Thread: GBP and JPY Pairs H1 2013

Originally Posted by straty01

Dude, I've been around for years, seen it all before. You nailed it regarding the market. The thanksgiving turkey also loves a trend, he loves people, they feed him every day, he even has a chart to show how his uptrend feeding cycle means his weight is increasing, its all good, the future is so bright I gotta wear shades.....

The bubble will burst. When and at what level, is the biggie? I won't stop learning though, 'The threat of a gov't shutdown, right after a rate increase, new highs resulted', this has to be journalized for the future. PG ask me two days ago, 'what affect will the shutdown have on USD?', i honestly didn't know. But guess what, I'll know how to answer that question next time around

Originally Posted by Paul Chin

Whoever the people who engineered all the bad things, or being cursed for possibly accidentally causing misfortune to others, I'm sure they are not accessing this forum, or even know they are that baddd.... but hiding somewhere remorsing their actions..., maybe at Hawaii beach ... or unknown House...

So who's long? I'm guilty of Long at 4405. Dare not tell, because Long at the High, may offend lots of people Definitely looks like it's Long, Long, Long to nowhere. And any attempts to short is punished. Reminds me of something the Euro head said some times back....

The trend is up for now in the EURUSD. It is becoming grossly overdone, and it will reverse someday soon but I wouldn't try to pick the top today. i do like some of the other EUR pairs short, some of the crosses like EURNZD might be better trades than EURUSD

Well, definitely there will be a reversal / retracement sometime later but the fact is that we are now in an uptrend... so buying on dips is not a bad idea (and with stop loss please).

Unless we are already holding a position this isnt a juicy level to buy... would be looking for a retracement to 1.435 ...wonder if it will reach there today.

Originally Posted by Mary R

Straty I agree with you on some of your points. Fundamentally the people who engineered the subprime mortgage crisis are the same as the people who engineered the Iraq war - arrogant, selfish, narcissistic egomaniacs. the reason I think there is hope for the US is that those people will be dead or out of power soon.

Yes, Mary you nailed it. There are people and power groups pulling many strings that we don't even preceive. No matter how much power and wealth they gather, time is their ultimate enemy. I try not to concern myself with those things as I can not effect them (wish I could), so I pay attention to the things to the things I can control.

One exception is that I cannot control this currency pair, but sure am loving the ride upward. Have 6 orders open, all at +300 pips plus, so wanting to cash them in, but patience is key, greed will kill ya. I'l wait for the change in direction and close on the downslope. 75% of something is better than nothing.

Originally Posted by Mary R

The trend is up for now in the EURUSD. It is becoming grossly overdone, and it will reverse someday soon but I wouldn't try to pick the top today. i do like some of the other EUR pairs short, some of the crosses like EURNZD might be better trades than EURUSD

Mary, you are one smart cookie. I always look forward to reading your view on things. You have a sober, no BS, balanced view. Thank you for sharing your thoughts.

I'm looking for a retrace to 14335/60. could be sooner than later to end the week for a fresh start up north again.

Originally Posted by mechtech

Yes, Mary you nailed it. There are people and power groups pulling many strings that we don't even preceive. No matter how much power and wealth they gather, time is their ultimate enemy. I try not to concern myself with those things as I can not effect them (wish I could), so I pay attention to the things to the things I can control.

One exception is that I cannot control this currency pair, but sure am loving the ride upward. Have 6 orders open, all at +300 pips plus, so wanting to cash them in, but patience is key, greed will kill ya. I'l wait for the change in direction and close on the downslope. 75% of something is better than nothing.

Wow you must have nerves of steel.

It has head butted that same ceiling for 2 1/2 hrs. surely it must give up & head down ???

Originally Posted by Ikee

It has head butted that same ceiling for 2 1/2 hrs. surely it must give up & head down ???

I have a feeling that instead of turning down it could up to 1.45 before the day is done ...just pulling from my experience of bull-era Fridays ...but I could be wrong ...may be we sill slide to 1.435 soon .... Basically we are in a limbo I would say, not a great level to buy ...tempting to sell but that could be an expensive experiment.

Take care friends and a good weekend

the pair is under manipulation and sooner it will fall sharply to under 1.40 . by then those who bought it now will lose their money .

Originally Posted by smartboy

the pair is under manipulation and sooner it will fall sharply to under 1.40 . by then those who bought it now will lose their money .

Same was said at 138.00 139.00 140.00 141.00 142.00 and 143.00 lol Who can say how far it will or won't go... nobody noes

oil prices is under huge manipulation and the price should fall to under $100 .

I live in the middle east , there is no conflicts or any fears regarding the producation . The huge jump in the prices based on manipulation . that is all .

be care full of a sharp decline .

Originally Posted by smartboy

the pair is under manipulation and sooner it will fall sharply to under 1.40 . by then those who bought it now will lose their money .

Methinks your right or maybe thats just wishful thinking. I'm short with 1st target at 1.4370. It's 2 am on OZ. I'm going to bed. Wot ever will be will be . Kaysarahsarah.

I'm interested in how the CFTC report is going to look. It's quite obvious the market is extremely long. All it will take is nice 200-400 pip pull back to get the ball rolling down hill.

Originally Posted by Ikee

Methinks your right or maybe thats just wishful thinking. I'm short with 1st target at 1.4370. It's 2 am on OZ. I'm going to bed. Wot ever will be will be . Kaysarahsarah.

He is right, here is the manipulation.

Breaking News: The ECB may raise interest rates 2 or 3 times by the end of the 4th quater. Via Squawk Box Europe on CNBC two nights ago! Until they dissapointby not raising the rates, assume small corrections like the retrace to 137.50 not a directional change would be my course of thinking. Last two or three weeks there was lots of talk of a top. Maybe 144 could be a top too, Anyone short long term, not while the ECB is talking like that.