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As mentioned on the Chit Chat thread,
I closed all S/T open positions Fri evening
which including Fridays GBP shorts - cashed up
at @ 7346. (+139)....can't be too greedy
I had a Gann level showing at 7335 which seems
to be giving a little support............
Also the break of the old uptrend line could
require testing, so I expected we could see
some northward movement before cable heads
further south.
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This one jumping around today[8D]
Eur/Gbp done well because of it
Cheers
Slam
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I trust some members caught that nice up-move last
night. I managed to take 100-131 pips off 4 orders
closing them late evening circa 7813.
Now the current 15 min chart appears to be forming a
bull flag. So there may be room for a further run north.
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Hi Arco
Sure did, 2 orders
Been waiting for a bit more of a retrace but don't know If I'll get it
We'll see
cheers
Slam
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Looking like this may do a full retracment to circa 1.8300
Tightend the stops
Cheers
Slam
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Yup Slam, 100% retracement looks to be the real deal
Xerof
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Not sure on this one.
Has touched the 61.6 fib from May to July drop, but if it's a 5 wave 1 last up to go (after 4 finished that is)
If so .8839 target[?] This years down trend line
Anyone else had a thought on it?
slam
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Slam
Theres a Major Gann at 8555 that may hold
northbound progress in the short term.
The downtrend line would fit in nicely
with a Butterfly target area.
Hows the EW principle coming along?
arco
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A little below the Gann at 8555, 8500 was the
high which contained north bound movement.
Looking now for a possible fall towards
8188 before it moves north again.
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12-09-2005, 07:40 PM
#100
Nicely timed call arco[8D]
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