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OnlineAddict replied Jul 17, 2014Looking into longing 7070 for a quick scalp and then maybe 7050, if we get there.
Cable Update (GBPUSD)
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OnlineAddict replied Jul 17, 2014I meant the bull reversals on 1M, slow 5 pip spike up, 1 second 5 pip spike down, etc, you would need to be there, it slowed down now. But breaking the day's low what easy during the 2nd asian hour...thats just not common, thats all. I'm really ...
Cable Update (GBPUSD)
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OnlineAddict replied Jul 17, 2014Whoever stayed in their shorts, congrats...this is falling beyond crazy...there is no way I enter at this crazy PA, though.
Cable Update (GBPUSD)
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OnlineAddict replied Jul 17, 2014What a crazy PA the past few hours...looks like a strong bear, but I don't trust this...too much volatility...rather stay out on this. EDIT: Didn't see these crazy movements for a while during asian session...something is going on, either someone ...
Cable Update (GBPUSD)
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OnlineAddict replied Jul 17, 2014I used the previous H4 top as a SL, got stopped out very fast, better to stay flat until either way higher or way lower.
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OnlineAddict replied Jul 17, 2014Short closed with a minor loss...I'm done for today, pretty much BE, so waste of time. Not shorting this at these levels. btw USDX is going down, big rejection today, so I think I'm done with eur or cable shorts for the week. Still buying.
Cable Update (GBPUSD)
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OnlineAddict replied Jul 17, 2014I'm out on cable long, too...close -5 pips, there is always lower I can buy at.
Cable Update (GBPUSD)
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OnlineAddict replied Jul 17, 2014Then lets wait if this closes above 1.71 and high enough to go for it.
EDIT: Got it at 3523, SL 4 pips...lets see.Cable Update (GBPUSD)
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OnlineAddict replied Jul 17, 2014I have nothing against 1.69, do you mind if we go to 1.7145 one more time before that? I would appreciate that.
btw I'm only watching intraday PA.Cable Update (GBPUSD)
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OnlineAddict replied Jul 17, 2014Which trade? I'm long on cable, I don't open 2 trades at a time, most of the time. If I was long on eur, I would set a SL below 3519, so risking 6-7 pips. Do you need big pockets for that? Or are you one of those martingale super traders, who add ...
Cable Update (GBPUSD)
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OnlineAddict replied Jul 17, 2014You are right, markets are random. Thats why when euro hit 3503 not so long ago, it spiked 160 pips in a few hours. I bet the traders on FF did that move, since most of them were short below 1.36 by that time.

Cable Update (GBPUSD)
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OnlineAddict replied Jul 17, 2014Not sure about exact numbers, but euro's top was 1.6, cable's top 2.1, 2500 pips and almost 4000 pips.
Cable Update (GBPUSD)
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OnlineAddict replied Jul 17, 2014You know...there is always someone on the other side of the trade...the more money, the easier they can protect a level.
Cable Update (GBPUSD)
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OnlineAddict replied Jul 17, 2014Based on PA. Look at 3520 on euro...somebody big is protecting it. If it holds today, bulls won. Same on Cable...71 still a solid support and bears not able to make a new low. They are trying...they just can't. They have 1-2 hours left.
Cable Update (GBPUSD)
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OnlineAddict replied Jul 17, 2014If even this good Philly number won't take eur and cable down...staying bull.
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OnlineAddict replied Jul 17, 2014I wish it happened today, so I could take tomorrow off.
Cable Update (GBPUSD)
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OnlineAddict replied Jul 17, 2014I'm still long 7102 from earlier. I don't see a reason to close the trade, for me 7145 is minimum target, today or tomorrow.
Cable Update (GBPUSD)