Cable Update (GBPUSD)

Quoting Bull_Bear

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For those that missed the move like i did (silly me closed the long @ 1.4720 thinking market won't move till later and position lower for upside) playing the short side is high risk. 1.4700 level is stronger support, wait for the retrace.

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Quoting Bull_Bear

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buy entry order is @ 1.4705.... 1.4700/90 is good support

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Quoting ubaidahsan

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hmm i am thinking to enter for long but at 46 level waiting to close my short

Ub

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Quoting Terminale

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For mee it look like a bull trap. remember that last rise ? same volume are bringing it up. low and fast . maybe the big dogs are laughting now waiting for their entry.

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Quoting Bull_Bear

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Here's a reminder my friend.... entered long @ 1.4705.... TP 1.4905

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Quoting kanji

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I am with you my my friend, still keeping my shorts at 4525 and 2 trades at 4645, whether it goes to 1,5 I will continue shorting it... fundamentals say gbp should be weaker for uk economy, and even beer sales had decreased enormuosly in uk as I know, giving a clue about how things going bad in uk...

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Quoting Bull_Bear

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Here's a reminder my friend.... entered long @ 1.4705.... TP 1.4905

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Quoting wormboy

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Nicely done
We have the same idea. http://www.forexfactory.com/showpost...postcount=1054

Good luck with your trades.

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Quoting wormboy

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. Never predict, just trade the trend.
Plus it won't be so comfortable adding & holding shorts all the way up to 5000 levels if the account traded involves full lots.

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Quoting deboooo2005

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Hello

wait to test 1.4680 if hold i 'll buy if broke target will be 1.4615

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Quoting kanji

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I never and never use sl, thats quite a different style of trade but I am still a live

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Quoting wormboy

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No it's not a different style of trade. All newbies trade the same way, (without stops), I was one & I had traded the same "different" style too.
And the other side of the field wasn't green.
Anyway, I'm in no position to judge. I just feel I had to say something about your kamikaze way of trading. Many new traders reading your statement could be terribly mislead.
Good luck with your trades.

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Quoting wormboy

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No it's not a different style of trade. All newbies trade the same way, (without stops), I was one & I had traded the same "different" style too.
And the other side of the field wasn't green.
Anyway, I'm in no position to judge. I just feel I had to say something about your kamikaze way of trading. Many new traders reading your statement could be terribly mislead.
Good luck with your trades.

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Quoting wormboy

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No it's not a different style of trade. All newbies trade the same way, (without stops), I was one & I had traded the same "different" style too.
And the other side of the field wasn't green.
Anyway, I'm in no position to judge. I just feel I had to say something about your kamikaze way of trading. Many new traders reading your statement could be terribly mislead.
Good luck with your trades.

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Quoting kanji

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Wormboy, my friend, Dont think me as a newbei according to my post rate I am in forex or about 5 months, firs t I blew up 2 accounts at damn ACM because of their spread strategy and lot setup, then I opened my account on another broker fxsol, and preparing my lots better and unriky with murray math entries and outs and I have 99 percentage of succesful trades, Just one trade still open from 91 usdyen sell I wish it will come there in couple of months too. anyway have good pips and we require your charts and tech analysis as I read you mostly...

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Quoting ubaidahsan

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4905 TP are you sure it will toch and will reach there??no chances so far to reach at 49xx now...wish you luck i will be enter in long position later

Ub

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