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- coshbrewer replied Jun 20, 2007
Short at 1.9928 target 1.9864 Monny a mickle macks a muckle
- coshbrewer replied Apr 26, 2007
Yesterday on the hour chart we had a similar situation to that which is happening now - rapid descent to support, 1 hour consolidation then a strong surge north. IF this occurs today it should break the resistance as it's starting from a higher ...
- coshbrewer replied Apr 20, 2007
Seems to have settled at dail pivot point, 200 ema on 5 minute chart, 50 on the hour and doji on the daily with little to stir it in any direction so I'm calling it a day I also begin to sense a change in sentiment, european governments grumbling ...
- coshbrewer replied Apr 20, 2007
Yes 200 useful on all time frames even 1 minute chart where it gives indication of shortterm resistance/support
- coshbrewer replied Apr 20, 2007
Sorry don't know how to post charts but if you look back through the thread around the time of our last posts someone had put a perfect example of what I was talking about with an arrow on it pointing North monny a mickle macks a muckle
- coshbrewer replied Apr 20, 2007
It Will drop but if it's above 200 ema on 5 minute chart at time of announcement only as far as the 200 then still continue north but not as fast But remember inflation in UK at record levels [recent history only] wage inflation higherthan expected ...
- coshbrewer replied Apr 20, 2007
He may be knocking but he can't come in!! Hi,sorry not to reply sooner but it was so slow yesterday I went gardening. The double bottom was a bit premature but the trend line held and it's been creeping up it all night. My prediction was based on ...
- coshbrewer replied Apr 19, 2007
gbp — Has made a double bottom and close to trend line - should at least make double top today and maybe could get to 2.0200. However I've been wrong before!! so trade what you see monny a mickle macks a muckle
- coshbrewer replied Apr 18, 2007
U.K. Retail sales — According to Oanda calendar U.K. retail sales are due for release 0930 [B.s.t.] tomorrow [Thursday] not Friday!! if so the charts make sense - pausing before drifting upwards tomorrow before another run North. Wages and ...
- coshbrewer replied Feb 26, 2007
I was 24 hours early but kept the faith - shaping to go up tomorrow provided euro 7am news is ok wil probably continue up at least early part of Wed too 1.9720 tomorrow 1.98 by wed is my target
- coshbrewer replied Feb 26, 2007
Long now - target 1.9720 Monny a mickle macks a muckle
- coshbrewer replied Feb 23, 2007
It's at henrycarol's 1.9555 - spooky looks like down to me Monny a mickle macks a muckle
- coshbrewer replied Feb 23, 2007
I think false break out going into reverse as euro stregthens against £ monny a mickle macks a muckle
- coshbrewer replied Feb 22, 2007
Yes - the saucer shape often precedes a steeper retracement, this one has held up at the 23.8 but is that because it is going to go up in the morning or has lack of volume slowed it? tomorrow will tell Monnya mickle macks a muckle
- coshbrewer replied Feb 22, 2007
shape of the retracement suggests a steep drop - not the usual drift back to23.8 of a trending market so Henry carol may be right - see if we get another doji onthe daily chart today if we do go with henry. Monny a mickle macks a muckle
- coshbrewer replied Feb 22, 2007
catch this slight retrace 'cos it's going down Monny a mickle macks a muckle
- coshbrewer replied Feb 20, 2007
either way — all the charts appear to be positioned for movement either way, don'tget into the mindset that you know which way this is going to go 'cos you don't!! Beware false breakouts. Monny a mickle macks a muckle
- coshbrewer replied Feb 16, 2007
My vote is a "qualified" A - No news of any significance on Monday except very early [just after midnight GMT] mortgage lending info - UKmarket still strong so may be a little boost for sterling. On Tuesday quite a bit of UK mortgage and lending ...
- coshbrewer replied Feb 15, 2007
Support held at 9522 - All the retracement in £ has been mirrored in the rise in eur/gbp whilst euro/dollar has marked time. [maybe gathering strength to break through down trend line from Dec. high] If euro/dollar starts to rise tomorrow and breaks ...
- coshbrewer replied Feb 13, 2007
For what it's worth, British commentators in the weekend papers reported that the BOE inflation report due out tomorrow would indicate that inflation was abating thus lessening the need for increased interest rates - that was confirmed by today's ...