- Search Metals Mine
- albertotralzt replied Jan 30, 2008
Based on my system, as most of us say
I think 1.9950 is a good resistance level, so there must be a retracement since the up trend had start in 1.9330. For me, a retracement to the 38% of this movement is probable to get hit. And then up again ...Cable Update (GBPUSD)
- albertotralzt replied Jan 30, 2008
IMHO, a retracement to the 1.9700 area is in play, then up to 2.0300 area. Regards
Cable Update (GBPUSD)
- albertotralzt replied Jan 22, 2008
Hi everybody, QS, what is the drop base on ?
Cable Update (GBPUSD)
- albertotralzt replied Jan 18, 2008
I think there have to be a retracement into the 50% - 62% area of the last move down (1.9721-1.9562) and then down to 1.9520 area at least. If it brake that area I have a proyection of 1.9330 area
Cable Update (GBPUSD)
- albertotralzt replied Jan 18, 2008
thx
, IMO 1.9623 need to be touched before resume down moveCable Update (GBPUSD)
- albertotralzt replied Jan 18, 2008
Hi everybody, my analysis tell me that if 1.9520 area donīt hold 1.9350 will be seen
Cable Update (GBPUSD)
- albertotralzt replied Jan 17, 2008
IMO, if 1.9700 area can hold next rally is to 1.9840. will see tomorrow.
Cable Update (GBPUSD)
- albertotralzt replied Jan 17, 2008
so, to you is not easy to close the week over 1.9750?
Cable Update (GBPUSD)
- albertotralzt replied Jan 17, 2008
retracements exist, we have to live with them

Cable Update (GBPUSD)
- albertotralzt replied Jan 17, 2008
IMO, assumption is the first step in trading, then you must analize how probable this assumption is, and then check it with price action. If any of these steps are eluded, you are gambling. Of course anyone can have mistakes, that is the stop for.
Cable Update (GBPUSD)
- albertotralzt replied Jan 17, 2008
for me is a retracement cuz it passed 1.9740
Cable Update (GBPUSD)
- albertotralzt replied Jan 17, 2008
of course UP, my target is 1.9840, as I said yesterday
Cable Update (GBPUSD)
- albertotralzt replied Jan 17, 2008
I think a retracement from 1.9770 to 1.9700 is coming
Cable Update (GBPUSD)
- albertotralzt replied Jan 16, 2008
I think 1.9640 is the end of the retracement, then up, up, up
Cable Update (GBPUSD)