I was merely pointing out, through using a hypothetical example, how corporate bankruptcy filings could increase while, at the same time, unemployment moves in the opposite direction. Yes, the UK economy does need to re-balance, towards a model that ...

GU, GJ and EU Analysis Thread

Mr Magnus, an excellent economist, cites the financial sector and the housing sector as contributing to 60% of GDP growth, which is totally different to the financial sector contributing to 60% of the country's GDP, as your original post stated. The ...

GU, GJ and EU Analysis Thread

Some points.... 1) The finance sector certainly does not account for 60% of the UK's gross domestic product, nowhere near in fact. Please advise where you are sourcing this incorrect number from? Depending on how one measures the scope of what ...

GU, GJ and EU Analysis Thread

But you have time and space to re-evaluate your position bias once your stop has been hit.

Cable Update (GBPUSD)

But you're flat risk, zero position, not hedged in the slightest. Proper hedging is a totally different beast. Why not accept the stop being hit, stay out of a position and wait for the next opportunity that meets your criteria of what constitutes a ...

Cable Update (GBPUSD)

Well, it can't keep going down forever, so obviously everyone should be trying longs!

Cable Update (GBPUSD)

Well done. However, if you must post how many pips you've won, then publish the relevant trades as and when you take them, together with your thought process, rather than retrospective details of your profitable trades only. Having posters come on ...

Cable Update (GBPUSD)

Perfect comic timing, Azim!

Cable Update (GBPUSD)

Nobody does.

Cable Update (GBPUSD)

Maybe on demo but in live trading, orders are normally subject to slippage risk, unless you have an arrangement to get guaranteed fills on your stops, in which case you accept a much wider spread from your broker when entering a position.

Cable Update (GBPUSD)

Guys, That is a genuine HSBC website, though it is not an address that is appropriate for what has gone on here. FXbillie posted a link to a site for HSBC's institutional and private clients only, which contains access to their published market ...

Jacko's Forex House of Pleasure and Pain

Guessing from your posts that you're short, Adrian?

Cable Update (GBPUSD)

Following the Greek drama, the market was certainly crying out for fiscal discipline, rather than further, or continued, expansion of the government's balance sheet, hence the favourable response to the austerity budget. This mood is in marked ...

Cable Update (GBPUSD)

But the better than expected economic numbers, including the public finances, cannot yet be attributed to the Conservatives or any of their policies, as they have been in power too short a time for their economic policies to be objectively judged. ...

Cable Update (GBPUSD)

The core CPI, as an inflation measure, strips out food and energy, among other components. Thus, it is often the measure that central bankers tend to place a great deal of focus on, as it shows the true price pressures that exist within the economy, ...

Cable Update (GBPUSD)

Never one to miss an opportunity, after picking up on the strong client interest for Mr Laidi's short and curly bits, Goldman Sachs look set to launch the "GSHI" (Goldman Sachs Hair Index), which can be traded in ETF format just like their famous ...

Ashraf Laidi "calls"

You're out of touch, I am afraid.... Things have changed a great deal from the late 90s, big boy, when you were clearly the big shot in the FX world, setting the markets on fire. Yes, the founders of interbank bookies make decent money, particularly ...

Ashraf Laidi "calls"

Are you for real? Do you understand the food chain? Interbank brokers are the bitches to the banks' trading desks and cannot compete in terms of salary or bonus, I promise you that. They are there to beg for bits of business that traders put their ...

Ashraf Laidi "calls"

And your reaction to his (or her) incoherent and rambling post has earned you a Vouch - for what little they are worth.... All the best...

Cable Update (GBPUSD)

Market appears a little troubled by the weak investor demand at auctions for 5y and 15y Italian government debt. This brings back into question ability of the highly indebted Eurozone members to fund their huge deficits.

Cable Update (GBPUSD)