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pearsonfx replied Apr 9, 2008Market Outlook April 9, 2008 — Hello Everyone, GBP/USD Will be weak tonight. Long to 1.9794 or 1.9841 Please make sure that you exit these trades before the close of the next two 4 hour candles. This means with or without loss at 12 AM EST. I ...
PearsonFX Trades
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pearsonfx replied Apr 9, 2008Morse....I think I see the problem now..... You need to understand what exactly price patterns look like....the only way is for you to do a little research on your own. I drew the patterns pretty clearly, the only thing I didn't draw was a line ...
PearsonFX Trades
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pearsonfx replied Apr 9, 2008Difficult to assess by looking at just Eur/Gbp....But I have Euro coming down....which should drop it a little bit...but GBP is gonna be weak probably most of today...so I am seeing probably ranging for a bit...this pair moves slow...of course each ...
PearsonFX Trades
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pearsonfx replied Apr 9, 2008Hey Mike, Just thought I would drop by for a bit...I know you trade price action patterns, and patterns. I read earlier that you are short until 192 area....I agree with the analysis, but I think it may be delayed a little bit. U/J is in a flag ...
MW's trading journal
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pearsonfx replied Apr 9, 2008Medium Term Outlooks — Hey all..... Gonna be a low key night for me but I will be posting some charts with what I see and you can compare it to what you have.... Here is the first one for USD/JPY....keep in mind everyone that these are 4 hour ...
PearsonFX Trades
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pearsonfx replied Apr 8, 2008Its possible...I dont have a clear direction on G/J yet....I am turning my bias to the bulls....but I can't give a clear direction until I see just how weak GBP is right now....ultimately yes it will go back up....but I don't know if it will go ...
PearsonFX Trades
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pearsonfx replied Apr 8, 2008Morpheus this was all part of the drop i was predicting since last week....just because it was ranging for a little doesn't make the drop invalid.....although there is still room on the downside its looking better for the bulls though....we're about ...
PearsonFX Trades
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pearsonfx replied Apr 8, 2008Hope you all entered...could have gotten 201.50 50 pips better than me....so far for the partial hedge or long... Im going to let these trades ride out....see you in a few hours when these trades should start moving Zack
PearsonFX Trades
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pearsonfx replied Apr 8, 2008GBP/JPY — Also if you guys took profit on the partial hedge from earlier great.... I am adding another partial hedge at 202.00...the target for this hedge is between 202.50 and 203.00 U/J is looking good for a long trade as well. Zack
PearsonFX Trades
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pearsonfx replied Apr 8, 2008Good morning all.... I am short on Eur/Gbp at .7960 Target is .7900 or .7850 if you want to wait longer... This pair moves slowly, but I think its a good exercise for everyone so they are not always rushing for pips....this is pretty much the all ...
PearsonFX Trades
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pearsonfx replied Apr 7, 2008Morse I have Shorts on G/J....I am partially hedged at 203.50. I was long on NZD and AUD longterm but I am getting heavy signals for sells on both of them....I am now SHORT on them...it looks like .8950 area will offer another buying ...
PearsonFX Trades
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pearsonfx replied Apr 7, 2008Those are trade opportunities....I did not enter all of those trades...I really only entered the G/J and Eur/usd trades on that list.... However, if by chance you did enter LONG on Eur.Aud it should come into profit tonight or tomorrow...if I see ...
PearsonFX Trades
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pearsonfx replied Apr 7, 2008I was never LONG on Eur/aud....this was a SHORT trade with a target of 1.7100 or 1.7000 depending on how long you want to hold it....if you wanted to go long on eur/aud that time would be now as aud is setting up for sells I don't use gaps as an ...
PearsonFX Trades
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pearsonfx replied Apr 7, 2008hmmm I have a partial hedge on G/J this means cover a portion of your sells. I am also SHORT on AUD/USD and NZD/USD use a 30-50 pip target from entry just to be on the safe side. Should rally more than that but why be greedy? Zack
PearsonFX Trades
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pearsonfx replied Apr 6, 2008201-201.50 when it gets close to these levels I will re-evaluate to as whether it will continue the correction or the trend Zack
PearsonFX Trades
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pearsonfx replied Apr 6, 2008GBP/JPY Fibs — Good Morning, Afternoon, Evening to all... Questions regarding where in the world I cam up with that 204.22 number....here is a 15 minute look at it..... Enjoy! Zack
PearsonFX Trades
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pearsonfx replied Apr 6, 2008Hey all I am shorting now, and closing the hedge trade that I had if you had one... remember top for my sells is off of 204.22 but like I said, if it doesn't make it there do not be surprised.... 203.50 was a good resistance and it might be enough ...
PearsonFX Trades