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Allseeingeye replied Apr 12, 2010i would reconsider because your fresh low could complete a 5 wave formation to complete wave 1 so we will be retracing up & your 1.5435 could end up being a 20 pip scalp to complete wave 2 before tanking for wave 3 so be very careful once you enter. ...
Cable Update (GBPUSD)
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Allseeingeye replied Apr 12, 2010if its wave 5 it started at 1.5423 but you are on the right picture. What im looking for is a confirmation that 1.5485 was the top once we get that then I will wait for wave 2 up to complete & then I just keep adding to shorts till the 147 target.
Cable Update (GBPUSD)
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Allseeingeye replied Apr 12, 2010Thats the Ticket to Paradise if it completes 147 is just about Guaranteed
Cable Update (GBPUSD)
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Allseeingeye replied Apr 12, 2010We have a Head & Shoulders on the 15min with a 100 pip target it has retested the neckline at 1.5410 this is just what us Bears are looking for to complete a 5 wave down move hope it pulls through target 1.5313
Cable Update (GBPUSD)
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Allseeingeye replied Apr 12, 2010the one im looking through at all these Forex Crackers
Cable Update (GBPUSD)
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Allseeingeye replied Apr 12, 2010just trying to help not trying to put you down but that is not a wedge its a triangle or penent formation.
Cable Update (GBPUSD)
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Allseeingeye replied Apr 12, 2010The problem with the shorts is the move down came in a 3 wave formation so shorts watch 1.5462 as important resistance if we go above that we could make a fresh high before the drop if you understand price action in Elliot Waves you will understand ...
Cable Update (GBPUSD)
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Allseeingeye replied Apr 12, 2010The problem with the shorts is the move down came in a 3 wave formation so shorts watch 1.5462 as important resistance if we go above that we could make a fresh high before the drop
Cable Update (GBPUSD)
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Allseeingeye replied Apr 12, 20101.4750 should get there that is my wave 5 first target new low and if you want to talk fundamentals the British economy & Banking are in worst shape then everyone so we will start to see BAD NEWS Coming up for the GBP.
Cable Update (GBPUSD)
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Allseeingeye replied Apr 12, 2010you will see RED CANDLES I wouldnt close any shorts thats for sure we are at the top so dont listen to trendlines on 15 min chart that will be broken fast we are in a wave 5 down after completing an ABC Corrective wave.
Cable Update (GBPUSD)
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Allseeingeye replied Apr 11, 2010If you trade the GBP/ANYTHING then you know the GBP ALLWAYS spikes above the fib & TANKS or it never makes it to the Fib watch 69 we might tank down from there
Cable Update (GBPUSD)
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Allseeingeye replied Apr 11, 2010we are in a wave 5 going down but we could see 155 before starting the drop to 148 that is what i see after we had an expanded triangle with a fast breakout usually spells the end, also completed an ABC correction we are pretty much just waiting for ...
Cable Update (GBPUSD)
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Allseeingeye replied Mar 31, 2010Wednesday, March 31, 2010 14:48:58 (UK) PIMCO said that the UK risks a vicious circle of rising debt costs as global investors demand a penalty fee on gilts to protect against inflation - Telegraph's Ambrose Evans- Pritchard - According to Bill ...
Daily GBP/JPY analysis
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Allseeingeye replied Mar 31, 2010Wednesday, March 31, 2010 14:48:58 (UK) PIMCO said that the UK risks a vicious circle of rising debt costs as global investors demand a penalty fee on gilts to protect against inflation - Telegraph's Ambrose Evans- Pritchard - According to Bill ...
Cable Update (GBPUSD)
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Allseeingeye replied Mar 31, 2010Wednesday, March 31, 2010 14:48:58 (UK) PIMCO said that the UK risks a vicious circle of rising debt costs as global investors demand a penalty fee on gilts to protect against inflation - Telegraph's Ambrose Evans- Pritchard - According to Bill ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Allseeingeye replied Mar 31, 2010Mazultav Homer you say it Like it is I see so many Charts with all these Fake zigzag lines PREDICTING where it will go 6 months from now its rediculous



Cable Update (GBPUSD)
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Allseeingeye replied Mar 30, 2010if we break 151.10 we are going to 151.60 so you might want to risk another 11 pips just my thoughts i think 151.60 is the max
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Allseeingeye replied Mar 29, 2010Dean I hate to disapoint you but the 5% of traders that are in profit are the ones that think like that figure it out for yourself but it the FACT!
Auslanco - GBP/JPY and GBP/USD (newstrade)