Sorry, I am done here. If you're interested in learning something about economics and macro issues, try reading some of the decent publications out there. Personally, I think the FT and The Economist contain some strong analysis from across the ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Using your example, when we export 50bn and import 100bn worth of goods and services. How do we finance that 50bn shortfall? How do we continue to finance that deficit, which is increasing by 50bn per annum? Is this a sustainable model for long-term ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

But a stronger pound would increase the imbalance between imports and exports, thus increasing the external deficits even further, and risking an import of deflation into the economy. So how would that be more beneficial? The economy of the UK, like ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

It's nothing to do with manipulation. Well over 50% of the earnings of FTSE100 companies are derived from international markets. Therefore, a weaker domestic currency is beneficial to the bottom line when earnings and dividends are repatriated. More ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hello Stew, Check out the below link, which defines the likes of "delta", "gamma" and "vega", all of which form "the greeks" that are used by option traders to quantify and decipher the different types of risk present on their portfolios. url If ...

The WoRmHoLe

This argument has been long since exhausted, D. It is no longer a debate but only a childish rant over "he said, she said" and "my system is better than yours".... It has ceased to be of any use, in my opinion, and I think the vast majority of ...

Cable Update (GBPUSD)

Very well said, Grashid. It is painful and tiresome to watch these arguments on the forum, which will never result in an agreement between the parties involved.

Cable Update (GBPUSD)

Come on, I was just talking about sharp upward moves. As you say, it's impossible to quantify the reason for every change in price, so the best thing is to follow the money, trade the underlying sentiment as it were, using whatever tools we have ...

The WoRmHoLe

Hey Azim, Herzog and myself exchanged a couple of messages, as his post wasn't aimed at me. So we are all good. Cheers, Paul

The WoRmHoLe

I think we actually agree on some points, it seems. In my view, short squeezes definitely exist in both the spot and options market, albeit with different characteristics from those seen in the equity or commodity markets, when there could, in ...

The WoRmHoLe

I was giving a definition of the term "short squeeze" and how it applies to, and is used in, the FX market, the mechanics of which differ from how the term applies to other asset classes. The VW squeeze was one of the most vicious short-squeezes ...

The WoRmHoLe

Azim is a good friend of mine who actively encourages me to post on this thread. It is Sunday, the market is closed, so I deem that such discussion is healthy and does not occupy too much space. However, if Azim thinks otherwise, then I shall ...

The WoRmHoLe

Of course short squeezes occur in the spot market as large numbers of stops are triggered, which exerts more upward pressure and momentum on the underlying price. The very fact that stops, and option barriers, are often clustered at or just above ...

The WoRmHoLe

There's support at 4840/50 that needs to be broken to open the way for further downside.

Cable Update (GBPUSD)

Firstly, there's definitely no such thing as a holy grail. Secondly, how many years of historic data have you used in back-testing this system? Have you stress tested it adequately through trending and ranging markets and times of very high and also ...

Cable Update (GBPUSD)

That kind of thing doesn't happen on Forex Factory.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Good advice, I think... This descending t/l could well prove to be pivotal in determining the near-term trend for this pair. The weekly engulfing candle, however, does indicate more buying pressure going into next week. Personally, I am on the ...

Cable Update (GBPUSD)

Brown and BOE love a weak sterling, mate... Speak tomorrow!

Cable Update (GBPUSD)

True, but they've been advising clients to be long risk assets since before the summer - quite a lucrative call. Even the best will get it wrong occasionally...

Cable Update (GBPUSD)

I could never have predicted such a move, Navin. In fact, I was shocked to see the price when I logged on this morning and missed out completely on the move. When I logged off last night, price was still trading just below the descending t/l from 11 ...

Cable Update (GBPUSD)