Hey Pound Trader, you there?

Cable Update (GBPUSD)

I truly hope so.

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Why should USD gain strength due to good numbers? If I am correct, strong USD reflects risk off not risk on. Has something changed since the GFC? I don't trust news numbers at all, but do watch them as I find them humorous from time to time.

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The gentleman you are referring to is looking at longer term monthly chart where there is a potential bullish TL. I am quite convinced we won't know either way for weeks yet.

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Hi dude, sorry misread your take on gilts and outlook for GBP. Please disregard my reference to gilts in my previous post

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Personally, it looks like the mother of all monthly bear flags (blue lines on my monthly chart above a few posts). It simply seems to me that indecision about how to approach the euro crisis is preventing lower weekly lows. What I have been watching ...

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This is what I see to be honest. It seems to fit better with the fundamentals also IMO

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Ok I see your picture. How do I send you a PM with a screenshot attached like in the normal forum?

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Yeah I understand dude. But why still have bullish feelings? We are in a much worse state than we were in '08 from what I can see. The sovereign money that bailed everyone out last time is gone and now countries are bankrupt and this is a much ...

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Oh yes, I can't believe how I am reacting to my baby, can't stop looking, loving, cuddling, kissing etc. never thought I could love a child so much. she was my wife's idea, I just went along for the ride (pardon the pun). I guess I love this game ...

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I got an idea, how about everyone else move over here, we have the room

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Did seriously think about it when I was single. Went to UK in 2009 to scope the personal training and massage scene out, and thought of starting again over there purely to keep my forex addiction alive. Fear of losing my business here then failing ...

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Yes, simply the 1hr one, it is complete, my post was simply reflecting on what has already happened and my financial dismay at living in such a beautiful country that is geographically challenged from a forex market traders perspective.

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Have been thinking a similar thing myself, but just thought I must have been missing something. Possibly a little fearful of making things a little worse, I know I would be with a big drawdown in place. Would love to see this thing climb.

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Perfect H&S set up while nursing baby to sleep in front of my charts about 1.5hrs before NFP. Even had a carbon copy of BBKings 1hr TL. Wanted to put in the short but couldn't babysit the trade due to living in Australia and need to sleep Dammit. ...

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A bit early for that bro. How's the holidays?

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Is the world running out of safehavens? Will gold and the Aussie be the only bullish pair for a while? Just curious as we see the Aussie bust a move to new recent highs while the GU and EU continue to get hammered.

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That old level corresponds well to the new level from what I can see. Maybe I am missing something.

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Why is that a WTF level? Looks like support (not a strong one granted) and an ascending 1hr TL to me. Just what catches my eye that's all.

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Yeah, just bit me on the arse for 82 pips. Hate handing back profits. Still 60 up for the week so still around I guess.

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