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OrionsWay replied Jul 31, 2007Pinch, its not that it cant take it out, its that its needing the ma's to move up over time so that when they breach a certain point as a MA the res/sup as used by traders becomes weaker and the real sup/res becomes negated. just my observations
Cable Update (GBPUSD)
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OrionsWay replied Jul 31, 2007Yes we will be sitting pretty in our tuxedo's holding our shorts soon enough
Cable Update (GBPUSD)
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OrionsWay replied Jul 31, 2007Yes for years now we could exploit this event now prolly smart to just take a nap LOL i remember just a few years back cable on NFP u could play 100-200 pips boths ways. today barely anything
Cable Update (GBPUSD)
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OrionsWay replied Jul 31, 2007Pinch, yes 100% agree, just irritated about being charged for toll's twice just to enter a really good setup trade is all
Cable Update (GBPUSD)
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OrionsWay replied Jul 31, 2007Pinch, yep accumulation and distribution, most brokers now are running no dealing desk direct to the interbanking network, as for refco they were the biggest bucketshop i believe for years, not sure volatility was their demise, seems internal scandal
Cable Update (GBPUSD)
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OrionsWay replied Jul 31, 2007Shorted the cadbury again 678 and 674 lookin for a little coniuation lower 523 maybe or 577
USDCAD trend reversal?
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OrionsWay replied Jul 31, 2007Pincha, FX is nothing but bucketshops, BUT internanking spread flucuations are only to protect themselves from volatility period, guess they are tired of the massive swings in price. even still Some banks offer fixed rates and if you are with them i ...
Cable Update (GBPUSD)
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OrionsWay replied Jul 31, 2007cable prolly find strong sup on the lower hrly channel
Cable Update (GBPUSD)
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OrionsWay replied Jul 31, 2007U know these interbanking spreads are such a conspiracy scam its pathetic, anything to rape the ppl and better their bottom line, pricks should be shot and pissed on. If your broker is fixed spreads stay with them u may not get a fill always but you ...
Cable Update (GBPUSD)
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OrionsWay replied Jul 31, 2007Check CME.com under daily bulletin that is the prior days trading volumes and open intrest
USDCAD trend reversal?
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OrionsWay replied Jul 31, 2007Think today we will trade the 4hr range established
Cable Update (GBPUSD)
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OrionsWay replied Jul 31, 2007Chunnel shorts proved to be a good trade so far, was looking for 50% retrace there to buy longs again, wish i stuck with it now
Cable Update (GBPUSD)
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OrionsWay replied Jul 31, 2007Have covered cad shorts, maybe some more in it will just wait for the long Think i'll start buying around 0560 ish
Cable Update (GBPUSD)
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OrionsWay replied Jul 31, 20070374 is my reversal point for cable give or take, will be closing short hedge and adding for further push south me thinks
Cable Update (GBPUSD)
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OrionsWay replied Jul 30, 20070370 is a 50% fib from that nasty run up on friday to the lo she is hitting a sqaure of time i am looking to possibly add to long hedge around 0277, for a run to 0330 or higher
Cable Update (GBPUSD)
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OrionsWay replied Jul 30, 2007Bravado, she grew up in my home town, lived about 10 doors up the road with her Grandparents back in the day
Cable Update (GBPUSD)
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OrionsWay replied Jul 30, 2007Yes intrest is great yet looking on a weekly yen chart in 1 week we have a very powerful selling bar, with this week still young, it looks like a weak rally and will be sold. And if euro and cable gain agaisnt the dollar, wouldnt yen strengthen as ...
Cable Update (GBPUSD)