Im not saying its not bullish those in that attended last weeks webinar know it will go higher than 239.00. My question that Im posing is what makes you think it's bullish and will continue to go higher....
Originally Posted by ;
Im not saying its not bullish those in that attended last weeks webinar know it will go higher than 239.00. My question that Im posing is what makes you think it's bullish and will continue to go higher....
Originally Posted by ;
Actually you have done good job. . .keep it up..we are here always awaiting the next signal/prediction. . .thanks
GBP/USD - Daily Chart
This is the chart that I said I would post.
You may see here the potency of the median price at 1.9589.
Daily Chart
1st Setup:
1.9429 on 12/18/06 was the very first low following the high at 1.9846 on 12/1/06.
Price went up to a high in 1.9748 on 12/20/06 and 1.9750 on 1/3/07
(double top)
1.9859 minus 160 pips = 1.9429
1.9589 plus 160 pips = 1.9749
2nd Setup:
1.9264 on 1/5/07 low and 1.9262 on 1/8/07 (double bottom)
Price went up to a high in 1.9914/155 on 1/23/07 (two diff. Charts)
1.9589 minus 325 pips = 1.9264 327 pips = 1.9262
1.9589 plus 325 pips = 1.9914 327 pips = 1.9916
3rd Setup:
1.9399 on 2/13/07 non
1.9589 minus 1.9399 = 190 pips
This require us into the present - price at market available 1.9634.
Require the median 1.9589 and include 190 pips = 1.9779
I'm anticipating a retrace to check 1.9589 before the up move to 1.9779 place this week.
After price reaches 1.9779, we should visit it settle back in 1.9735/47 place.
With that point I will reevaluate the following move.
If you were to add up all three installments 160 325 190 = 675 divided by 3 = 225.
225 1.9589 = 1.9814 (possible extension on the up move, coincides with several other chart analysis on top and it's relevent to 1.9846 on 12/1/06 (left shoulder).
Let me know what you believe,
Ken
Hello all.... Yen crosses have traded as discussed in last weekend webinar...
Today early signal has been generated...
Time to buy gbpjpy in 232.95 SL 231.00 TP 240's
following up day on gbpjpy stop will be moved into profit....
Everything discussed about cable remains the Exact Same buy area 9570's-9540's
I can be reached through Yahoo IM beneath Fix1fourme
Everybody that met with us sunday, what's in motion today and working as planned.... Sit back now and wait to TP on cable 4 tide has been finished 5 is going up today....
Monarch hey our entry eventually got hit GBP/JPY that the 25 area slipped marginally but things seem to be fine today. Still learning how this pair behaves it likes 85 to 100 percent fib about the B and two waves obtained ta keep this in my Minds Eye... Recall the TP area we talked about remainder of week should be up....
Previous post from yesterday is a VERY GOOD EXAMPLE of why I put in my trades at the end of the afternoon.... Especially with this pair you will get burnt everytime.