30pips GBPJPY Mission Accomplished

 

 

A.        (04 November Europe) Latest Impact: Volatility is Certain

 

It is premature to say that risk aversion will decline from here and what is certain in today’s trading environment is that markets’ volatility to persist.

 

GBPUSD risk remains towards new lows as BOE interest rates on the cut; nonetheless, the pound has already tumbled sharply (driven partly by strengthening dollar due to the settlement of Derivatives) leaving a limited capacity for further weakness.

 

 

 

B.        Signal

n/a

Limit Order Valid till 07 November

 

 

C.        Mission Accomplished:

ForexSurvivor Weekly Weekend Newsletter: Short GBPJPY @ 15550; TP 30pips

Position(s) Closed

 

 

 

D.        The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****