Qoute.
Lol...just more proof the market has no mind....if no traders went long they didn't make any money this morning. Thing is, traders did go long, otherwise there's nobody buying cable and no buying pressure so it wouldn't have made that bull move after the fake break south.
Nice to see your side of the coin. Of course some people went long. Those who went short yesterday decided to take profits? Certain instituitions could not wait since their customers needed GBP immediately? Some who see no hope anymore and got out of their trades - Scalp turned against them ? People felt the bottom has been made after that fake break South ? But before first making south traders did not really go long.! ! Though I went short GBP this morning ( previous chart )and booked the profits as you can see, I did not go short this afternoon. I went long GBP and EUR after the bad housing report.
I must say I really enjoy your thread. I am sure many have the same opinion though they do not voice it out. Don't let it die off.
Have a nice weekend
Highway.
Lol...just more proof the market has no mind....if no traders went long they didn't make any money this morning. Thing is, traders did go long, otherwise there's nobody buying cable and no buying pressure so it wouldn't have made that bull move after the fake break south.
Nice to see your side of the coin. Of course some people went long. Those who went short yesterday decided to take profits? Certain instituitions could not wait since their customers needed GBP immediately? Some who see no hope anymore and got out of their trades - Scalp turned against them ? People felt the bottom has been made after that fake break South ? But before first making south traders did not really go long.! ! Though I went short GBP this morning ( previous chart )and booked the profits as you can see, I did not go short this afternoon. I went long GBP and EUR after the bad housing report.
I must say I really enjoy your thread. I am sure many have the same opinion though they do not voice it out. Don't let it die off.
Have a nice weekend
Highway.