Raulin, did you say your GBP puts were massively under water? WHEN did you buy these puts. GBP doesnt look good anyway. see how quickly it collapsed off the 1.6620 after the data?
Hey, MO I agree with you.....many traders are waiting for the entry point for weeks.....But the big players just short USD before individuals.......don't get so hurry up....there always a lot chance to do it.....be patient.
I didn't jump into this moving train, I want to wait into next week.
Woe betide...Moe you aren't the only one feeling the pain of GBP strength...my cable puts are massively underwater...i am hoping ( maybe foolishly) for a USD recovery next week now...and GBP collapse
Hey, Mo Don't be so frustrated. I am bearish GBP too....but the market is focus on USD weakness now...last year many traders made a lot money on short GBP as you know....will they do it again....I am sure they will.....but now they want to short USD......NOK is the best !!!
I hope UK will join EURO before GBP collapse, it will be very painful for the UK nation.
Hello Qin I got your email, how you doing? About me, I am really frustrated by the GBP strength against the USD dollar, even that all technical indicator point to major correction I,e slow Stochastic, RSI AND MACD all crossed to the down side in the daily and weekly chart
But the correction failed to materialised, GBP, EURO, and all the commodity currency always find buyers. Maybe you are right Qin "the USD is doomed".
If there is any American who is reading my comments about US dollar....don't take it is too personal.... I am very bearish US dollar but I like New York and would like to travel there again....
As a trader, I just point out the weakness on something and try to take advantage on it......we all want to make money, right???
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
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@XM_COM (2 years ago)
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Ashraf
Thanks for the Advice , I am very patient person:))
Good luck in your positions
I agree with you.....many traders are waiting for the entry point for weeks.....But the big players just short USD before individuals.......don't get so hurry up....there always a lot chance to do it.....be patient.
I didn't jump into this moving train, I want to wait into next week.
I also would like to buy AUD and NOK and NZD, against the USD , but unfortunately the market failed to correct in order to give me a good entry point.
Lots of traders missed the rally and waiting for this correction in order to position them selves , but this correction seems never to happened.
Don't be so frustrated. I am bearish GBP too....but the market is focus on USD weakness now...last year many traders made a lot money on short GBP as you know....will they do it again....I am sure they will.....but now they want to short USD......NOK is the best !!!
I hope UK will join EURO before GBP collapse, it will be very painful for the UK nation.
Good luck!
I got your email, how you doing?
About me, I am really frustrated by the GBP strength against the USD dollar, even that all technical indicator point to major correction I,e slow Stochastic, RSI AND MACD all crossed to the down side in the daily and weekly chart
But the correction failed to materialised, GBP, EURO, and all the commodity currency always find buyers. Maybe you are right Qin "the USD is doomed".
I am very bearish US dollar but I like New York and would like to travel there again....
As a trader, I just point out the weakness on something and try to take advantage on it......we all want to make money, right???