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Pirin replied Jan 30, 2008true
I wasn't arguing, just shared my opinion. Wish you lots of pips. Good Night 
GBP/JPY for QQE Traders!
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Pirin replied Jan 30, 2008I envy you.
I was waiting for this rate cut for 2 weeks to go short on gbp/jpy and that 60 green pips hit my tight stop loss and made me lose my confidence, so I stayed out and watched it drop as expected and awaited.
I don't have the iron ...GBP/JPY for QQE Traders!
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Pirin replied Jan 30, 2008Let me quote myself : " No matter where you put your stop loss at, it will be hit just before the market goes your way.
"GBP/JPY for QQE Traders!
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Pirin replied Jan 30, 2008I don't think that rate cutting is lowering the risk aversion. Especially when we are talking about surprising 0.75 and expected 0.5 cuts. That is only showing that the situation is really bad. Yes the stock market will react positively, they like ...
GBP/JPY for QQE Traders!
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Pirin replied Jan 30, 2008exactly, I thought the rate cut will be the trigger.
GBP/JPY for QQE Traders!
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Pirin replied Jan 30, 2008I still believe that we will experience a major drop in the gbp/jpy ... I'll wait till tomorrow, so that the monthly charts closes and if it closes below the 200 sma I'll execute another short order. Did you saw when the news came out how the price ...
GBP/JPY for QQE Traders!
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Pirin replied Jan 30, 2008I'll take my chances with shorting the gbp/jpy if the cut is by 0.5
GBP/JPY for QQE Traders!
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Pirin replied Jan 29, 2008We don't want to imagine what could happen if turbulence appears.

Cesarnc's market talk, gossips, rumours & fun
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Pirin replied Jan 29, 2008What's all this ban story anyway, did I missed something on the board ? caesarnc that was a beautiful story, you can publish it you know ... I almost fell asleep like a child as I read it

Cesarnc's market talk, gossips, rumours & fun
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Pirin replied Jan 29, 2008Isn't cutting rates going to influence the risk aversion, which would cause the carry trades to drop ?
GBP/JPY for QQE Traders!
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Pirin replied Jan 28, 2008I'll be following your journal Karmo, happy to see you back with us and wish you all the best

Karmostaji's Journal
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Pirin replied Jan 28, 2008I'm on probation. They said that if I come up with $8 billion until the end of the week I'll get the free card

Cesarnc's market talk, gossips, rumours & fun
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Pirin replied Jan 28, 2008You shouldn't question the power of the Bulgarian prophets
My glass ball tells me that gbp/jpy is going downwards. 
Cesarnc's market talk, gossips, rumours & fun
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Pirin replied Jan 28, 2008Talking about higher time frames. Take a look at the weekly and especially on the monthly. It's the end of the month so it can already be used. I'm taking my chances with the drop of gbp/jpy.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Pirin replied Jan 25, 2008I see this and next week as a retracement. On the weekly chart the gbp/jpy fell 2032 pips for 5 weeks in a row, and what we see now is the gbp using the markets calm to get a breath. The fact that BoE didn't cut the rates and the FED doing it with ...
GBP/JPY for QQE Traders!