hopefully its not something like, phone up your local congressman and say you support the bailout plan.... or we'll shoot you, and your family.

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

the 10 yr bond yield is moving all over the place. 7 bps range in 1 hour simply isn't heard of

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

Just got the popup on my screen at work. ASX market opening phase delayed, from 2min 15sec to 4min, causing the full opening to be about 10 mins delayed.

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

i thought so too. as far as i know China stopped interbank lending to wall street

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

VIX has hit all time high 46.72

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

i guess he hasn't seen the movie too

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

you mean red october

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

mktjong, mostly agree, only difference.... i'd say Majority of politicians are proud, arrogant and short-sighted. Alot of them are also idiots too. USS crapper forward

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

lol TP'd 650 pips here. 1 swing seems like decision time yet again for GJ bias down. Daily Chart ZMACD crossed down since last thursday Full Stoch about to cross down just underneath the 80 mark QQE about to cross down PA below daily gann. If this ...

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

Its not just about the direction but also how quick the movement is in that particular direction. UJ Down GU Down EU Down translates to USD falling against the JPY however the GBP and EUR is also falling, and in this case, at a faster rate than the ...

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

All Asian session major indicies are in the red. If the US don't pass it by US open later on, then most likely we'll see more red.

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

well i'm targeting 190 so yeah, around the same.

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

don't be fooled by that chart mktjong, overall trend may be the same but that is like saying the directions of the Cycle waves are the same. 2-3k pip swings in either direction can take you out if you're not careful with your bias.

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

long term there may be some correlation if you are able to smooth the JPY graph out however, the fundamental property is that for the moment CNY is still maintained on a partially controlled peg to the USD, so pretty much even if the CNY is ...

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

how did you make the connection that CNY and JPY are positively correlated?

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

because we think that last fridays 10 min 200 pip spike was caused by traders factoring in the full 700 bil package. anything less will cause jitters in a possible carry return.

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

ok heres a few more questions. How many times in history has this Act been used? Whats the chances that Bush would so something so controversial right at the end of his term?

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

i agree. Bush with his speech has literally tightened a noose around his own neck. If the package goes through quickly preferrably by end of today then the rope is cut. If nothing is agreed on the chair will be cut out from under him.

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

Its because Bush has said in a brief statement outside the WhiteHouse that the bailout will be done. Not sure how he can promise that though.

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

was there news? that spike is not natural.

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