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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montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 28, 2010 18:33
Bad luck @Chloe. Well I bailed out of my Gold short around 1086 .... and it carried on down to ~1073 *weep*. +ve pips, but not as many as it could have been! Still, it's impossible to get every pip out of a run except by sheer luck, IMHO. As one old trader I read about said "don't be greedy...leave some on the table for the other feller..." (or gal, of course). I think there is a lot of truth in that.


@Gunjack: Not in my very humble opinion, but I'll tell you, my stops are _well_ above 1.63 just in case.
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 28, 2010 17:49
Apparantly BP (British Petroleum) is no longer buying sterling as they did all day in London session to support their dividend.

Is BP part of the Goldman-backed Cable Cartel?
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 28, 2010 17:40
Lol, You'r probably riight. That's why they were crushing eur/gbp all Tokyo and London sessions.

Biggest white-collar criminals known to manking Goldman is.
Gunjack
London, UK
Posts: 1184
14 years ago
Jan 28, 2010 17:29
hey pipped off I bet GS prop desk had already dumped their cable before the S&P report came out...amazing how they are always one step ahead of every mkt announcement
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 28, 2010 17:25
Apparantly S&P does NOT share Goldman Sach's view that cable IS the Bastion of Safety in this world.

Tough one for the Cartel. They got caught long with a boatlaod of trash sterling. I'm sure they will be working offers on eur/gbp first chance they get.
Gunjack
London, UK
Posts: 1184
14 years ago
Jan 28, 2010 16:46
Cable holding the 1.614 level...the question is will it now turn and run up to 1.62 tmrw
zwan
qamishli, Syria
Posts: 25
14 years ago
Jan 28, 2010 15:49
thank you ashraf

1.7091 in gbp/cad good to buy ?

chloethebull
Posted Anonymously
14 years ago
Jan 28, 2010 15:37
hey ashraf ,given the s&p news is it safe to go long soon,or will this give way to further decline in gbpusd..i know 1.6100 would be better just not sure if we will reach it today b4 a bounce back to 1.6200...thanks
chloethebull
Posted Anonymously
14 years ago
Jan 28, 2010 15:19
tottally crewed myself on the gbp$ trade..lol..unbeleivable ...i need more patients..gl all
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 28, 2010 14:41
[Gols=Gold of course]
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