im just waitin for some sort of pullback maybe to 157.20 area so i can grab a long

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

the auction was 1h 45 mins ago, old news now lol, thats what caused the spike down at 6pm GMT, it wont effect anything now.

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

the problem is FF's "expected" number was completely wrong, the market "expected" over 600k hence under 600k is seen as good news.

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

it seems the market is taking it as good news as claims didnt go back above 600k after previous lower claims were due to seasonal adjustments rather than actual lower claims, up we go then.

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

still doesnt make any sense. if uj was weakening the yen then surely eurjpy would not be sitting at its lows. the only explanation for that would be if gbpusd was keeping a bid on gbpjpy, but it isnt as its also within 20 pips of its low for the ...

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

im actually getting sick to death of this pair now. GBPUSD is near its lows, EURJPY is near its lows, gbpjpy is 170 pips up from its lows and looks more likely to hit 162 than 152!!!!!! how the HELL

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

nah break even would be 154.55

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

oh NOW its dropping, after screwing me over the whole day. I took a short from 156 and im going to hold this sucker until 152.50 at least! ok maybe not, closed at 155.47 when it failed to break that 155.35-40 that its now stopped at 4 times

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

im thinking down like most (which is probably why itll fly up like a rocket) but geithner is speaking in 45mins and i doubt hes going to say anything to send things crashing as they generally say more encouraging things these days, so he might say ...

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

place ya bets on how long till that gets banned? lol

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

wots it doing its going up! DOWN damnit!

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

well it doesnt seem to be dropping after the big spike down, come on damnit down you go!! down down down! ok here it goes

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

creeeeping up and up. maybe anticipation of better than expected consumer confidence. im gonna wait till it comes out then see, if they are opening longs they may know something we dont, or they are trying to trap people into longs before shorting ...

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

people can be as bullish as they like but the facts are, stocks have been flying for 2 weeks as if recession is over, and the yen crosses simply havent followed, there obviously hasnt been much buying interest, if theres no buying interest then its ...

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

i have been thinking this as well, eveyrthing flying up, created a nice big bubble and it wont take much of a pin to pop it. hopefully it tanks back to 152 at least.

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

much better than expected housing sales. looking like the answer was 158 instead of down.

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

well s+p opens and its worse movement than before, up down up down up down up down up down up down up down up down up down up down up down up down up down up down up down up down up down up down up down GJ average range is 300 pips, its done 200 so ...

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

crappy movement at the moment? seems to just be whipsawing al over the place with no clear direction either way. guess they are waiting for the news in an hour

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

it does look like shorts being filtered in on these up moves at the moment and after the s+p rally last week i can see it easily giving up some ground now. i think short term bias is short for now

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

and there it goes. i did warn you

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