Comments on: Cable: Reducing my position ahead of the Fed https://fxww.com/cable-reducing-my-position-ahead-of-the-fed/ The Professional Source Wed, 18 Sep 2013 18:45:53 +0000 hourly 1 By: Rhona https://fxww.com/cable-reducing-my-position-ahead-of-the-fed/#comment-29752 Wed, 18 Sep 2013 18:45:53 +0000 http://381c099c8f.nxcli.net/?p=10621#comment-29752 U will b pleasantly surprised(?) this morning….

Question:
Wht happens on a spike like this: – Take profits and close the position?
– Does the trend carries on ad keep the position? If so.. tip when? -Will the spike reverse so sell or buy out? – Reverse the position ? When?

I never know what next?
:)R

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By: Abdullah Hussain https://fxww.com/cable-reducing-my-position-ahead-of-the-fed/#comment-29724 Wed, 18 Sep 2013 10:06:29 +0000 http://381c099c8f.nxcli.net/?p=10621#comment-29724 Morning Sean, (its 6am here, Australia to Canada you know how it is), if it wasnt for the Fed decision today I would have so taken a short out at 99.28 around 6 hours ago just for some quick pips as you suggested earlier, Lucky Man you 🙂 Sean I wanted to ask after the decision, how long will the Market stay in the “Willy Wonka Phase” ( bet you havent heard it called that before) and start to relax so Ican begin to trade again?

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By: Jack1 https://fxww.com/cable-reducing-my-position-ahead-of-the-fed/#comment-29720 Wed, 18 Sep 2013 09:26:31 +0000 http://381c099c8f.nxcli.net/?p=10621#comment-29720 Thanks. That is very good level to watch.

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By: Sean Lee https://fxww.com/cable-reducing-my-position-ahead-of-the-fed/#comment-29716 Wed, 18 Sep 2013 08:45:19 +0000 http://381c099c8f.nxcli.net/?p=10621#comment-29716 Hi Jack, put bearish thoughts out of your head imho 🙂 I think we see 163 first, then maybe a pause, then 170+

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By: Jack1 https://fxww.com/cable-reducing-my-position-ahead-of-the-fed/#comment-29711 Wed, 18 Sep 2013 07:27:29 +0000 http://381c099c8f.nxcli.net/?p=10621#comment-29711 Hi, Sean,
I heard you said cable was not in right level for bearish when cable was in around 1.5000 level. Which level is ideal level for bearish action on cable in your mind in today lookout?

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