DislikedThey will show up as soon as EU drops 50 pips from any high and state it is heading to 1.20. I spoke to Jelibon last night, he told me to wait and I shall see.
He didn't say what I will see tough...Ignored
- #752,962
- Feb 1, 2013 1:47am Feb 1, 2013 1:47am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
I am with you on that one however, I can't take any longs mate not around here... What is my problem...? I see it is heading 1.3680/90 however the possibility of some sell-off happening is holding me up.
1 - It HAS been going up relentlessly - only minor retraces
2 - It has just made a new high and not yet retested it
so to my mind looking for an entry to test the high seems favorable
- #752,963
- Feb 1, 2013 1:49am Feb 1, 2013 1:49am
- | Joined Jan 2009 | Status: Ex-pat New Yorker. | 1,053 Posts
"The market can remain irrational longer than you can remain solvent"
- #752,964
- Feb 1, 2013 1:50am Feb 1, 2013 1:50am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
London will be interesting.
ABCD signaling 1.365, I see retrace coming after that.
anyway, I believe the pound dollar will drop to 1.53XX in the coming weeks
yes brit open will be very interesting, be good if you right about cable, watching cable and geppy for brit open
If you are new to Forex? Say Goodbye to your account!!
- #752,965
- Feb 1, 2013 1:50am Feb 1, 2013 1:50am
- | Membership Revoked | Joined Aug 2012 | 8,502 Posts
ah the lure of catching the top
1 - It HAS been going up relentlessly - only minor retraces
2 - It has just made a new high and not yet retested it
so to my mind looking for an entry to test the high seems favorable
- #752,966
- Feb 1, 2013 1:51am Feb 1, 2013 1:51am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
3600 even better.
3615 area has a monthly resistance point, Weeky R2, mid-Daily R1, mid-Monthly R1 and has shown that it is a sticky area as price goes through it
either way, so long as it holds
- #752,970
- Feb 1, 2013 1:54am Feb 1, 2013 1:54am
- | Joined Jan 2010 | Status: Trader | 1,012 Posts
you maybe right, and normally I would agree with the proximity of a big number but 3600 was fairly insignificant it blew straight through it on the way up
3615 area has a monthly resistance point, Weeky R2, mid-Daily R1, mid-Monthly R1 and has shown that it is a sticky area as price goes through it
either way, so long as it holds
We'll see...might not even make it to 1.36 but just in proximity.
- #752,972
- Feb 1, 2013 1:58am Feb 1, 2013 1:58am
- Joined Oct 2012 | Status: Chart can tell you everything! | 1,721 Posts | Online Now
I guess me too. Might be best. EJ Screams for a buy, but there could be a 200 Pip retrace anytime.
- #752,973
- Feb 1, 2013 2:03am Feb 1, 2013 2:03am
- | Membership Revoked | Joined Mar 2009 | 16,693 Posts
