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Posts by "shane"
222 Posts Total by "shane":
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Posts by Anonymous "shane":
If it breaks that it will fall but i dont think so it will go to 1.28. 1.30 is a reasonable target.
Yes you are right and I think its better to leave GBP at its own for a while, i took 30 pips and will scalp short if any opportunity arises. Thanks.
currency markets are unpredictable but 1.54 is a safe level to short, i will scalp long if it goes against me.Ashraf always insists on using your margin as i will hate to loose 100 pips and than see it going down as the only logical stop is 1.5525 in this case.
Yup i am cautious aswell but this is typical cable behavior, I take various small positions and adjust different profit targets. 1.5350 is the first than 1.5280 , 1.52 and 1.5150. Trailing stop on the rest, try this ?
juno
Dollar will weaken but not just now and as for pound had a good time up and we dont need to be super intelligent to see it.
Yes i am at 1.5420 and more to add at 1.55, Daily MACD will most probably have a cross down soon so i am entering short , 1.48 yes anyways i think 1.50 and 1.49 as targets. Good luck.
I believe 86 in 2010 and will be in 90s in 2011.
The corelation bw equities and dollar index is dying, libor and yields are more relative now this all suggests a long term dollar uptrend is in the making as the currency markets will tend to re capture there normal trends and behavior, But short term picture is completely different seriously its a dangerous and choppy market to trade in.