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- scyang replied Aug 21, 2008
Don't forget the business investment number was pretty red.
Cable Update (GBPUSD)
- scyang replied Aug 21, 2008
News was mixed - one good, one bad.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- scyang replied Aug 21, 2008
Good chilling. Sometimes watching on the sideline can be the best strategy.
Cable Update (GBPUSD)
- scyang replied Aug 21, 2008
AUDUSD has hardly moved when eurusd ran just earlier. As soon as eurusd came down, it quickly turned on its tail. Any explanation why Aussie is so weak lately? Because people are uneasy about the rate cuts? So the prices won't really move any till ...
AUD/USD
- scyang replied Aug 21, 2008
Sure is like a war alright. There is a shouting match going on in the forum too.
Cable Update (GBPUSD)
- scyang replied Aug 21, 2008
And your reasoning? EURUSD has been running up, but AUDUSD not following. Not sure what that means.
AUD/USD
- scyang replied Aug 20, 2008
Good that you are finally back! How were the classes? If you see the CS are showing signs of bear exhaustion, is the whipsawing enough evidence to go short?
Malaysia
- scyang replied Aug 20, 2008
How much of a retracement are you expecting before we are headed down to 1.43/1.42?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- scyang replied Aug 20, 2008
I hope this current upward move will be a sustainable one.
Trading Aussie Jacko Style
- scyang replied Aug 20, 2008
Currency Trading on PDA — I can confirm that you can use PDA if you have an account with SAXO Trader. I have an account with them, and I can use both my old PDA running on Windows Mobile 2003 and blackberry.
Malaysia
- scyang replied Aug 20, 2008
What are you talking about? I don't see any sign of going up.
Cable Update (GBPUSD)
- scyang replied Aug 20, 2008
I don't mean that the UK would have a rate cut, but the market was anticipating a rate cut soon from the UK MPC, thus the big drop in cable. The market is very much a speculative thing. Buy the rumor, sell the news, or vice versa. It's nothing new ...
Cable Update (GBPUSD)
- scyang replied Aug 20, 2008
It's already a known fact that MPC had discussed rate cut, and that is why there was the huge drop in the last 2 weeks.
Cable Update (GBPUSD)