Comments on: Cable: Be careful if trying to pick a top https://fxww.com/cable-be-careful-if-trying-to-pick-a-top/ The Professional Source Fri, 12 Apr 2013 08:57:06 +0000 hourly 1 By: Sean Lee https://fxww.com/cable-be-careful-if-trying-to-pick-a-top/#comment-19689 Fri, 12 Apr 2013 08:57:06 +0000 http://fxww.dreamhosters.com/?p=7010#comment-19689 Possibly Papillon, must say yen crosses looking bit sicko so might happen

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By: Papillon https://fxww.com/cable-be-careful-if-trying-to-pick-a-top/#comment-19688 Fri, 12 Apr 2013 08:31:51 +0000 http://fxww.dreamhosters.com/?p=7010#comment-19688 Sean,

We could get a signal to add on USD/CHF if EUR/USD breaks 1.3040 ? Obviously, we have some strong bids at 1.3050/40 with stops on the break.

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By: Sean Lee https://fxww.com/cable-be-careful-if-trying-to-pick-a-top/#comment-19681 Fri, 12 Apr 2013 05:52:10 +0000 http://fxww.dreamhosters.com/?p=7010#comment-19681 No change my end Papillon, played around bit in cable but that’s all. Think USD/CHF might dip bit further but still pretty strong conviction that I should be building m/t longs there. No change to EUR/AUD tech picture yet so waiting patiently 🙂

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By: Papillon https://fxww.com/cable-be-careful-if-trying-to-pick-a-top/#comment-19680 Fri, 12 Apr 2013 05:47:31 +0000 http://fxww.dreamhosters.com/?p=7010#comment-19680 Good evening Sean,

Thanks for the reply. This morning, the pairs EUR/USD and GBP/USD looks ready to move up ? The level held at 1.2340 on EUR/AUD, did you build your position ?

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By: Sean Lee https://fxww.com/cable-be-careful-if-trying-to-pick-a-top/#comment-19671 Fri, 12 Apr 2013 03:20:43 +0000 http://fxww.dreamhosters.com/?p=7010#comment-19671 No Wassim, still in downtrend but mkt might be bit short and we could see final push 1555/156 before downtrend resumes. I’m thinking 146/156 type range for next few months??

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By: Wassim https://fxww.com/cable-be-careful-if-trying-to-pick-a-top/#comment-19669 Fri, 12 Apr 2013 03:01:15 +0000 http://fxww.dreamhosters.com/?p=7010#comment-19669 Hello Sean,
So where would a big cable buy rod lead 1.56?
Did cable revert course and is the downtrend done in your opinion?
Cheers

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By: Jordan https://fxww.com/cable-be-careful-if-trying-to-pick-a-top/#comment-19668 Fri, 12 Apr 2013 02:48:42 +0000 http://fxww.dreamhosters.com/?p=7010#comment-19668 Makes sense. Wave counts suggest 1.5475 in cable and 1.3200 in eur

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By: Danny https://fxww.com/cable-be-careful-if-trying-to-pick-a-top/#comment-19667 Fri, 12 Apr 2013 02:36:23 +0000 http://fxww.dreamhosters.com/?p=7010#comment-19667 Hi Sean,
Just as i was thinking about cable, i saw your post. It has been trying to move above 1.54 but failed.

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By: Sean Lee https://fxww.com/cable-be-careful-if-trying-to-pick-a-top/#comment-19665 Fri, 12 Apr 2013 02:24:27 +0000 http://fxww.dreamhosters.com/?p=7010#comment-19665 Ah must’ve been yur big bid at 60 🙂 might see another dip in daly Europe but fancy we might get a typical Friday short squeeze

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By: Jones https://fxww.com/cable-be-careful-if-trying-to-pick-a-top/#comment-19663 Fri, 12 Apr 2013 02:19:45 +0000 http://fxww.dreamhosters.com/?p=7010#comment-19663 I tried to pick a top yesterday at 1.54. My initial target was 1.536 but there appeared to be really strong demand at 1.537!

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