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Jul 4th 2007
PeterB’s Daily View On Cable - 4rd July 07
GBPUSD, forex signals 2 years, 8 months agoTags: Daily Cable, GBPUSD, Pound.
Cable is in a consolidation after the last bullish movement. The price is just bellow 2,0190 resistance. The volatility is low. Uptrend should continue to gather momentum. My position is still the same as yesterday, buy on the dips while it’s consolidating.
I will open a long position again at around 2,0170.
Put the stop loss below 2,0130 (-40 pips).
The target is 2,0220 (+50 pips)
Every trade is Risky, be carefull and use your stop loss. Again I would reccomend using small lots or less than 1%. at 1% with a stop at -40 pips your risk is 0.4%,
Happy trading
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assholes scammer
richboy, go stand at the corner!
i thought i’d say the same thing to richboy.