Originally posted by suityou01
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FTFYHow did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
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"We hang the petty thieves and appoint the great ones to high office" - Aesop -
hadn't thought of that.Originally posted by HairyArsedBloke View Post
Knock first as I might be balancing my chakras.Comment
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On Friday GBP/USD looked liked an object suspended by two elastic bands, one from above and one from below, with the equilibrium position set at 1.50000. Makes you wonder whether there isn't concerted inter-government co-operation to debase their currencies in an orderly fashion. And this week it wasn't Sterling.Originally posted by HairyArsedBloke View PostSo, where are we at the end of the week?
Unchanged is where we are.
: 1.5155
EUR/GBP: 0.8985
Still, it's a larf innit.
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Can think why they would do this. Unless it was some sort of coordinated move to push everything into some sort of single currency.Originally posted by TimberWolf View Post
Knock first as I might be balancing my chakras.Comment
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I'm eying up these possible trades for next week based on the dialy charts:
EUR/GBP sell
GBP/CHF buy
GBP/CAD buy
GBP/JPY buy
All long GBP..... Technically they look OK, not sure if long GBP is a good idea yet though
"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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I've decided the best way to play this is buying supermajor US oil stocks, so should gain from the currency movements but even if they stay static there should be a decent upside in the next 12-18 months as oil prices nudge up to $100. Looking at the graphs there is a good 20-30% potential even without currency gains.
Buffet is calling the bottom in US residential property, but even if their economy stays weak the oil men will still make money.Comment
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Oh go and feed yer squirrels!Originally posted by AtW View Post
"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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so what's the prediction on GBP/USD front ?
I am soon opening a USD account with cater allenComment
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Staying out of GBP/USD and EUR/USD for the mean timeOriginally posted by Andy2 View Post"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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