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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:

GBP

Discuss GBP
 
said
mulhouse, France
Posts: 2822
14 years ago
Jul 13, 2010 23:29
make it with luv.!
Posted Anonymously
14 years ago
Jul 13, 2010 21:39
lucky is in home waiting for my second baby expecting a boy better then watching forex i closed all my positions good luck every body
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jul 13, 2010 21:13
had some good luck as i tp cable short 14988 but didn't go long as my landlord duties called me...and had to leave.Could have made a one month rent in a few hours. Bad luck. But unlike station i am not convinced cable raises further thus i put two orders
stop buy cable long @ 15200 stop buy cable short @15122
after all eur and gbp are not really rallying but rather usd is sold off
Stationdealer
London, UK
Posts: 715
14 years ago
Jul 13, 2010 17:37
If theres any hope of Cable sell off it wont be before a test of 153 or 155 if we are even to think that 144 is achievable again.

As for pretty boy(Euro) who know if we get out of this deficit debate and before it really has to crash say in another 5 to 6 years maybe we may end of see a new all time high by all means who knows 180 maybe.

Cause the way people are chanting on crisis after crisis and trust me one will come after another then we might aswell call for dollar to crash and bond market default and securities to find more buyers from lower levels for longer term and commodities to stabilise unless we want a big global war.
Rkg
lon, UK
Posted Anonymously
14 years ago
Jul 13, 2010 17:31
Could not agree with you more.Stationdealer
Stationdealer
London, UK
Posts: 715
14 years ago
Jul 13, 2010 17:31
Pipster!


i see stupid people.




:)
Pipster
Posted Anonymously
14 years ago
Jul 13, 2010 17:24
Station

That is probably your best and most sincere post yet. Thanks
Stationdealer
UK
Posted Anonymously
14 years ago
Jul 13, 2010 17:16
Trouble is everyone is trying to look for what's or whose right on what, but that's nothing short of narrow minded thinking. When the markets are so roughened up and the as such policies are so screwed that even the policy markers are at the risk of getting it wrong. It seems even the central banks are at end of their wits, so they adopt the practice to allow financial institutions and market participants to call the shots and their happy to play along with them. At least it will be easier for them (CB) to let them just play amongst themselves (market participants).

LEARN TO LOOK FOR EARLY SIGNS OF A MARKET FAILURES

Other than losing money on uncertain recommendation daily and frequently, learn to play the market failures/breakouts/trend reversals/ or the big players themselves, and there and then go in big with a single position or a couple.

ALWAYS ALLOW ROOM FOR RISK IN YOUR ANALYSIS

Absence of black is not white!!!! Always remember that. Learn to hedge and learn some good strategies if you can from some experts. Market or Economic analysis are always good for placing your judgement in favour of the right trend. Dont always be too quick to judge no mater how short or long term analysis are deemed, market action always take its time to play and will only hit targets when the price is right for majority of participants. Over wise we will have one sided play.

LEAVE HOPES & PRAYERS ARE FOR CHURCH'S, SYNAGOGUES AND MOSQUES

Never rely on hopes and prayers for your price action to get you your price. Always enter and hold your position in the trend that holds more significances or is more recent (if it was significant) or is in line with any wider macro change. Only close those hedged positions that are suppose to be short lived and reopen again as soon as you get a good price.



These are just some of things that I wanted to mention here based on how markets have been for this year, or you would and should follow them even if t was any market conditions. People need to stop thinking like bloody economist, and if your traders just follow the analysis and take them as you see and nothing more. No need to sell you home, wives and kids and put all your money on that one particular bet. Your analyst can be wrong from time to time and that is only natural as markets are truly unpredictable. So allow that bit acceptance in yourself and in your trading format that would also allow your analyst the encouragement to do right again. Every one has the right to their give their opinion, but please only do so if you know what you are talking about. Or remain astray like most sheeple are.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 13, 2010 16:54
Anyone else see a massive spike down in cable around 16:40 GMT?
I wasn't in cable at the time.

There was a much smaller, but roughly corresponding jump up in EUR/GBP at a similar time.


Pipster
Posted Anonymously
14 years ago
Jul 13, 2010 16:20
Guys

Station - Looks like your right, but I had entered short already at 1.5144 hhhhhhhmmmmmmm


Guys - lets wait- My Stops are at 1.5215