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by Ashraf Laidi
Posted: Jan 5, 2010 18:55
Comments: 279
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This thread was started in response to the Article:

More Euro Losses Ahead

More losses in the euro are seen ahead despite rallying oil prices.
 
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PippedOff
Canada
Posted Anonymously
14 years ago
Jan 19, 2010 0:53
an incredible 4TH GAP UP in cable on the 1-minute chart in asian session. All manifested through offering eur/gbp.

1.6390 now on cable. ALL HAIL THE CABLE!
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 19, 2010 0:51
tricky question.

I believe whatever data coming out of UK few days, starting later today, has been well known by the market one week in advance, hence the eur/gbp sell-off starting a week ago today in Asia. It cannot be argued it has to do with Greece concerns. These have been know since before New Years.

You will see the Cable Cartel will hardly permit cable to oull back even 3-pips off the assualt higher then entire asian and early european session heading into the news the Cartel new about a week ago.

Perhaps it is buy the rumor, sell the news. Perhaps not...
mckinnovation
Dublin, Ireland
Posts: 49
14 years ago
Jan 19, 2010 0:49
Dodgy pair. Im happy to have forfeited that short pursuit. Just to take things objectively. Can you see any reasons for cable to grow stronger like that all the time? It kinda starts to behave beyond logical reasoning.
chloethebull
Posted Anonymously
14 years ago
Jan 19, 2010 0:45
hey pippedoff,what would you need to comfirm that eur gbp pullback an add to position.thanks
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 19, 2010 0:38
I have no counted THREE gap ups in cable in this asian session alone already on the 1 minute chart.

Check it out. You will see how blatant the manipulation is by the Cable Cartel. How many more times can they go to the well and decimate eur/gbp tpo get 15 more pips on caBble?
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 19, 2010 0:35
they are DESTROYING the eur/gbp cross. Everythign else has stopped rallying against the usd. euro has even reversed a bit. That is when th Cable Cartel does it's finest work.

The Cartel just crushed eur/gbp for 25 more pips. They are relentless.
chloethebull
Posted Anonymously
14 years ago
Jan 19, 2010 0:35
look @ the eur looks like a struggle to hold 1.4400
chloethebull
Posted Anonymously
14 years ago
Jan 19, 2010 0:33
ya i agree ...look @ the gbp run now...1.6373..gl
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 19, 2010 0:31
chloe-appreciate being positive-however time to becomwe realists. It's over in the short-term for USD.

NFP was the game changer.
chloethebull
Posted Anonymously
14 years ago
Jan 19, 2010 0:27
ya but compared to the gbp.eur.jpy...i would thought usdcad be sub 1.0335..but its fighting 1.0250 to hold...just tryn to be positive lol..gl
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