"The trend is your friend, until the end."
Dislikedthat's a good Q... for me 6MA is higher than 23MA.. on my M15 that is..
still planning to be around when GBP goes to 1.35xx...
I guess trend wud be different for different people.. cheersIgnored
Dislikedgood news, so will this rally now?Ignored
DislikedEquity markets are still unsure over how to interpret the data, so too early to gauge the unfolding levels of risk aversion. However, given the sharp sell-off of yesterday, I would expect some positive sentiment, even if it's only in the shape of a relief rally.Ignored
Dislikeda raly would make most logical sense but with this market you never know. at the moment everything seems quite stationary. I imagine that a few people are thinking that since the news was good for the US that they should buy dollars and thats whats keepnig it at this level. Then hopefully (as a UK citizen with no open position) we could see a rally as people may remember that bad news in US has meant good news for the $ and vice versa.Ignored
DislikedThanx for the confirmation I was thinking that myself but wasnt sure. It certainly explains the none event I think everyone is bewildered at seeing good news for onceIgnored