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XTrade replied Nov 23, 2009Grashid, I want higher!!! Seems these little upticks from todays high have been met with some sellers.... I am enjoying scalping tonight. Closed both of the above for combined 22 pips. Not great.. but. What can we do besides look for new entry. If I ...
Cable Update (GBPUSD)
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XTrade replied Nov 23, 2009MAE all Traders, I was able to salvage this before a freeze of the chart.. Here are some areas I am looking at on the H1 Thru this Chart t/f M15 they are better shown on the M15 due to recent activity. The green pointers indicate crossover of TLs ...
Cable Update (GBPUSD)
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XTrade replied Nov 23, 2009I do not want to tell any one what to do. BUT, to the question at hand, we have corrected, again a bit lower than some expectations perhaps. Now if the current support holds you will lose profit. Thus "I" would TP. Trade at own risk. Depends on your ...
Cable Update (GBPUSD)
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XTrade replied Nov 23, 2009Not sure how great of an effect the positve "exixting home sales" will have right now. Dollar is still falling. Gold broke yet another world record today. Here is an article some may find interesting. Good luck all, choose wisely url
Cable Update (GBPUSD)
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XTrade replied Nov 23, 2009MAE all, Dr D, I enjoy these charts and agree with your statement. whenever there is tight compression we can expect explosive volatility to follow. Fibs are always helpful. Thanks for posting. Last week was interesting and we fell pretty far down, ...
Cable Update (GBPUSD)
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XTrade replied Nov 20, 2009Fibre up cable down, now turning up, what else is new! LOL Long fibre from .4890 Took long as well cable @ .6650 Looking @ aussie, G/L all and good night! luck @ LDN... Till' tomorrow! X-
Cable Update (GBPUSD)
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XTrade replied Nov 19, 2009Hi Malcomb14, I know you trade other markets, would you mind elaborating this thought below? Just interested if it is due to FX or other markets and why you feel this way. Ranging 75 with cable almost past .6800 makes sense. Then cable falls while ...
Cable Update (GBPUSD)
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XTrade replied Nov 19, 2009Off, but on topic. (maybe cheesy but true.) I am not referring to any one in particular. Just saying. Even when I started posting here which was not very long ago. 351 posts, there were constant charts being posted, reasons why, honest position ...
Cable Update (GBPUSD)
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XTrade replied Nov 19, 2009We are missing a bunch.... True. All sides should be posted and reasoning, then we can have constructive arguments as to why or why not. Sell / buy that's what it's about and why we are here in the first place. Right? X-
Cable Update (GBPUSD)
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XTrade replied Nov 19, 2009Thanks, I respect your sentiments/ability as well. The difference of views or "interpretation" of the same thing is what allows us to trade, at least the way I see it. Don't know if you have said something offensive towards me, don't always read ...
Cable Update (GBPUSD)
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XTrade replied Nov 19, 2009Hey Wormboy, so it looks like the bottom fell out on Dragon ranging! Nice entry. Hope you enjoyed some scalping the past few days as it seems conditions were optimal! Wish you luck! X-
The WoRmHoLe
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XTrade replied Nov 19, 2009DubaiFx, I respect all sides always, styles as well. But I have one question for you. Why hold a losing trade, (500 pips red) to wait, IF, it comes back to profit? Even if this is a multi million dollar account and you are adding pips per lot per ...
Cable Update (GBPUSD)
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XTrade replied Nov 18, 2009For right now. — MAE all, I am looking to 6680 (AREA) as an important level. To either side. This is a messy chart but here it is. S/R areas, (ideas) and some TLs. Just some thoughts.
Cable Update (GBPUSD)
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XTrade replied Nov 17, 2009As far as I am concerned this is the typical LDN sell off only to continue trend at a better rate. Traders took profit before in anticipation of the LDN selloff. (USD did turn up a bit t00.) NO, this is not "always" valid. However seems all too easy ...
Cable Update (GBPUSD)
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XTrade replied Nov 16, 2009We have 3 New releases on @ 4:30 AM EST, GBP tomorrow/ Today. The history on FX factory has been edging up, some have been greater than forecast. Hopefully they will influence the trend. 1. Consumer Price Index (CPI) 2. Retail Price Index (RPI) 3. ...
Cable Update (GBPUSD)
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XTrade replied Nov 16, 2009Agreed! I am looking to 1.700, but, with caution. No argument here especially in FX. GOLD is universal why I love it so. These are just things I look at From the LDN end, NY (open) overlap up until Aussie / Asia open (Always there) sometimes to LDN ...
Cable Update (GBPUSD)
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XTrade replied Nov 16, 2009Wormboy, I am glad to see you are looking at the long train. I hope the train has yet to reach 1.700 cable. I tried to mention my long views, yet sometimes it is frustrating. In any case. Watching Gold, USDX, DoW, and Fibre closely. Nice pips on ...
The WoRmHoLe
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XTrade replied Nov 16, 2009Watching USDX closely... Then considering long if 75.00 Holds as resistance. This area "in my opinion" may be sufficient correction from the violent news "bernakabama" affect on USD!
to hold and continue the downtrend... After new high gold ...Cable Update (GBPUSD)
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XTrade replied Nov 16, 2009Turveyd, you have not been riding the long train? I tried to mention this a few times.... Now we are at a tough spot. Bernanke / Obama, sunk the dollar today, DoW Exploded! Gold Hit new record high 1040.. Fibre offered up huge pips on news. Cable ...
Cable Update (GBPUSD)