Hahaha.... Last time I heard from the Prof was when he placed a long around the 1.45XX with no stop, as he didn't deem it necessary. I wondered if he lost money from this trade, but thought that to be unlikely, seeing as he has the Batched Hedge ...

Cable Update (GBPUSD)

I am with you on that one, Prof.

Cable Update (GBPUSD)

But why take losses when you are in possession of a Batch Hedge system, which is 100% guaranteed to beat the market? Because mathematics will always beat the market, right, even when the UK banking system stands on the verge of collapse?

Cable Update (GBPUSD)

Are you still holding your long, which you entered a couple of days ago without any stop in place? I guess you've made good profits on the trade, from using your Batch Hedging system?

Cable Update (GBPUSD)

what vol were you given?

Cable Update (GBPUSD)

I wouldn't mind so much if it wasn't such an awful website

Cable Update (GBPUSD)

That's why I'm holding off from shorts until that level is taken out, then I'll jump on the back of the expected big move when I see it actually happening. Otherwise, for me, it's longs at 1.37.

Cable Update (GBPUSD)

You must have missed the inference in my post then.

Cable Update (GBPUSD)

Who knows how it will turn out... Guessing you are long, friend. If so, good luck

Cable Update (GBPUSD)

I think he has to be very careful with his wording, even try to place a positive spin on the recent policy action announced by the government, as his previous speeches have sparked a major sell-off in sterling, which was a desirable consequence at ...

Cable Update (GBPUSD)

It certainly looks grim for sterling right now. But if UK banks are on the verge of nationalisation, you can bet your bottom dollar that US banks and many in the eurozone will be in the same perilous state. Personally, I think the market wants to ...

Cable Update (GBPUSD)

It's a big part of reason, together with the increasing possibility that RBS, Lloyds and Barclays will need to be fully nationalised, due to being technically insolvent. The potential burden this places on the UK's public finances are immense, and ...

Cable Update (GBPUSD)

Well done. Why didn't you answer the question re stop levels? If you are going to post trading calls on here, I think there is a responsibility on your part to post such information, as others are blindly following. Good luck

Cable Update (GBPUSD)

We definitely should use critical thinking in response to trading calls made on this forum, particularly when others are blindly following.

Cable Update (GBPUSD)

Spot on, Al. We are in uncharted waters today, meaning conditions are far from ideal for this sort of range break-out play. It could work, but other days will provide a safer backdrop.

Cable Update (GBPUSD)

As i said, it was mainly due to problems surrounding the UK financials, being the reason for this 900 pip move in two days. However, his comments, made very publicly via Bloomberg television, would have added to, and whipped up, the bearish ...

Cable Update (GBPUSD)

i think his comments made some difference, although how much is impossible to quantify. the main driver is the awful fundamental picture surrounding UK financials. i like Mr Rogers a lot and love listening to his interviews on Bloomberg and/or CNBC.

Cable Update (GBPUSD)

as I pointed out earlier, he was also screaming to buy crude oil when the price fell from $147 to $127, and fell again to $117... citing the pullback had presented a great buying opportunity. a legendary investor, no doubt, but, like everyone else, ...

Cable Update (GBPUSD)

Yes, yes, I forgot about Mr $100 a pip!!! But he only had a system that was 80% successful, therein lies the problem, as the Prof had a 100% success rate. Folks, never trade anything less than 100% probability!! Don't know why I am laughing ...

Cable Update (GBPUSD)

Any sign of the Prof??? He was long last night without any stop, but no doubt he will have made huge profits due to his 100% guaranteed trading system.

Cable Update (GBPUSD)