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TheGabriel replied Feb 10, 2010Pretty risky to trade cable now. I'm selling this EurJpy, MACD is supporting the direction and volume indicates big sellers on EurJpy come in too. My price is 123.49. Haven't seen Azim here today, guess we'll see him in US session
GBPCHF trades ...The WoRmHoLe
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TheGabriel replied Feb 10, 2010Yes, 1.58 looks like a good target to me. Anyway now looks like the shorts would have been profitable but it's better to not risk if I'm unsure.
The WoRmHoLe
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TheGabriel replied Feb 10, 2010I've seen some selling going on on GBP pairs on the London opening, both GBPU and GBPCHF. Edit: I had a confirmation about an UK corporate selling.
The WoRmHoLe
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TheGabriel replied Feb 10, 2010Yes we might not touch the level anymore. I'm shorting GBPCHF from 1.6710, we had a consolidation at the level and broken 1.6700 again now and this is a trade to hold imo for at least 80 pips and will hold more if I don't see some buying going on.
The WoRmHoLe
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TheGabriel replied Feb 10, 2010If we keep moving lower I'm planning to go long at about 1.5600.
The WoRmHoLe
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TheGabriel replied Feb 9, 2010We have a new low on the GBP index, I think due to the Trade Balance data. I'm holding my GBPU short wich I think will easly pay for the other small losses I took. Also shorting Gold, EurUsd, EurGbp and EurJpy and they're correlated (I trade them ...
The WoRmHoLe
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TheGabriel replied Feb 9, 2010See you later buddy. I'm trading heavy right now, many pairs. I've found that BIS and other banks are selling, they entered few pips above (the BIS), I read the selling on Euro it's at its records. I think it will play out well but who knows.
The WoRmHoLe
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TheGabriel replied Feb 9, 2010Short GBPUSD at 1.5635 and short Euro/Gold/Aud. You'll be here at Us session Azim?
The WoRmHoLe
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TheGabriel replied Feb 8, 2010Good luck Ctic and Azim
, hopefully someone will get some cash from this boring market. I've closed my Eur short for 25 pips, but even trading different pairs what I've got is just a breakeven...but it's good when you think that a day like ...The WoRmHoLe
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TheGabriel replied Feb 8, 2010Took a sell on EurUsd @ 1.37063 with SL at 1.7101, 5 pips away. It's moving away from the resistance now currently 10 pips away from my entry. They're playing this triangle now, selling and buying. Edit: short closed, pattern broken. It should bring ...
The WoRmHoLe
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TheGabriel replied Feb 8, 2010Closed all the trades for just +30, bored of this and I feel it's risky.
The WoRmHoLe
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TheGabriel replied Feb 8, 2010I'm holding sells, I think this is the time the trend will start to move again. Floating +100 pips after going back -10 few times, really hairy PA as you said Azim.
The WoRmHoLe
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TheGabriel replied Feb 8, 2010I've opened now Sell gold @ 1070.53, i think it will be a good trade to ride. Edit: Entry for EurJpy is now pips +50, Gold +20, GBPU +6, AUDU Breakeven. I feel the Gold could drop big. I must keep building the account so i can lower the risk....
The WoRmHoLe
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TheGabriel replied Feb 8, 2010Your trade was really nice, i like that you're technical and don't overdo things. I'm holding my shorts and added on EurJpy, i think i've got the top of the retracement on that if it keeps going lower.
The WoRmHoLe
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TheGabriel replied Feb 8, 2010I also went short EurJpy @122.615, i think the pairs will go down now, not sure we'll resume the main downtrend even if I think so but it will be enough to get few pips or get out with breakeven if I feel we're building an up trendline.
The WoRmHoLe
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TheGabriel replied Feb 8, 2010Yes Ctic, what are you saying explains the actual scenario well so it might play out like you said. I'm anyway expecting this to come down soon again. I'm very carefull now.
The WoRmHoLe
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TheGabriel replied Feb 8, 2010Again i get signals of the upmoves getting sold on EU, EJ, GU and AU...on each of the up candles, stop hunt or sells coming. This trades are not easy but I will fight to get the best out of them. When this things happens you almost always don't get ...
The WoRmHoLe
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TheGabriel replied Feb 8, 2010There's the same pattern on EurU, like GU and AUDUSD. They either will resume downtrend within next 1-2 30 min candles or will absorb and move up.
The WoRmHoLe
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TheGabriel replied Feb 8, 2010Yea mate, the dx is down on USD but also the GBP dx still back to the low, aud picking up but i see some volume about sellers coming in the AUDU GU pairs on so that's why I opened the shorts. It's nothing for sure so I'm playing this tight. It's a ...
The WoRmHoLe