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Eulogy replied Jul 31, 2008Once again, GJ back to its starting point. This really is becoming annoying. If its anything like last month we're in for another 4 weeks full of short shadowed dojis. Plain Pathetic
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 30, 2008what's i find strange is that with such a great ADP report, minutes later the Feds extend their Emergency lending program until next year, not to mention earlier on the SEC moved to extend their anti-naked short rules
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 29, 2008Yep, flip to see which way ADP will fall. <-58k or >-58k. or even more basic flip a coin to see whether or not Pauly/Benny/Fed et al will enact another crazy scheme to prop up the market by the end of the week.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 29, 2008GC is the new Beast GJ is the sloth in hibernation that has been tranquilised
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 29, 20081k pips? lol this is GJ we're talking about, who cares about 1k pips, I want to see this thing crash another 4000 pips

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 29, 2008I'm not placing that much stock in NFP. Quite frankly, all traders at the moment seem to be discarding this report, no matter the deviation, as trivial in the mid term. -75k is an abysmal number and yet USD seems to be holding or even rising against ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 29, 2008Even so, I'm not seeing this as a confident breach. UJ isn't budging all that much and now you have negative EUR futures coming into the market. It looks more like speculative money coming into the market for some last minute push before the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 28, 2008I'm not sure about your upward bias. If there really was so much buying pressure with equities putting a cap on things then you should have seen quite a bit of volatility, up spikes only to be put back down. Yesterday the GJ just seemed to resemble ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 28, 2008Hey Piplucky, you're not a fellow Aussie by any chance are you? and yes i'm Bearish G/J. Daily studies AO showing double top with bearish divergence ZMACD (12,26,9) crossed down 3 days ago QQE 5 about to cross down Stochastics in Overbought ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 28, 2008Your view on the sensitivity of UJ affecting GJ is correct however I'm also of the view that the US is in a recession even though they'll never admit it until they're bankrupt. Once again, USD vs JPY is another battle of the losers contest
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 28, 2008??? what kind of crazy obsolete Ptolomaeic calendar are you looking at

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 28, 2008aren't you conveniently leaving out the fact that the UK already admitted it is in a recession? TA may support you in the short term however the outlook on FA is definitely mixed and up for debate. Its like a "battle of the losers" contest.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 28, 2008even so a 15 pip range in the Euro market is just pathetic. I had though recently that the GJ was discovering a bit of life again. Sad to realise that it was probably just a narcoleptic lapse.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 28, 2008quite frankly i'm a bit suspicious about this move down. If any of you are looking for a massive 1k+ move down that won't happen until UJ completely loses it. Sure the 100 pip banking is good and all but if you're looking for the final big wave then ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 25, 2008I agree this move is almost complete GU's doing however if that is so then GU should be at the upper limit of its current downward channel (look at your hourly)
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 25, 2008alright i'm new to the lingo round here What does DP stand for? Decision point? and lilmoe where is your DP set?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 25, 2008That was a strange little bounce spike
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Jul 24, 2008Hey 4xtrader. You still occupying the dumpster? Must've been awfully nice of the council to provide you with a power point to plug in your laptop and modem within said dumpster. Where do you live. I must know the council that is so generous
Auslanco - GBP/JPY and GBP/USD (newstrade)