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- 4x_Trader replied Mar 9, 2008
Cable steadily retreated from 2.1158 (26 year high Nov 09 '07), falling to 1.9334 on 22 Jan '08. A choppy 1.9361 to 1.9968 range has followed, the latest dip from the top of this band ideally needs a higher low around 1.9718 to keep alive hopes of a ...
- 4x_Trader replied Feb 18, 2008
Here's my long term perspective makey2u: Cable peaked at 2.1158 (26 year high) on Nov 09 '07, this followed the break of 2.0649,Jul 24 07 top. Sustained losses followed, action being contained in a channel en-route to 1.9334 on Jan 22 '08. The ...
- 4x_Trader replied Feb 16, 2008
week end analysis: cable recover from 1.9334 (year's low 22 Jan) to hit a high at 1.9955 (year's high Jan 30). A retraced to a pipe lows of 1.9386/99/1.9401 on Feb 07 has been followed by a steady recovery reaching a 1.9736 (high feb 14) before ...
- 4x_Trader replied Feb 15, 2008
From my point of view I saw OOzie extended recovery from 0.8510 (low Jan 30) until 0.9016/13 (high of Jan 15/30 respectively) to hit 0.9097/99 (pipe high Feb 04) before falling. Losses extended to .8873 (low Feb 07) ahead of the development of a ...
- 4x_Trader replied Jan 29, 2008
based on my daily chart the gbp/jpy needs to retrace at least 50% (lies @ 216 from a hi of 228.35 (dec 27, '07) & low of 204.63 (jan 23, '08)) but I will liquidate my long pos between 213.70-214.00 because there is a double top formation which is a ...
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