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musicman007 replied Feb 19, 2007Interestingly enough......on a 5 min chart the 9 and 20 EMA's have crossed and the 50 is verey close to doing so as well. I have a long entered at 9470 which if triggered i will ride to 9500 and then review. In addition, on my 15 min chart my ...
Daily Cable Analysis
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musicman007 replied Feb 19, 2007Interestingly enough......on a 5 min chart the 9 and 20 EMA's have crossed and the 50 is verey close to doing so as well. I have a long entered at 9470 which if triggered i will ride to 9500 and then review.
Cable Update (GBPUSD)
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musicman007 replied Feb 19, 2007I think its all over for today and we will go sideways in the current range. There is no news due out to speak of today, US holiday etc. A day to do those odd jobs or go to the carnival/beach. If we go through 30 I see us going to next fib at 9401, ...
Daily Cable Analysis
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musicman007 replied Feb 19, 2007Hola ! dos cerveza por favor ! ....... is my limit, but gets me all I need

Daily Cable Analysis
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musicman007 replied Feb 16, 2007Me too at 9500. Well I am using the Sidus method from another forum on here together with fib levels, parabolics and a good healthy dose of cross checking across multiple timeframes to guage sentiment. Now, beware a reverse at 9508.

Daily Cable Analysis
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musicman007 replied Feb 16, 2007I went long at 80 and when it hits 9500 thats me finished for the day. Various indicators and systems say that the top should be around 9505 shortly. May even fail at 9498 being the 38.2 fib retrace on today 15 min. Although 9535 would take us to ...
Daily Cable Analysis
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musicman007 replied Feb 16, 2007After much consideration and technical analysis I believe that it is absolutely the right time to go Long...., sorry, Short...erm...Long, no no, definitely short, on the other hand....

Daily Cable Analysis
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musicman007 replied Feb 16, 2007Nice one, now will Henrycarol PLEASE stop selling!!!!

Cable Update (GBPUSD)
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musicman007 replied Feb 16, 2007Blair is Bush's poodle so there is no real difference - both are full of soundbites and wont admit they got it badly wrong - humility is not a politicians trait, unless it suits them and gets votes.

Cable Update (GBPUSD)
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musicman007 replied Feb 16, 2007I am convinced of that otherwise we would have gone higher from 9515 area. I think we will close somewhere between 9490 and 9510 for the day ie top of the range from 8.15 today.
Daily Cable Analysis
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musicman007 replied Feb 16, 2007Oh yeah, Presidents Day. In the UK we should have a Prime Ministers DAy - that way we get at least one day off from Blair!
Cable Update (GBPUSD)
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musicman007 replied Feb 16, 2007There is strong support at 9480 and all US news has been pretty -ve and I expect this to continue for a while. Therefore I am long at 79 and waiting for the news to confirm weaker $. We are also close to xover on 15 min macd.
Daily Cable Analysis
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musicman007 replied Feb 15, 2007No Problemo.... a tick is a single trade at a single price, so the tick mark representing the open or close refers literally to a single transaction or to a batch of transactions all at the same time and price. Hope this helps.
Cable Update (GBPUSD)
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musicman007 replied Feb 15, 2007Oh dear, looks like your gonna have a wasted trip, or at least very dissapointing.......and I 'm not a Chelsea Fan!
Cable Update (GBPUSD)
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musicman007 replied Feb 15, 2007Looking at the hourlies we could see res at 9537/8 area defore the lower fall to 9504/6 area which is 61.8 retrace on 4 hr as well.
Cable Update (GBPUSD)