Pound Rise Overdone, Hedge Fund Telemetry's Thornton Says

The video features Tom Thorne, a trader from Hedge Fund Telemetry, discussing the British pound's performance and future prospects. It covers the pound's historical highs and lows, current market trends, and potential future movements. Thorne provides insights into trading strategies, particularly using options, and discusses the impact of political events like the general election on the pound's value. The video emphasizes the importance of timing in trading and suggests specific levels for buying and selling the pound.

What was the British pound's performance in the recent quarter?

• It increased by 6.5%

• It remained stable

• It decreased by 6.5%

• It decreased by 3%

According to Tom Thornton, what is a significant resistance level for the British pound?

• 120

• 140

• 160

• 180

What indicator did Tom Thornton mention was oversold back in August?

• MACD

• Stochastic Oscillator

• RSI

• Bollinger Bands

What trading strategy does Tom Thornton suggest for the British pound futures?

• Buying a put option

• Selling a strangle

• Buying a call option

• Selling a butterfly spread

What are the risk levels set by Tom Thornton for his trading strategy?

• 130 and 134

• 120 and 150

• 125 and 140

• 128 and 135.50