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    • venci replied Feb 20, 2008

      GBP/USD * USD/JPY = GBR/JPY STRONG USD means GBP/USD -down, and USD/JPY - up i mean YEN is stronger than GBP in this equation because USD/JPY GBP/USD GBP/JPY for example 108.00 * 1.9400 = 209.52 if we have difference in USD/JPY 5 pips --> 108.05 * ...

      GBP/JPY for QQE Traders!
    • venci replied Feb 20, 2008

      Patience!!!! The GBP dropped - it is understandable but the Yen is not yet broke the ressistance .. then we will go higher Remember that 5 pip difference from GBP/USD is 5 pip difference in GBP/JPY but 5 pip difference in USD/JPY is 7 pip difference ...

      GBP/JPY for QQE Traders!
    • venci replied Feb 19, 2008

      Dow Corelation with gbp/jpy "Its called the famous carry trade: investors borrow yen, i.e sell it to fund stock positions. in the recent subprime storm inverstors unwinded their positions, i.e they sold their stocks because they were afraid and ...

      GBP/JPY for QQE Traders!