DailyFX Forum - View Single Post - Discuss the GBP/USD with a DailyFX Analyst

		DailyFX Forum
Sidebar Wrapper

1,030 Users Online

Thread: Discuss the GBP/USD with a DailyFX Analyst

View Single Post

#9145 (permalink)

07-07-2009, 07:49 PM

CodyB

Member

Join Date: Apr 2008

Posts: 1,227

CodyB is an unknown quantity at this point

Quote:

Originally Posted by janusinho

shorted the cross at 1.6172, and closed at 1.61545, for 17,5 pip gain, thank u god, so for now im sidelined and looking to sell on a break of 1.61 but not clear yet, any opinion ?

yes after the drop we have had look for a correction

I see GU under 1.60 but we need a correction tonight first I think

__________________
Don't Chase the market let the market come to you

Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.