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bobblong replied Aug 2, 2007looks like a bargain? I'm waiting til 243 Bearish wedge on the daily.
Daily GBP/JPY analysis
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bobblong replied Aug 2, 2007it is the beginning of the last bull run. if price gets there, we are definitely back to the downtrend. p.s if price will retrace back to around 1.0550 i will close my positions
USDCAD trend reversal?
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bobblong replied Aug 2, 2007Bravado: here's a new thought, if this 4h bar doesn't surpass the previous ones high and low, we will see at least 239.5

Daily GBP/JPY analysis
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bobblong replied Aug 2, 2007I have a final target of 1.0420, not worried. Ofcourse, this is to do with my bias that the downtrend will resume as before due to the overall strength of cad over usd
USDCAD trend reversal?
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bobblong replied Aug 2, 2007For those of you whom need some encouragement check out my quotes thread... url I'd appreciate some contribution from the talented members of this thread.
Daily GBP/JPY analysis
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bobblong replied Aug 2, 2007thats very minor resistance. very. on the other hand 239.5 is a previous MULTI WEEK resistance. A LOT of people lost money at this level, it is burned into their heads. Fundamentals not considered, many many traders see this as a reversal point. ...
Daily GBP/JPY analysis
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bobblong replied Aug 2, 2007Chill brother, you have more than enough pips to withstand some losses. I'm saying the range will tighten and bounce up. Do you see the heavy support from the weekly chart?
Daily GBP/JPY analysis
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bobblong replied Aug 2, 2007I think unless we break 243 upside we're staying in range mode
Daily GBP/JPY analysis
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bobblong replied Aug 2, 2007My long was triggered right at the end of the day yesterday, didnt expect it to make a new high right at the finish but in from 241.9 nontheless
Daily GBP/JPY analysis
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bobblong replied Aug 1, 2007My chart says we've hit a support from the weekly. Great buy levels.. from a technical aspect anyway. Interest rate statement will be the make or break.
Daily GBP/JPY analysis
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bobblong replied Aug 1, 2007That looked to me like a double top, look at the divergence. I used ATR to check it. Why ignore S/R and fibs when the chart is stating them as fact? I'd love to be told I am mistaken and that you are right. Soon we shall see ;p
USDCAD trend reversal?
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bobblong replied Aug 1, 2007I bagged my pips after retracement to 1.0660. Now looking for short @ 1.0620 for 200 pips or so. May the lord of bad US Data be with us.
USDCAD trend reversal?
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bobblong replied Jul 31, 2007Wow this is looking good. Pullback and long I go!!
Cable Update (GBPUSD)