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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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Ashraf Laidi
London, UK
Posts: 0
15 years ago
Feb 5, 2010 1:51
simao, i dont advice beginners to get in positons before big reports but it would have BEEN better to buy at 15740 which is closer to that support. So go ahead.

lilgeo, use that 1123-35 resistance as a stop.

Ashraf
lilgeo
United States
Posts: 13
15 years ago
Feb 5, 2010 0:44
Ashraf

i'm am looking for the 1040 target in gold does do you have any idea how much of a retracement we can expect

thank for all of your insight
simao
casablanca, Morocco
Posts: 51
15 years ago
Feb 5, 2010 0:11
hello all, i am buying cable from 5770 and my target is 5850, it's possible he will touch this under the NFP and thnx :)?
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 4, 2010 15:10
Goldman - 1.5767 AND SINKING.

Goldman, should i buy your sterling at 1.6450 two-weeks ago?
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 4, 2010 15:00
Has anyone heard from Goldman Sachs lately?

What's their latest call? I want to go contra to it.
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 4, 2010 11:43
It looks as if the Goldman-backed Cable Cartel has been dissolved (for now). Goldman loved cable at 1.6450 two weeks ago. Now not a peep out of them now at 1.5830.
Tanvir Ansari
Michigan, United States
Posts: 11
15 years ago
Feb 4, 2010 3:06
Callum,

No matter what you do, you can always make money and you can always lose money. Generally Banks make money, and individuals lose.

I have noticed that, every one says that trillions of $'s are traded everyday, but those are leveraged money. This is a very new market and there are not really too many traders. The software you install on machines track every cursor movement and has sophisticated intelligent software that calculates how to maximize your losses and bankrupt you.

You are fighting with computer software, chances are there that you will succeed sometimes, but it will take you out all in one shot if you do play in leverages even cautiously.

Goldman or No Goldman, it does not matter. It's gambling and you may win in gambling, you must be lucky.
Callum
Singapore, Singapore
Posts: 179
15 years ago
Feb 4, 2010 2:30
PippedOff, therefore, do you think GBP/USD is a good long at current low 1.59 for a short gain of 50-100 pips leading up to 1.60? I would think that the GS folks know the UK's interest rate commentary also, and could rally the GBP/USD
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 4, 2010 2:14
Benny-the Goldman-backed Cable has the deepest pockets around. They know what is going to happen BEFORE it happens. They only tell the public what they ere bidding on or offering AFTER they've front-ran. They are back pounding the offer of eur/gbp to bid up sterling towards 1.60.
benny
sydney, Australia
Posts: 21
15 years ago
Feb 4, 2010 1:26
@ montmorency: thanks for the link! one more question how long the eur/gbp stay withing 0.88 - 0.86 range ?

@pippedoff : whats your prediction on eur/gbp high - low for february 2010? TIA(thanks in advance)
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