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
 
Celtic girl
ARINSAL, Andorra
Posted Anonymously
14 years ago
Nov 22, 2009 14:36
HI Ashraf

Sterling having recently been pummelled by the australian dollar, what are the possibilities of
sterling falling even further, in view of the recent economic data from the uk, or is all the bad
news already factored into the price.

Thanking you in anticipation
speculator
Posted Anonymously
14 years ago
Nov 20, 2009 20:57
i think the market will close down for the month. i was never this bearish on stocks in sep/oct but now i am
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Nov 20, 2009 20:41
Ashraf,
The FTSE 100 had its largest volume day since May 7 - over 2 billion shares of the FTSE100 stocks were transacted today. The day is only marginally down, but what would you read into this ? more downside to come ?
The 5 minute period from 10.20 am saw 300million shares transacted and the FTSE100 moved just 1 point. a lot of shares got transacted without moving the market.

thanks
Vik
speculator
Posted Anonymously
14 years ago
Nov 20, 2009 19:23
the pound is in big trouble and will be in bigger trouble next quarter. looming fiscal problems and highly possible risk unwinding in 2010 will have a huge potential impact on cable in particular.


and as far as gold goes, i keep saying that it is not wholly driven by the dollar therefore you cant say its a hedge against a falling dollar. gold is being driven by DEMAND by LARGE buyers not a falling dollar or possible collapse of the dollar.

central banks were small holders of gold and now they want to diversify their store of values. so gold can keep going up along with a rising dollar.

did gold go down today whilst dollar went up? Nope
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 20, 2009 16:13
Shaer, i never said to buy cable. better get out quick from your 1.6530 long and lose 20 or 30 pips.

Ashraf
EL Shaer
Giza, Egypt
Posts: 59
14 years ago
Nov 20, 2009 12:59
Dear Ashraf
I bought Cable at 1.6530 . Do you Think it will come back to this Point today
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 20, 2009 0:15
thks zwan
zwan
qamishli, Syria
Posts: 25
14 years ago
Nov 19, 2009 15:56
thx ashraf

congrats for ALGERIA

Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 19, 2009 14:11
Shaer, teslam.

nzvik, thanks for showing the IMT


Ashraf
joo
london, UK
Posts: 22
14 years ago
Nov 18, 2009 20:13
thanks mate...