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Islander replied May 3, 2007Sold a 2 lot at 9920, will sell another at 30 if we get there. Proceeds to help me dry out from the bath I took yesterday.
:: Cable (GBPUSD) Trend Trading ::
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Islander replied May 3, 2007Useful mop! — LOL, your mop would be useful here at the moment....its raining cats & dogs! Thanks for the update WOW.....I see we´re 10 pips from when I last posted 13 hours ago - some action. It looks as if the Euro´s been slightly more ...
:: Cable (GBPUSD) Trend Trading ::
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Islander replied May 2, 2007I´m tempted to take a small short, but with the Euro still holding above its 5 min 34 ema, which is still rising, I think I´ll pass and have a sundowner instead! Thanks WOW for your updates, hasta manaña.
:: Cable (GBPUSD) Trend Trading ::
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Islander replied May 2, 2007The Euro´s also selling off now, so looks as if Fridays low of 9862 will be tested - also around the 50% fibo of the larger rally. Having taken a loss on some longs, I´ll think about buying there.
:: Cable (GBPUSD) Trend Trading ::
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Islander replied May 2, 2007I guess cable´s waiting for the minor UK data due at 4:30 - that might help clarify the ST trend which has just turned flat on my 5 min chart after the bounce from the 9911 area
Cable Update (GBPUSD)
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Islander replied May 2, 2007Nice, clear chart...thanks and bon apetit
:: Cable (GBPUSD) Trend Trading ::
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Islander replied May 2, 2007The buying of the euro and selling of the swissy started around 00:45 and an hour later, cable joined in from a low of 9937. Is this just a bounce, or the resumption of the rally? I guess the action after the London Open will tell us - I´m long for ...
Cable Update (GBPUSD)
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Islander replied May 1, 2007For the UK session, the range is 2.0037 to 1.9988, both extemes being on sharp spikes. If the big guys want to play, then IMO we can expect fake outs around these levels until the US traders arrive in a couple of hours. The ISM data at 10:00 may ...
Cable Update (GBPUSD)
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Islander replied Apr 30, 2007I have Fridays Low as 9862, and todays as 9920, so well above and actually around its 62% retrace.....not 100%
Cable Update (GBPUSD)
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Islander replied Apr 30, 2007Well Euro did break down thru 9600, but cable held again around 9920, so I´m long a small position, waiting to see if it can get above its 5 min 200 ema at 954 and hold above it
Cable Update (GBPUSD)
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Islander replied Apr 30, 2007Some bounce..almost all of the over night range in under 10 mins and now almost completely retraced. I´m seeing cable being pulled down by the euro, which is still just holding at its 3600 level.....if that breaks, then I think cable will test its ...
Cable Update (GBPUSD)
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Islander replied Apr 30, 2007Weak German Retail Sales send Euro and cable down to the Asian session lows....will they hold or is cable heading for the 900 level?....the 78% retrace of Fridays rally is also around 900.
Cable Update (GBPUSD)
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Islander replied Apr 27, 2007The bounce off yesterdays low during the Asian session was pathetic - 30 pips. The second push down by the Frankfurters failed, so its now waiting time for the Brits to finish their first cup of tea. The short term down trend´s still intact, with ...
Cable Update (GBPUSD)
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Islander replied Apr 26, 2007that makes two of us....earlier, my broker´s server refused to accept any orders in cable.....I was trying to sell at 0055!! Took ages to sort it out as I thought it was my new software......I´m sulking for the rest of today image
Cable Update (GBPUSD)
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Islander replied Apr 26, 2007UK house prices show a rise of 0.9 vs estimate of 0.6....so positive for GBP
Cable Update (GBPUSD)
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Islander replied Apr 26, 2007My trigger finger was ready to sell as it hit the 238 level again, but after a pull back of less than 100, those rising lows make me think that it may break out soon...lets see what the Frankfurters do - I dont want to be on the wrong side of a ...
Daily GBP/JPY analysis
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Islander replied Apr 26, 2007If you´re going to day trade cable, you must be ready by the Frankfurt Open! image Yesterday, it put on 30 pips from the FO. This morning, its already close to yesterdays high, 25 mins before the FO...will it break up or hold in the 60s? No ...
Cable Update (GBPUSD)
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Islander replied Apr 25, 2007Euro´s making new highs - again. If cable cant get above this morning´s high of 0061 its showing that it needs a good pull back before marching on up.
Cable Update (GBPUSD)