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AhmedFouad replied Nov 17, 2006Thank you, I do my best to improve.
EURSEK longs: try to take profits at 9.06 highs. the risk is if we didn't break convincingly thru 9.07 resistance, it's going to make a downward movement again. as some oversold areas are cleared just now and ...Daily EURSEK Recommended Trade
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Daily EURSEK Recommended Trade
Started Nov 17, 2006|Trading Discussion|6 replies
Hello, Daily EURSEK EURSEK is vulnerable to a corrective bounce towards 9.0700/9.0800 as ...
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AhmedFouad replied Nov 17, 2006I still favour a break of 1.8834 low, and giving way to 1.87 area in coming days.
Cable Support
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AhmedFouad replied Nov 16, 2006A lot of news releases, I am shocked.
It might reverse only above 1.8900 breakout..its still in mid-range. lets be cautious from now on.GBPUSD
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AhmedFouad replied Nov 16, 2006MA crossover with RSI agreement on daily. Entry 1.8887 today open, a bit late for the bearish move but should swing lower over next week. A break of 1.8836 low is actually approaching sooner or later this week.
GBPUSD
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AhmedFouad replied Nov 16, 2006Sold 1.8880, Stoploss on a clearance of 1.89. I still see a scope for 1.8834/36 low breakout in line with the daily swing signal. do not know what everyone else thinks about it right now.
GBPUSD
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AhmedFouad replied Nov 15, 2006Yes, I hope it will be an excuse to sell GBP and that It won't reverse the swing setup completely.

GBPUSD
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AhmedFouad replied Nov 15, 2006Your strategy is so compatible with mine. Unbelieveable. I was just setting limit 1.8900, tp 1.8780. There is also a swing trade bear on daily.
GBPUSD
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AhmedFouad replied Nov 15, 2006Pretty much of EUR drop is a GBP weakness versus US dollar. As I mentioned, I wait for a bear signal on daily chart to say that EUR has to drop. Right now, I only see a strong uptrend. And this should get us cautious, GBP is short EUR long..and CHF ...
GBPUSD
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AhmedFouad replied Nov 15, 2006Happy for you all!
Stay prepared for direction in NY session. I would be cautious getting into EURUSD short as Daily charts didn't agree yet.GBPUSD
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AhmedFouad replied Nov 15, 2006Target was hit already. Ofcourse that would be good for the day given GBPUSD might be slightly oversold in intraday charts, well.. there's tomorrow

GBPUSD
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AhmedFouad replied Nov 15, 2006I hope everyone else enjoyed the drop. Move sl to your entry, and exit @ 1.8870 later in the day I hope. If you have many lots, close some.

GBPUSD
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AhmedFouad replied Nov 15, 2006Market expecting a weak empire release, so the report has to surprise on the downside to trigger more USD selling.
GBPUSD
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AhmedFouad replied Nov 15, 2006Indeed. Can't rule out a spike after the bounce from 1.8918..but unless the inflation report really changes this trend, its swinging lower again during the day.
GBPUSD
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AhmedFouad replied Nov 15, 2006Moving stoploss to entry point now ahead of UK Inflation Data.
GBPUSD
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AhmedFouad replied Nov 14, 2006Exactly, it's very wide and you can't predict the day high. but anyway, if it's swinging lower, no worries. Good luck shorts.. Can't say that EURUSD will drop equally, the daily chart still has its bullish phase ..we need to swing lower down 1.2780 ...
GBPUSD
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AhmedFouad replied Nov 14, 2006Mine is very close to your entry. 1.8950, I suppose you used the candle open price on daily. Indeed 1.8900 is psychological. but I prefer 1.8870-75 support...Let's see how much upside will do, and according to GBP daily range it might slip lower ...
GBPUSD
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AhmedFouad replied Nov 14, 2006I am sorry sir, I disagree with the statement that says "Forex is easy".. It is not easy, because rarely you find that "perfect setup of a trade" and if technical agrees, fundamental does not and vice versa in many cases. Moreover, the market reacts ...
the driving force behind your desire to trade
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AhmedFouad replied Nov 14, 2006Selling Cable today, anyone else? — Hello, I am selling Cable today because I see a possible reversal of the uptrend on Daily charts. Anyone else is selling? I would aim for targets in the 1.88 area today. What is your strategy on Cable? ...
GBPUSD
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AhmedFouad replied Nov 14, 2006Prices edged lower reaching 618.90, and now it seems like a short term move would be a bearish trend start. Would wait candle close to confirm.
Gold Discussion