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  #5791 (permalink)  
Old 02-09-2010, 10:41 AM
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Originally Posted by Dunker View Post
Hi,

I am trying to understand this theory, are we headed to 140.95 as wave iv, then going lower to the 139 area, or has wave iv been hit and we are headed down now?

Thanks
Hard to say dunker, we fell short of the 38.2 fib level, but did go into the previous 4ave 4 level... and as we know this currency does what it wants to do, weather we like it or not!!! hahahha. time will tell, and this last spike, might be the last move unfolding now, we will have to see... mike
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  #5792 (permalink)  
Old 02-09-2010, 10:42 AM
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Originally Posted by FLFOREX View Post
Hard to say dunker, we fell short of the 38.2 fib level, but did go into the previous 4ave 4 level... and as we know this currency does what it wants to do, weather we like it or not!!! hahahha. time will tell, and this last spike, might be the last move unfolding now, we will have to see... mike
Thanks, what a spike it is to, check out eur/usd
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  #5793 (permalink)  
Old 02-09-2010, 10:43 AM
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GBP CHART
THE LAST ONE IS BULLISH
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  #5794 (permalink)  
Old 02-09-2010, 10:46 AM
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NEW GBP-JPY CHART
SEE THIS CHART
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  #5795 (permalink)  
Old 02-09-2010, 10:48 AM
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CHART GBP-JPY
CHART GBP-JPY
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  #5796 (permalink)  
Old 02-09-2010, 11:20 AM
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CHART GBP-JPY
Wow, spot on so far, I just made a pile of PIPS, So this run should go to 141.40 roughly then back down correct,
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  #5797 (permalink)  
Old 02-09-2010, 11:22 AM
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CHART GBP-JPY

Any reason for the recent Bullish-ness people?

Cant believe how quickly this has gained 140 pips. Was thinking of re-shorting 141.20 but not so sure now. The 2 hourly engulfing candles are very bullish (and looking genuine so far)
The MA crossover is saying 'short term UP trend'.


ADD 15MIN CANDLE SHOWING WEAKNESS. SHORT 140.92. STOP 141.60. TARGET 139.65
Last edited by skydiver; 02-09-2010 at 11:28 AM..
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  #5798 (permalink)  
Old 02-09-2010, 12:17 PM
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Originally Posted by skydiver View Post
Any reason for the recent Bullish-ness people?

Cant believe how quickly this has gained 140 pips. Was thinking of re-shorting 141.20 but not so sure now. The 2 hourly engulfing candles are very bullish (and looking genuine so far)
The MA crossover is saying 'short term UP trend'.


ADD 15MIN CANDLE SHOWING WEAKNESS. SHORT 140.92. STOP 141.60. TARGET 139.65
Greece bailout talks is causing all European currencies to rocket....just giving hopes of EU recovery. Last few days of steep crash was totally attributed to fear and concern over EU debt balloon...

It would be probably be a bad idea to go short at this time....this will rocket for a while....
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  #5799 (permalink)  
Old 02-09-2010, 12:28 PM
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GBP-JPY CHART
NOW GBP-JPY DOWN
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  #5800 (permalink)  
Old 02-09-2010, 01:10 PM
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Greece bailout talks is causing all European currencies to rocket....just giving hopes of EU recovery. Last few days of steep crash was totally attributed to fear and concern over EU debt balloon...

It would be probably be a bad idea to go short at this time....this will rocket for a while....
Thanks. Fundementals are still bad so im going to stick with this short.
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  #5801 (permalink)  
Old 02-09-2010, 03:17 PM
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GBP DAILY CHART
NEXT TARGET OF GBP.JPY DAILY FRAME
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  #5802 (permalink)  
Old 02-09-2010, 04:10 PM
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Hey Wan whats up, missing your info here. Personally think this will reverse to the .618 area from the last move down which would put us at 142.58 or so.
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  #5803 (permalink)  
Old 02-09-2010, 06:37 PM
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I just shorted at 141.40 with s/l at 141.80

I will go long if 141.70 is broken.

this is very risky volatility and i strongly advise ppl not to go short if you dnt wanna risk.
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  #5804 (permalink)  
Old 02-09-2010, 06:58 PM
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there is going to be way too much news over the next day or so to be able to trade any technicals. I am scared and don't wanna risk. This morning was a surprise.....expect similar....
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  #5805 (permalink)  
Old 02-09-2010, 08:53 PM
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I just shorted at 141.40 with s/l at 141.80

I will go long if 141.70 is broken.

this is very risky volatility and i strongly advise ppl not to go short if you dnt wanna risk.
made sweet 70 pips profit. im out of shorts,

now im long at 140.70 to target 141.40 and then 143.10

this is pure scalping people. no long term bullishness. i will short again at london open.
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