Missed our GBP Trades?
As GBP takes center stage, I am receiving several tweets and emails of charts showing the technical ugliness of the currency. So I take this chance to highlight to those (who are not subscribers) that we started issuing bearish trades in GBPUSD, GBPAUD, GBPNZD and GBPJPY since September 2015 -- a time when the market was busy with China, US stocks and oil, we sent multiple trades in GBP crosses since early Sept.
Premium subscribers will note that our "bearish GBP" momentum intensifed ahead (not after) the BoE's quarterly inflation report of early November, when GDP and CPI forecasts were dealt a major blow by the BoE's Monetary Policy Committee. Of course, this was at a time when most "big banks" were still forecasting a BoE rate hike in Q1 and Q2 2016. On December 21 webinar for FXStreet, I reiterated the 3 major reasons for my GBP shorts here.
The rest was history.
توازن بين الخروج السريع والبقاء الصبور
by Ashraf Laidi | Mar 22, 2019 14:23
Yen up as Yields Break Down
by Adam Button | Mar 22, 2019 11:48
تعلم من صفقاتك الناجحة والخاطئة
by Ashraf Laidi | Mar 22, 2019 10:00
Fed Confirms No Hikes
by Adam Button | Mar 21, 2019 10:18
إستغلال الفشل المناسب في مؤشر الداكس
by Ashraf Laidi | Mar 20, 2019 16:24