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salah k. replied Feb 29, 2008my friend i cant correct u technically as ur analysis so far is impeccable. but some of the guys on the site present good arguments about the butterfly chart. but i am mostly concerned about fundies as i believe this hike in the market was purely ...
Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008hey buddy just wanted to ask u do u think that line will hold for long? because it seems that a brake could happen any moment.
Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008geppy drove cable up 55 points i think cause i cant find any other reason
Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008wat ur saying is perfectly correct but wen we are in a grey are such as this fundamentals are the trigger believe me.
Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008consumer sentiment went well bye bye cable hope u hit the 9760 today
Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008we still have consumer sentiment this is the decisive report for the day. it could give cable the push it needs either way.
Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008Chicago PMI came out bad lets if it gives cable a push upwards(hopefully not)
Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008they have been screaming to me for a week but dollar screwed with all of us. now dollar is rebounding from its lows. u never know if it will reach new lows due to those politicians and economists. so keep an eye on bloomberg or watever for the news.
Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008they dont scream recession to me i think they are sinking the dollar on purpose. if someone can think of a reason y and tell us maybe we would have a better insight at were this is going.
Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008the whole market is falling cable euro aussie geppy dow

Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008yes but dont u c that pound is being killed infront of all currencies even the weakest which is dollar at the moment it will be very difficult ,after showing the bad housing sector and the bad credit sector in UK, for people to buy cable. but thats ...
Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008dollar seems to be rebounding a bit from the lows. lets see how far this correction lasts be4 it gets dumped by some politician or economist in US.
Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008good point its next target would be 9600 and then 9300
Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008i hate fundamental trading my friend because whenever an a**hole talks he might screw up everything. because of them u have to stay 24/7 infront of the screen. whereas technical trading is more relaxing because its more about studying the charts.
Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008seriously makey u deserve each and every pip bro good work bro

Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008i hate those grey areas lets just c if some BOE member will comment on the bad housing sector in UK
Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008thats wats killing. traders should be dumping the curreny now. on the other hand dollar is too weak unbelievably weak and it just keeps getting weaker. so how can a situation like this be evaluated????????
Cable Update (GBPUSD)
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salah k. replied Feb 29, 2008i dont know buddy u could be right but it just seems like its been trying to brake that 9970 3 times now and couldnt plus euro could c a slight correction.
Cable Update (GBPUSD)