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RebelRed replied Jun 23, 2010I'm newer to cable. What's the correlation between ftse and cable if any?
Cable Update (GBPUSD)
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RebelRed replied Jun 23, 2010I thought it was about to take off at open. I'm short right now, but got it on tight stop loss.
Cable Update (GBPUSD)
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RebelRed replied Jun 22, 2010I trade it, but I read that only like 4% of people trade the UC.
USD/CHF
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RebelRed replied Jun 22, 2010Going to bed. I'm up nicely from when I shorted. Put tight stop in so I lock up pips. Hope she runs a little. Thanks Spain.

EURUSD
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RebelRed replied Jun 22, 2010It was breaking news on bloomberg. Soon as I heard it, I went short.
Who knows if that's why or anything, but the timing was uncanny. Wondering what effect the UK emergency budget will have on this pair. Sounds like some serious painful changes.EURUSD
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RebelRed replied Jun 22, 2010Spain is talking bad news again. Maybe we will get this ship going south a little faster.

EURUSD
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RebelRed replied Jun 22, 2010He also said never trust a communist pretending to be a capitalist.
EURUSD
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RebelRed replied Jun 22, 2010I checked ECB site. That number is correct. It shouldn't affect the currency much though.
EURUSD
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RebelRed replied Jun 22, 2010German ifo is correct. It beat forecast. Not sure about the CA though. Didn't hear anything on bloomberg.
EURUSD
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RebelRed replied Jun 22, 2010Hahaha could you imagine if you woke up and found that the software was jumping in and out of that currency pair. Probably get a margin call every couple of trades. Hahaha
EURUSD
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RebelRed replied Jun 22, 2010Hahahahaha I decided to check the usd vs Mexican currency out of curiosity. The spread is 155. LOL
EURUSD
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RebelRed replied Jun 22, 2010I am short GU and wondering what effect this emergency budget will have. Think it was the FT that said it was biggest in a generation. On bloomberg they were talking about how capital gains tax might go from around 13% to 40 or 50%.......holy crap.
Cable Update (GBPUSD)
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RebelRed replied Jun 22, 2010I'm not in it right now. My only position is short the gbp/usd, which is lovely. Waiting to see where the EU decides to go.
EURUSD
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RebelRed replied Jun 22, 2010I'm looking for possible dollar weakness as it gained against the yuan today, which is the exact opposite of what the rally was about. Might pullback some. Of course you have the emergency budget UK later too.
EURUSD
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RebelRed replied Jun 21, 2010Yeah, I'm checking it out. When I got it earlier, I just eyed 1075 as the end of the line. Don't like playing against the current trend too much.

EURUSD
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RebelRed replied Jun 21, 2010I'm out. Took my profit pips and went home.
Wondering if it will make break past 1100 now. hahahEURUSD
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RebelRed replied Jun 21, 2010I'm long UC at the moment in anticipation of my buy signal bring triggered at the close of this hour's candle. Not keep it for much though. good luck!
EURUSD
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RebelRed replied Jun 21, 2010I think so too, but I was also looking at where it was at and where it might struggle next (2400), so there was no point in giving up pips to gain a few more. If we start going south of 2400, I might pick it up again.
It bounced off 2420 and I ...EURUSD
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RebelRed replied Jun 21, 2010I exited my short position for now. Going to wait to see how things play out for a bit.
EURUSD
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RebelRed replied Jun 21, 2010That is correct. I think many people, especially new traders, can benefit from a higher ratio. You don't have to be right as much and it keeps you from chasing pips. Also it will force you to analyze more and guess less. I don't adhere to a strict ...
EURUSD