GBPUSD: I'll risk looking like an idiot...

2017년 1월 8일

...I think GBPUSD is ready to resume the downtrend here. It has significant downside, all the way down to $1. I'm entering shorts at market open, seeing it as a very low risk trade idea.
Exposing 0.5-1% of the account, with a stop just above the recent swing high is a good idea overall.

Cheers,

Ivan Labrie.

2017년 1월 9일

노트

China's attack on the dollar boosted all currencies and assets priced in dollars, except for BTC naturally, and it appears like that nefarious influence is receding.
You can see the rally in the pound matched the PBOC shock timing, so, as with everything else that mirrorer the yuan, it was only a short term distortion.



Down for the day, gapped down, looks like it'll keep going down.

2017년 1월 9일

노트

2017년 1월 9일

노트

An extra piece of information and potentially a clue: relative strength!
Many USD pairs are down, yet USDGBP is up.

2017년 1월 11일

노트

Good to trail stops down, and even double the position.
Target on chart.

2017년 1월 11일

노트

Trail sl to 1.2175, and add.

2017년 1월 15일

노트

bloomberg.com/news/articles/2017-01-15/may-to-seek-hard-brexit-by-leaving-eu-market-says-sunday-times

We will see a selloff here and in the Euro I think.

I'll post my updated chart.

2017년 1월 23일

매매 수동청산

I'm hesitant now. I'd reccomend standing aside for a while.