US president Donald Trump's latest round of tariffs land squarely on Europe, Mexico, and Canada with the consequent slowdown in trade likely to reduce demand for oil and refinery products, and transportation fuels in particular.
Squawk / 21 June 2016 at 8:03 GMT
Hypothesis Testing
United Kingdom
Final update on last weeks article for trade strategy..

I am now flat on this market. The trade was actually covered last night so I gained just slightly less than the 500+pips available.
Michael O'Neill Michael O'Neill
Congrats- Great trade
fxtime fxtime
Thx Mike....presume you got the same trade any way :-)
Michael O'Neill Michael O'Neill
Nope.I've been spanked for the past 3 out of 4 trades and am underwater on my GBPUSD idea. I under-estimated the topside in GBPUSD thinking that a 50/50 poll result should have seen sterling consolidate around 1.450 at least a head of the vote. Cable is trading like its a done deal. Now its a crap shoot.
fxtime fxtime
Yeah I closed too early at 1.4688 and look at it now....fwiw I had a short at 1.4710 today which triggered on the drop and the trail stop was promptly hit for +3 !!! Utter waste of time :-(
Your description of crap shoot sums things up beautifully.


The Saxo Bank Group entities each provide execution-only service and access to permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on or as a result of the use of the Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer
- 沪ICP备13028953号-1

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail