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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:

GBP

Discuss GBP
 
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DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 22:06
current price 6363
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 22:05
gbpusd, should price take the recent high at 6420 we have revised symmetry at 6466 (skipper 1 hr tunnel). 38.2% ret at 6451. 50%ret coinciding with 127.2% sym ext at 6508.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 20:11
I think you are right about King. Justification for less pressure on rate hikes
Ashraf Laidi
London, UK
Posts: 0
13 years ago
May 10, 2011 18:41
Today's Premium piece strategizes ahead of tomorrow's BoE Inflation report. The arguments and the tactics.
http://ashraflaidi.com/products/sub01/access/?a=422


Ashraf
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 10, 2011 14:46
UK OSBORNE: Credible fiscal policy to allow rates stay lower, longer

here comes sub 1.61?..
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 12:58
lol, it proves itself every single trading day for me and makes me good money. Nice thing also is very tight stop strats for when invalidated. Not like some of the "faders" we see in this forum, dig, dig.
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 10, 2011 12:49
phew.. EW symetry might get a chance to prove itself..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 10, 2011 12:35
yeah.. was targeting that 1.647-652 range with recent low as initial stop, now moved it to just below 6400
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 12:25
Yeah, not a bad lookin H&S with rt shoulder a little hurried. Did I post some symmetry somewhere ? or what are you seeing ? on 4hr reckon it completed 5 series down. Possible sym for the current ret up 100% at 6476 or 127.2% ext at 6517, assumes no lower on current wave B. Yep I know this conflicts with ashraf posi. Maybe Ash reading count only seen wave 3 down as yet and the ret is wave 4 up with 5 down to come.
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 10, 2011 12:06
Dave, testing your ABC symetry in 4h cable.. it needs to rebound smart of this 1.633 cluster.. or it will head sub 1.61 under that (so-often-unreliable) H&S..
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