tripleogstar
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Usually when US stocks end up more than 2% down the Japanese will follow down also.. The Japanese will dump GBP/JPY and Cable will follow.. I'm bailing right above the resistance at 1.477 .. will take a last hour US stock rally to break it though.. I feel alright about being short Cable.
Dow just got smashed. I think I will be joining you in the short cable trade, looks like USD is now set to rally overnight. But will buy in the 1.45 region. Just went short on cable at 1.4735