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cableboy replied Mar 19, 2010all depends on time frame for me. 20 ma acts as good short term support and resistance for 1 - say 15 min. its never exact but close. i tend to see on the day what MA's are acting as res and supp
Cable Update (GBPUSD)
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cableboy replied Mar 19, 2010left 2hrs ago and nothing much has changed. told my self i was out for the day but am tempted to short. if the next 5 min attempt to break 20ma fails im gonna go short.
Cable Update (GBPUSD)
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cableboy replied Mar 19, 2010after breaking lower boundry of channel i would say we are heading south for the lower boundry of the daily time frame bearish flag to to about 5050 break there will send us past yearly lows.
Cable Update (GBPUSD)
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cableboy replied Mar 19, 2010exited at 5150 for just under 20pips dont like being against the trend. taken 90 this morning, lost 20. im gone! c you lot monday been a goooooood week for me gonna spend soem pips on a meal and sone good wine for the misus and i
Cable Update (GBPUSD)
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cableboy replied Mar 19, 2010out for + 20pips. gonna wait for a mo then consider re-entry friday friday friday
Cable Update (GBPUSD)
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cableboy replied Mar 19, 2010entered a short at 220 but a bit cautious of the 15 min hammer and prev 30 min bullish candle
Cable Update (GBPUSD)
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cableboy replied Mar 18, 2010earlier short got stopped for 20 pip loss but just took 45 off the move up banked them and am looking for a pull back to go long. dont think any change of immediate trend will happen before u.s open
Cable Update (GBPUSD)
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cableboy replied Mar 17, 2010i was out at 300 with the first and 330 with the second second target was supposed to be 400 but i bottled it!!! i hope the uk debt is better than expected so others who stayed in make the pips. i wish you luck my friend. was also long on gbp/jpy ...
Cable Update (GBPUSD)
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cableboy replied Mar 17, 2010calling all bulls that caught the jump whats your targets? how far you trailing? how you handling the position?
Cable Update (GBPUSD)
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cableboy replied Mar 17, 2010have a look at gbp/jpy poised and ready to rock of the 1 hr hammer. thats if the news is good i got an order abover the high
Cable Update (GBPUSD)
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cableboy replied Mar 16, 2010scenario: bad jobs data and a dovish BOE from the u.k news at 9:30 could turn daily into a bearish flag. send us from the upper boundry back down to yearly lows where we range for a bit then take the strong move south. a wild possibility but remeber ...
Cable Update (GBPUSD)