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LizardGizzard replied Feb 4, 2009Hmm. Doesn't look false to me at all. we just broke trendlines, resistance, had nice thrust on multiple timeframes. Why would you say that? I'll be buying dips.

Cable Update (GBPUSD)
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LizardGizzard replied Feb 4, 2009Don't try to trade the news. It is a complete waste of time. It was obvious from the charts what was going to happen. Forget the news. Just avoid NFP.
Cable Update (GBPUSD)
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LizardGizzard replied Feb 4, 2009She has just overcome several trendlines and strongly broken out north. I'm covered at BE and will ride until she says otherwise. If you're going to short, do make sure there's a concrete reason.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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LizardGizzard replied Feb 4, 2009You can kiss 128.50 goodbye for a while.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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LizardGizzard replied Feb 3, 2009When this pair breaks north, it should be fairly massive, considering the gradual roundish bottoming and indications of huge divergence that have been piling up for months. I don't want to do anything but buy. It is nugh about to break a huge ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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LizardGizzard replied Feb 3, 2009Yes, but all that was needed to trade that short was a simple trendline. I don't disagree that knowing the fundamentals makes you a more complete trader, but I must also say that you don't need to know the first thing about them in order to trade ...
Cable Update (GBPUSD)
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LizardGizzard replied Feb 2, 2009More GBP longyness to come. I heart trendlines.

Cable Update (GBPUSD)
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LizardGizzard replied Feb 2, 2009Holy Cow. Glad I took those longs. Already profitable. Guess 90 was the stop they were looking for. Yeeha on more profit!!!!
Cable Update (GBPUSD)
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LizardGizzard replied Feb 2, 2009Oh WAIT. i'LL TAKE TWO LONGS HERE WITH A STOP AT 80. lOOKS LIKE POSSIBLY THE LONG CANDLE FORMATION i WANTED. sORRY FOR YELLING. i'M LEAVING IT TIL THE MORN. LATER, GATORS. HOPING FOR GBP STRENGTH THROUGHOUT THE NIGHT. IF NOT, SMALL LOSS. YEEHAA!!!!!
Cable Update (GBPUSD)
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LizardGizzard replied Feb 2, 2009Alright, I'm out all trades, save for short USDCAD tonight with a stop at 75. Goodnight, Gentlemen and Ladies. Myself, had a good day, up 10%, despite cable...though I banked a bit on the early day longs. I'm leaving it alone til the morrow. Happy ...
Cable Update (GBPUSD)
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LizardGizzard replied Feb 2, 2009I'm still hoping to see a candle north pattern, but if not, that's how she goes. Got a basket of others to play out as well. Cable is my fave though. I heart cable.

Cable Update (GBPUSD)
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LizardGizzard replied Feb 2, 2009LOTSA 1m north divergence here. I'm still thinking north, though it could easily skid past 90 and I'M out. I'd wait for further thrust at that point. MM is soooooo key.
Cable Update (GBPUSD)
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LizardGizzard replied Feb 2, 2009EO, I'm still long. Tight stop though at 90. If I'm wrong, no biggie.
Cable Update (GBPUSD)
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LizardGizzard replied Feb 2, 2009Just looks to me now that dollar shorts are in order across the board. But everyone has to form their own opinion as to how much pain they can take.

Cable Update (GBPUSD)
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LizardGizzard replied Feb 2, 2009I can't post pics on this computer. And my trade is one in a basket. So I have others offesetting. As for the uptrend being broken...that depends on your timeframe. I will discount the 5M uptrend once 90 has been broken. Until then, no. But never ...
Cable Update (GBPUSD)
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LizardGizzard replied Feb 2, 2009Just broke another 5M uptrend line. One more to go. Let's see what happens. My thoughts are the uptrend should continue, but a stop at 4190 would be prudent, just in case.
Cable Update (GBPUSD)
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LizardGizzard replied Feb 2, 2009Just be careful looking for excitement. The need fr excitement equates to gambling. Not saying you are a gambler. Just saying, be careful, especially during the Asian session, which can easily be misleading.
Cable Update (GBPUSD)
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LizardGizzard replied Feb 2, 2009Hmm. To me, I see a high close doji withhigher close after and a TL break north, indicating long on the 4H. Guess it depends on exactly how far you see cable going in either direction.
Cable Update (GBPUSD)