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- Alfista replied Feb 20, 2008
short myself as well... 108 is very dangerous. Will observe the market closely.
- Alfista replied Feb 20, 2008
I am expecting a further fall t0 107.23 at least. Lets see if monthly support will hold.
- Alfista replied Feb 20, 2008
came as low as 1.9433 and might go a few pips lower... Very tricky level now. I closed my shorts and observing the market. As we hit a major support. However supports and resistances are meant to be broken.
- Alfista replied Feb 20, 2008
agreed
- Alfista replied Feb 20, 2008
i still favor bulls. However i need a nice 5 - 15 minute setup to enter long. So far many supports are holding. US data will be very important today.
- Alfista replied Feb 20, 2008
so far the graphs tell me bearish until 1.9430 where there will be a good support line. maybe than the pair might be bullish but 1.9430 should be touched before cable decides its movement.
- Alfista replied Jan 7, 2008
be careful at 1.9700 support... only a fall in gbpjpy can bring the cable down today in my opinion. a fall in the yen pairs is likely after usdjpy retraced back and ready to fall... though i am still out of the market. I only have a small lot order ...
- Alfista replied Jan 7, 2008
its not a good idea to go long at this moment. 1.4685 is broken and that is nasty. wont go short right now cause 15 m charts are oversold.
- Alfista replied Jan 7, 2008
the lower timeframes might soon turn bullish. however so far this only a retracment. Staying out of the market for now.
- Alfista replied Jan 6, 2008
i smell a small retrace to 109.65 levels... though short and medium term we are still in downtrend... Just not sure to go short right away.
- Alfista replied Jan 6, 2008
1.9700 is a very tough support.. Not shorting before my 4h closes below it... check my charts in my site guys and see how dangerous it is to short now.. Though we still have a good shortterm downtrend. I am lazy to post the graphs here.. too much ...
- Alfista replied Jan 6, 2008
i am sure we will see 1.50 but not this week. A retrace is due in my opinion but i am not taking a short position yet. not comfortable going long today.
- Alfista replied Jan 4, 2008
not safe to go short in my opinion only a 4h close below 119.00 can change my idea... will not go long as well since there is no bullish setup
- Alfista replied Jan 4, 2008
i still favor shorts but guys be careful.. there are some very nasty long term supports on the way.
- Alfista replied Jan 3, 2008
short since 1.9783 anyone aiming as far as 1.9700-1.9710 ? 1.9755 is also a nice take out point... i am confident we should meet 1.9755 at least.
- Alfista replied Jan 3, 2008
1.9700 is an incredibly important support... Shorts be careful.. though i believe in a retrace, there is no way i am taking a long position either. best to wait for a better short position indicator. however 1.9780 is a good but a risky place to go ...
- Alfista replied Jan 3, 2008
1.4765 was obvious when the pair started a bullish momentum... It is the london resistance for the day. I can not see it being broken before the American session though. I got out of my long at 1.4765 and waiting to enter again at a better signal.
- Alfista replied Jan 3, 2008
1.4686 should hold. if not 1.4668 and than 1.4647
- Alfista replied Jan 3, 2008
i am still a bull's man for this pair. 1.4705 which is the London Session Pivot is important. I am not ruling out a swing trade today as well since the market might be waiting for tomorrow's data after a speedy Monday and Wednesday.
- Alfista replied Jan 2, 2008
perhaps mid march or late february is when dollar gets full strength... this will be a dollar year all over the board. But for now we should see eurusd hitting 1.50 and dow jones to set higher records and than fall down sharp so the U.S. dollar will ...