SaxoTV

Why I’m trading cable: Lambert

613 views
May 20, 2016 brexit, brexit vote, cable, clive lambert, clive lambert futurestechs, forex, forex trading, fx, fx trading, gbp, gbpusd, markets, saxo, saxo bank, saxo bank saxo tv, saxo bank trading floor, saxo bank tradingfloor.com, saxo tv, saxo tv saxo bank, saxo tv trading floor, saxo tv tradingfloor.com, saxotrader, saxotradergo, saxotv, trade idea, trader, traders, tradingfloor.com, usd
Clive Lambert, of FutureTechs, says he is trading GBPUSD with levels being affected by Brexit vote news headlines.

Lambert says cable had a strong rally on Wednesday, but had a quieter following day on Thursday, posting a Doji pattern.

His day trade is to selling a break below 1.4560-65, working a 50-tick trailing stop with a target of 1.4465. He plans to close the trade by 16.30 CET if he doesn’t hit the target.