wackypete2
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Hmm... I wonder if Cable has been showing a bottom recently. Would be interesting to see price shoot up to 1.58, though I'm not holding my breath.
Maybe a bottom??
Hmm... I wonder if Cable has been showing a bottom recently. Would be interesting to see price shoot up to 1.58, though I'm not holding my breath.
BeginnerJoe said:I think GBP is being used for plays in EUR. It's acting as a repository for money while they go in and out of EUR. EUR looks to be peaking, the down side for GBP is limited. All the money in EUR will get poured into GBP soon enough. I am adding more on timed intervals.
it's going to the bottom of the monthly range Joe, watch and learn
-100 on that one.
I was looking at the daily when I now realize the clue was on the 4h. I have been purposely not using any stoploss for the past couple weeks, but it seems I need some form of risk control here. I'll have to think about it.
the 1st clue was when Carney said 'flexible inflation targeting' last week one of the biggest BS phrases I have ever heard a public figure utter, up there with WMD and the like.
the 2nd clue was when Merv ditched the inflation target and basically admitted robbing the UK public blind of their savings
No cable trades today?