Forum > View Topic (Analytic)
This thread was started in response to the Analytic:
EUR Trade Index 18-Year Chart
Daily EURO chart of 18 years of cyclical developments in finance & politics
Perhaps we just has a blow-off spike in all the pairs. It sure woke up The Pounder, and it didn't even need to use eur/gbp.
lPRINTED .9225, THEN SPIKED TO .9280
BTW, notice today eur popping up, yet The Pounder can't (as of yet anyway) get through high prints the eur/gbp pushed it through yesterday.
All of a sudden, on no news, eur/gbp has a bid. Go figure.
Someone made a huge chunk of change once again at everyone else's expense.
We'll see if they get it right for aussie, or is Ashraft is correct.
Then again, even if they arew rong and Ashraft correct, the'yve already bid it up so hi it will simply fall to where it was one hour ago. Then all the Fundamental "Pound The Table" analysts will do what they do best, and tell you buy aud because it's going to parity, noo matter what the news is.
No offense again, but lately the market hasn't quite been seeing things his way. Of course we all know in time it will....
i am just like a kid
christmas reserves means momentarily aussie will strenghten. low IR funding prerequirement
and coronation is a place where i lived in singapore. philips trading securities are very active in aussie.
You said "between eur and gbp, I usually pick the one based contra off the last big move in eur/gbp. That would mean shorting gbp as if there is a rebound in eur/gbp".
Sounds interesting. Would you mind expanding on this just a little, so I am clear what you mean?
Do you mean that if EUR/GBP goes DOWN you short EUR/USD and
if EUR/GBP goes UP you short GBP/USD?
Or the other way around?
I can never fully work out this little "menage a trois" accurately! :-)
"wake up australia
christmas santa reserve HAS already passed.
coronation street. "
Coronation Street? What does a British (Manchester/Salford-based) TV soap opera, much-loved since the 1960s, have to do with Australia, and Santa Claus? Enquiring minds want to know! :-)))