Thread: Weird whippy behavior by Cable
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Old 03-07-2007, 05:41 AM
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Quote:
Originally Posted by Maji
Bluto,

I was reading somewhere there is a lot of "carry trade" unwinding going on. I am not sure if that has something to do with GBPUSD, which can be considered a cross of GBPJPY and USDJPY.

Anyway, is just curious about this weird behavior. If you are trading a range trading system, you would have made a killing. However, that is looking at the past events on the charts.
4hour chart still ok. errmmm.... but it killed 1 of my sub account due to ranging in big ways. The rest of the account still surviving, breakingeven and mild profitting. Gotta fund in and widen the pipstep this time


Regards,

David
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