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cgldsmth replied Nov 26, 2007my simpletons take, since I mainly trade long TF, is that 221ish or thereabouts has been good resistance 4 times in the last year. If this breaks there's a lot of downside, but I'm favouring the accumulation of long positions right now, especially ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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cgldsmth replied Nov 23, 2007further to this, there is now considerable support with a very long-term 50% fib and some other failed lows.
How I Turned 1k To 100k In A Wk!!!
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cgldsmth replied Nov 23, 2007A good way to hedge long eurodollar right now would be an aussie short, which has a long drop potential looking at S/R.
EURUSD
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cgldsmth replied Nov 23, 2007I don't think overbought indicators have any merit in a strongly trending market. It was way overbought 1.40! There is much talk about ECB/FED intervention but it is just talk at the moment. Plan to tighten stops but let profits run, sitting on over ...
EURUSD
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cgldsmth replied Nov 22, 2007there looks like a clear bullish channel on the hourly so I'd be very wary of a short right now.
Cable Update (GBPUSD)
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cgldsmth replied Nov 22, 2007call me crazy, mad, lunatic, imbecile, but I see eurodollar at 2.50 in a couple of years. Let your profits run.
Cable Update (GBPUSD)
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cgldsmth replied Nov 22, 2007looks like a potentially nasty drawdown with all those long positions. good luck!
Breeze....Update on GBP/JPY
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cgldsmth replied Nov 12, 2007I think the credit crunch is now being felt and the consumer is going to go into a steady panic. I have a great credit rating but my Mastercard company said "no way" to a limit increase, despite me paying it all off in full for the last 10 years and ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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cgldsmth replied Nov 12, 2007my target is 221.80. The long-term 50.0 fib drawn from June 2005.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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cgldsmth replied Nov 12, 2007easily, but I've taken my profit as the risk-reward is less favourable now. Like geppy it's a big mover.
Aussie Pairs
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cgldsmth replied Nov 12, 2007[Nov 5th quote=cgldsmth;1698861]lots of downside for AUD, I particularly like EURAUD up to 1.7 level, it's bouncing off strong lows.[/quote] just S+R and luck really.
Aussie Pairs
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cgldsmth replied Nov 12, 2007just banked 900 pips on EURAUD, nice feeling but I was a bit jittery a week ago 200 pips down.
Aussie Pairs
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cgldsmth replied Nov 7, 2007GBPCHF is a thing to behold right now, should hit 2.300 today.
Cable Update (GBPUSD)
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cgldsmth replied Nov 5, 2007lots of downside for AUD, I particularly like EURAUD up to 1.7 level, it's bouncing off strong lows.
Aussie Pairs
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cgldsmth replied Nov 3, 2007I think it's freefall to 0.9000 at least. Remember a few months back when I said it would break parity??????? what a great trend.
USDCAD trend reversal?