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
Feb 17, 2010 9:24
However that 365 EMA (on 1H chart) _appeared_ to act like a resistance (at around 1.5804-6 in this case). Slighly overshot, then bounced right back - for the moment. While I continue to be skeptical about support/resistance, it's funny how that quite often happens.
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 17, 2010 7:50
40 more pips up in cable in 15 minutes.
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 17, 2010 7:49
Look at the fools bidding our friend Cable back to 1.5800. They love to bid this trash up leading into UK economic data so they can take 200 pips off after the horrible news is released.
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 17, 2010 7:28
1-1/2 months of short covering heading into April? Didn't know there were that many shorts out there. Many got creamed today, like Xaron.
speculator
Posted Anonymously
14 years ago
Feb 17, 2010 7:07
pipped off thats my opinion from here
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 17, 2010 2:07
@spec-"expect"? that's all today was, was short-covering. You don't sound so USD positive and confident anymore.

Hope you didn't get shaken out like so many weak shorts did today
speculator
Posted Anonymously
14 years ago
Feb 17, 2010 1:50
Expect some short cover rally for non-us due to risk bounce. despite what happens to risk we should get at worst gradual dollar appreciation into q2.
pipster
UK
Posted Anonymously
14 years ago
Feb 17, 2010 1:08
Pipped,

Sorry, to ask a silly question. What do you mean by layer additional lots to 1131.
pipster
UK
Posted Anonymously
14 years ago
Feb 17, 2010 1:02
Pipped are you going long??
chloethebull
Posted Anonymously
14 years ago
Feb 17, 2010 0:58
hey pipedoff, i might close out some position tomor morn incase ur right..if the eurusd is hitting 1.32 what is the downside for the gbpusd? i might buy some usdcad a bit if theres any weakness tonight don;t wanna miss out on that bounce,weres ur exit on usdcad(1.0700) or higher...gl thanks
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