{quote} thank You Elbert
Cable Update (GBPUSD)
- #438,922
- Sep 3, 2016 4:37pm Sep 3, 2016 4:37pm
- Joined Dec 2005 | Status: Trader | 2,857 Posts
Elbert yep , agree with you - all the more so if we can break 1.3380 to the upside for good, if that's the case we could be sailing for higher seas
Bones think so too, now that the UK is no more part of the EU there's no more need to be aligned to the ECB monetary policy, so they have free hands to hike as they like, yikes !!
Bones think so too, now that the UK is no more part of the EU there's no more need to be aligned to the ECB monetary policy, so they have free hands to hike as they like, yikes !!
- #438,924
- Sep 3, 2016 4:51pm Sep 3, 2016 4:51pm
- Joined Dec 2005 | Status: Trader | 2,857 Posts
{quote} Tried to sub to you but o cannot on my phone for some reason.
{quote} Again mail no line story :Ex-Barclays trader faces 1m fine for rigging foreign exchange markets to cash in himself ; reading your posts my friend is s currencies dealer but he is very professional he won't tell me a thing but it is known that there are lags in platforms were trades can be placed seconds before the main market . We see them just before a big news event where whipped takes place
Christopher Ashton, 42, was part of an elite group of euro dealers who called themselves the Cartel, according to the Federal Reserve.
They used internet chatrooms to fix currency prices and share confidential information, communicating in code and replacing letters with numbers to avoid detection.
The aim was to artificially push currency prices up or down, earning extra cash at the expense of the clients in whose money they dealt
This is a h u g e story - we could write whole books about it
- #438,925
- Sep 3, 2016 5:22pm Sep 3, 2016 5:22pm
- Joined Dec 2013 | Status: Trader | 19,815 Posts
Elbert yep , agree with you - all the more so if we can break 1.3380 to the upside for good, if that's the case we could be sailing for higher seas Bones think so too, now that the UK is no more part of the EU there's no more need to be aligned to the ECB monetary policy, so they have free hands to hike as they like, yikes !!
- #438,929
- Sep 4, 2016 4:23am Sep 4, 2016 4:23am
- Joined Apr 2011 | Status: Trader | 2,421 Posts
Weekly: 3 consecutive bullish candles, the first one was engulfing on rejection level. {image} {image} {image}
Nice one ..
- #438,930
- Edited 4:49am Sep 4, 2016 4:32am | Edited 4:49am
- Joined Apr 2011 | Status: Trader | 2,421 Posts
Carneys delved the pound further without knowing what Brexit details ,he's created inflation ,he can't lower rates further , his next move more like rates up personally I don't see the uk leaving as a problem,I'm all for it {quote}
Likewise - lots of talk and then little action lol ..
On a positive note however Inflation might work so Interest rates above zero can be adjusted to stabalize the economy when its deemed to be needed. Usual cat and mouse stuff. Chicken and the Egg scenario. Positive effects might also see a reduction in public debt
Just some Positive thoughts here .. if you know what i mean
