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Forex Forum Archive for 01/1/2010
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lkwd jj 17:24 GMT January 1, 2010
gbp
wait a minute here. i thought you were short cable with double and triple "special " allocations? maybe the number 11 (as in chapter 11) is a lucky one for the chinese as the usa prints its way to bankruptcy...
Hong Kong Qindex 16:46 GMT January 1, 2010
QIndex Trading System
Sell GBP/CAD
Entry: Target: Stop:
GBP/CAD : Critical Point 1.7398
As shown in the monthly cycle directional indicator, the market momentum is strong when it is able to trade above the weekly cycle pivot center at 1.7262. A critical resistant point is located at 1.7398. The market is under pressure when it is rejected from the resistant range at 1.7262 - 1.7398. Sell on rallies is the preferred trading strategy.
GBP/CAD : Monthly Cycle Charts
http://www.qindex.com/gbp-cad.html
USA ZEUS 14:42 GMT January 1, 2010
gbp
lkwd jj 14:38 GMT January 1, 2010
If there is negativity about GBP, then what should such movement should speak about the USD?
Anyone have an extra $2 trillion and growing that will be needed to keep funding the USD ponzi alive in 2010?
Ahhh...Inflation is the theme for 2010
Cheers!
lkwd jj 14:38 GMT January 1, 2010
gbp
Reply
with all the negativity surrounding the uk, cable was up from 12/31/2008 close of 1.4660 to 1.6170 a whopping 10% vs usd.
London SFH 13:59 GMT January 1, 2010
Trade Ideas
Thank you fm, a very happy new year to you and wishing you many successful trades in 2010.
Happy new year to EVERYONE else on this great site!
Lahore FM 12:23 GMT January 1, 2010
Trade Ideas
correction*
more importantly,0.8840/50*
Lahore FM 12:13 GMT January 1, 2010
Trade Ideas
Dear Alimin,the recent weekly lows,more importantly,0.8940/50 needs to hold on eurgbp on the weekly charts,any break lower might put the contras in the driving seat and eurusd may drop along with eurgbp towards 0.8300/0.8500 region.0.8850 holds,we can still expect recovery for eurusd.
Medium term out look for USD looks positive thus far.
makassar alimin 11:30 GMT January 1, 2010
Trade Ideas
FM, do you see eurgbp indicate further weakness for euro?
Hong Kong Qindex 08:15 GMT January 1, 2010
QIndex Trading System
Sell GBP/JPY
Entry: Target: Stop:
GBP/JPY : Critical Point 151.04
The market is under pressure when it is below the weekly cycle pivot centers at 150.62 - 150.70 - 154.92. As shown in the monthly cycle projected series 151.04 is a critical point. A projected resistant range is expected at 152.40 - 153.88. Sell on ralles is the preferred trading strategy.
GBP/JPY : Monthly Cycle Charts
http://www.qindex.com/gbp-yen.html
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