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el_duende replied Feb 3, 2014All my short trades closed at target 1.63. Been a great last few days. Will enter new long order at 1.6286 for a retrace New short order at 1.6395 Out of interest there has been a sentiment shift of FF traders to net long. Additionally on the new ...
Cable Update (GBPUSD)
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el_duende replied Jan 30, 2014Hi Davit, I often have similar thoughts to you. 1.63 is a key level for a reversal. The most likely orders for new longs will be at 1.63 and around 16385. Will be interesting to see how both weekly and monthly charts shape up on Friday.
Cable Update (GBPUSD)
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el_duende replied Jan 30, 2014My short orders 166 and 16550 both closed for profits at 16450. Have placed new short orders at 16520 and 16495 however I think I have already missed the action
Shouldn't have stayed in the pub
Edit - Cancelled those orders lol prob best not ...Cable Update (GBPUSD)
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el_duende replied Jan 27, 2014My short order at 16550 has been triggered. Good pips to all!
Cable Update (GBPUSD)
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el_duende replied Jan 24, 2014Me neither, I have no idea how they stop the increasing debt. I think there is now an inevitability feel to it. Higher incomes may be hard to achieve with the ever increasing costs of living. In real terms people are earning less year on year. The ...
Cable Update (GBPUSD)
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el_duende replied Jan 24, 2014Indeed that's the key fundamental. How each country can deal with its debt. I think personally UK's debt is more of an issue, time will tell.
Cable Update (GBPUSD)
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el_duende replied Jan 24, 2014yes Q2 2015 is what majority of people have. UK has a ridiculous amount of debt, that is rising. Making debt more expensive for both the government and for peoples personal debt is a recipe for disaster IMO.
Cable Update (GBPUSD)
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el_duende replied Jan 24, 2014Another thing to ponder over the weekend. Markets have been pricing in that GBP will raise rates before USD. What would happen if this idea were to change? What if BOE made noises that they don't see any rate change for the foreseeable future, that ...
Cable Update (GBPUSD)
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el_duende replied Jan 24, 2014A predicament. The charts are technically bullish and the GBP fundamental outlook bearish. There is one thing missing which is your analysis of USD fundamental outlook.
Cable Update (GBPUSD)
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el_duende replied Jan 24, 2014My shorts have hit their target too. However closed too early? Carneys speech is trying to encourage short GBP in my view. On the weekly chart there is a chance the bar will close as a Pinbar. Enough for bears to take a foothold? Food for thought ...
Cable Update (GBPUSD)
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el_duende replied Jan 24, 2014Why are most traders on here more obsessed about trying to prove they are right and rejoice in other traders misfortunes. This type of mindset is detrimental to your trading.
Cable Update (GBPUSD)
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el_duende replied Jan 23, 2014I did the opposite and went short at 6630
Very small S/L Looking for a pullback to 1.65Cable Update (GBPUSD)
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el_duende replied Jan 14, 2014Is this what you looking for? url FXCM also have this data is you have an account/subscribe with them.
Cable Update (GBPUSD)
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el_duende replied Jan 14, 2014I had exactly the same trades filled. Short 6440 and 6420. My targets are 6300 and 6250
Cable Update (GBPUSD)
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el_duende replied Jan 13, 2014Nice work.
That pattern you posted was a great call.Cable Update (GBPUSD)
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el_duende replied Jan 13, 2014Looks a good target to me. I think 1.632 has a chance today too.
Cable Update (GBPUSD)
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el_duende replied Jan 13, 2014You are being harsh. The charts he posts after the event proves his accuracy.
Cable Update (GBPUSD)
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el_duende commented Jan 12, 2014He really hasn't done a good job, well unless your a banker or one of the elites. Many are destitute, people rely on food banks to feed their families, losing their homes, services are being closed or cutback, children's school education being ...
George Osborne's hard choices will only hurt the young and poor