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25-10-2008, 07:58 PM
#331
Junior Member
Interesting chart, we may have here a reversal.........
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04-02-2009, 07:44 AM
#332
GBP.USD rebounded off 7 year support, entered a trade last night to see a retest.
Last edited by AMR; 04-02-2009 at 07:50 AM.
Disclaimer: Do not take my posts seriously. They are only opinions.
AMR has sold all shares and is pursuing property.
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13-02-2009, 11:14 PM
#333
Originally Posted by AMR
GBP.USD rebounded off 7 year support, entered a trade last night to see a retest.
Well that went very badly. Went short at 1.42, stopped out 1.46. Went short again 1.47. GBP rallied thru my stop by 80 pips and then my big move happens...argh!****!
Disclaimer: Do not take my posts seriously. They are only opinions.
AMR has sold all shares and is pursuing property.
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26-04-2009, 10:43 PM
#334
hi S, choppy action on cable recently , very much in a broad range between 1.35 - 1.50
last few months.
short term action not a lot clearer 148.38 ( 61.8 of wave down) needs to hold and reverse and i would take opportunity to buy the move lower and close out short.
strong correlation at the moment with equity markets,i'm expecting short term, market decline to complete B wave but its going to be a choppy affair.(sp500 /dow)
in summary better fish to fry.
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27-04-2009, 10:28 AM
#335
Junior Member
Originally Posted by dumbass
hi S, choppy action on cable recently , very much in a broad range between 1.35 - 1.50
last few months.
short term action not a lot clearer 148.38 ( 61.8 of wave down) needs to hold and reverse and i would take opportunity to buy the move lower and close out short.
strong correlation at the moment with equity markets,i'm expecting short term, market decline to complete B wave but its going to be a choppy affair.(sp500 /dow)
in summary better fish to fry.
Hi Dumbass,
I have been reading your comments over the past few weeks. Very interesting.
I guess if I would have been following your lead I would have made money but some people are stubborn!!!!????
Anyway, at least your gbpusd latest projection looks good for me as I am short gbp with.
Thanks
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27-04-2009, 10:59 AM
#336
it feels like there is no clear direction in forex markets at the moment.performance of the equity markets will determine short term direction.
Still favour a slow drift lower before markets hit their straps for a run up to 10 k + on dow, then Armageddon C wave lower.
The big trade to watch for the future is short euro, very surprised its held up so well and feel it will correct to parity.
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23-06-2009, 05:00 PM
#337
Rounding Bottom ?
.
The rounded bottom is a similar set-up and target to a H&S
.
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23-06-2009, 07:00 PM
#338
similar elliot wave count would have cable in a correction with a 5th wave target the same
as yours arco.
the charts seem to be indicating one final wave down in the USD and therefore one final
wave higher in equities before a great shorting opportunity.
how you seeing it ?
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23-06-2009, 08:15 PM
#339
Originally Posted by dumbass
similar elliot wave count would have cable in a correction with a 5th wave target the same
as yours arco.
the charts seem to be indicating one final wave down in the USD and therefore one final
wave higher in equities before a great shorting opportunity.
how you seeing it ?
Pure guestimate ATM but maybe..........
North move imminent to 6650-6750, reversal south to circa 6450, and perhaps north again towards 7300-7500. Then south again
arco
.
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14-08-2009, 03:59 PM
#340
Short term chart
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