Been with you long in Aussie since 7690ish - FWIW I reckon it'll go higher although I took some profit at 7950. 8000 is a big level and 50fib so if it's going to turn I guess this would be as good a place as any, I see 8200 area at least if not. My view is:- it still looks bullish, the stops are...
This happened
May 21 (Bloomberg) -- Britain’s top-level credit rating is more likely to be cut by Standard & Poor’s as the government’s finances deteriorate amid the worst recession since World War II.
The U.K.’s AAA outlook was lowered to “negative” from “stable” because of the nation’s...
it's at a big level on the H&S - be nice to see it correct a little then some bearish PA then it'll be a nice move south.
Gizmo commented on this one yesterday - 99.400 area was the place to have got short
Nice trading Blue, it's sometimes really difficult to hold out - but this happens so so many times, adopting this strategy is often the difference between a good trade and an historical winner.
Thanks BBMAC, new to NFP day but sounds like it can be a bit of a bloodbath, so I think I'll sit this one out - only got one small position left open anyway and thats at BE - maybe it's time to go cut the grass....Tractors fixed! whooppee!
Started reading up on IB's this week, that pair is at a great level, it just doesn't seem to be getting the whole going down thing just yet...I guess it's simply still countertrend to short