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Clouds replied May 8, 2008Sorry, i know this GU GJ thread, but doesnt GCad look dreamy? Cad being bearish, G being bullish. Has already gone up 350 pips with many more to go. Any opinions?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 8, 2008Hi OrionsWay. I see you are bearish CAD, and bullish GBP, GBP/CAD buy? What do you think?
Gann Analysis
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Clouds replied May 8, 2008Oh MY . GBP/CAD sure can move. 750 drop
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 8, 2008Yeah i think so, G should be bullish, and Yen and USD are just playing games. But, if it breaks that level, it could go down.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 8, 2008202.5 is pretty strong support, it's held for since NY open. So has 1.95
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 8, 2008I see it's at 202.5 again. For the 4th time.

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 8, 2008Just bought CAd/JPY ,,its supposed be like oil, it retrace
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 8, 2008If you compare any carry trades, like AJ , EJ, GJ, they all basically fell in 2007. However, USD has depreciated for the last 7 years. You say GJ to fall to 150, but if you look at AJ on monthly, it's held up well, do you think that all carry trades ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 8, 2008Why were carry trades doing so well up until 07'? What changed then?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 8, 2008Thanks. So when the stock market is + , that means, lots of banks are borrowing yen, then exchanging yen for us dollars, (causing the carry trades to go up ) and then spend it on stocks, and it drives up the costs of stocks?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 8, 2008Maybe you can answer this for me. Why does the stock market move the currency market?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 8, 2008Ok. The move from 198.16 to 209.07 was 1091 pips. If this down move was a 50% retrace, it would come into about 203.61. (Which is close to where we went, but not exact, as nothing is.) Any thoughts?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 8, 2008OPEC comes out say 'Oil producers trouble finding buyers with extra supply. No shortage at all of oill.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 8, 2008I get funny feeling market is confused
Cesarnc's market talk, gossips, rumours & fun
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Clouds replied May 8, 2008Clouds <- Goes back to buying Euros
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 8, 2008Ok, everyone is done making a quick buck off Long the Euro, things should be now back to normal for the crosses.
Auslanco - GBP/JPY and GBP/USD (newstrade)