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GlobalMacro replied Jul 30, 2014you having any trades? any positions? anything at all?
Cable Update (GBPUSD)
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GlobalMacro replied Jul 30, 2014Price scratching at 1.6929 only, unable to break it convincingly. Pulling the new orders, resetting the original stop loss at 1.6910. Here's how I'm gonna be cruising through the figures: long @ 1.6980 t/p : open s/l : 1.6910 See y'all on the other ...
Cable Update (GBPUSD)
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GlobalMacro replied Jul 30, 2014Exactly. Also the geographical advantage under such circumstances which is not to be underestimated.
Cable Update (GBPUSD)
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GlobalMacro replied Jul 30, 2014Completely agree. Those in this forum looking at euro then extrapolating what they see to cable are not able to grasp this simple concept.
Cable Update (GBPUSD)
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GlobalMacro replied Jul 30, 2014Sell stop order not triggered yet. Today's low 1.6929. Still in longs. Will pull the new orders just before figures are released if not filled by then.
Cable Update (GBPUSD)
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GlobalMacro replied Jul 29, 2014That's one way to look at it. Another is to relativize risk of fat tails, but yes, the nearest boundaries are of most interest.
Cable Update (GBPUSD)
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GlobalMacro replied Jul 29, 2014Will do. Thanks for granting permission to post, "Qu|cksilver" Do you have narrower boundaries you can post probabilities for the next 72 hrs?
Cable Update (GBPUSD)
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GlobalMacro replied Jul 29, 2014You're welcome. Is there anything else I can do for you?
Cable Update (GBPUSD)
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GlobalMacro replied Jul 29, 2014The other way around. It's an interval, i.e. lower & upper boundaries. e.g. 1.6800-1.7900 2.8% the probability that either of these levels are hit in approx. the next 48 to 72 hrs is 2.8% as of this moment
Cable Update (GBPUSD)
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GlobalMacro replied Jul 29, 2014Long position still active. Today's low 1.6934. Reduced risk by 19 pips to 1.6929 earlier today. Here's how this deal is currently structured : long @ 1.6980 t/p : open s/l : 1.6929 sell stop order 2x : 1.6929
Cable Update (GBPUSD)
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GlobalMacro replied Jul 29, 2014Greetings to you as well, Bill. Considering the ultra low volatility in Spot fx I'm trading mostly futures & options these days. Cable's my only Spot FX position right now. Hope all is good on your end as well.
Cable Update (GBPUSD)
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GlobalMacro replied Jul 29, 2014Adjusting stop loss: I'm gonna stop & reverse the position on 1.6929 with 2x.
Cable Update (GBPUSD)
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GlobalMacro replied Jul 25, 2014lol, no problem...you were right about the number though. It will come...only prolly not today.
Cable Update (GBPUSD)
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GlobalMacro replied Jul 25, 2014As much as this is music to my ears, it's highly unlikely for today's close....close above 1.7000 be more than enough... Having said that, hey, I really digg the sound of that...
If you're trading futures, indexes setting to reverse as well.Cable Update (GBPUSD)
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GlobalMacro replied Jul 24, 2014Got stopped out of the remaining long position earlier today. After hitting 1.6966 low of the day reversal emerging on the LTFs, therefore in: Long @ 1.6980 s/l : 1.6910 t/p: open
Cable Update (GBPUSD)
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GlobalMacro replied Jul 22, 2014things stay as is, that level could be taken care of by t/m...np
Cable Update (GBPUSD)
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GlobalMacro replied Jul 22, 2014Mostly sideways price action in the last couple of days on top of a bullish trend. Continuing to maintain my long position. Cable now trading @ 1.7073
Cable Update (GBPUSD)
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GlobalMacro replied Jul 16, 2014lol, let's hope not are they good during heavy news times as well ? i.e. nfp etc. ... any requotes...quote freezes...
Cable Update (GBPUSD)
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GlobalMacro replied Jul 16, 2014well come to think about it, actually the broker didn't bail you out... you had a buy limit order @ 1.7138 which means buy at this price or lower so market trades around 1.7128 and your buy order would be filled @ 1.7128....which a good broker would ...
Cable Update (GBPUSD)