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tarektm replied Jun 19, 2008but if it happened, we can open one trade and leave it for a month, of course with a stop, and we move this stop closer as we are earning. and also we can trade on the usual frames like now,
Long Term GBP/USD ( Warning Sign )
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tarektm replied Jun 19, 2008Thank you for the Explanation which is really helpful
Long Term GBP/USD ( Warning Sign )
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tarektm replied Jun 19, 2008Congratulation Bro
well, it's the hardest time, and i wish you find a good job that suites you.Cable Update (GBPUSD)
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tarektm replied Jun 19, 2008my stop was targeted and it was hit. so i will keep my eye on tomorrow and the next week.
Cable Update (GBPUSD)
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tarektm replied Jun 19, 2008Exams are Much important... i've been there
good luck.Cable Update (GBPUSD)
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tarektm replied Jun 19, 2008i have posted a chart before, that shows a strong trend, tested before, yes no one knows where the direction is, but if it didn't go down, that means a new levels, that's why there are some big guys who want to keep that market in this range for ...
Cable Update (GBPUSD)
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tarektm replied Jun 19, 2008that's a good point, So, The Inflation in the UK, Will make them to raise the rates, so do US. That's 1:1 i think
as for the time, in the weekly chart it is showing , the price will range further more, but it will continue the trend or break it ...Long Term GBP/USD ( Warning Sign )
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tarektm replied Jun 19, 2008What's happening, why is this thread too quiet today?
Cable Update (GBPUSD)
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tarektm replied Jun 19, 2008When this hit in 2006, it was ranging just like what is happening now a days. i have lived the moment there, and i remember how better it was for me because i couldn't tell in a time.
Long Term GBP/USD ( Warning Sign )
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tarektm replied Jun 19, 2008could the daily trend line hold on if there was a bad news for USD Today? that red line was tested today, we may rebound for a good short trade, or it might be broken up.... i have put a limit order to open at 1.9718 with stop 1.9735 we might miss ...
Long Term GBP/USD ( Warning Sign )
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tarektm replied Jun 19, 2008short at 1.9718 level which might be hit when the news is out. i have put an entry limit on that level only, to minimize the risk and to tighten the stop loss.
Cable Update (GBPUSD)
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tarektm replied Jun 19, 2008it might go down to 1.9420 that will be my target but this is a high risk trade. and don't take it now, only if it is up again at the level of 1.9718
Cable Update (GBPUSD)
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tarektm replied Jun 19, 2008the daily frame trend didn't break today so far: as for me it is the time to sell, with stop above 1.9735 but remember, if you follow this, do it at your own risk, this is a critical area, and this is a critical call. best place to enter is 1.9718
Cable Update (GBPUSD)
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tarektm replied Jun 19, 2008i wish you a good luck. as for me, i didn't take any action yet.
Cable Update (GBPUSD)
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tarektm replied Jun 19, 2008it's not over yet, they targeted the weekly R1 then it hold on, they might try again. if they pass it successfully, then we are in danger.
Malaysia
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tarektm replied Jun 19, 2008May i suggest that if the price reaches the 1.9590 you move your stop to 1.9660, and put your target to 1.9540?
Cable Update (GBPUSD)