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- metlife777 replied Aug 14, 2008
the current GBP fall is in correlation with gold down in general but gold was like broad leading indicator let's watch out next move of GBP when gold turned bullish again or move more down
Auslanco - GBP/JPY and GBP/USD (newstrade)
- metlife777 replied Aug 13, 2008
U.S. stocks fell for a second day as earnings from Deere & Co. disappointed investors, retail sales declined and Merril Lynch said that the collapse of the subprime mortgage market is far from over. A government report showing a jump in import ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- metlife777 replied Aug 13, 2008
GENERAL OVERVIEW: last two weeks for major currency pairs like EURUSD, AUSUSD have been extraordinary in many points; for example, AUSUSD: the fall of seventh consecutive trading day occurred only 8 times in 10 years and 13 days in 14 daily sessions ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- metlife777 replied Aug 13, 2008
you can see it from your charts because it shows move from negative to positive correlation with 10 year period, specifically GJ moved over 70% within 2007. this year is something to prove whether GJ shall match gold with higher than average ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- metlife777 replied Aug 13, 2008
GJ has shown an increasingly intense correlation to gold prices since 2000
Auslanco - GBP/JPY and GBP/USD (newstrade)
- metlife777 replied Aug 12, 2008
Gold correlate positively with CHF more then any other currency; that shows turning point for Gold to move up and CHF shall follow
Auslanco - GBP/JPY and GBP/USD (newstrade)
- metlife777 replied Aug 12, 2008
excellent strategy when you ask God for help in prayer

Auslanco - GBP/JPY and GBP/USD (newstrade)
- metlife777 replied Aug 12, 2008
OK, the background: all fundamentals and current state of world market absolutely unbalanced in all terms; USD is in position to make a HUGE drop in value; GJ behaves subsequently; GBP correlates positively with Gold and J is opposite when USD drops ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- metlife777 replied Aug 12, 2008
Equities: Falling oil price not able to stop a retreat in US equities today as financials weigh too much on the negative side. SP500 and DJIA down ard 1.15 % at 1,290 and 11,646 respectively. Nasdaq100 down 0.15 % at 1,941 . Bank of America and ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- metlife777 replied Aug 12, 2008
that is a distribution law of quantum mechanics
Auslanco - GBP/JPY and GBP/USD (newstrade)
- metlife777 replied Aug 12, 2008
I don't use stop loss because it is demo and I'm testing other indicators too; btw is only very little fraction of my equity and I'm holding it just to add more now that it's the test of other type of strategy, I made 400% in less then a month on ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- metlife777 replied Aug 12, 2008
I'm holding that position and will add more within couple of hours because it is a buy time now

Auslanco - GBP/JPY and GBP/USD (newstrade)
- metlife777 replied Aug 12, 2008
let's watch out change in sentiments within tomorrow
Auslanco - GBP/JPY and GBP/USD (newstrade)
- metlife777 replied Aug 12, 2008
that is my timing calculation
Auslanco - GBP/JPY and GBP/USD (newstrade)
- metlife777 replied Aug 12, 2008
there is a 1/3 probability that GJ shall go down to 205.80 but in any case tomorrow is a bullish day IMHO
Auslanco - GBP/JPY and GBP/USD (newstrade)
- metlife777 replied Aug 12, 2008
no, from 207.12 GJ will move up to 221 area IMHO; just few hours left to start the rally

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