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smikester replied Feb 23, 20101 and 2 are interdependent. These are the calculations you should use. 3. sounds dangerous especially if the pairs are correlated - eg all xxx/jpy pairs which often move together. Keep risk management in the forefront until you are consistently ...
Order and Risk Management
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smikester replied Feb 23, 2010You have two scenario ones. Therefore, I expect scenario one. Great charts for a beginner, by the way. "negative comments will be highly appreciated" Oh sorry. I eat my words. Your charts are absolute rubbish.
Which Scenario do you expect for the cable on the weekly chart?
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smikester replied Feb 23, 2010Never underestimate British housing figures. A lot of Britain's "wealth" is stored in owner occupied homes, unlike Europe where the majority are happy to rent or where home ownership rules are very different. However, the release coincided with the ...
Cesarnc's market talk, gossips, rumours & fun
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smikester replied Feb 23, 2010Oh yes. January 2009 weekly support. Thanks for the heads up.
Cable Update (GBPUSD)
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smikester replied Feb 23, 2010Wormboy I have some long term shorts with an initial target of 1.5 but I think we may go even lower. What do you think?

Cable Update (GBPUSD)
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smikester replied Feb 23, 2010Come on. You haven't done your homework. The nearest support is 5066 and that was in the year 2000. It is a strong downtrend. You should be looking for pin bars at a swing high, to take them short, in a strong downtrend.
james16 Chart Thread
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smikester replied Feb 23, 2010Mortgage approvals down considerably, coupled with hitting complex resistance in a down trend. I wouldn't be surprised if there was a bit of stop hunting involved as well. Every man and his brother must have been holding shorts. I know I'm breathing ...
Cesarnc's market talk, gossips, rumours & fun
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smikester replied Feb 23, 2010Just a glance — We are reaching an interesting area and I just had a glance at my EUR/GBP profile where I have all sorts of weird and wonderful indicators set up. I mostly trade off price action and the longer term charts but I couldn't resist ...
EUR/GBP - What a great pair to trade!
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smikester replied Feb 19, 2010Talking of downhill... — image Wish I could ski like this.
Cesarnc's market talk, gossips, rumours & fun
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smikester replied Feb 19, 2010Nice move, dswk. I'm not in love with this pair at the moment - it's in another range a bit lower than the last one. But I am tempted to set a short or two around .8740.

EUR/GBP - What a great pair to trade!
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smikester replied Feb 18, 2010oNLY jOKING — I'm always looking in here. I don't know how you find the time to do all this, Jay. You're our only hope. Can you get me a seat on the next spaceship out of here?
The video store
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smikester replied Feb 14, 2010Hi dswk — Here's a chart: image So, given that I'm holding shorts, I might take profit at .8650 sometime this week. If the H1 or H4 give us price action like the arrow on the chart around .8650 then I definitely would stop and maybe reverse. ...
EUR/GBP - What a great pair to trade!
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smikester replied Feb 12, 2010Sack the gym and dance... LOL
Cesarnc's market talk, gossips, rumours & fun
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smikester replied Feb 12, 2010The Greeks — You couldn't wish to meet friendlier or more generous people, or a more beautiful country. I think I said it somewhere before but the average greek is not too worried about the Euro. Improvements in medical care, education, ...
Cesarnc's market talk, gossips, rumours & fun
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smikester replied Feb 12, 2010Just opening the Friday evening wine and listening to Rufus. "Ain't nobody"
Cesarnc's market talk, gossips, rumours & fun
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smikester replied Feb 12, 2010Nice little trade to finish the week. With the major trend and a pin bar off .8700 retest. Notice how the Donchian channel drew a line at .8700 for us! How easy is that. De-headed and filleted. Just need to cook it. Just what we need for Friday ...
EUR/GBP - What a great pair to trade!
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smikester replied Feb 12, 2010Of course you are. As long as it doesn't have a commercial link.
Can i post my trading blog here?