Forum > View Topic (Analytic)
by Ashraf Laidi
Posted: Nov 18, 2008 3:15
Comments: 1310
View Analytic
This thread was started in response to the Analytic:

GBP Trade Index 18-Year Chart

Daily GBP (British Pound) chart of 18 years of cyclical developments in finance & politics
 
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PippedOff
Canada
Posted Anonymously
15 years ago
Jan 19, 2010 3:16
The Cable Cartel are greedy-won't even permit the Almighty Cable to test waters below 1.6400.
chloethebull
Posted Anonymously
15 years ago
Jan 19, 2010 3:06
i wonder if us marketswill continue fri selling ,markets been due for a proper correction..hopfully we get it..gl
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 19, 2010 2:56
Euro could be a difficult short in here if The Cable Cartel is done offering eur/egp. That pair has been decimated for 240 pips in eight trading days by the Cartel. Should it catch a bid, it could be very difficult for euro to sink.

Perhaps a better play is long usd/chf?
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 19, 2010 2:54
chloe-now both usd vs cad and chf getting bids, aussie getting spanked now
chloethebull
Posted Anonymously
15 years ago
Jan 19, 2010 2:50
ya its time to wait it out,sooner or later it will run.,remember what ashraf was sayn about usdcad 1st to stabilize, to me it looks to be doin that...time will tell..gl
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 19, 2010 2:39
Chloe-signs of life for u/c.

Of course it is all noise, as the pair will be driven by the the outcome from the Canadien Central Bank later today.

BTW, eur/gbp now at 15 month lows
alexforex
Florida, United States
Posts: 10
15 years ago
Jan 19, 2010 2:24
maybe 1.6478 - 1.65 area... a couple of interesting fib levels there
alexforex
Florida, United States
Posts: 10
15 years ago
Jan 19, 2010 2:09
ok so is it time to short the cable?...my quick EW analysis, we are in wave 5 on a move from 1.59 which should be topping soon, getting ready for a pull back. And since its sounds like the towel has been thrown in on any cable short trades maybe now is the time to consider it lol.
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 19, 2010 1:57
We have just seen the 5th gap-up on the 1 minute chart for cable in asian session
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 19, 2010 1:16
it was known about 12 hours ago.
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