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salah k. replied Mar 17, 2008nice 70 pip spike im thinking we would reach 250 which is 50% fibo and then back to 2.0050 unless fundamentals have anything to do about it because dollar is REALLY WEAK.
Cable Update (GBPUSD)
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salah k. replied Mar 17, 2008640 pips up after FED decision. thats worth discussing.
Silver: Strongest Volatility In The Market
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salah k. replied Mar 17, 2008not stragnge its a sign of trend reversal. u checked dollar all across the board but did u check gbp all across the board i mean geppy fell 700 pips in 8 hours!!!!!!!!!!!!
Cable Update (GBPUSD)
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salah k. replied Mar 16, 2008Intermeeting Fed Discount Rate Decision 3.25 wat the hell just happened
Cable Update (GBPUSD)
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salah k. replied Mar 16, 2008yes rate cuts should boost cable but as u c cable is being dumped all across the board. plus the long term trend is definitely bearish now the way i look at it is we tried to hit 61.8 fibo retracement level but failed by 50 points and sank 250 pips. ...
Cable Update (GBPUSD)
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salah k. replied Mar 16, 2008opposite directions for euro and cable wierd euro broke all time high but i think this shows that cable has strong bearish momentum
Cable Update (GBPUSD)
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salah k. replied Mar 16, 2008exactly the u c the dollar has been falling for almost 7 years (since the start of the bush adminstration---> OMG wat a conicidence ) yeah right however i dont think dollar can get much worse which means that we might c those low levels of silver by ...
Silver: Strongest Volatility In The Market
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salah k. replied Mar 16, 2008fundamentals wont let it go far. i think we wil retest 300 area if not 400 and then fall heavily.
Cable Update (GBPUSD)
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salah k. replied Mar 16, 2008to tell u the truth i prefer shorting silver more. but im afraid it reacts viscously to USD news. so if news is bad it will head north. but if it was good im pretty sure its movement south will be much more aggressive. awaiting your analysis ...
Silver: Strongest Volatility In The Market
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salah k. replied Mar 16, 2008ok traders so lets step into the subject be4 the open now wat im thinking is that this week and due to rate cuts we will have a bullish week for silver possibly we will see it over 21 again. unless of course dollar news is bullish. any insights are ...
Silver: Strongest Volatility In The Market
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salah k. replied Mar 16, 2008i dont think that ratio exists anymore
Silver: Strongest Volatility In The Market
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salah k. replied Mar 16, 2008thats what i think too europe will get a piece of that problem.
Outlook 2008, The Upcoming US Depression
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salah k. replied Mar 16, 2008i know u are probably a 100 times more experienced than i am but i have read ur article twice and found that it is entirely true but u c all that u talked about was a result of the 7 years of mistakes. 7 YEARS = BUSH ADMINSTRATION which happens to ...
Outlook 2008, The Upcoming US Depression
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salah k. replied Mar 16, 2008i take that back i think after wednesday(MPC meeting) we might see a major trend reveersal. any comments are appreciated.
Cable Update (GBPUSD)
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salah k. replied Mar 16, 2008i think after next week will be the end of the bullish trend.
Cable Update (GBPUSD)
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salah k. replied Mar 16, 2008i agree my friend it will come back as it always does the bush adminstration is coming to an end; by that dollar will start gaining trust again.
Dollar
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salah k. replied Mar 16, 2008ur absolutely right i just enter for max of 200 pips but i dont lose stop loss i hedge because i the volaitlity can always make up for the loss. plus i realized it has gr8 correlation with gold which sometimes helps me catch a 100 pip run.
Silver: Strongest Volatility In The Market
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salah k. replied Mar 16, 2008ur right but this mess is hitting europe. it needs maximum of 1 year and we will hear crying like we heard in the US. the credit crisis hit UK already and they are not acting up to the task. they will fall in a recession as USA will be getting out ...
Cable Update (GBPUSD)
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salah k. replied Mar 16, 2008exactly plus if u notice its daily range is not less than 600 pips. !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Silver: Strongest Volatility In The Market
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salah k. replied Mar 16, 2008so y the blind support for bernanke who is responsible for reckless rate cuts. i mean they dont seem to be doing much to the economy.
Dollar