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Galation replied Mar 9, 2009I'm confident it will close below 1.4000 today; especially as volume is decreasing rapidly.
The WoRmHoLe
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Galation replied Mar 9, 2009About 500 to 600 pips today in 2 seperate accounts which = 1000 to 1200 pips today, which isn't bad going!
Galation's Trading Log
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Galation replied Mar 9, 2009You're looking at it too much
You just need to step back, pause, and then re-evaluate.Cable Update (GBPUSD)
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Galation replied Mar 9, 2009Sound Piece of Fundermental — Mon, Mar 9 2009, 13:38 GMT by FastBrokers Research Team FastBrokersFX GBP/USD The Cable is crashing Monday on the news Britain is nationalizing Lloyd’s Bank. Additionally, it seems HSBC has considerable exposure ...
The WoRmHoLe
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Galation replied Mar 9, 2009Mon, Mar 9 2009, 13:38 GMT by FastBrokers Research Team FastBrokersFX GBP/USD The Cable is crashing Monday on the news Britain is nationalizing Lloyd’s Bank. Additionally, it seems HSBC has considerable exposure in U.S. loans, hinting it will need ...
Cable Update (GBPUSD)
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Galation replied Mar 9, 2009In other words, when people start to move away from risk aversion and their risk appetite improves, the USD will get poo'd on.
Cable Update (GBPUSD)
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Galation replied Mar 9, 2009You wouldn't have missed anything if you had placed smart sell or buy limit orders.
Cable Update (GBPUSD)
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Galation replied Mar 9, 2009That's quite the specific prediction there.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Galation replied Mar 9, 2009I don't use the moving average convergence divergence, I just use price action and candle sticks.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Galation replied Mar 9, 2009Short term trend long. Long term trend is short.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Galation replied Mar 9, 2009Just for reference, a lot of my trades are placed with a big loose stop loss. This is because I trade in the direction of the overall trend, but inevitibly there are whipsaws and retracements etc. My stop losses can be up to 500 pips: obviously good ...
Galation's Trading Log
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Galation replied Mar 9, 2009Nice one. The USD is bullish across the board really at the moment.
Cable Update (GBPUSD)
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Galation replied Mar 9, 2009When you say something like this, it's important to say what time frame you're talking about. You could be talking about the 1min, or the 1 week.
Cable Update (GBPUSD)
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Galation replied Mar 8, 2009Potentially yeah, there could be a flagpole and a flag in there. If you look at it another way, one could interpret the ascending triangle as a potential bullish breakout.
The WoRmHoLe
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Galation replied Mar 8, 2009How can you say that is truth? Are you a prophet?
Cable Update (GBPUSD)
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Galation replied Mar 7, 2009considering the bigger picture, the EU hasn't fallen nearly as much as it could potentially do, compared to the gains it has made since its introduction.
EURUSD
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Galation replied Mar 7, 2009I think certain trendlines are subjective to personal opinion. See how you drew two different trend lines which were completely different? That is just you doing two different line. Now imagine hundreds of thousands of people drawing the trendline: ...
Cable Update (GBPUSD)
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Galation replied Mar 7, 2009This is a good post: I was studying this exact chart last night., Nice one Arthur.
EURUSD