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salah k. replied Mar 6, 2008u might be right my friend but i do believe that they are making the same mistake the fed made by waiting till the last minute. anyway maybe thats just me.
Cable Update (GBPUSD)
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salah k. replied Mar 6, 2008"fears of recession are rising in the UK now that BOE is not moving to stop economic slowdown"
Cable Update (GBPUSD)
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salah k. replied Mar 6, 2008lets just wait and listen to the statement its much more important than the decision becasue the decision is old news.
Cable Update (GBPUSD)
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salah k. replied Mar 6, 2008im thinking we might c a major pullback depending on dollar rebounding.
EURUSD
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salah k. replied Mar 6, 2008keep in mind NAVIN that the statement released after the decision is much more important than the cut itself because it gives us insight on future decisions. Listen to it carefully because if they hold rates this meeting but say that they will cut ...
Cable Update (GBPUSD)
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salah k. replied Mar 6, 2008u are perfectly right they should cut rates but u are forgetting inflationary pressures my friend especially with oil flying at all time highs. which will have an effect on this months CPI. they are in a tricky situation which is : slowdown in ...
Cable Update (GBPUSD)
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salah k. replied Mar 6, 2008no my friend thats not the way it works if they cut cable will fall( i know u might think it makes no sense but thats how the market reacts) if they hold we will see a rise in cable to the 2.01 possibly
Cable Update (GBPUSD)
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salah k. replied Mar 6, 2008last time they cut we saw around a 200 pip decline.
Cable Update (GBPUSD)
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salah k. replied Mar 6, 2008i dont know they seem pretty stubborn about not cutting rates so they might hold but they SHOULD cut(at least thats wat i think)
Cable Update (GBPUSD)
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salah k. replied Mar 6, 2008u should've waited the BOE might hold surprises because if u notice Halifax House Price Index was relatively low which means they have housing issues no doubt about it. and they shouldnt wait like the FEDs to act. they should act be4 the problem ...
Cable Update (GBPUSD)
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salah k. replied Mar 5, 2008i know wat u mean my friend u dont have to explain anymore. may i ask were do u c cable tomorrow as u have been right in earlier times.
Cable Update (GBPUSD)
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salah k. replied Mar 5, 2008unfortunately in this business it comes at a high price.
Cable Update (GBPUSD)
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salah k. replied Mar 5, 2008i just heard that exxonmobil makes 5 million $ every hour. impressive
Cable Update (GBPUSD)
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salah k. replied Mar 5, 2008you are perfectly right about scalping but i have a rule about scalping which is i would scalp only if i know what the direction of the trend is. in this case anybody who is sure about the direction would be mistaken because if tomorrow dollar ...
Cable Update (GBPUSD)
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salah k. replied Mar 5, 2008thnx my friend golden advice but im trying to study a strategy that would allow me to check the screen once a day so im trying to study all time frames. thats y im staying infront of my screen. i will nshallah make a plan that would allow me to be ...
Cable Update (GBPUSD)
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salah k. replied Mar 5, 2008i think its better to stay out the market till tomorrow rates decision because cable might witness much senseless volatility.
Cable Update (GBPUSD)
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salah k. replied Mar 5, 2008hey guys read this thread it was on the main page here on FF very interesting and it reflects wat is going on now in the US url
Cable Update (GBPUSD)
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salah k. replied Mar 5, 2008i dont know my friend i was planning on going this week but the problem is this is my last semester and i have a senior project so i cant keep all my focus on trading i mean i have a demo account and im almost 24 hours on the screen from anywhere. ...
Cable Update (GBPUSD)