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RedCabbage replied Apr 8, 2009My comment that this one had space is wrong of course I meant Time. There is a lot of traffic for this to get through but my stop is now at b/e so it's a free trade from here whatever happens. Always nice to get one in at London open.
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RedCabbage replied Apr 8, 2009PA and sentiment on EURUSD is not good. I have gone long NZDUSD instead 5700 S+R 61Fib Round number Space At support at London open
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RedCabbage replied Apr 8, 2009Channel reformed nicely as expected. Now to look into the long opportunties.
EURUSD
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RedCabbage replied Apr 8, 2009Got the good 4hr close above 9000 but it began to form a flag which was much more likely to break out south which it did after midnight GMT.
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RedCabbage replied Apr 7, 2009EURGBP — I really need a good 4hr GMT close in 30 mins to make this work. Although bear in mind EURGBP spent 5hrs at this level last time.
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RedCabbage replied Apr 7, 2009Got in +10pips from the back of this tight range, lets see if there's a few pips to be had despite the EUR weakness.
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RedCabbage replied Apr 7, 2009EURUSD — Vaild point about reluctance to come back up 13220. My short zone is 13287-13300, I should have posted a chart earlier so I wouldn't look like Hindsight Harry saying this!
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RedCabbage replied Apr 7, 2009EURUSD Long 13200-13165 Previous support and resistance Round number 78Fib High TF Space It might not get there until EOD GMT as there is a chance of a previous downward channel reforming if it gets to 13300 from here first.
EURUSD
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RedCabbage replied Apr 7, 2009EURUSD — Some nice set ups coming in NY. Let's see what gives the best reaction. EURUSD 13200-13165 Previous support and resistance Round number 78Fib High TF Space AUDJPY 6945-6900 Support and resistance 50Fib Round number High TF EURGBP ...
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RedCabbage replied Apr 6, 2009It's a 38Fib too but don't hold your breath, equities are causing dollar strength this afternoon.
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RedCabbage replied Apr 6, 2009Good. Sensible place for a stop on this one is just below 14700 which it just missed by a whisker. You are right about EURUSD action, we were bound to get a reaction off yesterday's low conidering the wick it left behind. USDCHF is also at ...
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RedCabbage replied Apr 6, 2009GBPUSD — The 30min candle closed at support which is encouraging, if the 1hr does the same then it could well hold. Otherwise we could see 14645 next.
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RedCabbage replied Apr 6, 2009It is struggling. 441 is a great level but there's a 4hr support at 778, a TL and Fib23 (14760) propping it up at at the moment. My ideal would have been 14760 which is the back of my target range +15, but I would have liked to have seen it arrive ...
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RedCabbage replied Apr 6, 2009No offense, but what is the purpose of a question like that?
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RedCabbage replied Apr 3, 2009EURGBP has been kind to me the last few days it is back in favour! I'm glad you let us know, I will miss your posts as they are a very useful early morning (GMT) newsflash as I get set up for London open. Enjoy your holiday!
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RedCabbage replied Apr 3, 2009I was the one stood well back because I checked my timetable.

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