http://fxmadness.com/2009/10/23/general/reversal-for-pound/ This blog goes where few traders dare - the exciting world of Forex outside the dollar! Sun, 22 Apr 2012 16:22:11 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://fxmadness.com/2009/10/23/general/reversal-for-pound/comment-page-1/#comment-4297 More contradicting data. | fxmadness.com Tue, 17 Nov 2009 17:41:35 +0000 http://fxmadness.com/2009/10/23/general/reversal-for-pound/#comment-4297 [...] as easily as quick sand. Recently, after brief revival, GBP suffered serious sell off on news of economic contraction. Since than we had scares of additional quantitative easing, followed by encouragement that it will [...] [...] as easily as quick sand. Recently, after brief revival, GBP suffered serious sell off on news of economic contraction. Since than we had scares of additional quantitative easing, followed by encouragement that it will [...]

]]> http://fxmadness.com/2009/10/23/general/reversal-for-pound/comment-page-1/#comment-4173 Sterling funding currency for carry trade? | fxmadness.com Thu, 05 Nov 2009 16:40:54 +0000 http://fxmadness.com/2009/10/23/general/reversal-for-pound/#comment-4173 [...] quantitative easing program by additional £25 billion, which is less than expected given contraction in UK economy in last quarter. At the same time European Central Bank also left its benchmark rate unchanged at 1% [...] [...] quantitative easing program by additional £25 billion, which is less than expected given contraction in UK economy in last quarter. At the same time European Central Bank also left its benchmark rate unchanged at 1% [...]

]]> http://fxmadness.com/2009/10/23/general/reversal-for-pound/comment-page-1/#comment-3998 New China scare. | fxmadness.com Mon, 26 Oct 2009 16:04:14 +0000 http://fxmadness.com/2009/10/23/general/reversal-for-pound/#comment-3998 [...] after Europe opened. Not dramatically, but enough to get noticed. Looks like after Friday beating, Pound is reversing again. GBP has been rising all day, seemingly expecting bad economic data from last week to get [...] [...] after Europe opened. Not dramatically, but enough to get noticed. Looks like after Friday beating, Pound is reversing again. GBP has been rising all day, seemingly expecting bad economic data from last week to get [...]

]]> http://fxmadness.com/2009/10/23/general/reversal-for-pound/comment-page-1/#comment-3987 admin Sat, 24 Oct 2009 17:11:00 +0000 http://fxmadness.com/2009/10/23/general/reversal-for-pound/#comment-3987 Kramer, conspiracy theory? A cabal of neferious characters sitting in a dark room, filled with cigar smoke, somewhere in London, calling shots as the dice roll... Kramer, conspiracy theory? A cabal of neferious characters sitting in a dark room, filled with cigar smoke, somewhere in London, calling shots as the dice roll…

]]> http://fxmadness.com/2009/10/23/general/reversal-for-pound/comment-page-1/#comment-3986 admin Sat, 24 Oct 2009 17:06:00 +0000 http://fxmadness.com/2009/10/23/general/reversal-for-pound/#comment-3986 Casey, yes, you could trade it as an "always in" system. But I wouldn't suggest it. You'd have to be prepared for very long stretches of sub- and non- performance. Much better to be selective. Casey, yes, you could trade it as an “always in” system. But I wouldn’t suggest it. You’d have to be prepared for very long stretches of sub- and non- performance. Much better to be selective.

]]> http://fxmadness.com/2009/10/23/general/reversal-for-pound/comment-page-1/#comment-3985 Kramer Sat, 24 Oct 2009 16:22:39 +0000 http://fxmadness.com/2009/10/23/general/reversal-for-pound/#comment-3985 I think that what happens with Pound is one big manipulation. It moves on steroids, at the opposite direction than logic dictates. Something is behind it. I think that what happens with Pound is one big manipulation. It moves on steroids, at the opposite direction than logic dictates. Something is behind it.

]]> http://fxmadness.com/2009/10/23/general/reversal-for-pound/comment-page-1/#comment-3984 Casey Sat, 24 Oct 2009 16:06:08 +0000 http://fxmadness.com/2009/10/23/general/reversal-for-pound/#comment-3984 This is good, beast trade. Is it possible to trade the highs-lows all the time? For example, right now position would be short gbp-jpy, until stopped and reversed. Have you traded like that? What are the results? This is good, beast trade. Is it possible to trade the highs-lows all the time? For example, right now position would be short gbp-jpy, until stopped and reversed. Have you traded like that? What are the results?

]]> http://fxmadness.com/2009/10/23/general/reversal-for-pound/comment-page-1/#comment-3981 Renata Sat, 24 Oct 2009 05:49:27 +0000 http://fxmadness.com/2009/10/23/general/reversal-for-pound/#comment-3981 Great timing on the adjustment. Worked out really good. Thank you. Great timing on the adjustment. Worked out really good. Thank you.

]]> http://fxmadness.com/2009/10/23/general/reversal-for-pound/comment-page-1/#comment-3980 admin Sat, 24 Oct 2009 04:06:40 +0000 http://fxmadness.com/2009/10/23/general/reversal-for-pound/#comment-3980 Which trade are talking about? Stops, at least original ones, at the beginning, are normally determined by the same chart (time frame) that creates the set up. Which trade are talking about? Stops, at least original ones, at the beginning, are normally determined by the same chart (time frame) that creates the set up.

]]> http://fxmadness.com/2009/10/23/general/reversal-for-pound/comment-page-1/#comment-3978 Prudence Fri, 23 Oct 2009 17:55:46 +0000 http://fxmadness.com/2009/10/23/general/reversal-for-pound/#comment-3978 What size chart do you use to set stops? How did you know to stay in on the 19th? What size chart do you use to set stops? How did you know to stay in on the 19th?

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