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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Pablo
Bolivia
Posted Anonymously
15 years ago
Jan 18, 2010 9:47
Hello pippedoff

Will you short eu/gbp with the cartel if 8790 fails to hold.
rkkashmir
Posted Anonymously
15 years ago
Jan 18, 2010 9:47
pippedoff-it is clear you are short gbp/usd. Either place a stop order on your position, or close it and please stop cluttering up these boards. Cable has not broken resistance yet. There could be the formation of a short-term double top in gbp/usd.

It is clear cable is rallying solely on eur/gbp depreciation. That pair, however, is getting in oversold territiory. As there is no reason for euro to rally vs usd, once eur/gbp catches any bid, cable will suffer short-term sharp selloff as euro continues its nxt leg down.

We are in the formative stages of a broad based USD rally. Thesed things take time to develop, but once the momentum shifts to USD, don't worry, cable will be led to the sub-1.60 slaughterhouse.

Don't get overlevereadged or undercapitalize.

Good trading...
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 18, 2010 9:36
The Cable Cartel at it again, pounding eur/gbp back below 0.8790 in order to thrust their beloved cable to 1.6350.
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 18, 2010 9:18
euro and aussie in trouble now that gold has crashed back through 1135. What will the Cable Cartel do? Will they bid eur/gbp a bit to support euro, or simply let euro fall and continue to offer eur/gbp to pimp cable higher and higher.
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 18, 2010 9:04
The Cable Cartel continues pummeling eur/gbp since Cable cured cancer and solved the global economic criksis. The Cartel has decimated eur/gbp to 0.8785 in full support of an attempt to breakout their beloved cable.

This ENTIRE latest 150 pip move is 100% correlated to their manipulative destruction of eur/gbp.
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 18, 2010 8:42
The Cable Cartel doing everything in their power to knock eur/gbp significantly through 0.800 support. Euro down 8 pips on the day yet Cable up 70 pips all in thanks to the Cable Cartel decimating eur/gbp.
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 18, 2010 8:33
Cable Cartel preparing for next launch of cable through 1.6350 via breaking support on eur/gbp through .8800.
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 18, 2010 8:13
Chloe-no telling how hi the Eurpeans can bid their euro and cable trash with two European session to be traded before next U.S. session on Tueasday.

USD rally Ashraft predicted appears to be over, undon by the Cable Cartel's manipulation of cable higher through their relentless offering of eur/gdp.
PippedOff
Canada
Posted Anonymously
15 years ago
Jan 18, 2010 8:08
Nothing can stop the Cable Cartel in this illiquid market.
nzvik
Auckland, New Zealand
Posts: 225
15 years ago
Jan 18, 2010 8:05
mckinn
i agree with the bullish GBP call, but things are bit all over the place i.e. the moves are not looking very clean at this stage - so tight stops are important
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