sold euro, as it hit forecasted day high and sold some GBP, since USD generally is rebounding right now, I expect GBP and EUR to dive 100+ soon.

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I think it's a great idea to be short until at least 6350.

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GBP USD Wednesday High/Low NN forecast: 1.6564 1.6353 EUR USD Tueday High/Low NN forecast: 1.4475 1.4276 (revised)

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ok, today High/Low forecasts were pretty much off the target, although I did in fact short EUR USD, however I did that because of TA confluence - PA was rejected @ touch of TL and weekly R1, so that was the deal here, however the system did forecast ...

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GBP USD Tueday High/Low NN forecast: 1.6491 1.6335 Looks like a short to me, but will wait for LBO still. EUR USD Tueday High/Low NN forecast: 1.4480 1.4229

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GBP CAD looks solid as well, just check out H4 long wicked candles.

Cable Update (GBPUSD)

GBP CAD is very close to expiring. H4 chart shows that PA met very strong resistance, now zooming in you can see very long wicked and short body red candles indicating a bear take over and this means that this thing is going down and very soon as ...

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Also lets consider this GBP CHF H4 chart. PA met strong resistance @ MP. Long wicked candles indicate MP rejection. TL also broke to the downside. I'd look to initiate shorts, however SL needs to be monitored closely and there are zones of ...

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I think it's worthwhile to post this setup on EJ H1, I've placed green lines to represent safe entries. I would like PA to confirm strong resistance area, represented by red rectangle on Monday, and will look for safe entries upon breach of green ...

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GBP CHF for sure got awesome downside potential, with a clean reversal @ MP confirmed with 2 H4 long wicked candles and TL break I'd say 2700 will be reached very soon and then 2nd target of 2400 prolly sometime this or next week. image

Cable Update (GBPUSD)

Monday EU H1 chart with PA forecast. we are very likely to try for previous Friday high and then reverse to 4200 area. The NN forecast for high/low on Monday 22/08/2011 is as follows: HIGH IS 1.4450 LOW IS 1.4254 image

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The markets definately can take a toll on GU in coming weeks, FTSE edging lower won't be of much help for GU.

Cable Update (GBPUSD)

Also as seen on GBPI H4, PA met resistance @ TL and S/R zone and the confluence produced a strong reaction. image

Cable Update (GBPUSD)

A better explanation of the recent rally and it coming to a halt are the CALL options levels, clearly 6600 was an area of very heavy call interest, the level was hit and options met strike price before expiry, which is actually today. Now that ...

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Fish, for sure, insider knowledge is good, still the deal is that bank traders don't trade their own money, and they use very different SL/TPs compared to us, mear mortals. So just gotta be careful with that anyway. A better explanation of the ...

Cable Update (GBPUSD)

Sounds cool, but you do realize that BB actually repaints? That kinda deal ended my journey with indicators ages ago.

Cable Update (GBPUSD)

Very nice result for sure!

Cable Update (GBPUSD)

Hi guys, how is it going? The way I see it, due to seasonal strength in gold, a new high will be printed very soon in september. There will be room time-wise to get in long upon a retrace to 1780-1800 area for a target of 1940-1960, which is ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Also here's is a Monday 22/08/2011 Neural Net forecasted high/low. let's see how that works. The way I trade it is to look for trade setups during London session only, so if we reach 6546 I'd look to go short and set TP @ 6366 and vice versa if ...

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Long time no update, I was busy running an oil company for a change. Right now got more spare time, so will do updates now and again. Here's the GU D1 chart with pattern scan / cycle analysis. The R/R is shifting to the downside. Reversal stick ...

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