Apparently people don't like making money!

He has been shorting equity market for over a year and yet, market is still going up and up. Those who took his signals seriously would find themselves living on the street soon.

 

that was the point. he said
BP was going lower.

 

It can but also why can't it go higher?

Most analysts are saying Cable is going down to 1.2000 and this is after an already good move to the downside. Analysts traditionally base their forecasts on what the market has already done which means they're normally too late, and wrong. Gold is a good example, at the lows most were saying 'lower' now it's rallied most are now saying 'higher'. If Gold falls from here they'll all be forecasting 'lower' again.

 

I think it can go up or down, but you seem fixed on up, slight difference.

 

Been long since 1.3075 myself (6B).

 

Because the stupid traders, or smart depending on how you look at it, decided not to confirm the signal before the Brexit collapse. Whether they can handle the increased volatility is another matter.

 

What, exactly, are you selling?

 

Wait, stop, did someone say the "why cant GBP keep going lower?", and then it bounces higher, that's too funny!

 

Of course GBPUSD is going up. I am long.
It has reached its bottom.

 

I'm not fixed on anything, up and down it's all good trading in Cable, probably the best cross on the planet.