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micho replied Nov 4, 2008will probably go up again in a while to touch 1.6006
Cable Update (GBPUSD)
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micho replied Nov 4, 2008resistance 1.5997 easy target 1.6006 hard target 1.6047
Cable Update (GBPUSD)
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micho replied Nov 3, 2008i dunno but i dont want to trade now... bad position and low volume..god knows where it will go during this night
Cable Update (GBPUSD)
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micho replied Nov 3, 2008well usually you have to chose strong trends (with all bullish candles or all bearish candles) the higher time frames are the most significant so if you use the 1M or 5M now, the trend on those charts is soft and you will not see much resistance ...
Cable Update (GBPUSD)
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micho replied Nov 3, 2008im not going to get into this again... MM is bad and risk management is bad with your client he got lucky this time... i dont use stop loss, but yes if you want to play by the rules... stop loss might be around 200 pips for this big trend
Cable Update (GBPUSD)
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micho replied Nov 3, 2008the last 4 hours trend: 23% 1.5934 38% 1.6924 the last 1 hour trend: 23% 1.5901 38% 1.5967 but you see it did hit some levels of the 15 min chart and went down again
Cable Update (GBPUSD)
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micho replied Nov 3, 2008lots of resistances on the way up... we have one at 1.5901 then 1.5938 then 1.5967 then 1.6024
most likely it will hit 1.5901 or 1.5938 then back downCable Update (GBPUSD)
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micho replied Nov 3, 2008i wouldn't play with 1 lot if i had 2k in my account
just my opinion... im looking at the profit and at the account... the profit is larger than the account... lolCable Update (GBPUSD)
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micho replied Nov 3, 2008i guess now possible retracement to 1.59XX but dont go long ok
Cable Update (GBPUSD)