Cable Update (GBPUSD)

Quoting OnlineAddict

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Well, option at 6100 wasn't hit, did it even exist? Let me think logically...so a company trading with billions is going to take the price down from 6250 almost 140 pips...just to stop 11 pips from their option expiry, so they not only lose the money they had to invest to get the price down, but also lose 1 billion dollars on top of that.

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Quoting OnlineAddict

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{quote} I know how the world works, I am just saying its wrong that its done to such an extreme in the US, life was better in the 70s, but since then its only going downhill. Soon, americans will go do au-pair work in Russia, to make some extra bucks...so sad what happened to a great country.

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Quoting fxtyrant

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PS. GREED IS GOOD! IT IS WHAT DRIVES US TO WAKE UP IN THE MORNING.

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Quoting OnlineAddict

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{quote} It used to be greed, now for most people is hunger that drives them to wake up in the morning.

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Quoting fxtyrant

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{quote} How exotic? we do equity linked, capital protected products, interest linked products, structured notes. and lately because im in HK we are adjusting our business to cope with a really REALLY large flow of CNH demand..... because of the Hong Kong - Shanghai Stock Connect.... it means the further easing of China's currency for Hong Kong investors and china investors to deal freely in China stock markets or HK markets.... this is gona get a lot of fund flowing into Hong Kong and into China or China into Hong Kong... As for exotics like Interest...

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Quoting GlobalMacro

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{quote} yeah anything vols that's where I'm at but spread humongous even plain vanilla lately they charge 10 sometimes 20 pips , them bastards.

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Quoting OnlineAddict

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GU might be a good buy at 6030. {image}

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Quoting fxtyrant

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{quote} thats cuz the market is under such low volatility conditions..... we aint gona make it easy for you lol...

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Quoting GlobalMacro

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{quote} Imagine my surprise if they pay me twice what I make for myself , I'd be on the other side in a heartbeat. But bastards are too stingy for that.

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Quoting fxtyrant

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{quote} Talk about stingy... now they like to hire geniuses from Harvard, Cambridge, Oxford UPenn and all that stuff...

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Quoting GlobalMacro

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{quote} Worst part about working for a bank is , if one guy f::::ks up it's on everyone in the team ... there f:::::king bonus gone. That's why it's so important to shoot for a high enough base salary. 10%-15% of yearly performance expectation ? is it nowadays? higher , lower?

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Quoting GlobalMacro

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And the beat goes on: short @ 1.6124 , sl. rev.: 1.6176 , tp: 1.6040

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Quoting fxtyrant

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{quote} hehe our mean yearly performance is atleast 12% we need to atleast achieve 12%....

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Quoting GlobalMacro

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{quote} OK , I see , bastards same as ever. And off of that 12% , do they at least pay 15% base?

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Quoting fxtyrant

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{quote} Base nah base salary is based on your salary band only increases on seniority as you move from 1 band to another band up... but bonus is well hmmmm lucrative... ranges from 3 months salary to 6 months....but from what i heard it used to be 1-2years salary is given as bonus...

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Quoting mrhb30jr

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hi all GBPUSD monthly chart A graph explaining itself.... more lower in progress... cheers {image}

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Quoting chazzle

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{quote} 4 contracts - I should be going less than 2 max - at the moment

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