That's a shame, Navin. I enjoy your input...

Cable Update (GBPUSD)

I think we'll always be prone to bad days, or even the odd bad week, when trading, Chris. It's how we deal with these setbacks that shape our chances of success in the future. I think it's dangerous for new traders to read some of the "I always make ...

Cable Update (GBPUSD)

Ahoj James, Sorry for your loss. We've all been there, mate. However, this is a setback - a part of the learning curve - and needn't be the end of the road in your trading journey. Take a short break from the market, analyse your trades and what ...

Cable Update (GBPUSD)

I didn't mean any offence by my post, Navin. It was a small attempt at Friday humour. I also lost yesterday on cable. As part of my trading, I have a short-term proprietary trend program always on the go, which (unfortunately on this occasion) ...

Cable Update (GBPUSD)

I was being ironic.... I don't believe in conspiracy "big boy" theory BS. Stick to what we can see is happening and nothing more.

Cable Update (GBPUSD)

EUR f&%&ing USD What's wrong with you, Azim???

The WoRmHoLe

I think it's the big boys manipulating everything right now, particularly cable. This is one big stop hunt and nothing else, a conspiracy between the big boys and the central banks to hurt the retail traders! There is NO possible reason as to why ...

Cable Update (GBPUSD)

Hello, Try IG Index, as they allow min pip stake of 10p and you'll enjoy the tax benefits of being with a spread bet provider. This will allow you to operate with less leverage and stress. Although I can't comment on how reliable they are as a ...

Cable Update (GBPUSD)

Bond price move inversely to yields. You cannot seperate the two. Yields are calculated directly from the price of the underlying bond. It is impossible to forget yields. Once yields become very depressed, investors (read banks) will allocate ...

Cable Update (GBPUSD)

Which is why I pointed out the aims and benefits of QE and ZIRP, in that they both help nurse banks' balance sheet and capital ratios back to health and, eventually, force money back into the wider economy. As yields on "safer" assets become ...

Cable Update (GBPUSD)

Retail banks can charge whatever rate of interest they please. All banks love low rates and steep yield curves. The market decides the cost of credit. In the UK, Bank Rate is at 0.5%, but the interest rate charged to SMEs is actually at the same ...

Cable Update (GBPUSD)

But banks will leverage up their equity capital by many times, thereby turbo-charging returns. So, using a simple example, Bank A borrows overnight from the Fed at 0.21%p.a and lends the same amount to the US government, in the form of 30y ...

Cable Update (GBPUSD)

The banks love the current shape of the yield curve, where they can borrow pratically unlimited amounts of cash at the short-end and simply invest in longer dated securities, arbitraging the very favourable yield differential. For example, banks in ...

Cable Update (GBPUSD)

Yep, you got that right. 4% on the week is great, given you're trading with a decent sized capital base. I'm up 0.75% on the week, Azim, and ahead 1.34% for September - which I'm reasonably happy about. Hopefully, I'll finish the month with a gain ...

Cable Update (GBPUSD)

Thanks Chris and good morning to you. I've hardly touched cable this week, but have since been taking positions in other dollar-based pairs, and equities, which have exhibited a far clearer trend. Hope all is well with you.

Cable Update (GBPUSD)

They've not intervened.... Only yesterday, their incoming finance minister announced he was opposed to intervention, so long as FX movements were gradual and not rapid. He then stated his view was that recent moves aren't rapid. If the Japanese were ...

Cable Update (GBPUSD)

Respectfully, I disagree and instead find my views more closely aligned with those expressed by BBMac and FX Local. In my opinion, deflation clearly remains by far the biggest economic threat in the coming months/years, despite policymakers dearly ...

Cable Update (GBPUSD)

Fool, Firstly, I agree with the sentiments expressed by Tanya - I also greatly admire your honesty to admit on a public forum that you went wrong. I hate to see another trader lose, as we've all been there at one stage and know how much it sucks. I ...

4% A Day Forever

Sorry, but this is totally and utterly meaningless, written by someone with a long dollar position, rather than being based on quantifiable market sentiment. The first country out of how many? Who are these other countries? In percentage terms, ...

Cable Update (GBPUSD)

Are you sure about this? If so, please quote the source of this information. I don't believe that a newly elected government would verbally intervene in such an aggressive manner, without firing some prior warning shots, something along the lines of ...

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