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toyboy tramp replied Dec 16, 2008looks like a bear trap on cable...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- toyboy tramp replied Dec 15, 2008
Interbank lending was at an all time high in October... url
Auslanco - GBP/JPY and GBP/USD (newstrade)
- toyboy tramp replied Dec 15, 2008
Well we didn't follow the dow today, cable probably can't do that 2 days in a row, but it might be U/J's turn to rally tomorrow...i just want a sub-138 retrace tonight to cover shorts, then I'll be watching for confirmation this is heading up to 146.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- toyboy tramp replied Dec 15, 2008
Welcome to the carry trade, orders please
Auslanco - GBP/JPY and GBP/USD (newstrade)
- toyboy tramp replied Dec 15, 2008
THe question is do I close my short from 137.5, and lose the day's profits, or wait for the retrace?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- toyboy tramp replied Dec 15, 2008
Question: Pump and dump? Might get to 141.5 then dump?? Or is this the bear market rally day 1?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- toyboy tramp replied Dec 14, 2008
There is zero chance of the UK switching to the Euro before the next election, parity or not. Remember everyone started talking about parity on the Aussie? It dived bigtime. BTW G/J is @ 137
Auslanco - GBP/JPY and GBP/USD (newstrade)
- toyboy tramp replied Dec 12, 2008
Its the layoffs that need state support, not the market.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- toyboy tramp replied Dec 12, 2008
Let them fail imvho, sounds harsh from a people POV, but Friedman has a point, let the market weed out bad business models, it will get the electric car into mass production quicker too.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- toyboy tramp replied Dec 12, 2008
Might hold a wee short over the weekend, avoid large spreads if it moves down on Sunday, which it could well do.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- toyboy tramp replied Dec 12, 2008
Easiest green of the day fo sho bro, bon weekend, nice week eh?!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- toyboy tramp replied Dec 12, 2008
just woke up to some nice greenage, yeah
Auslanco - GBP/JPY and GBP/USD (newstrade)
- toyboy tramp replied Dec 11, 2008
I like Oanda, maybe not for charts, but as a broker they're pretty good, and I'm one of the few that like the charts
Auslanco - GBP/JPY and GBP/USD (newstrade)