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Ctic replied Apr 15, 2010Pawpaw, It appears you are trying to be a long term trader on a short term basis. What I mean by that if you buy @ a resistance point, you have to be willing to let drop to the support, go back to the resistance, and then surpass to the next ...
Cable Update (GBPUSD)
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Ctic replied Apr 15, 2010You know it brother. I have been in and out all week as we have been in this narrow upward range. Still think we see 5700 by end of month.
Cable Update (GBPUSD)
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Ctic replied Apr 15, 2010Is that why you haven't said anything to me in a while Azim... lol.. J/K. I know I have been scarce lately. On the bright side today is the last day of tax season so I should be back in full force next week. YEEEEEEHHHHH. C.
Cable Update (GBPUSD)
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Ctic replied Apr 15, 2010Pawpaw, Excellent idea.. It is always wise to have methods that work well together. As for me, I focus on PA techniques. I look to the fibs, candlestick patterns and MA's, S/R, pivots etc.. By the way, I am still bullish myself. C.
Cable Update (GBPUSD)
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Ctic replied Apr 15, 2010Fendi, Excellent, you backed up your analysis with a chart.. good job. Now for business.. I would beleive that it will be hard pressed to reach that at this time (if short term trade). We bounced off the 30M 200 and we are heading back up. One thing ...
Cable Update (GBPUSD)
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Ctic replied Apr 14, 20105550ish — I still believe this will make the 5550ish mark by the end of the week pushing next week up to the 5600 - 5700 mark like I said a couple months back... That will be the test of the trend reversal or the drop for continuation. As for ...
The Boardroom
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Ctic replied Apr 14, 2010For what timeframe? We keep getting higher highs on lower tf's and 5400 is now acting as the support We should make it to the 5540 mark before long IMHO.
Cable Update (GBPUSD)
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Ctic replied Apr 13, 2010LOL, True Preet. The Hell with it... I will do it.. lol.
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Ctic replied Apr 13, 2010You did better than me then Mal.. I set my stop loss at 3000.1 pips. Wouldn't you know it went to 3000.2 pips and then went my direction for 10,000 pips.. I think my broker was stop loss hunting.
Cable Update (GBPUSD)
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Ctic replied Apr 13, 2010Well then, at least you would have a 50/50 chance... But what happens if it is a double headed coin?
Cable Update (GBPUSD)
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Ctic replied Apr 13, 2010It is a great day. Two very good trading days in a row for me. Hopefully I can keep my positive trade days trend going. How are you doing Kill C.
Cable Update (GBPUSD)
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Ctic replied Apr 11, 2010See Paw Paw, You would of got screwed here. Now to make your 60 pips you would have to make 150 pips. You would need about 100 just to break even. With the hedge like I said you would have closed out +100 (roughly) place new short in and now you ...
Cable Update (GBPUSD)