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RebelRed replied Jun 24, 2010What are the odds that EU goes up to 2450? I see a broken, unwashed cup with part of a handle left. That's got to count for something.

EURUSD
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RebelRed replied Jun 24, 2010Good stuff. I found out about the UC/EU difference by accident while surfing one day. I've been using it as a confirmation on my trades.
EURUSD
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RebelRed replied Jun 24, 2010Well, if the USD is weak across the board, the Cable will go up and the UJ will go down because people are selling the USD. Is this what you mean?
EURUSD
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RebelRed replied Jun 24, 2010I have screwed myself more times in those 60-90 minutes. I just avoid them now if I can. I don't care what things look like. If I make a trade, it will immediately reverse against me and never come back.

EURUSD
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RebelRed replied Jun 24, 2010I always enjoy the 60-90 minutes before London opens. I never know what movement I'm going to see.

EURUSD
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RebelRed replied Jun 24, 2010Short-term fundamentally, not a bad trade. Honestly, watching the USA/EU is painful. Deciding on short or long is like being asked if you'd like cat piss or dog piss to drink. It's all piss, just tastes a little different (um, so I'm told).
EURUSD
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RebelRed replied Jun 23, 2010I used to "double up" on trades thinking it was a great way to recover and that the market was just giving me a discount. Since then I've learned that if the opportunity presents itself it means I'm wrong most of the time and it's best to either ...
EURUSD
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RebelRed replied Jun 23, 2010Don't average down losing trades. Add to winners. I hope it comes down for you. I might have to jump in to help you out.

EURUSD
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RebelRed replied Jun 23, 2010On the daily, I see a strong uptrend. But I expect there to be a lot of fight on the way up. That said, I'm newer to Cable and just going off what I see fundamentally and technically (I think). My biggest concern looking forward to next week is ...
Cable Update (GBPUSD)
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RebelRed replied Jun 23, 2010Yeah, I don't normally trade off it. I usually exit my trades from minutes to a day. But, I've been looking at the economic climate and think the GBP could go up nicely for a bit. We shall see.

Cable Update (GBPUSD)
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RebelRed replied Jun 23, 2010I'm waiting to short as well. hahaha I wonder just how many are waiting for a certain point.

EURUSD
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RebelRed replied Jun 23, 2010I'm thinking of going Cable long term right now. My weekly chart is starting to signal to go long. Looks like a solid possible gain. Still, I want a good entry and I need to do more research. I got out around 1.4900 last night (or today depending ...
Cable Update (GBPUSD)
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RebelRed replied Jun 23, 2010Weee. Obama giving another 1.5 billion (roughly) to homeowners in a few states to help them out. Maybe we can get Warren Buffet to help out since his company made money betting that the French World Cup team would suck.
Is it me or is the EU and ...EURUSD
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RebelRed replied Jun 23, 2010Looks like guys on Bloomberg were right. Cable is still going up. Kind of sucks that I exited my trade before going to bed (nice profit though). Might have to look for another entry point.
Cable Update (GBPUSD)
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RebelRed replied Jun 23, 2010I'm sure the new housing sales numbers here in the US will suck tomorrow. New home permits and construction is barely going up and we have a huge inventory. We'll see. Nite all. Wonder if I'll wake up to see a supreme crash after this rise. I got ...
Cable Update (GBPUSD)
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RebelRed replied Jun 23, 2010Right before news I loaded up with my personal maximum allowed on the long side. Needless to say, I'm going to sleep well tonight. Sucks trading London session in the US.

Cable Update (GBPUSD)
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RebelRed replied Jun 23, 2010Wondering what the minutes will do to the currency. It's due in about 15 min.
Cable Update (GBPUSD)