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_BBKing_ replied May 4, 2011hello all! what a sleep. i sit here and wait levels. 6455-6500 is nowhere area for me. usdx daily chart looks like reacting till 74-74.20 if closes below weekly FE100... is 71 area. will be a busy day today!
Cable Update (GBPUSD)
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_BBKing_ replied May 3, 2011thinking on the bull, price today went down due to gov.King speakin about interest rates and also because of bad manufactury data. if that 6462 (daily sma20, h4sma100, mofu on fibofan...) is the bottom, we can see 65 n 66 area very soon. until below ...
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_BBKing_ replied May 3, 2011i dont remember who had that if gator or some one else. was on euro thread.... for fiboretrace you need to set new levels on it at 0.44 and 0.56

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_BBKing_ replied May 3, 2011hello, i think 6425 should be tested if loose the 6460 today's low.. anyway 6444 can be first reaction line. lets see
time will tellCable Update (GBPUSD)
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_BBKing_ replied May 3, 2011depends on where price find demand because if doesnt go below 6462 (day low) is a thing below is danger
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_BBKing_ replied May 3, 2011i found it!

i found the hot water! 6459 is "mofu" fibofan. mofu=44% fibofan. happens a lot of time it refuses price. first time i see it so perfect touch!Cable Update (GBPUSD)
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_BBKing_ replied May 3, 2011i am planning this: 6425-6380 should give a possible pullback can be a quick scalp where let a 30% position to try above 6500 but if price does not come above 6500 quickly, would be a strong signal of 'no-demand' or 'few-demand' in that case 63 area ...
Cable Update (GBPUSD)
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_BBKing_ replied May 3, 2011uhm bro... sincerely i think this thing is reversin till 63 area. was a lot of time i was not such worried on a long position on GBP! charts are sayin something that my eyes see, but not my brain. still searching a reason on that 6462. lot of ...
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_BBKing_ replied May 3, 2011uhm... i dont think they will rise rates coz last boe meeting was in favour to let them unchanged. First sign will be a positive GDP (now0%). all for next quarter for me. there was here bbaker which said rates hike in august not before, based on all ...
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_BBKing_ replied May 3, 2011i was 0,00002 seconds to open short @6462 below previous new daily low. from here i see millions reasons to get 6430-25 now i check better charts n try to find why the reason to stop in 6462

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_BBKing_ replied May 3, 2011i come in after a good rest and all appears more clear at least i was worried on my positions for something!! i did not get profits but now would be in very bad angle.......... my bad, was not here ready to get shorts! what a day!

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_BBKing_ replied May 3, 2011hi did not notice your question! sorry i was very tired!!! BEP = Break Even Point (the price you get the position) TGT = Target (where you think to take profits) db+dt= gosh... i don't know!

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_BBKing_ replied May 3, 2011yes lot of stress here not only by forex but from all things around me..... i could have get 60 pips on gu n 60 on gj.... i would like to buy some patience... now i will have a nice n good rest. tomorrow other day!

Cable Update (GBPUSD)
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_BBKing_ replied May 3, 2011i need a breake. nothing good on charts for me.
closed all. good luck will come back laterCable Update (GBPUSD)
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_BBKing_ replied May 3, 2011ok tks, now looking m30 pattern i feel a bit better on my "half position". would like to see it above 6500. gbp jpy 134.15 strong line..... i think it is attracting price

Cable Update (GBPUSD)