The £ - Contractor UK Bulletin Board

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SantaClaus replied

8 March 2010, 08:11
Originally posted by AtW View Post

Addendum:

Note the "if" and "qualifier"

Originally posted by SantaClaus View Post

Nice pinbar showing on the GBPUSD weekly chart.

The pair should go up if we can break 1.5205 .
I see 1.5550 as first possible target, followed by 1.5700 as next target.

Last edited by SantaClaus; 8 March 2010, 09:06.
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alreadypacked replied

8 March 2010, 02:32
I am not sure the UK goverment will let GBP go below EUR for long, so the only way to stop the slide is to raise interest rates. I don't think the "start another war" option will work this time.
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AtW replied

8 March 2010, 00:28
Originally posted by SantaClaus View Post

Nice pinbar showing on the GBPUSD weekly chart.

The pair should go up if we can break 1.5205.
I see 1.5550 as first possible target, followed by 1.5700 as next target.
Leave a comment:
SantaClaus replied

8 March 2010, 00:15
Nice pinbar showing on the GBPUSD weekly chart.

The pair should go up if we can break 1.5205.
I see 1.5550 as first possible target, followed by 1.5700 as next target.
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Jog On replied

7 March 2010, 18:33
Originally posted by AtW View Post

Can you stay out of dirty spekulation altogether, PLEASE?

No... next...
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AtW replied

7 March 2010, 18:03
Originally posted by Jog On View Post

Staying out of GBP/USD and EUR/USD for the mean time

Can you stay out of dirty spekulation altogether, PLEASE?
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Jog On replied

7 March 2010, 17:52
Originally posted by Andy2 View Post

so what's the prediction on GBP/USD front ?
I am soon opening a USD account with cater allen

Staying out of GBP/USD and EUR/USD for the mean time
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Andy2 replied

7 March 2010, 15:31
so what's the prediction on GBP/USD front ?
I am soon opening a USD account with cater allen
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Jog On replied

6 March 2010, 12:26
Originally posted by AtW View Post

Oh go and feed yer squirrels!
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AtW replied

6 March 2010, 11:46
Originally posted by Jog On View Post

I'm eying up these possible trades for next week based on the dialy charts:
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GreenerGrass replied

6 March 2010, 10:49
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.
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Jog On replied

6 March 2010, 10:16
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
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suityou01 replied

6 March 2010, 07:48
Originally posted by TimberWolf View Post

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.

Can think why they would do this. Unless it was some sort of coordinated move to push everything into some sort of single currency.
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TimberWolf replied

6 March 2010, 07:42
Originally posted by HairyArsedBloke View Post

So, 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.

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.
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suityou01 replied

5 March 2010, 20:56
Originally posted by HairyArsedBloke View Post

FTFY

hadn't thought of that.
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