$28 billion of 7 yr bonds were auctioned out with a strong bid to cover ratio of 2.74 which is about $77 billion worth in tendered offers. kinda makes you wonder how is there any funds left to play the equities markets. This week there wasn't ...

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

agreed. YM had a pre-news move up, and then a news spike which got sold aggressively. I'll pop a few Karmo patience pills now and hop into the shower. Its getting late over here, need to sleep soon.

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

lol not really. Even above 152.4 there is still a shitload of resistance. 152.8 is UTL of the downward channel 153.5 is that huge resistance area where there previously was an intermediate quadruple bottom before we broke through on the 5th attempt. ...

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

Here

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

i have my mid term broken TL at 152.40

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

try broco trader

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

i use the nikkei as well. As i said, asian indicies usually effect Asian session. For the european session i use the DJ stoxx 50 more as a broader measure although i do have the footsie on my list.

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

GY and for that sake most of the carry/yen pairs are risk sentiment currency trade. That means that when investors are confident in the prospects of the economy, xxx/jpy tends to rise, and vice versa for when risk aversion sets in. While obviously ...

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

The Fed's Fat Mouthpiece — Is Lacker deliberately speaking earlier than expected? because i'm seeing CNBC stating that Lacker says (to summarise) "We're sweet once again, onward and upwards, long live the Dow"

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

[quote=Raza;2996760] thinking about longing it nowadays. previously caught it short at 2.42 and rode that beast for a few thousand pips

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

[quote=jusaix;2996676] mid-long term swing trades on EN only. no positions atm. Anything less than 500 pips per trade on EN nowadays for me is pointless.

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

[quote=PandoraBox;2996592] LOL you should trade something even more crazy like EURNZD or GBPNZD. 300-500 pip spike swings. And when the hedge fund and desktrader computers are arb'ing the crap outta each other during the early euro session. 70-110 ...

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

ahhh. much better. so $50 position per $20k deposit. makes much more sense. Really gave me a scare there when i thought the trade was played with an "All in 200x leverage" mentality. Question though, if you are playing with such a low leverage why ...

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

19950%??? is that 199.5:1 leverage? how can that be safe?

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

cscheat, if you only have a 50pip SL then you shouldn't leave this trade too long in the market. Any news spike you could get taken out.

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

It must go down very soon. I hope with London sesion seriously though, some justification would be nice

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

2nd lot of 1-2-3-4-5 wave is incorrect wave 4 can't intersect wave 1

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

Which pennant are u referring to? What i'm seeing is that the Dow is at an exhaustion point. 3 consecutive days of long upside wicks small bodied candles.

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

Not sure although with the FDIC involved these days it usually means Uncle Sam bails every fatcat out regardless. What i can say is that Colonial was under the bankruptcy gaze as early as March 2009. It was already clear back then that it could not ...

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

You think that's bad I'm thinking the main reason why the Aussie housing market hasn't yet collapsed is because of the first home owners boost scheme. Its not a $8000 tax break like in the US, its a $14k for existing homes and $21k for new homes ...

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