Dislikedthe old weekly chart trendlines are still the same as the current weekly chart trendlines.
I updated my post #31052. It may be the head and shoulder chart pattern.Ignored
I get it.
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Dislikedthe old weekly chart trendlines are still the same as the current weekly chart trendlines.
I updated my post #31052. It may be the head and shoulder chart pattern.Ignored
DislikedWhat you meant was "weekly trend, lower channel" not "weekly down trend channel"
I get it.Ignored
DislikedLets face it... its impossible to a french person scare anyone with their talk.
"Je vais manger un croissant. Oui?"
Common...Ignored
DislikedI was thinking about this, and can't wrap my mind around a 'what if' thing:
Say, theoretically, all things fall apart in the US and UK (as in, what's happening now is just the beginning of greater crisis).
That would weaken US and GBP against other currencies, logically.
But what would that do to our cable?
In other words, if, by some chance, both currencies tanked globally, and were pretty much worthless, would the exchange rate between the two still remain somewhat the same, affected by which one is less worthless?
And if so, would that even make any difference to us as traders? (I mean, if we were trading a generally worthless pair, would the value of pips remain the same or go down?)
Maybe I should stop thinking and go back to bed - feeling a little under the weather today, and all this thinking is hurting my little brain.Ignored
DislikedThis is turning out to be quite a year, OIL record high, GOLD record high ( almost, may go higher) , EURO, POUND,CAD,YEN crosses trading at record levels, subprime crisis, bank run, foot and mouth, record temperatures around the world, wettest summer in UKs history ( or close), pavaroti died.
I guess big a$$ meteor is next...
EDIT : overpopulation is to blame (what i think anyway)Ignored
DislikedAll good questions bohogirl. I wish I had the answer. If I did I'd let you in on it and we could both make a bundle. I can't speak for sterling but I do know that with all the debt the US has floating, it would be in the interest of everyone NOT to let the $ crash. And with all the economies of the world based on exports to the US, a recession here is bad news for everybody. But, every once in a while, we need an economic mess to shake things up and get everybody focused again.Ignored
DislikedIn other words, if, by some chance, both currencies tanked globally, and were pretty much worthless, would the exchange rate between the two still remain somewhat the same, affected by which one is less worthless?
And if so, would that even make any difference to us as traders? (I mean, if we were trading a generally worthless pair, would the value of pips remain the same or go down?)Ignored
Quoting lexazverDislikedI guess big a$$ meteor is next...Ignored
Quoting bohogirlDislikedThat would weaken US and GBP against other currencies, logically.
But what would that do to our cable?Ignored
Quoting alabamaDisliked7. Despite the woes, someone smells a bargain. UK billionaire Joseph Lewis just took a very significant chunk of Bear Stearns - the epicenter of the sub-prime mess on Wall Street.Ignored
Quoting MPPDislikedi'm no good at fundi's so don't now what caused the drop in 2005, but hey we can trade it, just makes my life easier, if it's only going one way.Ignored
DislikedThis is turning out to be quite a year, OIL record high, GOLD record high ( almost, may go higher) , EURO, POUND,CAD,YEN crosses trading at record levels, subprime crisis, bank run, foot and mouth, record temperatures around the world, wettest summer in UKs history ( or close), pavaroti died.
I guess big a$$ meteor is next...
EDIT : overpopulation is to blame (what i think anyway)Ignored
DislikedBefore going long cable must touch 1.9895. But i can we will have another crazy week!Ignored
DislikedBefore going long cable must touch 1.9895. But i can we will have another crazy week!Ignored