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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:

GBP

Discuss GBP
 
Machiavelli
Posts: 113
13 years ago
May 11, 2011 12:07
Yeah, full-time. What do you mean history? Like a CV? I started a fund that I manage and partly own for HNW clients (only a few - I can't handle whining). Mostly FX, but equities and coms too.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 11, 2011 11:58
Mach, you full time trader ? yer history ? Just interested !
Machiavelli
Posts: 113
13 years ago
May 11, 2011 11:52
What's the matter, chicken? jk

But with CHF up, EUR, AUD, CAD & oil slipping, I wonder how long GBP will be the lone ranger here. When there's a confirmed topping pattern on cable, I'll jump. Probably around 520-30 w/ a tightish stop.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 11, 2011 11:43
Yeah, I'm more interested in a short position here but not gonna fade.
Machiavelli
Posts: 113
13 years ago
May 11, 2011 11:37
6500-6550 area is a minefield. First, price would have to fight its way through it. Second, USDX will have a word or two on that too: is it going to fill out the flag pattern on the daily, or will accelerate the decline as it usually does for several months now? And then the euro should be able to rally alongside GBP since isolated trends in either one are not sustainable. Questions, questions.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 11, 2011 11:32
Q&A's just finished
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 11, 2011 11:31
I do think our BOE & MPC team are extremely high quality and proficient. Best we have ever had in my working lifetime. Shame on the politicians for frigging everything they touch.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 11, 2011 11:27
@Mach, the only immediate "worry" is what happens at our 127.2% ext sym target coinciding with 50% ret level, lol. Its just tested.
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 11, 2011 11:16
that news was just before a big pop.. phew.. price action and this news made me think twice about making a directional bet..
Machiavelli
Posts: 113
13 years ago
May 11, 2011 11:15
I wouldn't worry much about GBP spiking up while EUR is in the doldrums.