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XTrade replied Nov 7, 2009Hi egkid, Gold has broken several resistances lately as well as the record high. The past few sessions gold has gained further than the USD has lost, one reason, Last week India bought 200 Metric tons of gold from the IMF. Helping to propel spot to ...
Cable Update (GBPUSD)
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XTrade replied Nov 7, 2009It sure does, I agree wholeheartedly. Thanks for sharing. My simple charts are not nearly as nice to look at! In any case I am flat and looking for confirmation in either direction to enter market. Would you have any thought on the way cable reacted ...
Cable Update (GBPUSD)
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XTrade replied Nov 7, 2009Hey WB, I agree the week was not always all up, I should have worded my post more precisely/ differently, but will offer up main sentiment after. You are correct It was not until the Tues the 3rd after drop to 6270 area that these trades (longs) ...
Cable Update (GBPUSD)
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XTrade replied Nov 7, 2009Week end Cable. — This was most confusing... I had the same observation, perhaps there is something we are not taking into account here. Although the release was very poor, more than forecasts, the UK is still slow in signs of recovery from ...
Cable Update (GBPUSD)
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XTrade replied Nov 5, 2009Hi Tau and Grashid, This is an interesting post/discussion to read after walking away and thinking about how badly I wanted to enter the market, then what I had just written and why I exited in the first place. I will not enter. I have stuck to my ...
Cable Update (GBPUSD)
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XTrade replied Nov 5, 2009I will not make LDN tonight. But I will be waiting to see if my test theory will hold. In the event Asia continues to buy Until LDN, LDN may sell down only to re-buy @ better rate, then depending on USD, DOW, and Gold the Cable, dragon and possibly ...
Cable Update (GBPUSD)
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XTrade replied Nov 5, 2009That may not be a joke. I was contemplating earlier, If the UK is the last major economy to be showing "signs"of emerging from recession AND the USD continues downward, Then, UK economy rebounds, what can we expect from cable...?? 6740 will be ...
Cable Update (GBPUSD)
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XTrade replied Nov 5, 2009Don't be surprised is she goes up. Anything can happen, doesn't mean it will!!! G/L !
Cable Update (GBPUSD)
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XTrade replied Nov 4, 2009We have hit support levels on Cable, Dragon and Fibre. I am not convinced of shorts yet. Dragon trades are now 3 days old. 1/2 position closed @ news. This is tough, but I am trying. dragon 149.00 if breached I will re-evaluate. Cable I am looking @ ...
Cable Update (GBPUSD)
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XTrade replied Nov 4, 2009Chris, thanks for your input, many GREAT points here! There is sooo much to learn in FX. Every day is a learning experience. No wonder why people lose.. They haven't even begun to try and they are live! --As far as Dragon, Cable and Fibre, so far it ...
Cable Update (GBPUSD)
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XTrade replied Nov 4, 2009LOL Lion as you are an experienced FX trader would you mind sharing any sentiments on this? Also, I agree with your theory of cable break. Cable and Dragon appear to be resting on small support as of now, although near daily and H4 highs, I feel ...
Cable Update (GBPUSD)
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XTrade replied Nov 4, 2009Hey all, But why are these numbers always poor. Could it not be that the Staggering 36% quitters never had what it took in the first place? Also that more than 50% of the losers - Began trading thinking they would get rich quick, without having to ...
Cable Update (GBPUSD)
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XTrade replied Nov 4, 2009Dow Up ^ Gold UP ^ Wow we may break 1100 spot bid. on Gold.
Cable Update (GBPUSD)
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XTrade replied Nov 4, 2009Hey Fellas, MAE, albchr, looks like this may pan out! Cable all over the place. Anyone noticing dragon past few days? url
Cable Update (GBPUSD)
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XTrade replied Nov 3, 2009Perhaps, But, what if 6400 holds as prior resistance turned support? Gold Rockets today. USD should have tanked more. IF - USD tanks, Dow up, cable up. In my opinion that is. Gold breakout "may" have been a bit fast handed. We'll see. Long term I am ...
Cable Update (GBPUSD)
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XTrade replied Nov 3, 2009No, thank you or starting this thread! There are many sides to FX trading, it's great to be able to read share and discuss, with others on this forum. I am beginning to learn how someone can hold a position or parts of it for a month. Most people ...
:: Cable (GBPUSD) Trend Trading ::
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XTrade replied Nov 3, 2009MAE all, Hope you are well! WOW what a day for GOLD! Record high broken! I am surprised the cable did not follow spot AU at least a tad bit more. Did anyone take advantage of this on Forex Spot AU? Charts H1 - Nov 3 - Cable / AU overlay Cable / USD ...
Cable Update (GBPUSD)
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XTrade replied Nov 2, 2009Small observation theory. — I personally do not. I am wondering if these will be exactly the same if using an ECN such as MB... Anyway. I have a small theory, then I go to bed. So- on a volatile open like this when both cable and Dragon fell ...
Cable Update (GBPUSD)
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XTrade replied Nov 1, 2009Now that you mention it I just got an email from them before about this very thing. So they are raising margin reqs to take positions. I will check the link now. Thanks~
Cable Update (GBPUSD)