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Fundamentals of GBP

  • #1
  • First Post: Edited 6:19am Oct 22, 2006 5:57am | Edited 6:19am
Hi u all,

Well i would like to earn some pounds... to do that i have to open positions like GBP at the end.... right?

EUR/GBP...on a weekly chart i would go short,...why?

EUR is The united currency of Germany, France, NL, B, L, Espana, Italy, Portugal, Greece, Austria, and Slovenia... so I believe that Britain currency has less inflation risk then Portugal, Spain, Italy, Greece, Slovenia. Similar then France,...but more then Germany, Austria, NL, B, L,...agree?

But they are in War,...and i forget when their financal minister will replace Blair?

But There is Italy, and their peackeeping troops already in Lebanon,...so that can costs the same to each currency....right?

Please advise some others ?
its just money
  • #2
  • Oct 24, 2006 7:22pm Oct 24, 2006 7:22pm
Quoting de123
Hi u all,

Well i would like to earn some pounds... to do that i have to open positions like GBP at the end.... right?

EUR/GBP...on a weekly chart i would go short,...why?

EUR is The united currency of Germany, France, NL, B, L, Espana, Italy, Portugal, Greece, Austria, and Slovenia... so I believe that Britain currency has less inflation risk then Portugal, Spain, Italy, Greece, Slovenia. Similar then France,...but more then Germany, Austria, NL, B, L,...agree?

But they are in War,...and i forget when their financal minister will replace Blair?

But There is Italy, and their peackeeping troops already in Lebanon,...so that can costs the same to each currency....right?

Please advise some others ?
What are you trying to ask ?
  • #3
  • Oct 24, 2006 9:40pm Oct 24, 2006 9:40pm
You will earn whatever currency your account is funded with. I funded mine with $, and even if I trade the EUR/CHF, I still make or lose $. Also, I will second GANESH, what are you trying to ask?

andersenws
"Youth is the trustee of prosperity." - Benjamin Disraeli
  • #4
  • Oct 27, 2006 4:58pm Oct 27, 2006 4:58pm
Quote
and i forget when their financal minister will replace Blair?


what that should mean? i thought that blair is prime minister, and he will be replaced on next elections
  • #5
  • Oct 28, 2006 8:37pm Oct 28, 2006 8:37pm
Quote:
"and i forget when their financal minister will replace Blair?"

Pertti, De123 is referring to Gordon Brown who is our "financial minister" (Chancellor of the exchequer) who is the favourite to replace Blair next year. However there is mounting evidence to suggest that the Conservative opposition under David Cameron will infact win. Historically Conservative governments have a far stronger economic track record,this is a fact not an opinion, however British politics has become a popularity contest since Blair and neither side is too poular at the moment.
  • #6
  • Oct 28, 2006 11:19pm Oct 28, 2006 11:19pm
Quoting de123
Hi u all,

Well i would like to earn some pounds... to do that i have to open positions like GBP at the end.... right?

EUR/GBP...on a weekly chart i would go short,...why?

EUR is The united currency of Germany, France, NL, B, L, Espana, Italy, Portugal, Greece, Austria, and Slovenia... so I believe that Britain currency has less inflation risk then Portugal, Spain, Italy, Greece, Slovenia. Similar then France,...but more then Germany, Austria, NL, B, L,...agree?

But they are in War,...and i forget when their financal minister will replace Blair?

But There is Italy, and their peackeeping troops already in Lebanon,...so that can costs the same to each currency....right?

Please advise some others ?
eurgbp is just a cross of eurusd - gbpusd. usd dollar is as always much heavier.
Harmonics and Pitchfork using korHarmonics from TradingArsenal
  • #7
  • Oct 30, 2006 11:02am Oct 30, 2006 11:02am
Quoting GANESH
What are you trying to ask ?
just trying to make conversation,..and its working
its just money
  • #8
  • Last Post: Oct 30, 2006 11:27am Oct 30, 2006 11:27am
Quoting de123
just trying to make conversation,..and its working
Maybe you can visit a chat room ( Just Joking )
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