The Federal Reserve says it has granted a request by the country's last two major investment banks _ Goldman Sachs and Morgan Stanley _ to change their status to bank holding companies. The change continued the biggest restructuring on Wall Street ...

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

shorted at 106.71

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

i think it will go lower here short term but not sure how far. i wouldn't bet the bank. use your own judgment and be advised i might not do this myself.

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

these markets have a severe ugliness to them..

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

bloom

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

they could sell their shares sure and there would still be a mad rush to sell if the tides turn..

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

i thought they also stopped short selling on selected us equities.. also i think they did something in Australia and Russian markets closed all together for a period.

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

U.S. stock futures were falling Sunday night, a sign that investors are still nervous about the government's $700 billion rescue plan to resuscitate frozen credit markets. "The stock market going up and down is not what we should be looking at. We ...

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

20 pip stop loss is a good level. i thought about limiting my losses at that amount as well one time. i might do that. after 20 if it's not going well alot of times it will get much worse.

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

i shorted usd/jpy and profited and now in a second short. no price targets just going by the bid tone and feel. i might loose on this 2nd one and will jump out with short loss if so.. still waiting for uk/jp to rise to higher levels to possibly ...

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

actually if i was uk central banker i might raise 25 baisis points and hold to contain cpi. i wouldn't want the rates too close to the cpi to stay away from having negative rates of return but their logic is different and will likely just hold and ...

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

for sure the funda.. are very bearish for uk. but when they start to file out is another story. their holding onto their last hopes. raising rates is not an option but the cpi is way over cooked. when things tame they will be cutting and the price ...

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

sure it's not a problem. gives me something else to look at lol..

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

yeah it might be a long wait.. 201 is up there. i want to go long here but there's just not enough optimism in my book.. eventually will go down. i should have went long last week it was obvious then but now it gets tough..

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

i got 155.41 according to gft.

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

if this sucker makes a good run up i'm shorting but otherwise i'll be on the sidelines..

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

uk/jp looks to be fading.. maybe not so strong as we thought.. tough call call call..

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

anyone care to take a look at au/jp it looks overextended to me.

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

yeah i agree with you. i don't get involved in others arguments and if they attack me i just mentally ignore them. i think it's childish to argue back and forth. we can have different opinions even exact opposites without getting personal. needless ...

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

anything goes in this darn market. i think this uncertainty could continue into 09' as they twist and change their stance from their bad decisions.

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