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Thread: Just forecast..

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    Default Just forecast..

    Hello traders,

    This is my forecast:

    Current @ 2.0627

    Bought @ 2.0557

    Target @ 2.0920

    Stop Loss @ 2.0430

    Predict hit TP @ 3rd Dec 2007.


    Thank you. sm_cool





    _____________________________________________________________
    Brought to you from www.theforexforecastor.blogspot.com
    Last edited by forecastor; 11-25-2007 at 10:35 PM.

  2. #2
    anujgoyal.1
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    Default Sell GBP/usd

    for target 2.06

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    Default

    I'm waiting some more buying signal hope that coming soon...

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    Default GBP/USD jan 9

    It is a triangle configuration. Market should break either side. Acceleration should occur above 1.9828 or under 1.9665 limits.

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    Smile GBP/USD Jan 10

    1.9585. Market should meet resistance at 1.9634. We expect then an extended move down to 1.9559 -1.9438 area.
    sm_scatter sm_scatter

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    Default

    Quote Originally Posted by wiratni View Post
    1.9585. Market should meet resistance at 1.9634. We expect then an extended move down to 1.9559 -1.9438 area.
    sm_scatter sm_scatter
    yes...GBP/USD still down in major trend. but becarfull...price will be spike up to breaking this resisten. i think you should long for profit 20-30 pips or no trade.

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    Default

    hmmm....yes .


    very correct, entered a sell ,pick 17 pips and was out. sm_win
    Just me toothy9

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    Smile GBP/USD Jan 11

    It should test 1.9633 area after which a sell off down to 1.9547 or extended to 1.9479 area is expected.
    sm_scatter sm_scatter

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    Smile GBP/USD Jan 15

    Decline should be supported around 1.9527 - 1.9495 zone for rally to above 1.9681. A clear break of 1.9495 will damage this expected rally

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    Default

    In weekly chart, the last two candles is a right pattern. That's what I called myself (even in Steve Nison book who everybody think he is great which is NOT to me, why would his site make a paid site).

    The last two candle is called Fulfilling Prophecy pattern (in my Pulse journal), The hammer form a wicked upside which is was past Bull candle and the next candle is the Bull who tried to save their last contracts on the last candle. Remember it's not in emptiness, it's in the middle of the trend. And the last candle leg is normal provocation before the other side come in and buy back in below.


    Indeed this is occassion happened when the hammer facing in the wrong way, we know Inverse Hammer Candle is better on the upside, but this kind hammer until now is a great mystery to me. The leg is facing north. I'm still in my way of researching this behavior.

    And you have the answer, the second candle of weekly is bullish with a spike.

    Now we just need to wait the last candle where it will be the answer for next week.
    Since it's GBP/USD, luckily next week we will have many USD news, so be careful with your trade.
    And remember, Fed has cut 0.75%, you analyze this anomaly for sentiment for yourself.

    We can go down or go up with this two candles. Good luck.
    Last edited by aowaow; 01-26-2008 at 05:32 PM.

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    Smile Gbp/usd

    A corrective/consolidation activity between 1.9751 and 1.9908 is likely for a while.
    sm_scatter sm_scatter

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    Smile

    1.9894. Currently uptrend should end around 1.9931 - 1.9945 area. A correction down to below 1.9828 is expected. A rise above 1.9995 will abort the expected correction.
    sm_scatter sm_scatter

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    Default

    Up trend started already good time for buyer.

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    Smile

    While below 1.9887 or 1.9912 it could fall towards below 1.9815 or 1.9766. After which a corrective/consolidation activity is expected
    sm_scatter sm_scatter

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    Smile

    While below 1.9881 - 1.9909 it might drop to 1.9815 or below 1.9759 zone.
    sm_scatter sm_scatter sm_scatter

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