Posts by "carlco"

very interesting day today if gbpaud can hold 17350 as a support level i am of the view we are likely to break higher out of the top trendline resistance level thats been tested several times these past week or so.
Any views as ever greatly appreciated.

usdjpy breaks dec09 lows, wow looks like nothing can stop this rolling stone now. great cnbc interview.

i think what im trying to say is it's a LOT of pips to lose/win from the may low to the july high of the gbpaud. The trendlines seem to be converging in on or around 28-30th august, im just very excited about the potential break out of this pair, strangely looking at audusd does look like a short to me :) (i'm just thinking outloud here..more dollar weakness and pound strength ahead perhaps with commodities strengthening from renewed non oec / bric's nations??)

@ashraf.... not to forget also the relative weakness in the dollar which is oil positive, the promise/threat of more fed intervention if economy stalls or if things get better, either way this is $ negative right?
Im no expert on anything but isn't the basel 3 agreement for capital tier ratios just another way of admitting the waste pipe is blocked full of toxic *&@p and that the plunger of fed easing hasn't worked so now the banks waste pipe is being widened for them to flush even more wate down them in future?
heres the ft link on the matter. http://bit.ly/cal8mN

yes i read ALL your tweets and file all your IMT's in its own special IMT folder.
AUD and CAD just seemed to hammer the GBP today, it just felt like a lot of pips. compared to the eurgbp gain and gbpusd drop.