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PipTrapper replied Dec 18, 2013I wouldn't bank on any reliable correlations between the commodity currencies and European currencies. Those correlations went out the window many weeks ago. I think the Aussie still needs to take a bit more of a beating. Anyway, the size and ...
Cable Update (GBPUSD)
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PipTrapper replied Dec 18, 2013Definitely looking bullish, but I think we get one more pullback to 15400 ADD: upon looking again, I think we might even see it retest 14900 area before more up.
The Club!
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PipTrapper replied Dec 18, 2013I think it was the bears in the last 6 sessions. They love jam
image Cable Update (GBPUSD)
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PipTrapper replied Dec 18, 2013Oh come on. Be nice. If the retail crowd was buying, your bull trades would be losing.
Cable Update (GBPUSD)
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PipTrapper replied Dec 18, 2013No necessarily. Taper or no taper, the cycle downwards is not done yet IMO. We still need to test 1.6120 - 1.6080 area. Of course it could happen next week, but happen it should. Call it unfinished business. Only a new 2013 high will invalidate ...
Cable Update (GBPUSD)
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PipTrapper replied Dec 18, 2013Looks like we're heading for the 76.4/78.6 level at 1.6405/11 area
Cable Update (GBPUSD)
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PipTrapper replied Dec 18, 2013Remember that if 3710/20 does not hold, then price will fall into major institutional demand at 1.3665/70 area and from there it should fly up. However, if we get a bigger than expected taper, that area may not hold for too long as the demand will ...
EurAnalysis
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PipTrapper replied Dec 18, 2013Still holding long from 1.6245, but I think 1.6370 will be pretty much the end of the line for this bull move. Might take some more profit there depending on price action. image
Cable Update (GBPUSD)
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PipTrapper replied Dec 17, 2013Looks like you have taken his post out of context. If you read back all the prior posts on this page you will see he was proving a point about trend lines to someone else. Yeah we know why David Sayli was banned, and it was certainly not for having ...
The Club!
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PipTrapper replied Dec 17, 2013I think I understand, but it would be much more clear with a marked up chart.

Cable Update (GBPUSD)
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PipTrapper replied Dec 17, 2013Here are the main points. The bolded ones are of most importance. Return to growth does not mean return to normality. Inflation a hair's breadth from BOE's 2% target. Recovery has taken hold but not at a stage that needs rate increase. Business ...
EurAnalysis
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PipTrapper replied Dec 17, 2013Me either. I will sell mid-term once I can confirm a top. Till then, it's just intraday trades 30 to 50 pips at a time. A dripping tap fills many buckets
image Cable Update (GBPUSD)