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Temujin replied Mar 2, 2014I will be sure to keep a watch on this one all week Ray. Some important data this week including the BOE rate decision in a couple days. Thanks for the levels provided.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 2, 2014Yes eitan, but there were articles provided by the mass media on the motivation for the S&P high. What was it for the euro? I forgot. More Flaky U.S. data? A renewed risk appetite? Some kind of crap was reported. Whatever was conveyed it was ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 2, 2014For sure guys. So funny on Friday how the banks flushed out the shorts on EUR/USD. The S&P ramped up to a record high and the euro popped past 1.38. Retail was incredibly short Friday on the euro. It seems to me the banks were already seeing the ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Mar 2, 2014LOL!! I went short GBP/JPY last Friday and held it.
Geppy's Geppy Thread (GBP/JPY)
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Temujin commented Mar 2, 2014Risk overload. With the S&P at record highs seems like all it will take is a news algo to go risk-off mode. This must be the famous Marc Chandler of Seeking Alpha no? Great articles Marc.
Seven Event Risks in the Week Ahead
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Temujin replied Mar 1, 2014I don't think risk trends will be very robust this coming week, from Putin with love.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Feb 28, 2014Still short at 170.47 and holding over the weekend.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Feb 27, 2014A record high on the S&P in the midst of an EM mini crisis and very poor U.S. data. You don't see it? These stocks are not cheap at all anymore no matter what any analyst says. There is a disconnection between technicals and fundamentals that cannot ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Feb 27, 2014It's Falling real good now. That mini crash was the tell but here comes Mark Carney to the rescue in 14 hours. Still there is global risk abounding regardless of the S&P's new record high. CNBC reported Yellen blamed the weather, YAY! Really? hmmm. ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Feb 27, 2014Market manufacturing took a hit but CPI was good and household spending increased. Abe san's programs have indeed become effective. The better the data get's the less speculation for more easing in the spring but GBP/JPY is holding on.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Feb 27, 2014I read Bank of America had a sell recommendation on gold recently but it somewhat rebounded unlike past pops. The U.S. dollar has been performing quit poorly lately and hence the support.....maybe. Or is it the global turmoil also? Anyway if the ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Feb 27, 2014I'm one of those that went short again. 170.47 after the 150 pip plus Yellen plunge. To me this really reveals an attitude the market has been hiding for the last week. That swoon brings to a light a weakness and a readiness to dump risk. It's ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Feb 26, 2014Sell it. The BOJ is expected to increase the bond buying by 10 bilion dollars a month in the spring, some analysts say summer. Either way it's quite some time away from now. No new catalyst to break out to new highs now. I would be really surprised ...
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Feb 23, 2014I don't usually trade EUR/AUD. I don't like pairs that are frozen and suddenly move 200 pips. Commerz Bank has a small short on it. 1.34 in years to come, LOL!!
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Feb 23, 2014Some UK data in 2 days. Usually biased to GBP bulls but there was the 18th and the 21st. Both days failed to crack 172.
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Feb 17, 2014FX-Ray I answered your chart analysis challenge a few days ago. Do I get credit and get the Fear/Greed indicator?
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Feb 16, 2014Wow, finally a rally on the Nikkei. Had to happen sometime. 171.00 top?
Geppy's Geppy Thread (GBP/JPY)
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Temujin replied Feb 16, 2014Something is wrong here. It's really no longer safe to be long equities or risk pairs like GBP/JPY. I think the flash selling last week was a warning of NOT a market crash but a correction in risk trends.
Geppy's Geppy Thread (GBP/JPY)