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ammal07 replied May 5, 2009i hope we can start count retracement now, if this tings go beyond 100%, major retracement might happen...
Cable Update (GBPUSD)
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ammal07 replied May 5, 2009I think the reason why GU is shooting up now is to create double top at level 1.5060/5, after this probably free fall down...
Cable Update (GBPUSD)
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ammal07 replied May 4, 2009it seem that its time to go down now,see also at top there the weekly top TL might be rejecting GJ from further going up...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ammal07 replied May 4, 2009high point for this bull session is 1.5043, creating new LH,it start retrace down already,if can retrace down to 61.8, its enough to break the bottom TL,reversal might be possible, see also the weekly top TL is up there,might be rejecting GU from ...
Cable Update (GBPUSD)
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ammal07 replied May 4, 2009yes...finally it come to 1.5009,and touch 1h resistant line,now i add one more sell.. for the next 12hours I think bear will take over the market...
Cable Update (GBPUSD)
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ammal07 replied May 4, 2009I think it safe to sell, my 4h indi has show retracement mode,
Cable Update (GBPUSD)
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ammal07 replied May 4, 2009I hope it will reach 1.500 first, than only retrace down...
Cable Update (GBPUSD)
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ammal07 replied May 4, 200910:00pm USD Pending Home Sales m/m image 0.1% 2.1% what i understand is, if forecast less than previous,and if it true, than usd value will drop,than GU should going up..
Cable Update (GBPUSD)
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ammal07 replied May 4, 2009its touched 61.8 already, i think time to go up now..
Cable Update (GBPUSD)
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ammal07 replied May 4, 2009there is small support at 1.4865 area, i think it will bounce back up..
Cable Update (GBPUSD)
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ammal07 replied May 4, 2009has touched 4h support line, it can be turn back up, or continue down...
Cable Update (GBPUSD)
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ammal07 replied May 4, 2009already retrace to 1.4891, i hope it only minor retracement, just to make HL on tf m30
Cable Update (GBPUSD)
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ammal07 replied May 4, 2009firstly it should test prev high 1.5065, if this level can be achieved, should be no problem to go next prev high 1.5370, than only start to go down,cause the weekly top trend line is somewhere there.
Cable Update (GBPUSD)
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ammal07 replied May 3, 2009Japan bank on holiday for 3 days, I think this will make yen weaker,so gbpjpy should shoot up
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ammal07 replied May 3, 2009may be going up to 151.50 make double top, than going down ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ammal07 replied May 3, 2009I think ,there are two level of prev high that cable need to achieved before it start going down..
Cable Update (GBPUSD)
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ammal07 replied Apr 28, 2009usually after 11pm malaysia time, where only NY center open, GU n GJ start going down..
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ammal07 replied Apr 28, 2009closed all my post, wait till NY open then continue trade....
Auslanco - GBP/JPY and GBP/USD (newstrade)
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ammal07 replied Apr 28, 2009what pair are you referring to,GJ is now around 139.95 already
Auslanco - GBP/JPY and GBP/USD (newstrade)