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  • #1,081
  • Apr 8, 2010 2:35am Apr 8, 2010 2:35am
5142 was tested 3 times already

how long do i need to wait ??

if it does not break this level then it might bounce to the topside, but if it breaks then it will go down

well that is simple logic, it has to do one of the above

http://img69.imageshack.us/img69/1043/cable.gif
  • #1,082
  • Apr 8, 2010 3:24am Apr 8, 2010 3:24am
Love it when I get confirmation from a fellow trader, FXL. 1.5380 is the Money Line and I got long term target on the chart there also. Just preliminary though, want to feel the news and awaiting the bank rate. Nothing tells the story quite like the Tweezers on the Daily especially after the Weekly Tweezers a couple of weeks ago. These type of long term formations don't come around every day.

Jim

Quoting forexlion
well actually a crash to 4364 is on the cards, just needs to be seen, how much it gets delayed before the doomsday.
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  • #1,083
  • Apr 8, 2010 3:26am Apr 8, 2010 3:26am
We will have a stall here at the Daily Pivot Point so be patient. Looking for a break above and a test on top and I will be adding lots. By the way, I sold the AUD/JPY also.

Jim
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  • #1,084
  • Apr 8, 2010 4:50am Apr 8, 2010 4:50am
I think next level in g/j will be 140.61 for downside what do you think forex lion
  • #1,085
  • Apr 8, 2010 5:33am Apr 8, 2010 5:33am
Unemployment Claims
http://cdn.forexfactory.com/images/m...etail_star.gif (http://www.forexfactory.com/?) http://cdn.forexfactory.com/images/misc/progress.gif460Khttp://cdn.forexfactory.com/images/m...ol_refresh.gif (http://www.forexfactory.com/ajax_actual.php?eventid=28883) 434K439K


Bad news for the home team. Look for that 1.5400 sometime today.

Jim
  • #1,086
  • Apr 8, 2010 6:19am Apr 8, 2010 6:19am
indian guru? why does it matter that you're an indian trading fx?
  • #1,087
  • Apr 8, 2010 7:33am Apr 8, 2010 7:33am
Posse has formed, circle the wagons, 1.5400 here we come and well positioned for it I might add.

Jim

Quoting Nene
My estimation, this thing could break out top side anytime.

Jim
  • #1,088
  • Apr 8, 2010 7:45am Apr 8, 2010 7:45am
Quoting cloggie
Lion, as you are starting a new cable thread, can you setup a permission threshold to keep the muppets out? I will gladly participate if I don't constanly have to weed out the rubbish. Oh and yes, H4 shows me we are set for a retrace. Been short since 525
have no worries mate, anyone posting a non trading content will end up on my ignore list and hence automatically banned on the thread

i intend to keep it to serious forex analysis only.
  • #1,089
  • Apr 8, 2010 7:50am Apr 8, 2010 7:50am
despite the elongated tails on 4 hour, i am still not convinced that i should buy into this

i will prefer to wait on the sidelines and see how the next candle forms first

http://img522.imageshack.us/img522/1043/cable.gif
  • #1,090
  • Apr 8, 2010 1:12pm Apr 8, 2010 1:12pm
if 52814 holds we might revisit 5195 just to say hello

http://img101.imageshack.us/img101/1913/cablea.gif
  • #1,091
  • Apr 8, 2010 9:13pm Apr 8, 2010 9:13pm
Quoting forexlion
if 52814 holds we might revisit 5195 just to say hello

http://img101.imageshack.us/img101/1913/cablea.gif
Okay Mr. 5195 lets say hello to you once more

This is total nuts, cable is stuck in a tight range a typical 500 pip breakout condition

http://img2.imageshack.us/img2/1913/cablez.gif
  • #1,092
  • Apr 8, 2010 10:08pm Apr 8, 2010 10:08pm
BIG BANG coming soon

question is when

the way cable is stuck @ 5282 no guessing from where

5380 is the top indeed if it gets there

http://img210.imageshack.us/img210/1043/cable.gif
  • #1,093
  • Apr 8, 2010 10:11pm Apr 8, 2010 10:11pm
Personally,

This is how I see it....
We will visit 5250 to clear long stops and then 5320.
After this 5320 to 5290 till NY
After this 5285 to 5350-70

Lets see how it plans out

Have a good Day

GeppyG
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Let Price determine your future!
  • #1,094
  • Apr 8, 2010 10:28pm Apr 8, 2010 10:28pm
Quoting Geppyg
Personally,

This is how I see it....
We will visit 5250 to clear long stops and then 5320.
After this 5320 to 5290 till NY
After this 5285 to 5350-70

Lets see how it plans out

Have a good Day

GeppyG
Great idea, lets see how it goes.

Nice to see you on board INS ForexLion
  • #1,095
  • Edited Apr 9, 2010 12:05am Apr 8, 2010 10:37pm | Edited Apr 9, 2010 12:05am
Buy Euro @ 1.3385 TP 1.3412 TP2 1.3436
SL 1.3350

Based on Breakouts

Forex Lion , Just trying to support the master of trading....

Geppyg
Let Price determine your future!
  • #1,096
  • Apr 8, 2010 11:22pm Apr 8, 2010 11:22pm
Quoting Geppyg
Buy Euro @ 1.3885 TP 1.3412 TP2 1.3436
SL 1.3350

Based on Breakouts

Forex Lion , Just trying to support the master of trading....

Geppyg
Did u mean.. Buy Euro @ 1.3412 and 1.3436 with tp 1.3885 sl 1.3350.

Please clarify.. thanks.
Anything is possible; everything is negotiable
  • #1,097
  • Apr 8, 2010 11:25pm Apr 8, 2010 11:25pm
finally broken out of the range @ 5282

this could extend to next level @ 5368
  • #1,098
  • Apr 9, 2010 12:06am Apr 9, 2010 12:06am
Quoting EurekaForex
Did u mean.. Buy Euro @ 1.3412 and 1.3436 with tp 1.3385 sl 1.3350.

Please clarify.. thanks.
Amended
Let Price determine your future!
  • #1,099
  • Apr 9, 2010 12:08am Apr 9, 2010 12:08am
Its a shame its Friday. I think it will but may pasue at 1.5300 level for a bit.

Jim

Quoting forexlion
finally broken out of the range @ 5282

this could extend to next level @ 5368
  • #1,100
  • Apr 9, 2010 12:42am Apr 9, 2010 12:42am
Quoting Geppyg
Personally,

This is how I see it....
We will visit 5250 to clear long stops and then 5320
After this 5320 to 5290 till NY( Stage 2 in progress)
After this 5285 to 5350-70

Lets see how it plans out

Have a good Day

GeppyG
We will visit 5250 to clear long stops and then 5320( Stage 1 Complete)Lower target missed by 15 but upper target has been hit dead on..
Let Price determine your future!
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