#doyourownanalysisordietryin ![](https://resources.faireconomy.media/images/emojis/64/1f643.png?v=15.1)
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Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
DislikedI suspect this will have an effect , http://www.bbc.co.uk/news/business-27132563 {quote}Ignored
Disliked{quote} Won't argue the correction. Been expecting it for some time at these levels as my posts will bear out. As is usual on these forums, folks are looking at different things. Some the overall trend (my posts today). Some what's happening "within" that trend (your posts today). Neither is right or wrong as it pertains to the other.Ignored
DislikedPip Anon wrote a nice little reply in this news article below. He also provided a nice You tube link about Peter Schiff and what he was saying in 2005, 2006 and 2007 right before the 2008 crash. Like him, many of us who were saying the same things were literally laughed at and viewed as conspiracy theorists. Well, history has a way of telling the truth nobody can deny. Is he, Marc Faber and folks like Pip Anon, me and others right about the dollar and the US economy now? I won't say but I will advise caution and paying attention to facts (the reality...Ignored
DislikedBut your a day trader or less ,all we care about is what next were not HDA ,I don't know how big his trade is I'm guessing not that , I don't think the market cares about his fib extension at all and that won't be touched ,any time soon , {quote}Ignored
Disliked{quote} Absolutely true. But as a day trader (at least for me), it's important to keep the overall trend in clear view as to decide which is the "safer" direction to trade in. In an uptrend, I'll "risk" less on shorts than longs. Also, since I one day "hope" to be like HDA, keeping the bigger picture in mind at all times just makes "common" sense to me.
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Disliked{quote} Absolutely true. But as a day trader (at least for me), it's important to keep the overall trend in clear view as to decide which is the "safer" direction to trade in. In an uptrend, I'll "risk" less on shorts than longs. Also, since I one day "hope" to be like HDA, keeping the bigger picture in mind at all times just makes "common" sense to me.
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Dislikedbit worrying that your wondering if 80 will break ,from where I'm standing but guess well have to see , {quote} {image}Ignored
Disliked{quote} I'm sure it will. Same thing has already been in effect in the USA here. Don't quote me on this but I "think" for over two years or so now? The days of giving just anyone and everyone a mortgage whether they can afford it or not are long over. So this will, and has already effected the dollar as well. I'm waiting to see if the dollar can break at least 80.00 for the umpteenth try now. It could very well but I have my doubts. And even if it does, will it keep gaining strength for...Ignored
DislikedI like HDA but he hasn't provided me anything that makes me think he's an amazing trader ,i mean I can see ruff cause he provides outlook with charts even if I don't agree often , if you know what I mean , {quote}Ignored
Disliked{quote} I understand what you mean Tony. But "charts" are not everything in assessing ones knowledge. Even if we set aside for a moment his long position that he's held since September and his obvious confidence that his exit of 7000 will be met, The prices, levels, supports and options he's posted over and over tell me he clearly knows what he's talking about. That fib exercise the other night (in my humble view) was just a thing of beauty to go through and opened up a whole new area of understanding for me. Even IF 7000 is never reached, it came...Ignored
DislikedI see the wording chris ,it does cover all bases I suppose ,but core of what your saying is you think its bearish , anywayIgnored
Disliked{quote} I think he was wrong not closing at 1.69963 just because of 4 pips, even if he is a position trader. But it's his style anyway, I hope he has good luck and can close his position @1.70Ignored
Disliked{quote} I don't consider him wrong or right. But it is why I posted that to him about how impressed I was with him sticking to his plan. If it were me? And if I can be so bold to say probably most here, I would have jumped ALL OVER banking that long a hold, with that much profit on the line over being within 4 or 5 pips of my target...LOL But I also understand (and can agree) that he's being paid quite well in swaps for holding the buy. If I were making just that much (the swaps) per day, it would solve my situation here completely....
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Disliked{quote} I don't "think" anything Tony. I'm just not convinced it's bullish yet. How many times have we seen a currency or pair "thrust" one way or the other only to see it bounce right back? I'm neither bullish or bearish on the dollar. That said, given it's past performance and the current situation in the US, it will simply have to prove itself one way or the other to me. Current conditions (too many to list) here in the US don't have me very "optimistic" for any sustained strength "as of now". Just as I felt and said back in March of 2013 when...Ignored