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Writer's picturefxcorrelator

November G8 Action.....


heres the G8 performance so far for November .....

as expected the volatility at times on GBP has been breathtaking ....ive had some great sessions on it in November ...and cable has been my main pair by far this month for profitability

my strengthmeters tell me what to trade 24/7 ...and all November roads have frequently lead to cable as the only pair to be trading !

for positional traders the 6/7th November saw RED GBP peaking in its performance

last week has seen a near 350+ pip drop in that currency .........cable has swung nearly 3% so far in November .....ouch !

well we have a support line at moment from late October (shown)

lets see if it holds ......

N


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