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
 
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 12, 2010 18:01
@chloe-the "you-know-who" is doing their thing, so I picked up some usd/cad at 1.0518, with more bids layered to 1.0450. I believe oil prices will be declining into the mid-to-low 60's.

I have open orders to sell gold at 1097.8. I will short aussie if it makes it over .89, would like to get it at .8925. I am holding off euro because of announcement regarding Greece next week and the eur/gbp pair is back below 0.87 which to me makes gbp/usd a better short candidate.

However, since US markets are closed Monday, it gives an opportunity for stops to be run in illiquid conditions. So I am staying out of euro and gbp until start of next week Asian session, unless somehow euro gets over 1.37 and gbp over 1.5740.
chloethebull
halifax, Canada
Posts: 1183
15 years ago
Feb 12, 2010 17:26
pippedoff, i just grabed a small position of gbpusd @1.5670..hope to squeeze in 1-2 more trade for the week an if usdcad drops below 1.0500 i;ll grab some but close out b4 days end ..not the best week but im sure at the end of mth i reach my goal..gl to every1
Rob
New York, United States
Posts: 305
15 years ago
Feb 12, 2010 17:07
@montmorency - I'm in the same boat - strange dollar weakness today...though perhaps it deserves a little correcting after the Asian and EUR session. Hoping to hold this until 1020, perhaps 1000. I think 1020 was Ashraf's most recent call, and he definitely called 1040.
Mojo
Arizona, United States
Posted Anonymously
15 years ago
Feb 12, 2010 17:01
This whole rant on Goldman is getting a little long in the tooth. Enough already.
montmorency
Abingdon, UK
Posts: 610
15 years ago
Feb 12, 2010 16:56
Gold has hit 1090 already in the last hour or so. I was a bit too impatient and got in short too early as usual. Hope that trend-line resistance holds....a recent Twitter was calling possible 1067, so let's see...



PippedOff
Canada
Posted Anonymously
15 years ago
Feb 12, 2010 16:43
@chloe-I am staying flat for the rest of the day, unless the Goldman-backed PPT intervenes and gooses the spoos and bids aussie, euro, gbp and gold right back to where they came from. I took what I could get on my usd/cad long, and look to pick up some more next week below 1.0500 perhaps.

GOLDman is like Ashraf's ol' friend Aud/Jpy-"the gift that keeps giving".

@bojan-welcome to the club. It's all about helping each other make $$.

@coolshades-it's just not the GOLDman-backed PPT, even the SNB was intervening today (third time in three weeks).

@everyone else-Ashraf and his up-to-the-minute tweets make mega-$$ for us. He had mentioned the possibility of China tightening a few times this week. That's why I took advantage of that forty-five minute ram-job by the Goldman-backed PPT in the spoos yesterday, and shorted euro, cable, aussie and a HUGE POSITION in gold-everyone one of my limit orders was filled for a 50% account growth today alone. Of course I left some $$ on the table. However, in these markets with all sorts of interventions seemingly aoccuring daily, I am glad to let others fight for the remaining scraps. All pairs and gold are now higher, thanks to the SNB and GOLDman-backed PPT/Cartel interventions.
coolshades
UK
Posts: 53
15 years ago
Feb 12, 2010 13:36
pippedoff, whats with you and goldman? its boring now.
chloethebull
halifax, Canada
Posts: 1183
15 years ago
Feb 12, 2010 12:18
sorry bojan, when ashraf is bizi an cannot help me out i assk pippedoff for his opinion(and others)sorry to clutter the board up..have a nice day
bojan
Arizona, United States
Posts: 111
15 years ago
Feb 12, 2010 12:14
chloethebull & PippedOff


for a moment I thought i was in your guys e-mail box, than i checked web address and it said ashraflaidi.com
chloethebull
halifax, Canada
Posts: 1183
15 years ago
Feb 12, 2010 12:05
hey piped, u interested in any usdcad pullback befor the cad an us data?also ashraf suggested i look into capping any bounces in gbpjpy @ 140.80..i was unclear on weather it was a long position closed @ 140.80 or a short call@ 140.80...thanks