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mbqb11 replied Dec 28, 2006just update, my eur/cad trade stopped out for -20, got in early so i could have a smaller stop, but this thing just doesnt want to do it yet. Also we had a nice pin on the gbp/jpy 1 hour that i made 30 pips with. Had this trade open with a gbp/usd ...
james16 Chart Thread
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mbqb11 replied Dec 28, 2006yep thinking about taking a long on the usd/chf for other reasons but ya I am still thinking short pound either way
Cable Update (GBPUSD)
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mbqb11 replied Dec 28, 2006hey seeking, I just wanted to get a better price cause i knew this would happen again, like it has been. So i will be keeping an eye for a re-entry short to follow this again. I was looking at that too were always on pretty much same page
best, ...Cable Update (GBPUSD)
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mbqb11 replied Dec 28, 2006don't see why this thing wont test at leat 470, in it's ranging glory
Cable Update (GBPUSD)
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mbqb11 replied Dec 28, 2006its an indictaor i just took out all the other pts, so it wasnt confusing
Cable Update (GBPUSD)
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mbqb11 replied Dec 28, 2006i dont think the short move is done, but i am out for now
Cable Update (GBPUSD)
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mbqb11 replied Dec 28, 2006this is how i trade, if things line up prior to news in certain ways I will trade, if not I wait till after the news too see if I can find an entry. I entered on the retrace of the pin and had a stop of 25 pips. My exit was just short of the weekly ...
Cable Update (GBPUSD)
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mbqb11 replied Dec 28, 2006well that was nice, i trade from a technical standpoint and i am out of a trade prior to news if things dont line up but today they did. We had a 30 min pin bar back to the daily r2 that almost lined up with the 61.8 retrace. I got in on a retrace ...
Cable Update (GBPUSD)
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mbqb11 replied Dec 28, 200630 min pin bar off daily r2 lets see if we break it
Cable Update (GBPUSD)
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mbqb11 replied Dec 28, 2006ya ive got a 7 pt stop for this reason, i think its off to bed before the us open and let this run from here. Best of luck, Mike
Cable Update (GBPUSD)
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mbqb11 replied Dec 27, 2006I do monitor most pairs, but I stopped trading the eur/gbp that thing moves like a snail, although can range and do nicely, but doesnt suit me well. Other then that I monitor all pairs but watch my correlation when opening. If two pairs are highly ...
james16 Chart Thread
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mbqb11 replied Dec 27, 2006i am actually short already since 1.5246 ill be monitoring this close though, this pair can get out of hand quick! best all! Mike i got in earlier off the 15 min chart too reduce my stop and grab some breathing room. Most pairs are ranging now due ...
james16 Chart Thread
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mbqb11 replied Dec 27, 2006hehe ya I like to leave the future to the fortune tellers
Well in my head I am looking for a bounce back to the support line, but in the mean time I will wait for clues in price action suggesting differently. We could see a move up to the current ...Cable Update (GBPUSD)
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mbqb11 replied Dec 27, 2006cesarnc thanks for that analysis, just thought I would throw this up too. I try to keep it real simple when I post a chart. It is just another way to look at things. This is the 4 Hour view showing what were stuck in right now. A lot of people are ...
Cable Update (GBPUSD)
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mbqb11 replied Dec 27, 2006im still standing aside im not convinced yet were at some pretty important levels on my charts Be careful
MikeCable Update (GBPUSD)
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mbqb11 replied Dec 27, 2006agreed a good lesson in patience for all im not trading to trade but to make money
: MikeCable Update (GBPUSD)
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mbqb11 replied Dec 27, 2006ya go click your name on home page and click edit options good thing im watching cross pairs and took a long on the eur/jpy at 155.55
Cable Update (GBPUSD)
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mbqb11 replied Dec 27, 2006still waiting here nothing jumping out at me holiday market!

Cable Update (GBPUSD)
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mbqb11 replied Dec 27, 2006ya im a post news guy, and agree this move is likely to be whipsaw by the looks. thanks for the play by play MM
R.I.P Ford Mike Cable Update (GBPUSD)