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Pirin replied Mar 18, 2008That is too risky, they do indeed have the 4h chart on their side. Not a strong bullish movement so far, I think we all agree on that, but who knows what's coming until the end of the day
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Pirin replied Mar 18, 2008
From the very restrained movement that we observe we can draw conclusions that there aren't many bulls out there. I was thinking of shortening the pair at 198.78 but now I don't think that they have the power to take it there. Will probably place ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Pirin replied Mar 18, 2008
I totally agree that we have bullish patterns, I saw them too in my charts of course. The question is only how far can a CPI Report take a currency pair when a 1 % rate cut from the FED is expected in 9 hours.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Pirin replied Mar 18, 2008
I must confess that my opinion differs from yours guys. As I am only looking at proper levels to short the pair ... I am really surprised that Auslanco is bullish on the pair too ... may be I should reconsider where I am standing at right now.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Pirin replied Mar 17, 2008
Oh yeah, I remember he mentioned something after missing a while and showing again on the forum. Must of slipped my mind
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Pirin replied Mar 17, 2008
Whaat ? He is getting married ? "And me has no invitation ?"
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Pirin replied Mar 17, 2008
It has been definitely one crazy WTF day
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- Pirin replied Mar 17, 2008
You really want to go that way ?Auslanco - GBP/JPY and GBP/USD (newstrade)
- Pirin replied Mar 17, 2008
The central banks will do something or the eur/usd will be 2.00 by the end of the week.
Auslanco - GBP/JPY and GBP/USD (newstrade)
..... - Pirin replied Mar 14, 2008
Why is that ? Can't they wait until Tuesday
Auslanco - GBP/JPY and GBP/USD (newstrade)
But why stop now ?