GBPUSD: Technical and Sentimental: Short Trade
Larger funds seem to be increasing their short positions in GBP. It looks clearer that last week, where the chart was consolidating.
Risk: UK election kills the trade.
This is not one of my best idea trades that Rocketman's member's enjoy, but it is a trade I am taking; nonetheless with a smaller size because of the risk ahead.
Maybe in hindsight, everyone will talk about how this candle and that candle predicted a move in GBP, and "you see?! All that mattes is a chart. Blah..blah..blah..."
- Rocketman
Risk: UK election kills the trade.
This is not one of my best idea trades that Rocketman's member's enjoy, but it is a trade I am taking; nonetheless with a smaller size because of the risk ahead.
Maybe in hindsight, everyone will talk about how this candle and that candle predicted a move in GBP, and "you see?! All that mattes is a chart. Blah..blah..blah..."
- Rocketman
Trade active:
Comment:
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.