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GBPUSD Bullish Trend Continues

rahiths (rahiths)
Feb 16 2014 at 13:05
98 posts
no idea what cable will do next wk but I suspect we get a continuation on Mon and if it corrects, it'll start Tues😞

A trader can be an economist but an economist could never be a trader. They are too theoretical.
rahiths (rahiths)
Feb 16 2014 at 14:14
98 posts
A sell-off is coming

Attachments:


A trader can be an economist but an economist could never be a trader. They are too theoretical.
rahiths (rahiths)
Feb 16 2014 at 14:23
98 posts
1HR CHART: Institutional Trade Levels: Key lvl to look 4 on the upside is 1.6795. Downside key lvl is 1.6606.

Attachments:


A trader can be an economist but an economist could never be a trader. They are too theoretical.
Forex21
Feb 16 2014 at 16:46
416 posts
I would be careful. We are not through yet.

frank
RedRhino
Feb 16 2014 at 19:57
471 posts
rahiths posted:
A sell-off is coming


https://www.myfxbook.com/community/outlook/GBPUSD

With 12,000 Lots Short, who can be wrong?

rahiths (rahiths)
Feb 16 2014 at 20:42
98 posts
RedRhino posted:
rahiths posted:
A sell-off is coming


https://www.myfxbook.com/community/outlook/GBPUSD

With 12,000 Lots Short, who can be wrong?


who knows ... upside test and break of 1.6790 risks for a test of 1.6850-80 zones.

A trader can be an economist but an economist could never be a trader. They are too theoretical.
Forex21
Feb 16 2014 at 20:58
416 posts
RedRhino posted:
rahiths posted:
A sell-off is coming


https://www.myfxbook.com/community/outlook/GBPUSD

With 12,000 Lots Short, who can be wrong?


*lol* I checked the community outlook Thursday and it said 8.5 thousand lots short. I think some traders are a bit nervous at the moment. I really hope for them that there will be at least some correction.


frank
RedRhino
Feb 16 2014 at 22:21
471 posts
850 Lots Shorts were stopped out. From 12,000 Lots to 11,300 Lots.
https://www.myfxbook.com/community/outlook/GBPUSD

amag80
Feb 17 2014 at 02:19
13 posts
a very strong GBP is bad for UK economy

knockroe
Feb 17 2014 at 09:03
20 posts
So should we follow the sheep or be a contrarian?

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