Yesterday was an absolutely amazing day for the average stakepool-user. The British Pound went all the way up to $1.50 which is where we placed shorts on this website. Shortly after it had hit our target-price, it started to dump, as expected – it dumped hard and within just a couple of hours, the price had plummeted to $1.40 which on max leverage equals an insane amount of profits, and it did not stop there.
The mass-media started talking about the British pound going down, which lead to another panic that lead to the price dropping all the way down to $1.32 from where it bounced up to touch the $1.40 resistance before it went into chop-mode.
So naturally – we where extremely happy on Teamspeak and Stakepool Radio as this happened, and we want to congratulate everyone who made a fortune on this trade.
Today however – Television has been spewing out its normal nonsense, telling television-viewers to short the GBPUSD (Basically telling people to “short the bottom”) – so it is probably a good time to look at the pound and realize how cheap it is now and go long with moderate leverage which you can do on this website.
As always – Television-channels like Bloomberg, CNBC, MSNBC, CNN & Others are the idiots source to information, can you get GBP at $1.32-$1.40 range, it is probably a very good entry for a LONG which you can do on this website. And as always – remember to use stop-loss and stop-profit. If you have any questions, come and join us on Teamspeak.