Forum

Posts by "speculator"

View Member Profile
804 Posts Total by "speculator":
22 Posts by member
SPECULATOR
(LONDON, United Kingdom)
782 Posts by Anonymous "speculator":
1...72737475767778798081
speculator
Posted Anonymously
15 years ago
May 27, 2009 21:01
In Thread: How low will GBPUSD go in May?
yes i will watch out for than and to see how the week finishes in global equities.
Speculator
Posted Anonymously
15 years ago
May 27, 2009 17:04
In Thread: How low will GBPUSD go in May?
ashraf thanks for you input,

looking at past cable levels, i believe we have not had a period where sterling rose sharply after lows and sustained its strength so rapidly for example looking at 2000-2003 and in the 80s - cable remained low for quite some years.

I do agree that we are in extraordinary circumstances and we cant always look at the past. but it would be unwise to rule out the bearish potential of the pound this year despite fundamentals hanging on the dollar.
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 26, 2009 22:54
In Thread: Speculators' Futures FX Positions
ashraf, i can see but the cable net shorts are still intact unlike euro/dollar that has changed recently
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 26, 2009 22:07
In Thread: How low will GBPUSD go in May?
ashraf, 1.75 is very very cable bullish compared to your very recent limitations for the a cable rally.

looking at your futures graphs there seems to be good insight as for coming trends based on net positions.

thanks
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 26, 2009 21:41
In Thread: Speculators' Futures FX Positions
ashraf,

thanks for your interesting chart.

have you got the latest for cable as i would like to see the position as of last week if possible.

thanks
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 26, 2009 21:11
In Thread: Dollar Slashed as Fed Goes Shopping
cable is rather hard to speculate against right now. if we do breach pyschological 1.60 level then perhaps not. but i do see declines back towards 1.50 this summer.
speculator
Posted Anonymously
15 years ago
May 25, 2009 10:56
In Thread: Dollar Slashed as Fed Goes Shopping
ashraf. It is clear that other fundamentals are driving fx states and correlations between dollar and extities reducing. But we need to see a sustained decline in equities for traders to buy back the dollar.
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 23, 2009 17:26
In Thread: Dollar Slashed as Fed Goes Shopping
the dollar will greatly appreciate against the pound this summer
SPECULATOR
LONDON, UK
Posts: 17
15 years ago
May 20, 2009 19:12
In Thread: How low will GBPUSD go in May?
ashraf do you still remain bearish on cable over the next few months?
Speculator
Posted Anonymously
15 years ago
May 20, 2009 16:13
In Thread: How low will GBPUSD go in May?
dont worry i think theres quite a few people that are stunned with cable's rapid recovery.

if you ask me, the market is irrational at present and is again discounting quite a bit of bad news. but the further things overshoot the more they will tumble down. its pretty hard trading at the moment!

i think if equities start to come down it will be very gruadual and we certainly are not in a V shape recession so it will be very bumby indeed.

with Vix and Libor falling so rapidly its no surpirse that confidence is flowing in to equities and risk currencies. fundamentals remain rubbish but stocks dont always follow.

the markets seem to disregard PE ratios etc at the moment.

i do think we are still in a long term bear market and equities should start to be much lower in q3/q4.
Report Reply
1...72737475767778798081