Get Long The GBP

[Zzzz1]

A moment ago you talked about this whole trade from the lenses of a position trader. Now you are all of a sudden a day trader and you just happened to catch the bottom in retrospect. Can you please read your post again and tell me you don't feel you come across as being incredibly dishonest?

I'm a day trader but I bought a small position at about 1.2150. I cashed it in rather than hold on for longer. I was hoping it would go a lot lower so I could build a position long but it seems it's not going to do that. The position was small enough that I could have held it way into the red and had funds to add on as and when I wanted but yet still would have been a significant sum when it played out over the long term. It's just another way to trade, not your way but still a successful way. Not everyone wants to jump in and out of trades, for some traders anything intra month is just noise. It amazes me that there are so many people willing to argue against it.

 

[Have a nice day trader]

I am a day trader and not a position trader but I liked the look of this one and the more people like you argued against it the more I liked it. Nothing happened in retrospect, I took the trade weeks ago and closed it ages ago too. I'm not here to convince you or anyone else of anything other than the fact that just because you can't see the merit of the position doesn't mean it's not a valid trading method. What you believe ultimately is up to you.

 

[Zzzz1]

And I am telling you that in professional space most every trader , desk head, risk manager would have considered the timing and risk parameters of this trade inferior, unprofessional, and outright dangerous. You can believe whatever you want but the risk reward of this trade stinks, and even more so in light of the fact that no other information was provided, such as missing anticipated holding period, stops , target levels.

Last post here, over and out.

I am a day trader and not a position trader but I liked the look of this one and the more people like you argued against it the more I liked it. Nothing happened in retrospect, I took the trade weeks ago and closed it ages ago too. I'm not here to convince you or anyone else of anything other than the fact that just because you can't see the merit of the position doesn't mean it's not a valid trading method. What you believe ultimately is up to you.

 

[Have a nice day trader]

Whatever pal, won't be missing you.

 

[cresa maugh]

My opinion, which is just that my opinion, in a holding pattern till the next drop.

Look at other GBP pairs - all very similar with slowing but still negative momentum.

I think Trump will weeken dollar vs Pound; very confusing

 

[Trading Education Buyer]

 

[mlawson71]

I definitely have a long position now.

 

[Trading Education Buyer]

Pound is going up.
Bet the farm.

 

[pipeguy]

Gold was really tricky during the elections. Certainly it has been under heavy speculations, killing for many traders..

 

[Trading Education Buyer]

https://www.google.co.uk/search?q=n...ved=0ahUKEwi3nK-P8r_QAhVJCMAKHePaD-oQ_AUIBygC

holidays to u k are now cheaper