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Bones replied Mar 13, 2008im just going to have a cup of coffee and then do it I have had a hard day,but I think your like this
Cable Update (GBPUSD)
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Bones replied Mar 13, 2008Nav Im going to help you out as to what I see is happening give me a min buddy

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Bones replied Mar 13, 2008I do think traders are speculating on next week as it looks very probable. If you then take the psychology of that are they really going to cash in early? I doubt very much that price will leave the channel.
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Bones replied Mar 13, 2008I noticed you talking about 2.0350 ,I was talking about that number yesturday night.
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Bones replied Mar 13, 2008You know when I originally posted this triangle trade when it first broke someone posted that I could collect on it when I retire. Looking close now though,I would say to close to leave

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Bones replied Mar 13, 2008Im thinking the US will drop there rate further next week.
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Bones replied Mar 12, 2008That lower chart certainly looks good to me still Carrera
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Bones replied Mar 12, 2008Oh Nav even the top of your trendline is 2.0336 its just to much ,lol
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Bones replied Mar 12, 2008Even my friend Carrera is talking of 2.0350 area,lol Yea I noticed that about them candle ranges.
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Bones replied Mar 12, 2008Nav this is some of the ways I come up with a possible projected target for tommorrow/Friday.
Remmeber 2.0352 is the minimum I need for the week close and weeks trend to remain in tact (from my week plan) Around that number is comming up alot.Cable Update (GBPUSD)
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Bones replied Mar 12, 2008Yes Fibs Rule. Im thinking a little futher than that Nav say down to to at least the 2.0215 area where we had that resistance on the way up.The thing is we just had a strong move up maybe an couple of hours or so will convince long traders to close ...
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Bones replied Mar 12, 2008im thinking a little pull back at 8,that yellow box is strong.
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Bones replied Mar 12, 2008Cheers Ameri that is great comming from you my friend.

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Bones replied Mar 12, 2008A stop loss often has the opposite effect and when I did use them I used a hedge. Nav I am not recommending this to you yet as you are not ready for that buddy.
Keep your bets small and your stoploss where its supposed to be.Cable Update (GBPUSD)
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Bones replied Mar 12, 2008I dont use a stop loss close to price action again well documented

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Bones replied Mar 12, 2008My first buy was around 1.9400 in this run up . Idon’t have that buy as I drop them and buy in again lower if I can. It’s well documented here on the thread. Abuawad gave me that first buy as he posted a Monthly up fan which I brought from, my ...
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Bones replied Mar 12, 2008No that is wrong Nav,its in traffic and the top has been boken,it is not valid ,time will tell you are right my friend
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