Hello Guys,
after few weeks i finally have something to say,
Be careful if yo uwant to Buy Pound,
it may hit 1.2900 very soon,
and UK is not Doing very well,
after 2 weeks of Research on Fundamentals, pound just got boosted by USd weakness,
i am not trading pound very much i was in YEN from 145 and made very good profit till 140 then got out,
now its time to go back in today is slow day,
but remember it was over reaction and so many rumors about FED,
but if you look really hard on US and UK economy, its as bad as it looks,
remember the Phrase "Buy on Rumors SELL of FACTS."
so this time for us it is about selling pound not buying we could be wrong but until 1.33 is broken we will be fine,
it is an Important week for the Pound it will set the Medium term trend, so end of the week we will know if it goes to 133 or 129
but 133 looks a bit of Stritch to be honest,
anyways Good luck Guys.
Take Care.
after few weeks i finally have something to say,
Be careful if yo uwant to Buy Pound,
it may hit 1.2900 very soon,
and UK is not Doing very well,
after 2 weeks of Research on Fundamentals, pound just got boosted by USd weakness,
i am not trading pound very much i was in YEN from 145 and made very good profit till 140 then got out,
now its time to go back in today is slow day,
but remember it was over reaction and so many rumors about FED,
but if you look really hard on US and UK economy, its as bad as it looks,
remember the Phrase "Buy on Rumors SELL of FACTS."
so this time for us it is about selling pound not buying we could be wrong but until 1.33 is broken we will be fine,
it is an Important week for the Pound it will set the Medium term trend, so end of the week we will know if it goes to 133 or 129
but 133 looks a bit of Stritch to be honest,
anyways Good luck Guys.
Take Care.
Don't compare your Trades with Others
11
