Disliked{quote} Someone needs to take-profit or short so this thing can move! {image}Ignored
The only thing that moves it is Wall Street.
The US market is the only thing that matters in the world today.
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cable short for gbpusd? 6 replies
Disliked{quote} Someone needs to take-profit or short so this thing can move! {image}Ignored
DislikedWe could see serious volatility because of CITI Bank injecting 5B into buying Sterling from Verizon deal. This is the last date. I suspect to unload this kind of volume requires greater liquidity so Either London Open or NY London overlap. "Analysis by Citibank expects the pound to appreciate following the sale as funds buy sterling and sell US dollars – about $2.4bn on the close of the February 21 and $5.1bn on the close of the 25, according to its estimates. " http://www.telegraph.co.uk/finance/n...lar-falls.html...Ignored
DislikedWe could see serious volatility because of CITI Bank injecting 5B into buying Sterling from Verizon deal. This is the last date. I suspect to unload this kind of volume requires greater liquidity so Either London Open or NY London overlap. "Analysis by Citibank expects the pound to appreciate following the sale as funds buy sterling and sell US dollars – about $2.4bn on the close of the February 21 and $5.1bn on the close of the 25, according to its estimates. " http://www.telegraph.co.uk/finance/n...lar-falls.html...Ignored
Disliked{quote} The only thing that moves it is Wall Street. The US market is the only thing that matters in the world today.Ignored
Disliked{quote} in the opposite,i'd like to be a shorter. will usdcad rise to 1.16?i doubt about that much.Ignored
DislikedWe could see serious volatility because of CITI Bank injecting 5B into buying Sterling from Verizon deal. This is the last date. I suspect to unload this kind of volume requires greater liquidity so Either London Open or NY London overlap. "Analysis by Citibank expects the pound to appreciate following the sale as funds buy sterling and sell US dollars – about $2.4bn on the close of the February 21 and $5.1bn on the close of the 25, according to its estimates. " http://www.telegraph.co.uk/finance/n...lar-falls.html...Ignored
Disliked{quote} are they refer purchase Sterling at the current rate or lower ?Ignored
Disliked{quote} ah the infamous sean hyman story. it's just a game of patience, which I hope by now most traders here have learned their lesson not to jump in abruptly through 'gut' feelings. from what i know he uses technical indicators and watches for fundamentals to backup it's story then recommends to buy or sell. there's a bunch of these guys out there. best is you to find your own method of prudent trading method that you are comfortable with.Ignored