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Scrat replied Jan 31, 2008he said something about UK economy... might be true, can't argue with him if i don't know the details. but whatever the direction would be, i will follow it. if it goes to 1, i'll be there to close my shorts the moment it's rising again.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Scrat replied Jan 30, 2008175 by summer??? based on what?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Scrat replied Jan 30, 2008i don't usually post in this thread, but i couldn't help myself with this one. i have added demark TD points to my strategy about 6 months ago and i have considerably increased my success rate. i currently use a system based on multiple timeframes, ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Scrat replied Jan 27, 2008at this point i tend to support karmo's view. we currently are in an H4 move up, and price has only hit 382 fib/213.66; there's plenty of space until 618 fib/219.26 - which is also close to a daily trendline. if we look at gbp/usd, which is also ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Scrat replied Jan 20, 2008i am thinking about going long, because i believe an h4 move up has just started. target would be at least 215.10 (possibly 220.18), and SL would be below 206.99. after that, going down again.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Scrat replied Jan 11, 2008that's right
. will probably close my longs around 213.90 and then looking to open short positions as soon as that rising trendline is broken. Auslanco - GBP/JPY and GBP/USD (newstrade)
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Scrat replied Jan 9, 2008hey bullrock, long time no see. how's that EW book coming?
Cable Update (GBPUSD)
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Scrat replied Dec 6, 2007i like this one, couldn't have said it better.
Cesarnc's market talk, gossips, rumours & fun
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Scrat replied Dec 6, 2007it's only 18 minutes to the statement. why would you open a position right now?
Cable Update (GBPUSD)
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Scrat replied Dec 6, 2007as i already said, 2.0230 has been hit. closed one short position; still holding another one with SL on + side. let's see what BOE has to say about interest rates.
Cable Update (GBPUSD)
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Scrat replied Dec 5, 2007back to the charts. h1 now. there is a reverse bearish divergence going on. this means, the moment we see that trendline broken, another move down will begin. i put a fibo because i believe the next move will start from either 23.6/2.0348 or ...
Cable Update (GBPUSD)
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Scrat replied Dec 5, 2007it is not people that make the market. it is BIG GUYS, and they are not driven by fear and greed at all. "people" are only 3-5% of the forex market. i hate to break it to you, but it is THEM that move the market (oh, and i forgot: regardless of any ...
Cable Update (GBPUSD)
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Scrat replied Dec 5, 2007here is a chart on h4. i put 2 vertical lines: one on the current time, the other one on the last high. look what happens with CCI and price at the first vertical line: price goes higher, CCI starts to decline. then CCI drops below 0, and price ...
Cable Update (GBPUSD)
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Scrat replied Dec 5, 2007trying to understand if there was a fundamental reason for this move is useless. what really happened was as simple as this: big guys decided it was time to go down. THIS was the fundamental reason. that's why i'm saying the only way to make a ...
Cable Update (GBPUSD)
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Scrat replied Dec 5, 2007i didn't think you were impolite at all. i put up 3 charts, look at them; daily, h4 and h1. they all point down so far, and i don't see any reason to go long at this moment. if you think "oh, but how low can it go... it has to go up at some point ...
Cable Update (GBPUSD)
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Scrat replied Dec 5, 2007
CCI is NOT a lagging indicator!!! by the way, did you know there are people that trade CCI only (without looking at the price)? this is one of the best indicators ever invented (along with stochastic). as for fundamental analysis, good luck ...Cable Update (GBPUSD)