LET'S PLAY IN THE FOREX..AND NOT GET LOST! Message Board

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Strategies & Market Trends : LET'S PLAY IN THE FOREX..AND NOT GET LOST!

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To: CapitalistHogg™ who wrote (218)	8/14/2007 5:15:48 AM
From: RockyBalboa	of 247

Yes, next time I will be more specific, sorry for that. While I used to hold GBP for some time and also bought into the carry trade at 238-something it soon became clear that the pound has nothing to gain versus both the USD and JPY. So I sold the GBP at inferior prices that day; in other words, I was - mentally stopped out of it when I could have done a bit better. But anyways. Given todays UK deflation news ... which makes rate hiking harder for the BoE and took away a lot of fantasy I think I can live with the decision. Lower growth in the Eurozone compounds to the reversal.

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