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Clouds replied May 7, 2008Blame the Euro. Was the bad German news.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 7, 2008AJ is chopping wood right now, at recent highs, if it gets past that, I think UJ will take off to 106.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 7, 2008[QUOTE=ephisi;1987850] Nice work

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 7, 2008Hmm. Possible. That would be Germany selling for lower than market price. Could have been Tokyo bank buying for below the market price also. Could have been there was a lot of orders to be filled at 206, also. Don't know enough how it works, but ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 7, 2008
SL and Targets are same thing to them. Btw , cable news soon, and expectations low, so it's probably going be better than expectations.Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 7, 2008Everything is selling on round numbers right now. UJ, EU, GJ... maybe the banks got tired of counting pennies.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 7, 2008Not totally sure, but the UJ has strong support at 105.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 7, 2008Don't forget people. It's Japan's first day back, maybe they wanted 206, and when they go home, it will go back up....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 7, 2008Maybe the only bank willing to sell 50 Billion Yen wanted 206 gbp/jpy. I think it was just a large offer, and it will go up now.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 7, 2008A large offer made by a large bank wanted 206 very badly. That's why it dropped.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 7, 2008207? No, 206! 206.5? No, 206! Fine!
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 7, 2008I think every newbie, used 1 min, 5 min charts, and thought could just buy and sell in matter of minutes. At least I did.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 7, 2008Could go up to 209.3 and drop to 207.9, based on previous highs and lows. No TA used, just eye balling, 4 HR, (high expectations)
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 7, 2008Gotta love NZD honesty. NZ's Cullen, says New Zealand households under "serious pressure" and budget will prove our slowly economy. Would be nice if Bernanke, would say "We are poor as #$#% right now"
Cesarnc's market talk, gossips, rumours & fun
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Clouds replied May 7, 2008Not sure about eur/usd, but eur/chf looks like a good buy, if i had some extra cash

EURUSD
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Clouds replied May 6, 2008Dow's trend lately has been up. Do you know if Nikkei's trend lately has been up too, or down [edit] nevermind, found it. Up.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 6, 2008Well. Shorts should be careful. If it falls, I doubt it will fall much at all. The JPY crosses are very strong right now.
Auslanco - GBP/JPY and GBP/USD (newstrade)