Cable Update (GBPUSD)

Quoting Ineedpips9

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EXACTLY! These past 4+ years of job hunting in this industry after I graduated has left me confused and frustrated.Espicially going in for an entry level job and the competition is guys who've been in it for 10+ years.My new game plan is after I get this math degree (within the next 2 years,with honors) If I still can't get a job then I'll go on to the doctorate,which pays a stipened.So I basically get paid to get my phd. The great thing about getting this math degree is that I can either go for phd in mathematics (which I love) or a phd in economics...

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Quoting cloggie

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Just waiting to see if equities are going to find support somewhere. FTSE down 2%, DAX down 2%, CAC down 3%, DOW down 2%, SnP down 2.5%.

Fibre dropped so much on the back of bad US data and a nagging little rumour that the ECB is buying bonds today, especially Irish ones.

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Quote

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Originally Posted by Ineedpips9 http://cdn.forexfactory.com/images/buttons/viewpost.gif
[i]EXACTLY! These past 4+ years of job hunting in this industry after I graduated has left me confused and frustrated.Espicially going in for an entry level job and the competition is guys who've been in it for 10+ years.My new game plan is after I get this math degree (within the next 2 years,with honors) If I still can't get a job then I'll go on to the doctorate,which...

Quoting cloggie

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The PhD in math is the only way to go, that's where the money is and no-one will touch you without it. Also you need to get fluent in Matlab, Gauss and C++. A good school for your PhD will lead to job offers. Most big Quants will have recruitment drives there.

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Quoting primzvicious

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dont take it seriously mate im just kidding

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Quoting Elite_trader

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it's amazing to see some people are discussing to go long in a day that markets are tanking 2-3% & argue if we can go 1.65 tomorrow.....!!!! I'm a bit confused if the have any system.... some are posting 5m charts & debating weekly S/R!!! it's not that difficult to gauge one's experience with their post.... anyways, am out with +328 pips today on cable & dragon..... hope urs was good too....

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Quoting cloggie

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I gave up being surprised, there is a whole herd out there that loves nothing better then CT-ing a major drop and have never heard of selling the rally instead. Of course there are plenty too that short the consolidation phase because they missed the fat of the drop.

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Quoting Pickensrulz

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Ex Governor Meyer's opinion of QE2

http://www.cnbc.com/id/38640418

The upswing is broken and a further retrace to 15550 in the coming days is very possible

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Quoting Pickensrulz

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15885 was a key level on my chart. A failure to close an hourly bar above this level and a downmove is to be expected.
Short stays open; target is open; stops to BE

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Quoting Elite_trader

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it's amazing to see some people are discussing to go long in a day that markets are tanking 2-3% & argue if we can go 1.65 tomorrow.....!!!! I'm a bit confused if the have any system.... some are posting 5m charts & debating weekly S/R!!! it's not that difficult to gauge one's experience with their post.... anyways, am out with +328 pips today on cable & dragon..... hope urs was good too....

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Quoting Elite_trader

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yea, but it's sad since we have a lot of noob here & they could lose money following some of these ideas.....

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Quoting ukdaytrader

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Not many GU shorts here last week and look what they might have missed.

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Quoting TauTrader

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Good day to you,

I turn my back for half a day and all hell breaks loose..

It seems that a lot of you did extremely well today. Congrats

I'm flat for the rest of the week. No trading for me.

Wish you all success

Regards

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Quoting ams

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Yup TT, time for you take a chillpill.....you collected enough pips to get you through the week

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Quoting wormboy

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true. I think we were the only 2 nutjobs shorting off 970 since Monday last week. But we're rich nutjobs now

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Quoting bablo

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Not quite the only two...

Starting easing into a short from 1.59000 and last short opened at 1.59815.

Let's just say that this trade was in the cards and I mentioned it to 4xstar in a PM while everyone was screaming 1.64 - 1.70 and Cloggie was stating that easing into a trade ment that you don't know how to enter a trade.

The one thing that I've learned in reading this thread is things can change on a dime and you need to stay nimble to make it in this game.

Now getting ready for a move up in USDJPY pair.

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Quoting bablo

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Not quite the only two...

Starting easing into a short from 1.59000 and last short opened at 1.59815.

Let's just say that this trade was in the cards and I mentioned it to 4xstar in a PM while everyone was screaming 1.64 - 1.70 and Cloggie was stating that easing into a trade ment that you don't know how to enter a trade.

The one thing that I've learned in reading this thread is things can change on a dime and you need to stay nimble to make it in this game.

Now getting ready for a move up in USDJPY pair.

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Quoting bablo

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MM is everything in scalling. I leave my self a 1000 pips of breathing room. This takes the emotion completely out of the game.

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