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Lejumeau replied Dec 17, 2009is this roketing or what Ok guys that are observing I have nothing to do with this call just look at weekly pivot and see how GBP react so accurately on these level especialy the fisrt and second level yes it is not 100% all the time but many time ...
Cable Update (GBPUSD)
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Lejumeau replied Dec 17, 2009funny usdcad is falling also .. did someone mention this on previous post ..LOLOl I'M the only one talking in this forum so mind as well talking to myself then lol..
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Lejumeau replied Dec 17, 2009you are rigth on the weekly we are sitting rigth on a support which look to be a thin line and with the weekly you could have a move of 100 to 200 pip around a resistance line and it wont show at all
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Lejumeau replied Dec 17, 200960 pip candle that was recoop as fast as lightening and we broke the high of this candle on the next one that is showing me that there is a lot of buyer whaiting for any retrace back down to accumulate for long
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Lejumeau replied Dec 17, 2009yep either you or me that is all is going to be left on our toast tomorow,,butter.
hope you are rigth only after my call lolol cheer...Cable Update (GBPUSD)
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Lejumeau replied Dec 17, 2009My speculation is gbp back to 6400 region to retest yesterday hig and usdcad back to 1.0500 region Why because weekly support did hold pretty good and we are in oversold in daily. And cad is very weak at the weekly support 1.0693 wich is a triple ...
Cable Update (GBPUSD)
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Lejumeau replied Dec 17, 2009Major resistance at 6130 area Retrace to 61fib from the last rallye up I'm long
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Lejumeau replied Dec 17, 2009Not me on the 4hr it look pretty strong for an up move from the weekly support on the daily we are sitting on the 61 fib retracement
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Lejumeau replied Dec 17, 2009I remind myself a good lesson today.. when you have a good entry point dont look a 5min chart it will make you freak out. I was long at 6107 this morning and closed because of the ramdom price action on the 5mn If I would stick to my projection base ...
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Lejumeau replied Dec 17, 2009if the 30mn candle dont engulf the doji I think we will retest the low
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Lejumeau replied Dec 17, 2009close my long for 30 pip gain go short for the bottom for another 25 or 30 pip
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Lejumeau replied Dec 17, 2009That last candle react pretty fast and violent it migth be a sign of weekness for the bear and Sto is oversold
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Lejumeau replied Dec 17, 2009Just get in at 6107 just before that little trust move already +20 first target 6145 to retest the previous daily resistance
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Lejumeau replied Dec 17, 2009I'm going long with a stop just below the weekly resistance Good place to get in. GBP respect the weekly pretty good if you look at the past especialy the weekly resistance 1 and 2
Cable Update (GBPUSD)