GBP/USD trading

Quote from nik1033:

Cable seems to retrace till 2.0155 earlier on Monday and later will move up to first target at 2.0250....

GL

Ups, no retrace... target reached.... :)
ASusilovic, now we can wait for the news comin':)
 
Quote from nik1033:

Ups, no retrace... target reached.... :)
ASusilovic, now we can wait for the news comin':)

Have been surprised by GBP´s resilience in the wake of Northern Rock and also by the adjustments made for GDP. Dd not have any position in currencies in the last couple of days. Funny enough, though, I read an article that Yen gains as report on U.K Deposit Scheme causes risk aversion :

http://www.bloomberg.com/apps/news?pid=20601087&sid=asntCOyV3lBU&refer=home
 
Quote from nik1033:

t/p level reached...x 2...:D

A classic example of a trader willing to suffer big losses and drawdown not to have to admit he's wrong. Bravo and good luck with that next time!
 
Quote from bigmrfrank:

A classic example of a trader willing to suffer big losses and drawdown not to have to admit he's wrong. Bravo and good luck with that next time!

I underlined in my previous post then I admit my wrong step, I post it as 'stopped out'...

Good trades and good luck to you!
 
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