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- gene22 replied Jul 20, 2007
As dissapointed as I'm to say this, but if you take a look at the price action from lst Friday you will see the same exact patern on cable, as much as I hoped that this weel would signal a corection there is more and more evidence that it is not the ...
Cable Update (GBPUSD)
- gene22 replied Jul 20, 2007
There is a real fight happening in cable, whichever way it wil go it will move fast. Still smell a corection though, maybe slightly higher levels, but it's coming
Cable Update (GBPUSD)
- gene22 replied Jul 20, 2007
As long as yesterdays high is not broken there is a chance that the good news rally will not be sustained, judjing by the price action I see offers are being absorbed rather quickly, so we could see a choppy market with a new high, hope not, still ...
Cable Update (GBPUSD)
- gene22 replied Jul 20, 2007
which broker, Ifx is really not liking me lately, EBS shows 24, send me a snap shot, I'll try to get this posistion from them it was a 50 lot sell, hate wasting time and geting screwed
Cable Update (GBPUSD)
- gene22 replied Jul 20, 2007
Son of a bitch didn.t hit my sell at 25, 1 pip difference ohh well lets stay on the sidelines and wait
Cable Update (GBPUSD)
- gene22 replied Jul 20, 2007
SeekingLight, you are the very few that actually shows knowledge and understanding, great post, see you, btw if you have any questions pm and I'll try to help out
Cable Update (GBPUSD)
- gene22 replied Jul 20, 2007
There is no hard feelings, I was simply a little bored and your post ticked me off, on a side note, different views is what makes this fun, but knowledge is power, trust me on that
Cable Update (GBPUSD)
- gene22 replied Jul 20, 2007
That was fun, trying not to fall asleep before the news, BTW it is a crap to work for a bank or anyone else, if you are smart and have the guts to do it, only a few haours a day, flexible schedule and really BIG MONEY, this is where it is. My mentor ...
Cable Update (GBPUSD)
- gene22 replied Jul 20, 2007
You are ignorant, and ignorance is bliss.... One advice from someone who is simply bored, and maybe, perhaps can help someone not to make the same mistakes when I started 14 years ago, the more you learn the better off you'll be, as a trader, and ...
Cable Update (GBPUSD)
- gene22 replied Jul 20, 2007
Well in that case you should be buying the cable right?!, Oh wait cot report shows that the big boys are at an all time high shorting this thing for the past 4 weeks, HMMMMMMMMMMMMMMMMMMMMMM, they are the ones that run the market we are simply ...
Cable Update (GBPUSD)
- gene22 replied Jul 20, 2007
continuing with the topic, why did the cable just hit 2.0511, and started falling like a rock, confleince of factors: touched the ema on the 15 min, H3 Murray resistance on the 15 min, previous way high yesterday, it was a good place for a 10 pip ...
Cable Update (GBPUSD)
- gene22 replied Jul 20, 2007
Pardon my french, and again exuce me for being blunt, if technicals have nothing to do with forex (short term), long term we have global Fundamentals come into play, than why do we have suport/resistance, trend lines, etc., etc... Let me be clear, ...
Cable Update (GBPUSD)
- gene22 replied Jul 19, 2007
It looks like we will have a correction, to what levels can't say for a fact it's all speculation, but the structure clearly indicates a correction untill the first week of august. The next leg up should continue through September, if in the short ...
Cable Update (GBPUSD)
- gene22 replied Jul 19, 2007
Another good news for the dollar, unemployement at 301, the market is just refusing to make a move
Cable Update (GBPUSD)
- gene22 replied Jul 19, 2007
here you go, a couple of charts to explain the setup
Cable Update (GBPUSD)
- gene22 replied Jul 19, 2007
Give me a sec, I need to capture this thing to post it
Cable Update (GBPUSD)
- gene22 replied Jul 19, 2007
If anyone is trading gpn/nzd, there is a very good setup for a possibility of a long term long at 2.57, possibility for a 1000 pips initial profit, risk 75 pips
Cable Update (GBPUSD)
- gene22 replied Jul 19, 2007
3846-50 is a possible spike for the euro for today, the higher probability is for a corection to 3680 area if not this then next week
Cable Update (GBPUSD)
- gene22 replied Jul 19, 2007
Gold just made a short term triple top, there is a gap at 670.10 level so, a short term corection should begin now, gaps tend to get filled
Cable Update (GBPUSD)