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Old 15-08-2004, 13:55   #10 (permalink)
magoo
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Hi Habib,

You seem to think that cable is due to rocket higher against the USD. So, from your point of view, every downward price acivity in GBP/USD is "manipulated".

Another point of view, if you don't mind :
Cable is now no more in a bullish trend against USD and EUR.
Last Thusday and Friday downtrend was a warning that the market gave to you. Take advantage of that.

US economy is getting better and better. I think there is a good chance to see cable under 1,8000 USD within 1 month.

Last thing : the market is not manipulated. The market is the market. When cable will go back to 1,5000 USD, you gonna understand what I mean. And the 300 pips down trading range of last week will make sense. Maybe the 300 pips upward correction was the real manipulation???

Have fun,

Magoo
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