The British Pound has climbed 358 + pips since the last post, and the U.S Dollar looks ripe for “the next down turn”.
Then up a bit…then lower……then lower etc..I continue to place trades on the “downside” winning tidely week in – week out.
Oddly the mainstream media “still” running stories of “continued USD strength” in the face of this……”USD remains buoyant compared to rivals that”…Total bullshit.
The Dollar has lost over 1000 pips since topping out against the Japanese Yen some months ago….and there is no possible chance of recovery.
Today I am placing further orders “short USD and risk in general” ( SP down….Dow down….Naz down ) long JPY – same ol drill here today!