Missed on my projections for the action in Gbp/Usd yesterday - got stopped out for a whopping 7 pip profit - but long again today from 1.2140. They can keep selling it, sure, but they won't keep selling it forever. So far, I have no huge profits to show for my faith in sterling's recovery, but I've carefully tested the waters at low risk entry points, so after about 4 or 5 attempts to buy and hold for major pips, I'm only down about 20 pips total - and that's not figuring in the 50 pip profit I'm showing sliding into the end of today. That's basically my strategy - just keep taking small shots here and there until I hit it right.
Writer, currency trader, madman