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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:
GBP
Discuss GBP
swissy could see some bigger correction if it will penetrate above 9876 level... target would be around 1.0100 level.... but still see more downside to 9500 level at least....
how abt you, champ?
and wht abt swiss..at top?
For your 63/6400 target area are you looking at pivots and the 78.6% level or are you a market profile volume geek. I see very high horizontal vol at that level with the HVN bang in the middle.
Just interested in what tech associates are using :-)
I'm a liitle surprised Ashraf not mentioned his daily chart trend support lines for EU and GU today. Both have kissed nicely today although GU looking like it may want more than a mere kiss. Penetration may result if she willing.
member base for advertising banners attached to defray costs..
otherwise, holding long time usd/chf short..thinking of partial profit taking..??
how are you doing?
i totally don't neglect fundamentals... could be very useful when used side by side with technicals...
i never assume things and play with what the chart tells me... for now... only break back below 5502 would make me think otherwise.... looks lke gbp would be testing the 5650/5600 level.... once it breaks the previous high(5996) like i said earlier... target woul be 6300/6400 level...
gl/gt to you DaveO... :)