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el_duende replied Apr 23, 2007Bit like cable being a bit quiet. No economic news today. Im placing a sell order at 2.0015 and a buy at 1.9980 with tight stops and for small targets
Cable Update (GBPUSD)
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el_duende replied Apr 20, 2007Its nice to know other traders have had a crap Friday as I have. Makes me feel better.
My first week trading live and I have reduced my hard earned weekly profit by 70% in one day. 
Cable Update (GBPUSD)
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el_duende replied Apr 20, 2007My chart looks similar to yours indicating South move. However zoom out a time frame and the trend still looks up! Choices Choices


Cable Update (GBPUSD)
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el_duende replied Apr 20, 2007IMO sell at 2.0050 - 2.0060 area if price hits TBH do the opposite of me as Ive called everything wrong so far ROFL BRB
Cable Update (GBPUSD)
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el_duende replied Apr 20, 2007jailumar I agree just didnt think it would be so soon today.
Lesson to self 1) Dont convince oneself an economic report will be better than expected due to rumours and previous high CPI and average earnings reports for UK ETC. You may go ...Cable Update (GBPUSD)
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el_duende replied Apr 20, 2007Took my stops thats for sure! I think South may be the direction to go now. However my predictions the last 2 days have been disasterous.
The first 3 days this week the money I made I have just lost today and yesterday! I love trading ...Cable Update (GBPUSD)
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el_duende replied Apr 20, 2007If 1% it is better than the expected 0.5% figure however less than last months 1.4% so I would say a small move North But if above 1.4% big North move
Cable Update (GBPUSD)
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el_duende replied Apr 20, 2007The retails report info I posted was nicked from the site cesarnc posted a few pages back - in the live commentary part Also an interesting development is the USD/CHF has broke 1.2060 resistance levels this morning which coincided with a move down ...
Cable Update (GBPUSD)
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el_duende replied Apr 20, 2007UK RETAIL SALES: There's a bit of talk in the UK markets on a possible super-strong March retail sales report. Talk suggests a y/y reading of 5.2% against the market for 4.7%. To get that then the m/m reading (which is the important component of UK ...
Cable Update (GBPUSD)
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el_duende replied Apr 20, 2007Me too!!! Ive longed now but at 2.0065 a bit late maybe but still do we have a bull til 9.30 with good retail news approaching the top. That site url is ace. FX total orders is interesting. Cheers thats going into my favourtites
Cable Update (GBPUSD)
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el_duende replied Apr 19, 2007I myself have got sells on cable 2.0020, euro 1.3605 and Aus 0.8384 from yesterday and today. Im hoping the Fed data will start a move south. I think it will come at better than 0.2% and cesarnc today has been a pain in the ass to trade, ive already ...
Cable Update (GBPUSD)
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el_duende replied Apr 19, 2007lol enough about the forexmaster lets get back to business. Are targets of around 1.9970 to 1.9950 going to hit? Couple more reports from US out a bit later. Gold is taking a beating at present which may help dollar
Cable Update (GBPUSD)
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el_duende replied Apr 19, 2007forexmaster55 you say However one of your rules says According to my broker 19985 was hit. With spreads to pay you would have been stopped out of the trade
Cable Update (GBPUSD)
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el_duende replied Apr 18, 2007Euro pushing past 1.36 now! Poor dollar keeps being kicked whilst its down. This may push GBP up still more
Cable Update (GBPUSD)
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el_duende replied Apr 18, 20072 voted in favour of rate hike last month. Cable has risen very high due to speculation that its not just 25 base point rise being talked anout but a 50 base point hike (maybe spread over 2 or 3 months). Inflation is a major concern. Other news is ...
Cable Update (GBPUSD)