Get Long The GBP

vanzandt said:
Pound is going up.
Bet the farm.
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Will put it in to some context for you, having access to institutional grade analysis. On a rational level what you are saying is correct, on the chart is the greyblue (defensive) dashed line at the lower of the second window, the market has bottomed.

The problem, the yellow circles around the blue (neutral) and aggressive (red) dashed lines, it's broken decades of models. You can guarantee that some idiots haven't switched off their algos so you are playing roulette right now, and the house usually wins.

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profitlocker said:
Dollar cost average (monthly) into GBP for the next six months. Probably outperform the S&P 500 looking out a few years.
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I agree, but as per usual the issue is risk. Underleveraging does not seem appealing at this stage of my trading career either, waste of time.
 
FreakofNature said:
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Reading your past calls, you are a tremendous fade.

Good day to short nflx, rallies.

FIT going up, tanks

NKE calling bottom, tanks.

Now GBP, and you shorted the top of a downtrend.

Keep them up kid!
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Fit is going up long term.

Didn't I say not to touch nflx short last week at $102 ? NFLX is a trader, I'm in and out of it so much its not even funny. But it will be much lower this time next year. So bookmark the post.

NKE.... yep... $53 wasn't the bottom.... but it'll be higher soon enough. Bookmark that too.

Your post left out all the good calls.

BMY short @ $65,

KMX all the way down,

CMG buy at $394 and $412,

DLTR short when the world thought they were going over $100,

TGT short at $75,

FB long @ $122, (said I'd never short it again).

AAPL long at $96 the day of earnings (went to $103 plus)

TSLA short @$225 (called it long at $197 last Friday)

Called BREXIT.

Called S&P top at 2187 on 8/24 (still standing btw)

QSR (Burger King/Tim Hortons) short at $48plus

HD short into earnings @$138... said it would go much lower. (long now)

And there's probably more. These are just off the cuff.

The GBP....now that was a tip from someone that knows Forex better than I, and the guy's rarely (if ever) wrong.

So fade away bro.
Fade NiKE and FIT.
Fade the Pound

I perused some of your posts. I'm not even gonna go there. But it takes balls to make calls. From what I can discern reading your content.... ahh ... never mind. Go watch Star Wars. Again.
Don't forget to fade........
 
Gbpjpy still look on bearish pattern now, yesterday movement still not differ much with today market, but now daily candle already figure our bear candle, and low timeframe also occur small wave rebound
 
Nearly 200 pips now from original "long" call OP and btw you were asked about stop for a reason which you obviously didnt reply, for a reason.

Not trying to be mean, just proving a point.
 
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