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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chloethebull
Posted Anonymously
15 years ago
Nov 23, 2009 13:11
also hmmalik, in less than 30min there is canadfian retail sales coming out ..looks to be showin a bit worst that mth previous if its better than expected the usd will drop further but if its worst usdcad will prob recover...i think i said that correctly so gl ...
joo
london, UK
Posts: 22
15 years ago
Nov 23, 2009 13:09
Thanks Kidwai.
chloethebull
Posted Anonymously
15 years ago
Nov 23, 2009 12:56
hmmalik..just make sure your acct is in good standing an wait or the bounce back ..it should happen..if u can afford it mayb add more to it..i don;t sell an take a loss i wait for it to recover..also how big is ur position,i buy mine in 50k block an spread them out every 50-100pips..but that depends on how low usdcad is @ the lower it is i tend to buy every 50pips..not sure if the right way to do but im making good $...good luck an look forward to reading ur trading style an by no means am i a pro only been trading forex about 6mths so if any1 has advice on my trading please advice always open to suggestions
kidwai
karachi, Pakistan
Posts: 77
15 years ago
Nov 23, 2009 12:42
Hi Joo how are u i think the cabel i s going towards 1.6280.Trying to make a force to go to downwards and like our Head Mr. Ashraf Told us that its going to 1.6280 so its by Willing of GOD.
Thanks
Best Regards
joo
london, UK
Posts: 22
15 years ago
Nov 23, 2009 12:19
Hi Ashraf,how are you? Do you still think GBPUSD will still go towards 1.6400 or 1.6280 as you mention on friday. it is now 1.6615.Your views are much appriciated.Many Thanks.
hmmalik
Toronto, Canada
Posted Anonymously
15 years ago
Nov 23, 2009 12:15
xaron
what should i do .it is now 1.0582


hmmalik
asad
London, UK
Posted Anonymously
15 years ago
Nov 23, 2009 12:09
Ashraf,

It's interesting to note that the market reacted largely to Iran's war games this morning (& a little bit to the USD weakness). Dpn't you believe that the market's just looking for excuses to sustain the momentum? If this is true, then surely it's not a good sign.

Oil, surprisingly, didn't react AS MUCH to the Iran news as one would've expected (or else the market is awaiting the awakening of the US traders). Another sign that the price would've collapsed otherwise!

The impetus seems to be rumors (otherwise the markets had been predominantly weak for the past few sessions).


Asad
Xaron
Munich, Germany
Posts: 528
15 years ago
Nov 23, 2009 10:27
Hmm... I sold at 1.0685. Why did you bought up there?
hmmalik
Toronto, Canada
Posts: 9
15 years ago
Nov 23, 2009 2:54
Dear Asharaf

i bought usd/cad @1.0715

now it is 1.0655

would it go back 1.0730?

hmmalil
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Nov 23, 2009 1:22
nzvik, how many of these shares were buy and sell orders? we should see the last of these heavy trading days as we go into post-thksgivinbg period, which marks the official of the "holiday" trading period. Thksgiving week has also proven to show sharp moves in FX.

Celtic, aussie is waking up against GBP but i wouldnt call it having pummeled GBP. it's just a retracement. If stocks take a fresh dive, i would NOT expect anhy major gains in Aussie. Also watch GBPAUD possibly showing a case of higher lows, which can be bullish.

Ashraf
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