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Thread: What are your expectations?

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    Piplet outwestjake's Avatar
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    Default What are your expectations?

    What do you think the GBP/USD will do as of now. It is currently at 1.9694. I am hearing signals that the GBP should be bought at 1.9697, and the estimated TP would be at 1.9830 to 1.9850. Stochastics show the GBP oversold, and the MACD does seem as if it wants to begin curving into an up-trend. What do you think of this, would you buy the GBP/USD as of now?

    Jake (outwestjake)



    The signals in this post were signals of Doris Halim from the ************ forum page.

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    In Profit cesar's Avatar
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    i suppose that GU will try to test again the monthly pivot at 1.9766, forming a dirty triple top, i guess it would try 1.9800 too.

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    In Profit cesar's Avatar
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    my expectations are right... now is moving around 1.981x, after it touches a 1.9838 as high... think in the next 4 hours it could fall till 1.976x as much, and if continues falling the floor will be placed in the support of 1.967x (lower bollinger)

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    Piplet outwestjake's Avatar
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    Doris Halim now made another prediction with her method (I-Ching Method), she says that at 1.9759, which is where the GBP is currently bouncing around, the GBP will then go up to 1.9892 or higher. From her prediction yesterday which turned out correct, I might try to get in on this trade, but I'll buy at 1.9780, and probably sell out at 1.9880 for an even 100 pip profit, fill me in on your thoughts.

    The signals in this post were signals of Doris Halim from the ************ forum page.

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    In Profit cesar's Avatar
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    yeah, i have a long position placed at 1.9812. target in 1.9882.. but for now, is going directly to 1.967x, and after, will move up. i think.. so i place an order target 1.9882 too

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    In Profit cesar's Avatar
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    the order never opens, so i cancelled, but the position touch the target 1.9882 (+70pips)

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    Piplet
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    Hi all, u said the position never opened, please do u know why?!

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    In Profit cesar's Avatar
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    look at my last message, i have put 2 orders, one never opens, the other, yes it did, and close in profit.

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    Piplet outwestjake's Avatar
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    Hey nice job Cesar,

    My trade for some reason cancelled out early, I think I set a TP by accident at an early point, so I missed out on that, I'll have to try and get it next week. Happy Trading.

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    thanks, i think next week we can see a breakout to more than 2.0000 (at least 2.0025 first, and then 2.04) or a new trend going to 1.93xx, as floor. I play for the first option... i believe in the continuous weakness of dollar pushed for the international oil prices... and the pound and gold are not weak... for that reason i think we going to 2.10xx again very soon...

    good luck with your trading!!

    did you see my post about UJ monthly?? i've been in the correct way... take a look!

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    Piplet outwestjake's Avatar
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    Doris today said to Buy the GBP/USD at 1.9822, and TP at the point of 1.9975 to 1.9982. I missed the Buy point at 1.9822, but I'll probably Buy at 1.9869 and TP right before Doris's TP point (1.9975), But i'll still have a 100 pip Profit. Fill me, again, on your thoughts. They always offer me good reassurance.

    The signals in this post were signals of Doris Halim from the ************ forum page.

    Jake

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    target reached again at 2.0150, just below the high in 2.0157... now, the position has a 2 target below 2.033. i'll see... i think in pullback to 2.005x, and then go up..

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    As at now my expectations are Gbp/usd will reach 1.600 montly support line as the credit crunch/recession worries engulf the UK economy.
    Figures show that the economy of Britain has hit recession very hard...

  14. #14
    Pinalli
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    Hi,

    According to the Daily FX update, the Bank of England (BOE) released the quarterly inflation report on Wednesday which showed that the level of inflation has been receding more than anticipated. The report came with a comment from BOE governor, Mervyn King, that based on this information, further action is necessary to ease the economys continued decline. This news sent the Pound Sterling down against the Euro and US Dollar. At 4PM GMT, the Pound was down 1 % to .8996 versus the Euro and down over 1% to 1.4390 against the dollar.

    See ya

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    we opend on a big gap i think today we have to close this gap so ut will recover to 1.44 area again during today

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