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- gmohata replied Sep 26, 2007
Mate - did you know that you are now legally allowed to paste Trading Centra forecasts/charts without their written consent ? They police these extremely closely and in the past have taken strict actions. Just wanted to make you aware. Regards,
Cable Update (GBPUSD)
- gmohata replied Sep 25, 2007
The problem i find with cable these days is a very risk compared to the reward. I guess this is because the market is still looking at cable as highly bought considering the entire Northern Rocks episode and the fact that UK could be ticking on a ...
Cable Update (GBPUSD)
- gmohata replied Sep 20, 2007
Looking at the 4hr, daily and weekly charts and their respective fibs and trendlines i do believe that the correction has ended for cable and it should now move up - fundamentally Northern Rocks has now been absorbed by the market and should not ...
Cable Update (GBPUSD)
- gmohata replied Sep 20, 2007
Not sure why would ANYONE go long on cable at the moment. I have been short since yesterday with a TP below 9800 - look at the chart below - see the EUR and AUD take off and then look at the GBP - struggling to say the least which means any longs ...
Cable Update (GBPUSD)
- gmohata replied Sep 19, 2007
looks like the bears are struggling (not for GBP) - longs setting up on EUR, AUD and JPY. GBP - afraid still looks south.
Cable Update (GBPUSD)
- gmohata replied Sep 19, 2007
not really because it kind of tells the market that the fed was right and they did the right thing - this equates to less fear - moresover Data was not really something which the market was not already expecting.
Cable Update (GBPUSD)
- gmohata replied Sep 19, 2007
The Markets Are Confused — The markets are confused - 6 months back - data like this would move 50 pips immidiately - today - nothing - i guess brokers do not have standing orders anymore - each piece of data is being studied by the bigger ...
Cable Update (GBPUSD)
- gmohata replied Sep 19, 2007
I wouldnt agree 100% on that - its easy to lose money if you are indisciplined (or a scalper - my opinion) and difficult to make it back ONLY if you DONT Plan the Trade and Trade the Plan If you do both the above - FX can be a challenging and ...
Cable Update (GBPUSD)
- gmohata replied Sep 19, 2007
look at the charts - this should say something - these are 1 hour charts - the EUR and AUD - had good run ups after yesterday's announcement and their down movements stay capped - signaling profit taking or small correction. Cable just had 1 big pin ...
Cable Update (GBPUSD)
- gmohata replied Sep 19, 2007
Cable looks bad - going short - reversal capped on ALL other majors except Cable - which keeps falling.
Cable Update (GBPUSD)
- gmohata replied Sep 19, 2007
CPI and Housing data today — for a while i have firmly believed that most of the numbers coming out of US are made up to form a story - i have been right most of the times - so here is what i think about the CPI and Housing Data CPI - in ...
Cable Update (GBPUSD)
- gmohata replied Sep 19, 2007
Silly Journalist Type - which part are you talking about - or maybe your head is so swollen as a "Senior Member" that you do not wish to read simple statements meant for new members ?? and BTW - my next comments is to stay out of Cable longs - if ...
Cable Update (GBPUSD)
- gmohata replied Sep 19, 2007
What happened yesterday was USD lost ground and weakend across the board (other than JPY because of the DOW). This does NOT mean the same thing as Cable getting strong - its far from being strong at the moment.
Cable Update (GBPUSD)
- gmohata replied Sep 18, 2007
Do Remember - The Second Largest Market Is Closed Now - Japan - They Start Dumping Dollars As Soon As They Wake Up - So Will London
Cable Update (GBPUSD)
- gmohata replied Sep 18, 2007
Closing all my open positions within the next 15 mins. I am almost sure we will see a whipsaw with the fed rate - and i'd rather not lose any money than make some and lose it later. There are just way too many opinions (on the same fed action) even ...
Cable Update (GBPUSD)
- gmohata replied Sep 18, 2007
wow $500 .. that bad eh !! Well i am long 1000 ounces since 707 - SL 698 TP 725 - not sure if gold will see 500 ever again probably .. if oil comes to $40 and inflation is less than 1% and consumer demand out of India and China dry up.
Cable Update (GBPUSD)
- gmohata replied Sep 18, 2007
personally i believe the best trade to be in now is LONG GOLD - irrespective of the fed action - its going to go north. Whatever they say or do will not be good for USA and/or Inflation - i.e. good for gold. Anyone shares the same opinion ?
Cable Update (GBPUSD)