Disliked1.44....i hope is seen
theres fib confluence but i dont see a descent resistance..if it passes it 1.44 should be a almost certain possibility ( me thinks)Ignored
Patience + Discipline - Greed = Success
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Disliked1.44....i hope is seen
theres fib confluence but i dont see a descent resistance..if it passes it 1.44 should be a almost certain possibility ( me thinks)Ignored
DislikedThe year 2008 has truly taught investors to think the unthinkable. In 2009, it is the risk of economic implosion somewhere in the world. and this will probably be most clearly seen by the implosion and subsequent nationalisation of the banking industry which could then lead to the BIG issue.
[font=Verdana]The BIG issue is the financial collapse of sovereign states …Iceland has already gone, Spain and Greece have just had their credit ratings trashed by Standard and Poor, Portugal and Ireland are in deep trouble, Russia looks...Ignored
DislikedYes, anything can and will happen in 2009, meaning there is a risk of UK defaulting, albeit a tiny one given the fact that gilts are issued in sterling. Therefore, this very fact, enables the UK the option of printing more cash, a get-out-of-jail option that was not available to Argentina or Russia, whose debt was denominated in dollars.
On more relevant points, the UK's public sector debt levels to GDP are far less than France and Germany, even after we account for the announced increases to borrowing in 2009.
The UK is still the 5th biggest...Ignored
Dislikedyes it is with the diagonal trendline..but i discounted it..will likely regret it too.....Ignored
DislikedVery thoughtful and informative.
Coming from a man with financial background?
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DislikedHey everyone my first trade today i just went short at 4180 we could be going all the way back down now i reckon which would be sweet for my short but not for my currency!Ignored
DislikedYes, friend. Used to work on the trading floor of major bank for 13 years.Ignored
DislikedHaving read extensively and traded (a bit) for over four years. I find in the company of mentors and people who seem to know their stuff. Input from a lot of experts like yourself, eohater and infinity is so helpful and practical that newbies like me will find it difficult anywhere else.
I wondered why FF and especially this thread is so rich and a wonderful methodology of learning.
CheersIgnored
DislikedVery kind words. But from a short-term technical trading perspective, I am not in the same league as EO and Infinity. Perhaps one day! I learn much from these guys and their selfless contributions to the forum.Ignored
DislikedToo much fundamental stories out there. Just make sure your box contains lots of Shorts & Long chlothens. I lost many pips because i entered a trade too early bcos of those fundamental stories. Somtimes i think when its hot wear Longshirt and when its cold wear Shorts. They have spoiled the ozone layer by global warming and the weather is too unpridictable!
Besides, keep your main currency under your pillow, u only need ur box for this journey. Only pips will take u to the land.Ignored
DislikedThis trendline is very important i feel. If it holds up now then I reckon it will pave the way back down to 1.35xx possibly lower. If its broken then I cant see price being held back until 1.44xxIgnored