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micho replied Oct 28, 2008who the hell is moving the market 580 pips in one direction in 24 hours thats not just one bank!!!!! thats a group of big banks all together!!!!!!
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micho replied Oct 28, 2008all im seeing trend without retracements or retracements as reversals... this is the worst condition to trade yuckkkkkkk

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micho replied Oct 28, 2008this is not the forex i used to know, this is monster forex
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micho replied Oct 28, 2008make it 580 and this bitch is not stopping going up!!!!!
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micho replied Oct 28, 2008550 pips huge bullish daily candle on the USDJPY, if this is anything near normal fuck it
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micho replied Oct 28, 2008i dont want to go into this subject of the forbes guy who lost his money he is stupid and a liar and whoever says anything other than that is a liar as well. you can review the thread and read what i said to him
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micho replied Oct 28, 2008lol its all about RR if you want to win 400 pips you have to put an initial stop loss of around 200 pips i dont know but you sound pretty surprised, your name states "expert" so you should be aware of what i am talking i guess
why do you want to ...Cable Update (GBPUSD)
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micho replied Oct 28, 2008well i hope you get some pips out of it but im playing without stop loss thats why i cant play against the trend from this price
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micho replied Oct 28, 2008and for those who are itchy to go short now at this price before waiting for the uptrend to vanish, you can go short with stop loss around 1.5930 with targets 1.5513 1.5274 and 1.4859...

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micho replied Oct 28, 2008let me make it clear, for those who are eager and itchy to go long, you can go long from 1.5700 or 1.5668 with targets at 1.5750, 1.5792 and 1.5830 and stop loss 1.5605 this is a low probability trade against the overall trend

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micho replied Oct 28, 2008lol come on, you have to understand what i say i am just saying where is the support and resistance i am against going long because the overall trend is down, but looking to the ultimate places to sell which are the targets of this up trend i didnt ...
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micho replied Oct 28, 2008no way i wouldnt go long against the long term trend in this position


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micho replied Oct 28, 2008dunno if u can see things in this picture
red = targets blue retracements/support/resistanceCable Update (GBPUSD)
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micho replied Oct 28, 2008lol i just got +26 today
if 1.5750 breaks (and i think it will) next resistance 1.5792 then targets 1.5826 and 1.583x i think we will see that)Cable Update (GBPUSD)
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micho replied Oct 28, 2008cause it usually retraces to at least 23% when it encounters resistance... and the 23% is 1.5702, the 38% is the mighty 1.5668 level which coincides with the 38% of the big 4h
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micho replied Oct 28, 2008just sold at 29 and took profit at 02
thats a quickie to begin withCable Update (GBPUSD)