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- MMTom replied Dec 28, 2007
I knew I should of gone short on the GJ .... I'm such an idiot ... 170 pips that I've missed Guys I do not think that there are going to be any positive news for the GBP in the short term, the retail sales are the only thing that is holding the ...
- MMTom replied Dec 28, 2007
You really mean that ? I was looking for a nice peak for going short...
- MMTom replied Dec 28, 2007
I too think that it is the most possible scenario and that would form a reversed head and shoulders pattern on the daily chart.
- MMTom replied Dec 27, 2007
It used to be a nice forum, what did this turn into ?
- MMTom replied Dec 26, 2007
No. Don't worry about that. You can lose only what you have put on the table, just like in poker
- MMTom replied Dec 26, 2007
That's how it looks on my screen :
- MMTom replied Dec 26, 2007
Is there hope for the GBP ? — 1. Is there light at the end of the tunnel for the Pound ? Technically I see it reaching 229.50 - 223.00 area, but fundamentally I expect another rate cut on the 9th of January which should drive the Pound at ...
- MMTom replied Dec 24, 2007
same here, see you guys on thursday.
- MMTom replied Dec 21, 2007
Please share your views on the follow-on of GJ. I personally think that reaching the daily 5 sma will be the end of this rally and the downtrend should continue afterwards ... retail sales 0,2 % before Christmas is nothing special and it doesn't ...
- MMTom replied Dec 21, 2007
I meant placing a sell order at 226.28 which can be triggered by positive retail sales, if the GBP reaches that point ... it could of been the long awaited retracement to the 5 sma in GBP/JPY I'm bearish on GBP/JPY after the rate cut and the MPC ...
- MMTom replied Dec 21, 2007
Looks like an appropriate time to set a sell order that can be triggered if the retail sales are positive
- MMTom replied Dec 21, 2007
No question about that. The only thing that can put the negative GBP trend on hold at the moment are positive retail sales, if they are worse than expected it will be a volatile Friday.
- MMTom replied Dec 20, 2007
So ... the trend depends on the GDP ... let's see what comes out
- MMTom replied Dec 20, 2007
Breeze, I'm long too, mainly because I think the GBP is oversold at the moment, but do you really think that TP @ 231.00-233.00 is possible in the near term ?
- MMTom replied Dec 11, 2007
Please share your views about the falling euro ? will it break through 1.4664 support or is it appropriate to go long because of an undervalued euro ?
- MMTom replied Dec 11, 2007
Who's that guy ? First he wants to throw bombs over the US than he is insulting members of the forum ? how about a ban ?
- MMTom replied Dec 11, 2007
I wouldn't trade the news, not because I think the 0.25 are already priced in, but because you never know what Bernanke would do ... he is unpredictable.
- MMTom replied Dec 8, 2007
I am sure that the euro will continue its rally, it has always been a stable currency and everyone is expecting a rate cut from the FED on Tuesday.
- MMTom replied Dec 6, 2007
Does anyone consider going long on eur/aud ?