RE: [OpenFX] GBP/USD

 

Hi Wilf,

Yes, I'm watching closely. Today's close on the daily will be important; what's also important to me is tomorrow's NFP report. Not that I give much value to the actual number, but the market has whipped around some on the last few releases. So, the question is, will it do this tomorrow?

Risk assessment is critical; I'll take closer look after 5 pm EST.

Cheers,

Clay

-------- Original Message --------
Subject: [OpenFX] GBP/USD
From: Wilf Frank <kowa53@hotmail.com>
Date: Thu, March 03, 2011 10:36 am
To: <openfx@yahoogroups.com>

 

Hi Clay,
I know you're watching the Pound/Dollar like a hawk. I know there's lots left in the day. But if we get a bearish engulfing candle at the close of New York (also considering the inverted hammer day before yesterday) would a short position be in the cards?
Regards,
Wilf  

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