Fighting Fiber

[drewIOW]

The US is going to have to raise interest rates to keep things going. This will be good for the dollar and thus we will need to look for a point to sell euros and hold for a longer term trade. We should see a significant euro sell off as a result of the fundamental influences. Keep your eyes and ears open.

Hi Fetor,
would this apply to the GBP/USD.
Drew...

[Fetor]

Hi Fetor,
would this apply to the GBP/USD.
Drew...

Yes. All the majors will be affected, but not all equally. The Euro is in such dire straights though any gust of wind will knock it over.

[Jeff13]

[Naughtypip]

Hey Jeff ive onlt just discovered this thread and you trade in a similar way to me only much better. So I will be following very carefully from now on, keep up the good work.

[Jeff13]

Against the recent trend so cautious to take just 30 pips on a Tweezer Bottom (DBLHC)

[Jeff13]

A short this time on Fiber. Exited @ 1.3905 as I was concerned at the zone identified on the chart as orange (1.3888 to 1.3895) as there had been demand around this area in the recent past. Could be proved wrong, still 40 pips is 40 pips.

It has been interesting reading Fetor's blog on Fiber and his long term view.