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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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said
mulhouse, France
Posts: 2822
14 years ago
Jan 5, 2010 12:39
RAJ
IF I DONT MISTAKE A MARKET FORCE ARE ACTING THROUGH MARKET MAKERS EVEN IN THE FOREX MARKET.
14raj
Kolkata, India
Posts: 210
14 years ago
Jan 5, 2010 12:34
SAID,
Not getting you properly...can you please explain the thought please....
Rajib.
said
mulhouse, France
Posts: 2822
14 years ago
Jan 5, 2010 12:24
HI RAJIB

JUST WAIT THERE IS ANOTHER MARKET FORCE COMING WITH GALACTUS;

SAID
14raj
Kolkata, India
Posts: 210
14 years ago
Jan 5, 2010 11:49
Ashraf,
Just initiated a small long in GBPUSD at 1.6010. can we expect some bounce here for 1.6400 range?
Regards,
Rajib.
rkkashmir
Posted Anonymously
14 years ago
Jan 5, 2010 8:28
I just read GBP/USD it's last rights as to my delights the EUR/USD bulls took off a cool 100 pips from cable in an hour in desperate support of EUR through their boy toy EUR/GBP.

LOOK OUT BELOW!

No one wants to be short $USD leading into the Friday NFP. This "fake" "selling" of the $USD was simply to shake out stop orders.
rkkashmir
Posted Anonymously
14 years ago
Jan 5, 2010 8:02
Amazing action in early Europe session. Bull-trap in EUR/USD has bulls caught long and wrong. So they are desperately supporting EUR/USD through their BOY TOY EUR/GBP, pounding it to higher highs trying to shake of the pending and dooming resumption of fall of EUR/USD. They are so desperate short-term to support EUR/USD that they are crushing last weeks Playmate of the Week GBP/USD. How quickly they forget when all they do is move the Jell-o from one pair to the other.

What is truly amaqzing in their quest to support EUR.USD is even a sgarp pullback in AUD and NZD won't deter the EUR/USD longs from using tgheir boy toy EUR.GBP to suppoort their beloved EUR/USD long they overpaid for. Instead of simply throwing in the towel, admitting they were wrong goign long EUR/USD, and closing their position for a small profit, they are hell-bent on showing the world they can manipulate EUR/USD into defying gravity through the use of their BOY TOY EUR/GBP.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jan 4, 2010 12:59
celtic, congrats on such a good trade. my bearishness on GBP is more long term than on JPY but i dislike them both at the moment. i would take some momeny off the table at these levels, and leave about a 1/2 (if possible) towards 150.90s.

Elhaer, strong housing figures from UK were part of the reason (there are 4 different reports on UK housing prices every month). See how cable drops 100 pips off its highs while other FX remain steady vs. USD. read todays IMT please.

Ashraf
EL Shaer
Giza, Egypt
Posts: 59
14 years ago
Jan 4, 2010 11:10
Dear Ashraf
Happy New Year
Please explain why the strong rebound in sterling held on Wednesday and Thursday after I told you that sterling will fall to 1.58. And to any point rise 1.6260 or 1.6330. And if it fall . it will down to 1.58 Point
Thank you for Ansar
Celtic girl
Andorra
Posted Anonymously
14 years ago
Jan 4, 2010 0:20

Hi Ashraf,

I have a long position gbp/yen since 1.44, in view of recent rally, could you advise if there is
further mileage in this pair. l know you are bullish usd v gbp but how do you see gbp/yen
performing within 2/3 months, presuming the data coming out of the uk improves
Steven Blyth
London, UK
Posts: 148
14 years ago
Dec 31, 2009 17:50
2009 will be the year i discovered FX. Couple obliterated accounts but feel im getting there. Best wishes to all on this forum.
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