Comment: Might a bit dark-sided thinking but not looking good for gbp guys..
Trade closed: target reached
Hi John and thanks for sharing. I am new to the forum but not to the G/Y. I was noticing a large amount of longs in the past couple of days and I am glad you are sounding a warning, because I agree with you. I believe that the G/Y will catch a short, perhaps to 130.00 before rising up to the targets that others are establishing. It only makes sense: the bears will take all of this bullish money and the indicators show fatigue at this current level of 131. + I put in a short near the close on Friday and I am looking to get back in somewhere in the 130's.