magic is back!

Hi All,

for those who do not know me and for those who cant remember i am the guy who told you all this is where we will be $2 £, and here we are.

Been out for a while developing luxury villas in the carribean, still some work to do, but all is well - if your interested in making money, i will sell you a dream, cause thats what i do - investors paradise is the moto

ok here is what i do, trade, invest, and make money

i am waiting for a buy on eur/usd - gbp/usd - gonna do it at the next 5 pip dip

why?

for the interest rate descision - if you cant make 50 pips between now and tomorrow night, then shame on you, if your not interested then more fool you!

how you can make sure it will go up ? the interest rate expectation is no change, so it could even set gbp to lower, if there was a hike expectation i would be agree with you but here is different and tomorrow interest rate is set to unchanged, can you please explain more , i maybe wrong, thanks

Unless there might be some world crisis, I am planning for gbp/usd to go south to around 9870.

Yup. Me too. More short than long in my opinion. Magic, why do you reckon on a positive surprise tomorrow?

magiqfx im with ya as soon im in upper range i take half profit volatility is back just look at kiwi and gold, rate decision or not G8 can spoil shortterm moves thats the also the risk for know, as far i have read in news is that jpy has been discused

revoke

I think the answer is bear in his name!

Hey magic what happened to your 50

As I mentioned earlier.
Conditions were most probably indicating that cable would down at the BoE interest rate event.
I shorted before the news for a gain of 34 pips after the news.

Look at where is it has gone now. Awesome! down and down

Well I shorted last night for a nice round figure of 150 pips. It bounced of the previous days resistance nicely.

This thread should be stickied. I remember seeing so many people reading this thread( a lot of names I didn't recognize), and was saying, man I hope these people don't read this stuff and trade it(with a real account).

Threads like this pop up quite often. Is it a big deal the guy was wrong? No, hopefully he didn't unload his account on some prediction. And it was just another trade for him(although his ego may be a bit dented).

The main thing to realize is following someone else's advice is suicide. Unless you take every single one of their trades, in the end, is not worth it.

I am not trying to mock the author of this thread, even though he was trying to mock anyone who didn't take a long.

Just hoping new people don't fall into this type of trap.

Best,
Mike

Maybe he meant buy USD/EUR
typing errors pops out quite recently these days

I suspect you also trade, invest and lose money.