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Eulogy replied Dec 11, 2008UJ getting pasted, below 90 now, prolly hit < 80 before this is over

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 11, 2008its making the EU climb even higher. Is there any news about the ECB buying a million yards of this?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 11, 2008Once again both EA and EN are approaching levels suggesting major crappage is either happening or is on the verge of happening.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 11, 2008wheres the link for the autobailout? From what i saw, all that's happened is that they are still working on the bill. Personally i think its more to do with the nikkei after lunch reopen with gap down
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 11, 2008you know whats strange thoughout this entire ranging time? EUR has rallied 8 days in a row against all other majors. Today, it's literally going through the roof.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 11, 2008The only thing that is startling me is the strength in GBP and EUR while the oceanic currencies are suffering. If you just take a look at the PA and Price levels of EA and GA, it would usually suggest great tankage action. Instead, its just the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 10, 2008lol i was more thinking along the lines that a new FX desktrader from a bigwig company misheard his teamleader and put in an order for 50 billion instead of 50 million
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 10, 2008someone got an explanation for this spike? I'm only seeing this in the GBP, none of the other carry majors are showing this.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 10, 2008because it's looking doubtful to pass in the senate
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 10, 2008lol neither do i, since that will most likely end all trade between the US and the rest of Europe, not to mention the effect on the rest of the world. an action like that will lead to war, but then again I'm not seeing much of a difference with the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 10, 2008direct legislative foreign currency intervention announcing an immediate floor price of Cable at 1.50
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 10, 2008ask away. no matter how much experience you have there is always more to learn. The only thing people universally hate here is arrogant posturing.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 10, 2008its being pricked up by the fact that people are liking the $15 billion given to the auto idiots as well as the Obama inspired and debt funded from who knows where will still give money to the US, congressional peanut gallery's potential $900 ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 9, 2008LOL don't knock the spanner
his lines in "The Castle" absolutely rocked. Had me laughing virtually every time he opened his mouth in that cracker 
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 9, 2008was there a point to this post? there seems to be a bull flag on the M15, however on the M5 i'm also seeing the beginnings of a bear flag. That ascending wedge though is kinda strange.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 9, 2008TP my previous short from 138.9 at 137.05 Not bad. If it does hit 140-141 i'll short it again there. Even so, the current movement looks bearish and any upmove remains sluggish. Of course the volume atm could make my immediate analysis complete ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 9, 2008I'm hoping for even more of a drop to come. the GBP has traded strangely today. Out of all the carry currencies this one has come out on top for some unknown reason today.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 8, 2008inverted shampoo invalidated i think with this drop
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Eulogy replied Dec 8, 2008I would usually agree but I really can't see the move from 133.5 - 137 then from 136.2 - 140.8 as impulsive. Impulsive carry swings are usually shown by a slow progression as more and more buyers become confident over time about economic prospects. ...
Auslanco - GBP/JPY and GBP/USD (newstrade)