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
 
chloethebull
Posted Anonymously
14 years ago
Feb 16, 2010 11:15
hi ashraf, with the eu giving greece 30 days,is this just a delay to prevent the eur from collapsing an once the 30days is up what will the ecb have to do?..also can we get ur take on the china situation==5%revaluation..i know ur bizi with the expo so i understand if no response//thanks
chloethebull
Posted Anonymously
14 years ago
Feb 16, 2010 11:05
hey piped,no im haven;t bought anything yet not sure what to make of gold&crude,looks like ur right about dow 10k being defended so if thats the case usd will prob go lower,whats ur take on things,is this a short term bounce?i wannagrab some gbpusd or usdcad but can;t risk jumpimg in until i understand china or creece situation better..thanks
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 16, 2010 6:49
@Chloe-you've been taking advantage of this consolidation and building that long usd/cad position?

I am also dipping into some Gold shorts here at 1108.9, and nibbling on aussie short at .8941
montmorency
Abingdon, UK
Posts: 610
14 years ago
Feb 15, 2010 23:43
@Chloe: Re: Yuan: Yes, I think so. This article might help (free registration needed + there is a limit to the number of articles per month, unless of course you are a paid subscriber :) ):
http://www.ft.com/cms/s/0/83623672-1a2b-11df-b4ee-00144feab49a.html

I assume there might be some repercussions on the USD if this takes place.
chloethebull
halifax, Canada
Posts: 1183
14 years ago
Feb 15, 2010 18:01
hi letisha, im having problems pulling up any charts at the moment..but im thinkn we might need a fundalmental catylyst to help it recover mayb a further drop in crude,but like pipedoff was sayn looks like goldman might do anything to defend there s&p or the dows 10k which i think means comodities go higher(short term)...not quite suure what effect greece bailout will have on the gbp..also can any explain what ashraf meant about the chinese revaluation of 5%?is he talkn about there yuan?thanks
Letisha
St. Catherine, Jamaica
Posted Anonymously
14 years ago
Feb 15, 2010 17:46
@ Chloe: Isn't that a dbl bottom that I see on the daily...how low do u see this pair going before the potential reversal...I just can't see it breaking the 1.6390 mark...if it does then I guess it has more downside to it....but it's at a significant resistance on daily chart....let's see how it pans out...I'm already long at 1.6430...and I add another position at 1.6405....my SL is very tight at 1.6380 as if it breaks this level the next bottom on the weekly wld be 1.6224.

chloethebull
halifax, Canada
Posts: 1183
14 years ago
Feb 15, 2010 17:36
pipped, what do u think will happen this week?gold&crude goin higher u think?also what is needed to get the gbpcad to move up(falling crude)?thanks for the help ttyl...
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 15, 2010 16:21
@chloe-congrats on making $$ on gbp!

My open order to buy usd/cad at 1.0468 was filled while I was sleeping!
chloethebull
Canada
Posted Anonymously
14 years ago
Feb 15, 2010 13:46
hey piped, gbpusd position closed out during the night 1.5620....was 1.5699..gonna wait for ashraf on what to play or for entry point on gbpusd or usdcad..gl ttyl
EvanRowe
Florida, United States
Posts: 25
14 years ago
Feb 15, 2010 3:54
Where does Ashraf stand on Cable?