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GBP/JPY, GBP/USD, and EUR/USD (technical analysis)

  • #1,241
  • May 5, 2011 5:51am May 5, 2011 5:51am
Quoting Mpt
Its not breakfast time. Its almost bed time

u'r gonna miss some some
  • #1,242
  • May 5, 2011 6:01am May 5, 2011 6:01am
........... pls let me argue that..I see the sunrise now on the ocean.
Quoting Mpt
Its not breakfast time. Its almost bed time
  • #1,243
  • May 5, 2011 6:09am May 5, 2011 6:09am
..........quand le diable fait parti du bal ..serait ce bien raisonable de parler raison
Quoting rororo
putain ca fait du bien d'avoir raison !!!
  • #1,244
  • May 5, 2011 6:18am May 5, 2011 6:18am
GJ H1
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  • #1,245
  • May 5, 2011 6:24am May 5, 2011 6:24am
EJ H1
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  • #1,246
  • May 5, 2011 6:25am May 5, 2011 6:25am
My quick charts. Looking for consolidation and a move.
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  • #1,247
  • May 5, 2011 6:30am May 5, 2011 6:30am
4hr at demand zone.

Also at weekly gann.
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  • #1,248
  • May 5, 2011 6:34am May 5, 2011 6:34am
Quoting honeybhi
4hr at demand zone.

Also at weekly gann.
Thanks.
  • #1,249
  • May 5, 2011 6:39am May 5, 2011 6:39am
I should have posted this one as well. I think I have a USDX chart around here somewhere.......
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  • #1,250
  • May 5, 2011 6:42am May 5, 2011 6:42am
Must admit to watching the S&P at the moment, which has hit resistance. UJ looking a little shaky, and Sterling looking a little lackluster.

Interested to see what the ECB do in a few minutes, and what relationship it will have for Bernanke's little ditty later on.

Is the Aussie being marked down for a pump later today...
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #1,251
  • May 5, 2011 6:42am May 5, 2011 6:42am
Choppy demand area on weekly. NFP tomorrow.
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  • #1,252
  • May 5, 2011 6:43am May 5, 2011 6:43am
Quoting 45Condor
Must admit to watching the S&P at the moment, which has hit resistance. UJ looking a little shaky, and Sterling looking a little lackluster.

Interested to see what the ECB do in a few minutes, and what relationship it will have for Bernanke's little ditty later on.

Is the Aussie being marked down for a pump later today...
Yeah, lots of news today and tomorrow. I thought cable would have moved more but that should teach me to think. lol
  • #1,253
  • May 5, 2011 6:45am May 5, 2011 6:45am
Same here... would have loaded heavy on any rate rise. Pff, the more it is delayed, the greater that move will be on the day. Sterling, that is.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #1,254
  • May 5, 2011 6:46am May 5, 2011 6:46am
Nada for EU rate rise.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #1,255
  • May 5, 2011 6:50am May 5, 2011 6:50am
Quoting 45Condor
Same here... would have loaded heavy on any rate rise. Pff, the more it is delayed, the greater that move will be on the day. Sterling, that is.

I am going to stay patient.
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  • #1,256
  • May 5, 2011 6:52am May 5, 2011 6:52am
Quoting calderone
I am going to stay patient.
which means?
  • #1,257
  • May 5, 2011 6:53am May 5, 2011 6:53am
Quoting 45Condor
Nada for EU rate rise.
Still in the box so to speak. I'm waiting for a move out of here, I can't trade the range forever and I don't trust it anymore. lol
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  • #1,258
  • May 5, 2011 6:54am May 5, 2011 6:54am
Japanese Finance Minister Noda, as quoted on Forex Live


“The market is moving in a different way from March 18…….We are closely watching the market.”

A different way? WTF?

Whatever they say, I kind of suspect the trek north will be faster than the recent path south
  • #1,259
  • Edited 7:00am May 5, 2011 6:56am | Edited 7:00am
Quoting sphinx8
which means?

We're in a messy area but on a solid support area so I am biased long unless we break. I'm not jumping in yet. Keep in mind I am a longer term trader and not scalping.

Hope that helps.
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  • #1,260
  • May 5, 2011 6:56am May 5, 2011 6:56am
As a relative newbie could somebody answer a couple of questions .
Why do you not include EUR/GBP in this thread?
and is it best to trade smaller time periods i.e 5m,15m rather than daily or weekly ?
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