Gbp/usd

Quote from Jurij12505:

My today's forcast
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Can someone enlighten me whether this forecasts are a joke. He's been wrong every single time thus far. You could only be this bad if you were trying.
 
I think you can keep you long cable on. There's more profit to expect on wednesday when the european market reacts to the feds rate cut. I believe that we can see 2.0500 by the end of this week.
 
Quote from Sobieski:

OK, you may close your long cable, and enjoy whatever profit you made.

Niet zac, Juraj.
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You think we're done on the upside? New monthly lows? Or are you just swing trading?
 
pkts, I actually agree with peter, cable has probably got more upside.

But I am in the European time zone, need to sleep, and am not sure what the Japanese will do with gbp/jpy when they get to work.

If they decide to sell the carry trade after this pop up, then that'll bring down cable as well.

So I am getting out, and will maybe buy on a dip somewhere later.

But if you stay in, the trend will hopefully be your friend.

Good luck
 
Quote from pkts:

Can someone enlighten me whether this forecasts are a joke. He's been wrong every single time thus far. You could only be this bad if you were trying.
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I think he is using the BnB Method (Bullshit n Bear).

Anyway, closed and reversed my short (sold @ 2.0334) @ 1.9894. Still long. Up 676 pips in less than a week on the cable ( as of 6:30pm EST 9/18). Wonder how the OP made out.
 
Ahhh, I see. I'm a longer term trader (weeks not days) so I don't worry about the different time zone reactions. Plus, I don't want to have to follow it thru the night (I'm in the US).

Thanks, good luck to all of us.

Quote from Sobieski:

pkts, I actually agree with peter, cable has probably got more upside.

But I am in the European time zone, need to sleep, and am not sure what the Japanese will do with gbp/jpy when they get to work.

If they decide to sell the carry trade after this pop up, then that'll bring down cable as well.

So I am getting out, and will maybe buy on a dip somewhere later.

But if you stay in, the trend will hopefully be your friend.

Good luck
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Yeah, great method :)

Nice trading, OP only did well, if he reversed all his positions.


Quote from bigmrfrank:

I think he is using the BnB Method (Bullshit n Bear).

Anyway, closed and reversed my short (sold @ 2.0334) @ 1.9894. Still long. Up 676 pips in less than a week on the cable ( as of 6:30pm EST 9/18). Wonder how the OP made out.
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