Posts by "montmorency"

Also, do we think Governor King will be talking the pound up, down, or neutrally?

@Pipped: Here is some more anti-Goldman fuel, if you need it ...
http://www.thedailybeast.com/blogs-and-stories/2010-01-18/what-wall-street-really-fears/

I thought for a moment that Said was making a reference to Severus Snape from Harry Potter ...

"Chartus cras!" ("tomorrow's chart"...). I could use a little magic help.



Cable: Well, IF cable should tumble, from a purely technical point of view (and the older I get, the less I believe in TA, but be that as it may...), I could possibly see ~1.5900, 1.5830, 1.5700,
then (whisper who dare...): 1.5300.

(timescale, several weeks).

But this is very tentative, and is NOT a recommendation to trade (needless to say, really).

Trade safe; stops in; emotions out; money management in.


No magic was used, and no animals were harmed in the making of this call.

Rkkashmir: Not sure what country you are in. Spread-Betting is a relatively low-entry-level cost, high-leverage way of doing it in the UK and some other mainland European countries. Not available in the USA, and probably not outside Europe though (but I may be wrong). Not everyone in the trading world approves of spread-betting, but I know some professional traders who use it exclusively. It's the only way I have ever traded (not that that in itself is any kind of recommendation.......I am still relatively new at this business, which is, by the way, much tougher than it appears at the outset, which is why we need all the help we can get, and why Ashraf plays such a unique part.

@Ashraf: You are politeness itself. A lesson to us all.