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Ash replied Dec 4, 2007Tommorow's ADP Forecast is @ 50k, if it turns out to be negative (which is highly likely as unemployment is increasing) we might see UY go down and the Euro to back into the 1.48xx range. What do you think Cesar & Dutch Trader?
Cesarnc's market talk, gossips, rumours & fun
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Ash replied Dec 4, 2007I totally agree with you. We should get a preview (sense of direction) tomorrow with the ADP report.
Cesarnc's market talk, gossips, rumours & fun
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Ash replied Dec 4, 2007I would also agree, the Canadians, being liberal in a sense, cut rates whereas the British, with their stiff upper lip, are a little more conservative.
I do however see a surprise with the vote.Cesarnc's market talk, gossips, rumours & fun
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Ash replied Dec 3, 2007Thanks. I think I'll leave my AU Short open till tommorrow morning and see how the NY session takes this.
Aussie Pairs
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Ash replied Dec 3, 2007I wouldn't be suprised if we a suprise number on the downside for the GDP. What do you guys think?
Aussie Pairs
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Ash replied Dec 3, 2007You know Cesar, I can always count on you to brighten my day. May the pips be with you!

Cesarnc's market talk, gossips, rumours & fun
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Ash replied Dec 3, 2007Unfortunately it doesn't work that way (but then again if shit hits the ceiling, you can expect the big investors to start dumping the Yen). Don't forget, back in August, Iran asked the Japanese Government to be paid in Yen's.
Cesarnc's market talk, gossips, rumours & fun
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Ash replied Dec 3, 2007You know, the more power to you. If trading one currency works for you, great, if trading more than one on longer TF's works, that's also great. Whatever tickle's your fancy. Some like vanilla, some like chocolate. So, before you make assumptions or ...
Cable Update (GBPUSD)
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Ash replied Dec 3, 2007No, that's not being greedy but wise. Why would anyone want to put all their eggs in one basket?
Cable Update (GBPUSD)
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Ash replied Dec 3, 2007Right, (
) I had an interesting conversation with someone that said that the carry trades will be over. I said that even if the BOJ were to raise their rates to 5%, anyone will be able to find any currency that they will be able to carry trade. ...Cesarnc's market talk, gossips, rumours & fun
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Ash replied Dec 3, 2007You are absolutley right, it already has started and guess what, my buddy left the BOE and started trading forex. Only trades Geppy, can't get him to trade the Euro or anything else, go figure but for what's it's worth, he hasn't lost a single penny ...
Cesarnc's market talk, gossips, rumours & fun
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Ash replied Dec 3, 2007I spoke to a buddy of mine in the Uk who used to work for the BOE as an economist several years ago. He says that he doesn't see the BOE lowering rates but there might be suprises in the number of members advocating a cut versus those that want ...
Cesarnc's market talk, gossips, rumours & fun
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Ash replied Dec 3, 2007Yeah, I was thinking that if I ever went back to work for uncle Sam, I am going to ask to be paid in Euro's also.

Cesarnc's market talk, gossips, rumours & fun
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Ash replied Dec 3, 2007Let's not forget, he also stated that those homeowners who made payments on time, are not in default and or foreclosure. Not much of a help.
Cesarnc's market talk, gossips, rumours & fun
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Ash replied Dec 3, 2007A buddy of mine has four computers (doesn't want to drain the performance) and sixteen monitors. Like him, I need to able to look at the charts right there and then. Since I trade on daily TF's, less stress and the rewards are great. When you trade ...
Cable Update (GBPUSD)
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Ash replied Dec 3, 2007You are absolutely correct. I trade on fundamentals along with technicals to give good entry and exit points. For all I care, my position (not a small position in terms of $$$'s) can go against by 10,000 pips and it wouldn't affect me.
I don't no ...Cable Update (GBPUSD)
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Ash replied Dec 3, 2007Been short since 2.1085, patience, lots of it needed to trade on longer TF's, part luck, was at the right place, right time, otherwise, patience.

Cable Update (GBPUSD)
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Ash replied Dec 2, 2007Hey, that's not nice to say. Also, it is spelled "Dumb" unless you are utilizing slang which would indicate quite a bit about an individual.
Also, Happy Birthday Karmostaji! May your years be filled with peace, joy, happiness and pips!Auslanco - GBP/JPY and GBP/USD (newstrade)