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Thread: EUR.GBP

  1. #21
    Senior Member slam's Avatar
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    cheers arco

    more work to be done on the old EW, [:I]
    still, keeps me thinking

    slam

  2. #22
    action-reaction arco's Avatar
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    Looks very over done now and possible
    Gann support at 6622

    Current position short from 6881 = +236

    Time to tighten the stop me thinks






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  3. #23
    Senior Member slam's Avatar
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    quote:Originally posted by arco


    Looks very over done now and possible
    Gann support at 6622
    ...........

    And the bottom was .6628
    arco 6 pips out, what's going on
    good call

    Cheers
    slam


  4. #24
    action-reaction arco's Avatar
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    Hi Slam

    6625 was the low on my EOD charts from Reuters -
    anyway, my apologies for the slight discrepancy

    I promise to try harder next time....[B)] LOL









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  5. #25
    Senior Member slam's Avatar
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    Printed a nice 5 on the hourly chart and looks like b just completling on the corective.
    Looking for a long entry after c
    anyone else agree?

    Cheers
    Slam

  6. #26
    Guru Xerof's Avatar
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    Hmmm, looking at daily, I'd personally be a seller at 6800, being 61.8 retracement level of move down from 6900 area to low 66's, but with a tight stop.

    Still think we have a lagging effect in sell-off in EURO.

    But I don't profess to be an expert on this cross (or any others for that matter!)

  7. #27
    Senior Member slam's Avatar
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    See what you mean on the daily Xerof
    The 5 I mentioned on the Hourly would be A on the Daily
    The 3 would be B and if C stays in the channel .6850 would be the top.
    So a long at C on Daily would be a quick one, and in Hindsight probably best to wait for the next 5 down to start

    Thanks Xerof, good to have someone make you look at the bigger picture.
    I have a habit of getting the charts down to a small time frame and forget the main objective.

    Cheers
    Slam

  8. #28
    action-reaction arco's Avatar
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    Major Gann at 6836. (Minor 6805).



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  9. #29
    Guru Xerof's Avatar
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    I salute you Colonel

  10. #30
    Senior Member slam's Avatar
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    This might be what we're looking for
    Hourly chart


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