GBP

sometimes we can think too much :-) chartz are important. btw I got long AAPL at said level. I feel bearish GU and EU etc but the usd is torn directions. Tradin jpy's and indices more at mo.

yep, but current 1.56 give me a good reason for 151.5/7, and further UJ drop maybe accelerate it to 149ish. if GU keep going up, i still can hold it even, cus UJ will drop anyway.

so the question is GBP go up faster or USD sinking faster.

and, soros short spx give me a good reason turn to JPY long. if he is right, GBP will have a U turn, but USD will raise slower than JPY.

i guess soros use AAPL long hedge spx short. he must knew AAPL enlarge their IC orders.

since last month, chinese start to believe gov would print more. so i quit aussie trade, cus uncertainty.

yep, it does look look like a 5 wave C from the B low at 5100. May or may not be completed.

Its not necessary to be a hero picking a major top. Why not await some degree of confirmation on smaller timeframe. In the long run this pays off--reducing losses stepping in front of rising/falling trains.