They might be wrong...
.
Cable Update (GBPUSD)
- #29,742
- Sep 10, 2007 7:41am Sep 10, 2007 7:41am
- | Commercial User | Joined Aug 2007 | 6,072 Posts
They might be wrong...
lolz, never mind its forex
Hello World!
- #29,743
- Sep 10, 2007 7:46am Sep 10, 2007 7:46am
- | Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts
- #29,745
- Sep 10, 2007 7:48am Sep 10, 2007 7:48am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
"It is going to be a funny week," said Kevin Grice, senior economist at American Express Bank in London.
Enough with rollercoaster-like "funny week" to me
- #29,746
- Sep 10, 2007 7:54am Sep 10, 2007 7:54am
- Joined Jun 2006 | Status: Trend is not my friend | 1,492 Posts
I still have 4 long trades running since friday, but I'm not comfortable with cable moves
- #29,748
- Sep 10, 2007 7:56am Sep 10, 2007 7:56am
LOL. I don't know if I like "funny weeks". I prefer the boring grinding higher, 100 pips a day non-stop weeks instead...
Enough with rollercoaster-like "funny week" to me
Head This Week - Times Sydney, September 09:
The Sunday Times
notes that leading bankers from around the world are warning
that the worst crisis in the money markets in 20 years will
come to a head this week when 113 BLN USD of commercial paper
comes up for refinancing. This huge refinancing, mainly
through London, exceeds the 100 BLN that became due in
mid-August, and which sparked the most serious phase in the
money- market crisis, which has seen banks scrambling for
funds and market interest rates rising sharply. "This is a
serious pressure point," said one leading banker. The article
states that even if they succeed in rolling over some of this
paper this week, they will eventually be forced to take some
of it, much of which is of questionable value, onto their
balance sheets. To meet this potential liability, banks are
hoarding cash and have stopped lending to each other.
The article goes on to say: "The prospect of serious market
indigestion from maturing commercial paper is not the only
headache for the banks. Globally, they have 380 BLN USD of
loans and bonds to be laid off from leveraged buyouts and
other private-equity deals at a time when the markets have
shifted sharply against them." The crisis in the credit
markets is fluid and BOE expectations have changed radically
since the crisis intensified just under a month ago. At that
time nearly everyone expected the BOE to hike rates by the
end of the year at least. The Times notes an IDEA survey that
shows more than 60% looking for the next move to be an easing
some time next year
To laugh, to learn, and to teach!
- #29,750
- Sep 10, 2007 8:05am Sep 10, 2007 8:05am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Trading Levels with WRBs
- #29,751
- Sep 10, 2007 8:10am Sep 10, 2007 8:10am
- Joined Jul 2007 | Status: al zahr | 2,820 Posts
That was a phucking mistake
.
- #29,752
- Sep 10, 2007 8:16am Sep 10, 2007 8:16am
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
Just Trade It
- #29,753
- Sep 10, 2007 8:22am Sep 10, 2007 8:22am
- | Joined Jun 2007 | Status: As you say Ingles - rich and free | 2,751 Posts
- #29,754
- Sep 10, 2007 8:30am Sep 10, 2007 8:30am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #29,755
- Sep 10, 2007 8:37am Sep 10, 2007 8:37am
- | Commercial User | Joined Aug 2007 | 6,072 Posts
This month has been quite discouraging at my end, realised 10% loss so far
+ 5% floating loss
15% looks real bad, no matter how much I made last month or last year, this looks like a real stain.
lessons whatsoever I've learnt are no good unless I practice them and I think I need to focus more on my local financial (IN) markets so I can keep a balance. I need to take FX lightly, not exaggerate. Wait for a chance like a sniper.
Wish you all luck
+ 5% floating loss
15% looks real bad, no matter how much I made last month or last year, this looks like a real stain.
lessons whatsoever I've learnt are no good unless I practice them and I think I need to focus more on my local financial (IN) markets so I can keep a balance. I need to take FX lightly, not exaggerate. Wait for a chance like a sniper.
Wish you all luck
Hello World!
- #29,756
- Sep 10, 2007 8:40am Sep 10, 2007 8:40am
- Joined Jul 2007 | Status: al zahr | 2,820 Posts
I bought NZD just for fun
.
- #29,757
- Sep 10, 2007 8:40am Sep 10, 2007 8:40am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
This month has been quite discouraging at my end, realised 10% loss so far
+ 5% floating loss
15% looks real bad, no matter how much I made last month or last year, this looks like a real stain.
lessons whatsoever I've learnt are no good unless I practice them and I think I need to focus more on my local financial (IN) markets so I can keep a balance. I need to take FX lightly, not exaggerate. Wait for a chance like a sniper.
Wish you all luck
Edited: got it... You meant "this month"...
- #29,758
- Sep 10, 2007 8:41am Sep 10, 2007 8:41am
- Joined Jul 2007 | Status: al zahr | 2,820 Posts
This month has been quite discouraging at my end, realised 10% loss so far
+ 5% floating loss
15% looks real bad, no matter how much I made last month or last year, this looks like a real stain.
lessons whatsoever I've learnt are no good unless I practice them and I think I need to focus more on my local financial (IN) markets so I can keep a balance. I need to take FX lightly, not exaggerate. Wait for a chance like a sniper.
Wish you all luck
.
- #29,759
- Sep 10, 2007 8:44am Sep 10, 2007 8:44am
- | Commercial User | Joined Aug 2007 | 6,072 Posts
That is bad...
You are the one who took most of money, GIMMEEE BACCCKKKK
Hello World!