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
 
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forextrader
vologda, Russia
Posts: 127
14 years ago
Jan 28, 2010 3:49
Hello pippedoff
I dont follow the banks forecast or commentary; I am more of technical trader.
GBP/USD daily RSI and MACD, stochastic Oscillators are pointing down.
My trade is to short the pair to 1.58 if it break out of the range band. And my stop loss is around 1.6260

Dima
forextrader
Russia
Posted Anonymously
14 years ago
Jan 28, 2010 3:36
here the chat
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 28, 2010 3:35
Forextrader-

It's very simple: Goldman Sachs is the head of a Cable Cartel who simply offers eur/gbp on the public whenever they want to dump more cable on the unsuspecting foolish cable momentum buyers.
forextrader
vologda, Russia
Posts: 127
14 years ago
Jan 28, 2010 3:34
the GBP/USD it is inside these wedge, so i my advice for any one shorting or longing the pair to put stop loss out side this these lines.

Dima
forextrader
vologda, Russia
Posts: 127
14 years ago
Jan 28, 2010 3:25
I am also puzzled by the Cable performance recently, mainly against the USD.
I cant see either technical or fundamental reason for the GBP/USD at these level
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 28, 2010 3:10
All hail sterling. It doesn't go down when all other pairs goes down. And then it explodes up when others merely recover.

Cable has once again cured cancer and solved the global economic crisis, even though it cant solve it's own UK problems. LOL!

.ALL HAIL THE CABLE-THAT BASTION OF SAFETY AND LEADER OF RISK, all at the same time.
chloethebull
Posted Anonymously
14 years ago
Jan 28, 2010 3:09
hey pippedoff, would u short the gbp$ @1.6220-30?thanks
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 28, 2010 2:16
"Safe as the Bank of England...".

Ah well...

Well done to anyone who successfully captured the spikes in cable and Euro.
(I totally missed the boat).

Still better to be out of a trade wishing you were in than being in a trade wishing you were out of it :-)

Speaking of which...

The only one of my orders to trigger was the long in EUR/GPB, and that was too high.
I thought 0.8650 would easily hold. Now it's looking like 0.8600 is threatened. Still, it can easily come back from there in a reasonable time.

Let's see what the European session brings.
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 28, 2010 1:21
The Cable Cartel is DESTROYING euro through the offering of eur/gbp, giving the false illusion that sterling is the BASTION OF SAFETY currency, more risk averse than usd or jpy.

RIDICULOUS!
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jan 28, 2010 0:11
@Said: I see. Thanks.
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