few hr.saxo always like that to
make us mess
thank you buddy, I will wait
  • #224,665
  • May 16, 2010 10:42am May 16, 2010 10:42am
Quoting octacomm
OMG
Take a look. I trade with Saxobank
See the GAPs

What's that ? I have never seen such a GAP. It's like that for about an hour I doubt it's a mistake.
148.5? I don't think there's ever been a gap of more than 1000 pips in the history of this pair. There might have been a 300-500 pip gap a few times but never anything over 1000 pips. BTW, can you close your open positions? Oanda actually lets you trade during off hour but with a 20-pip spread on GJ.
  • #224,666
  • May 16, 2010 10:48am May 16, 2010 10:48am
Quoting $teve
148.5? I don't think there's ever been a gap of more than 1000 pips in the history of this pair. There might have been a 300-500 pip gap a few times but never anything over 1000 pips.
Grashid said it's a mistake but I wonder why exactly on EUR and GBP and why in the direction that would be if the ECB wants to support the EUR through intervention.

No I can't close.
  • #224,667
  • May 16, 2010 10:54am May 16, 2010 10:54am
http://www.forexfactory.com/showpost...stcount=224652

Quoting direct-trade
Didn’t see any profit taking going into NY close, so Shorts are determined to hold through a possible spike through their stops Sunday PM Asia. Time will tell.
  • #224,668
  • Edited 12:15pm May 16, 2010 11:56am | Edited 12:15pm
Quoting octacomm
OMG
Take a look. I trade with Saxobank
See the GAPs

What's that ? I have never seen such a GAP. It's like that for about an hour I doubt it's a mistake.
Check out Oanda's prices. Most gaps are tiny. Most are in favor of the USD. That said currently GBPJPY is a measly 20 pips from it's close.

So not so fast everyone. We're still bearish and got room to move down.

EDIT: Added Dukascopy's as well.

Put it this way. I made a few calls. There are going to be no surprise opening prices.
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Every time you use 'hopium' in a post, God kills a kitten.
  • #224,669
  • May 16, 2010 1:02pm May 16, 2010 1:02pm
133.81

http://quotes.ino.com/chart/?s=FOREX_GBPjpy
  • #224,670
  • May 16, 2010 2:03pm May 16, 2010 2:03pm
Looks like there will be no gap or a tiny gap down depending on when your broker opens. I was really hope for some form of a retracement to at least 136.60 to reload shorts. Let's hope we'll get sometimes during Asia. My target for this week or next week is 129.60. This week price will either break 133.80 and go straight to 129.60 or price will consolidate with 133.80 as support and retrace to 136.60. This is a golden price for short should price gets here.
  • #224,671
  • May 16, 2010 3:21pm May 16, 2010 3:21pm
Quoting $teve
Looks like there will be no gap or a tiny gap down depending on when your broker opens. I was really hope for some form of a retracement to at least 136.60 to reload shorts. Let's hope we'll get sometimes during Asia. My target for this week or next week is 129.60. This week price will either break 133.80 and go straight to 129.60 or price will consolidate with 133.80 as support and retrace to 136.60. This is a golden price for short should price gets here.
better resistance for this week is 135.50 area.. don't think that 136.60... remaining bearish to 120 area as i said in my sentiments in april 18... other opinion?! for your account hope not
LOL
  • #224,672
  • May 16, 2010 3:55pm May 16, 2010 3:55pm
G/J....I will prefer to take long trade arround 132.20 for 142.00.
  • #224,673
  • May 16, 2010 3:58pm May 16, 2010 3:58pm
I prefer it go down to 90 in next 3-4 weeks, and then I buy a lot there, and it go up to 200.
  • #224,674
  • May 16, 2010 4:42pm May 16, 2010 4:42pm
Question is for those short. What number will it 'not' get too.
Person that guesses closest without touching it should get a prize.

My guess is that it won't touch,,,,,

135
  • #224,675
  • May 16, 2010 5:29pm May 16, 2010 5:29pm
the safest trade at the moment is the aud/usd for short ...if you can afford a 400 pip stop,,you will be "gaurenteed" 1000 pips coming days/weeks.. all confirmations is on the screen that the top is in place and we heading down ...i dont recommend it,,but its a safe heaven trade ... set and leave..

why bother now to buy the gbp/usd ,and guess the bottom ?? like some here,with no confirmations ?? oh well ...im flat on gbp/jpy ,but short on other's ..wish i could know where the gbp/jpy will turn ..135/136/137 ,,i dont know,,but i dont think too high ..and what will happen if we hit 133/132 ?? a major bounce or semi pause and down we go again..
  • #224,676
  • May 16, 2010 5:41pm May 16, 2010 5:41pm
Quoting fullhouse
the safest trade at the moment is the aud/usd for short ...if you can afford a 400 pip stop,,you will be "gaurenteed" 1000 pips coming days/weeks.. all confirmations is on the screen that the top is in place and we heading down ...i dont recommend it,,but its a safe heaven trade ... set and leave..

why bother now to buy the gbp/usd ,and guess the bottom ?? like some here,with no confirmations ?? oh well ...im flat on gbp/jpy ,but short on other's ..wish i could know where the gbp/jpy will turn ..135/136/137 ,,i dont know,,but i dont think...
Don't know if you're a new trader or not. But there are 'risk' currencies, aud, nzd, cad, eur, gbp, nzd. And current safe haven currencies, usd, and jpy. Either risk is ON or risk is OFF.
  • #224,677
  • May 16, 2010 5:42pm May 16, 2010 5:42pm
Quoting Clouds
Don't know if you're a new trader or not. But there are 'risk' currencies, aud, nzd, cad, eur, gbp, nzd. And safe haven currencies, usd, and jpy. Either risk is ON or risk is OFF.

lol USD safe heaven currencie
  • #224,678
  • May 16, 2010 5:46pm May 16, 2010 5:46pm
i am wanna short GYen tonight. but i think i should wait a few more hour

knowing asia it may go up on false volume

dunno 135? higher it spike better short it would be.



Quoting Clouds
Question is for those short. What number will it 'not' get too.
Person that guesses closest without touching it should get a prize.

My guess is that it won't touch,,,,,

135
Its all in the mind.
  • #224,679
  • May 16, 2010 5:47pm May 16, 2010 5:47pm
I know u find it funny but USD is in fact safe haven currency lol

Quoting fullhouse
lol USD safe heaven currencie
Its all in the mind.
  • #224,680
  • May 16, 2010 5:49pm May 16, 2010 5:49pm
Quoting fullhouse
lol USD safe heaven currencie
You said the safest short was AUD/USD, and I'm telling you that's inaccurate. GBP/JPY, EUR/JPY, AUD/JPY, CAD/JPY, CHF/JPY, NZD/JPY, GBP/USD, EUR/USD, AUD/USD, USD/CAD, USD/CHF, and NZD/USD ALL MOVE IN SAME DIRECTION W/ exception of USD/CAD and USD/CHF of course. So if u want talk about A/U Technically, better go to thread where people are trading it, as you'll get better ideas for entrees instead of sharing trade idea with nobody that's probably trading it.
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