trying long eurusd 3700 tight sl to come up with the gb aggressive move if it comes off
Cable Update (GBPUSD)
- #363,042
- Feb 12, 2014 7:18am Feb 12, 2014 7:18am
Hi Greener, must also mention that stock market crash is another possibility. If history has taught us anything right, every 7 years we see a crash. Since the start of 2008, 2009 I am expecting another crash soon this year or next but it's very much on the cards and 30-40 percent correction in equity mkt will ensure dollar run. But before all that, we will see gbp and euro high's so all the heard is ready for slaughter 
{quote} if ECB implements negative rates UK will have a very hard time on exports and absorbing current spare capacity. This can lead to deflation and slow growth. Other reasons to be bearish on gbp: 1) it will take over a year to increase interest rates 2) increase will be marginal and end result lower than that 5% level before crisis 3) interest rate hike will depend on unemployment figures as well as other factors not only employment threshold which remains as it was 4) BOE acknowledged that current employment figures include ex unemployed people...
Cannot post chart - I Work full time only analysis with trade details :-)
- #363,043
- Feb 12, 2014 7:20am Feb 12, 2014 7:20am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #363,044
- Feb 12, 2014 7:21am Feb 12, 2014 7:21am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
{quote}
Look Sharp/Trade Tight
- #363,050
- Feb 12, 2014 7:49am Feb 12, 2014 7:49am
- Joined Oct 2013 | Status: Trader | 3,656 Posts
GU M1 measured moves on cable - just observation {image}
- #363,055
- Feb 12, 2014 8:23am Feb 12, 2014 8:23am
- Joined Nov 2007 | Status: Trader | 1,981 Posts
{quote} I would be more grounded
- #363,057
- Feb 12, 2014 8:43am Feb 12, 2014 8:43am
- | Joined Jan 2010 | Status: Trader | 1,638 Posts
{quote} Afraid of heights?
yes, I don't like hard landing
