Looks like the Beast has been woken!
http://tinyurl.com/GBP2104
And..I am square Cable...into the weekend...will look for a better risk/return buy early next week if it is still above 1.6425.
You want to trade my videos with me....
Hedged 1.40 June Euro Calls today taken late february based on this analysis
http://tinyurl.com/EURANALOGYFEB2011
I can find alot more videos that are right and of course that are wrong.
Thanks for the input. We publish our analysis and actual trades in a number of ways...if you follow me @EdMatts on Twitter you will see live trades I take...eg this morning hedged long date Euro calls taken 2 months ago, exited Cable and Aussie longs.. one reason..check out Aussie on October 1st...
I would start off by saying Mt friend...but your manners prevent that.I suspect I have done more successful trades than you have had polite thoughts. The difference is that I am willing to share my analysis and trades. What is more we take and share many of the trades we highlight. All you want...
The answer to how high Cable will spike http://tinyurl.com/GBP1504 really comes down to Euro Sterling...which given this view. http://tinyurl.com/EURGBP154 could tame the beast below 1.6425. Interesting dilemma!
Good Luck
Ed
@EdMatts on Twitter
Not alot given the 1100 range we've been calling last 2 months.lol Agree its a short term forecast but in context of medium term...alot of people who follow us are still long looking to cover and sell 1.46+ So the wide range is to give confidence that we still think need to exit longs and sell...
Apologies for the delay but despite the sharp moves today I dont think the $EUR is going anywhere fast.
http://tinyurl.com/EUR144
Good Luck!
Ed
@EdMatts on Twitter
Does it help or hinder knowing how Cable likes to trade? Seen this price action so many times before!
http://tinyurl.com/GBP144
But sometimes experience gets in the way!
Good Luck
Ed