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Thread: GBPJPY 4HR Forecast

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    Thumbs up GBPJPY 4HR Forecast

    Market Bias: Downside

    4HR Pivots: S2=203.82 S1=204.25 P=204.72 R1=205.15 R2=205.62

    Recommended Action: Sell above P, target exit @ S1+10pips, stop loss @ R1

    Date Stamp: 10pm (GMT+1) 23 April 2008

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    Market Bias: Upside

    4HR Pivots: S2=204.19 S1=204.73 P=205.01 R1=205.55 R2=205.83

    Recommended Action: Buy below P, target exit @ R1, stop loss @ S2

    Relevant Time: 6am (GMT+1) 24 April 2008

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    Market Bias: Downside

    4HR Pivots: S2=204.27 S1=204.72 P=205.12 R1=205.57 R2=205.97

    Recommended Action: Sell above P, target exit at S1, stop loss @ R2

    Relevant Time: 10am (GMT+1) 24 April 2008

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    Market Bias: Upside

    4HR Pivots: S2=203.77 S1=204.41 P=204.79 R1=205.43 R2=205.81

    Recommended Action: Buy below P, target exit at R1, stop loss @ S2

    Relevant Time: 2pm (GMT+1) 24 April 2008
    Last edited by FXCashier; 04-24-2008 at 02:40 PM.

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    Market Bias: Upside

    4HR Pivots: S2=205.21 S1=205.46 P=205.66 R1=205.91 R2=206.11

    Recommended Action: Buy below P, target exit at R1, stop loss @ S2

    Relevant Time: 6pm (GMT+1) 24 April 2008

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    Market Bias: Upside

    4HR Pivots: S2=205.13 S1=205.45 P=205.80 R1=206.12 R2=206.47

    Recommended Action: Buy below P, target exit at R1, stop loss @ S2

    Relevant Time: 10pm (GMT+1) 24 April 2008

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    Market Bias: Upside

    4HR Pivots: S2=205.37 S1=205.69 P=205.89 R1=206.21 R2=206.41

    Recommended Action: Buy below P, target exit at R1, stop loss @ S2

    Relevant Time: 2am (GMT+1) 25 April 2008

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    Market Bias: Upside

    4HR Pivots: S2=204.86 S1=205.63 P=206.17 R1=206.94 R2=207.48

    Recommended Action: Buy below P, target exit at R1, stop loss @ S2

    Relevant Time: 10am (GMT+1) 25 April 2008

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    Default

    Market Bias: Upside

    4HR Pivots: S2=205.72 S1=206.46 P=207.03 R1=207.77 R2=208.34

    Recommended Action: Buy below P, target exit at R1, stop loss @ S2

    Relevant Time: 2pm (GMT+1) 25 April 2008

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    Market Bias: Upside

    4HR Pivots: S2=206.32 S1=206.53 P=206.68 R1=206.89 R2=207.04

    Recommended Action: Buy below P, target exit at R1, stop loss @ S2

    Relevant Time: 6pm (GMT+1) 25 April 2008

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    Market Bias: Upside

    4HR Pivots: S2=206.61 S1=206.82 P=206.98 R1=207.19 R2=207.35

    Recommended Action: Buy below P, target exit at R1, stop loss @ S2

    Relevant Time: 10am (GMT+1) 28 April 2008

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    Default

    Market Bias: Upside

    4HR Pivots: S2=206.24 S1=207.04 P=207.82 R1=208.62 R2=209.40

    Recommended Action: Buy below P, target exit at R1, stop loss @ S2

    Relevant Time: 2pm (GMT+1) 28 April 2008

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    GJ heading towards 208?

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    Default

    That's a hefty stop loss at 206.24 (about a 160 pip loss)

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