or maybe where was C? just south of 1.55 (9 hours ago), could it have been the bottom?

Cable Update (GBPUSD)

sentiment is generally factored in to some extent depending on what expectations are. everyone is always guessing price and placing orders depending on their own faith in the future directions. Meaning things are always somewhat priced in

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thus a suggested strategy might be long 1.2420 overnight and then short to 1.235

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seemingly true but how much of this was already priced in to the market, i would guess as much as half so i would suggest the number at 1.2344

EURUSD

? meaning you disagree with the down ? long term for sure a test of 1.22 but short term? ie the next 4 or 5 hours?

EURUSD

16 pip spread on FXCM??? WTF, is this normal?

Cable Update (GBPUSD)

anyone using MT4 with FXCM? I keep noticing the spread change in an already open trade? The spread was 3 pips when it was placed but it grows to almost ten at times (on an already open trade), this is hugely frustrating and prevents me from taking ...

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no response yet from Mervyn King being slightly pessimistic in his speech?

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some of my positions were actually closed for me, thanks for asking, still in the game but only because i make good money in my day job. going back to basics with small orders, first time i have lost money trading, dont feel v nice.

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thanks for the advice, is Marvyn King news due in 3 hours?

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passed 1.56, when is this thing gonna slide back down 100pips? waiting and waiting

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still struggling to pass 1.56 but it seems the support for it is growing somewhat,

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i havent seen him since all that craziness,

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wow, that crazy, wonder how much each lot is though

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just gave in and gone long from todays opening price. T/P - 1.557 Been hoping for a sell off as i still have some outstanding sell trades in im carrying in hope.

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i think quite sensible

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agreed,

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i think your not alone and it could be the reason we are seeing such limited movement, as more and more people cash out of their postions we are maybe less likely of seeing this touch 1.55 right now, maybe a slow retrace down to the mid 1.54's ...

Cable Update (GBPUSD)

still hanging in there guys, hoping for a touch of 1.55 and with massive demand for shorts at this point im hoping to watch the price fall enough for me to get some defensive buy trades on, sitting glued to the screen...

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patience for mr inpatient!!! thanks for your perspective

Cable Update (GBPUSD)