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UK Terror

  • #21
  • Aug 12, 2006 7:42am Aug 12, 2006 7:42am
One thing for certain, no one will buy JPY sa "safe haven" currency.

As to why people buy Swiss Franc? I dont know. I'd prefer to buy GOLD as safe haven.

And to those who bought CHF, tough luck, that money devaluate VERY fast.
  • #22
  • Aug 12, 2006 8:58am Aug 12, 2006 8:58am
i wonder if al qaeda shorted cable :

and who their broker is
  • #23
  • Aug 12, 2006 9:10am Aug 12, 2006 9:10am
I was informed that they just recently opened an account with FXCM. ANd you were right, they shorted GBP before the attack. They made millions from making the news.

When they filed for withdrawal, FXCM told them it was a demo account.
  • #24
  • Aug 12, 2006 10:18am Aug 12, 2006 10:18am
LMFAO!

hopefully that woulda pissed em off enough to take out fxcm building in their next plot
  • #25
  • Aug 12, 2006 1:29pm Aug 12, 2006 1:29pm
LMAO good one there BUrger King!



Quoting BurgerKing
I was informed that they just recently opened an account with FXCM. ANd you were right, they shorted GBP before the attack. They made millions from making the news.

When they filed for withdrawal, FXCM told them it was a demo account.
  • #26
  • Aug 13, 2006 4:40pm Aug 13, 2006 4:40pm
Noticed GBP is going up again at the start of Asia session?
It went up 15 pips and slowly climbing.

Perhaps, it would climb up to 1.8970s (resistance) before going down to the support 1.8890s.
  • #27
  • Aug 13, 2006 6:57pm Aug 13, 2006 6:57pm
MI5 had downgraded the terror threat to severe. It was reported that this news leaked out earlier than expected.

Will that send GBPUSD up? It has risen some 30 pips since asia open.
  • #28
  • Aug 13, 2006 7:21pm Aug 13, 2006 7:21pm
Quoting BurgerKing
MI5 had downgraded the terror threat to severe. It was reported that this news leaked out earlier than expected.

Will that send GBPUSD up? It has risen some 30 pips since asia open.
In my view it is only correction up on hourly charts which when complete will restart a quick fall down.I do not know about fundamentals but I trust my technicals most of the time.
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  • #29
  • Aug 14, 2006 7:23am Aug 14, 2006 7:23am
WOW! You got good charting there.

What is your charting setup? Indicators? TimeScale?...
  • #30
  • Last Post: Aug 16, 2006 10:28am Aug 16, 2006 10:28am
Seems that there is still some UK terror plots lingering over at UK as broadcasted from CNN.
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