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
 
ashhabiba
Giza, Egypt
Posts: 24
15 years ago
Sep 23, 2009 14:05
Hey M Ashraf
after BEO decision. What you think about GBP\USD
Thank you
D\Ashraf
EL Borini
Cairo, Egypt
Posts: 26
15 years ago
Sep 23, 2009 12:53
Dear Asheaf
Bank of England, after keeping the reform program on 175 billion Do you still believe that sterling will fall to 1.6060 ?
radu
bucharest, Romania
Posts: 203
15 years ago
Sep 23, 2009 11:55


Hey Ashraf ,

Do you still see the down trend channel on gbp/jpy ? and this ( up to aprox. 150 even 151- you said last date is possible a rebound to max 151.7 ) is just a corrective moving ? what you say ? it is feasible to see this pair 140 or maybe more this months ? can you give me , please , an advice about that ? i am still short on this pair...
Ashraf Laidi
UK
Posted Anonymously
15 years ago
Sep 23, 2009 0:47
Elshaer, Nobody is here intending to fool you or deceive you. And in this market, the true winners are those who can sustain losing positions beyond 1-2 days.

raulin, who told you market priced rate hikes in UK? their LIBOR is falling fast. yes, it looks like to factor higher QE later in year.

Ashraf
TB
Gold Coast, Australia
Posts: 7
15 years ago
Sep 22, 2009 21:32
EL Shaer

You have learnt a lesson in trading today! Technical analysis is only a part of the trading game. I am extremely cautious of technical levels and only use as a guide. You MUST understand the fundamentals and it was quite obvious to me based on the fundamentals that yesterday was only dip and great time to get back in and short the US dollar again! awesome gains today as we have all seen. you should also think about low leverage and different entry points therefore decreasing your risk, or using a hedge. Anyway, take responsibility for your own actions! you are the one doing the trading. One bad trade should not break you if you are in the 10%.
raulin
london, UK
Posts: 65
15 years ago
Sep 22, 2009 19:09
H Ashraf
3 questions really. Has the market factored into sterlings price an assumption that UK will be the first of US/EU zone to raise rates? Has it factored in an assumption of negative real interest rates on deposits and thirdly does it have factored in increase in QE that will be necessary to finance huge fiscal deficit?

kind regards
Raul
14raj
Kolkata, India
Posts: 210
15 years ago
Sep 22, 2009 15:59
Ashraf,
can GBPUSD give a close above 1.6394?
rajib
raulin
london, UK
Posts: 65
15 years ago
Sep 22, 2009 14:47
What I say may sounded harsh but there are a lot of big players in forex and oil who will chew up and spit out the little guy. eg euro/usd short squeeze yesterday and bullrun today they have enormous funds and sometimes these moves are just to take out the stops
Steven Blyth
London, UK
Posts: 148
15 years ago
Sep 22, 2009 13:15
El Shaer. Formulate your own opinion and strategy. Dont just buy and sell on others opinions. Cable may still tank depending on your timeframe.
raulin
london, UK
Posts: 65
15 years ago
Sep 22, 2009 11:59
El Shaer
I have mentioned this before but this is not a signals site. Don't risk your money until you know what you are doing. I can tell you for example that GS have a very different outlook for eur/gbp over next 3 months. Who are you going to believe ?. There are a lot of people here with opinions it does not mean they can read the future