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  #9061 (permalink)  
Old 06-29-2009, 06:26 PM
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Support Resistance Levels GBP 30 June 2009

1,6607 - 1,664 - 1,6678 - 1,6711 - 1,675

1,6535

1,6504 - 1,646 - 1,6419 - 1,6402 - 1,6348

support resistance

.
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  #9062 (permalink)  
Old 06-29-2009, 06:46 PM
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4 week forex challenge is back

Folks

It has been a while since i posted , good to be back.

I have been away on a long vacation . Started regular updates this week.
How are you guys doing. GBP/usd is constrained. I expect a push higher before finally breaking down . This weeks job numbers and GDP out of UK will be the catalysts. I would be sending signals as usual

V
Four Week Forex Challenge
Make profits but know how to keep them
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  #9063 (permalink)  
Old 06-29-2009, 08:13 PM
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gbpusd is moving to the 4 high due about midnight to 2am or so New York time.
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  #9064 (permalink)  
Old 06-30-2009, 03:53 AM
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Smile GBP/USD

hi can anyone tell how low 5 will go

thanks
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  #9065 (permalink)  
Old 06-30-2009, 07:24 AM
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Thumbs up GBP/USD

Cables sharp run-up to $1.6744 was quickly reversed partly due to bigger than expected revision in Q1 GDP decline. If cable closes between $1.6550s and $1.6580 then a shooting star candle would be validated, suggesting a retreat into Thurs and Fri towards $1.6470 and 1.6380
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  #9066 (permalink)  
Old 06-30-2009, 10:15 AM
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Red face #5 soon but how soon

Quote:
Originally Posted by 4xis2ez View Post
gbpusd is moving to the 4 high due about midnight to 2am or so New York time.
hey..#5 shd be due soon right?

...panda eyes
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  #9067 (permalink)  
Old 06-30-2009, 10:15 AM
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herman sucipto is an unknown quantity at this point
support resistance levels



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Don't try indicators at home

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  #9068 (permalink)  
Old 06-30-2009, 10:32 AM
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Quote:
Originally Posted by Panda Eyes View Post
hey..#5 shd be due soon right?

...panda eyes
Yea, 5 low should be about right now. But the market has started a strong down trend. I am going to avoid going long and wait for the 6 high to short.
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  #9069 (permalink)  
Old 06-30-2009, 11:26 AM
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Smile the new trader

hi everybody.i just joint the demo fxcm last 2 weeks.i hope i can start joint the real account for next week.i really enjoy reading all about forex.
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  #9070 (permalink)  
Old 06-30-2009, 11:29 AM
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yes#5 & coming #6

Quote:
Originally Posted by 4xis2ez View Post
Yea, 5 low should be about right now. But the market has started a strong down trend. I am going to avoid going long and wait for the 6 high to short.
i totally agreed!
tks so much
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  #9071 (permalink)  
Old 06-30-2009, 12:08 PM
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Smile buy

hi panda
can u predict how high 6 will go ?
thanks
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  #9072 (permalink)  
Old 06-30-2009, 12:41 PM
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better keep the mouth but working as well

lets make nice profit there
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  #9073 (permalink)  
Old 06-30-2009, 12:45 PM
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Thumbs up Sell GBP

SHOOTING STAR IN DAILY CABLE, each time we saw these, cable fell the next day.
Cable extends sell-off beyond our $1.6470 target to $1.6420s, suggesting $1.6375-80 as next goal
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  #9074 (permalink)  
Old 06-30-2009, 12:48 PM
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Red face no prediction

Quote:
Originally Posted by sean81 View Post
hi panda
can u predict how high 6 will go ?
thanks
sorry hv learnt not to do prediction.
4x time chart is gd for guide on turn points ard what period.
not meant to tell how high or how low pair can go at certain time period.

take care..panda eyes

p.s but i agreed if its to go down, then the pair shd keep below 16470 (1st resist) & 16550 (max)
by #6 time frame

Last edited by Panda Eyes; 06-30-2009 at 12:51 PM..
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  #9075 (permalink)  
Old 06-30-2009, 01:36 PM
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Break down should come soon. I'm already short at 6453.
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