I think I have a very good book for you (for free). If interested PM me as I don't want to spam.

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

Yeah I am sure Bloomberg had that in mind when posting this item lol

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

Don't kow if anyone of you has read this: url but typically that sort of news could trigger a Gbp collapse on the UK opening. Just thought I share it anyways as this may off set the supposedly 20% undervaluation of the pound story, that triggered ...

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

Just shorted at 154,72, seems we are topping out here...we will have to wait for NY session to see how it unfolds.

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

If you ask me still too high. I think cable ought to quote around 1.40/1.45 right now. Instead we are at 1,60. In due course however we will see the former mentioned levels and lower. Also eur/gbp should go to par, fundamentally spoken.

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

long term it's always fundamentals that play a role. The drop had all to do with decreasing interest rate differential and negative sentiment as the UK economy collapsed. UK bonds are now rated same as Latin-European countries.......(or they soon ...

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

Was actually referring to cable sorry and yes at 250 the UK economy wasn't (known) that bad as it is now and besides there was a much bigger interest rate differential between the two.

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

It keeps on going up. Whatever the charts tell us, I think that as long as the investment world really wants to believe that GBP is 20% undervalued in relation to the UK housing index, this thing will continue climbing until someone or something ...

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

hehehehe

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

If you have a half yard order at hand you ll move it 25 points, depends liquidity lol

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

Even if you are a pro you can not do that, although you may wish. The FX market isn't like a stockmarket. You can try to bring a ccy pair up or down, but soon enough you will find someone bigger than you. Only if you could arrange an agreement with ...

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

[quote=DMA Trader;2757460] I can't agree more!

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

Well I have my stop just above 151,50 so thought it is worth the try.....

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

Thanks! That confirms my suspicion. Shorted at 15125

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

Anyone any idea about the volume during this upmove in gbp/yen? Thank you.

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

I don't live in the US but do happen to know that it becomes harder and harder for Americans to have accounts overseas thanks to your administration. I do however know of one ECN broker that still does. Pm me for details as I don't want to be ...

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

Hi there, I am new in this thread, altough I have been following it for a while. I wanted to thank Malcolm in particular about his posts on VSA and recommending the book of Tom Williams, which I am reading now. Very interesting indeed. Although I ...

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