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GlobalMacro replied Jun 22, 20091.6420 Target Reached & Exceeded!!! — Happy New Week All! Retracement following exhaustion of price rally just took us thru 1.6420 price objective...
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GlobalMacro replied Jun 19, 2009if the mentioned weekly highs get whacked then yes no doubt flying colors, but until then I wanna see it retest below 1.6480 to prove its point...bro this broad is a whacky one...has to get funky first before the real job...lol
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GlobalMacro replied Jun 19, 2009The reason I perceive today's volume condition as weird is that we started off LDN session on low volume; it was only on 1.6480 resistance breakout that the volume picked up. So that kinda makes me feel the big bad long candle was an upthrust bar ...
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GlobalMacro replied Jun 19, 2009That's right...in addition to today's candle formation, the high (1.6663) of the shooting start 2 weeks ago is even higher and not violated either. Although I don't trade off of the weeklies directly, still this an interesting setup that's emerging ...
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GlobalMacro replied Jun 19, 2009Check this weekly...I think if it closes below 1.6621...it will be a bearish hangman or spinning top...the weird volume today might be wanting to tell us something...
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GlobalMacro replied Jun 19, 2009lol...cool...where do we get those vote indicators to put em up there?
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GlobalMacro replied Jun 19, 2009I agree...I've been a bull the entire time since the hammer early june and continue to be so for the medium-term...but there's been something screwy today w/ the volume conditions that makes me wonder if pa's got some unfinished business below ...
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GlobalMacro replied Jun 19, 2009That's a good idea, grashid, thought of that the other day myself...be good to have some of those bar graphs up there like who's bullish/bearish for the coming 2hours or 4 hours or something like that

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GlobalMacro replied Jun 19, 2009Guys, be careful w/ longs...this sucker is gonna tank heading to 1.6420s
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GlobalMacro replied Jun 19, 2009I think e/u is actually the better broad to make out with on this day if you really have to do something 2day...

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GlobalMacro replied Jun 19, 2009Like I said my bias is neutral for today...I don't like low-volume , low-range days....
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GlobalMacro replied Jun 19, 2009Morning 4cfx, actually I'm pretty unbiased for 2day for the reasons I mentioned but in terms of the underlying primary trend I don't see anything but up. Probably the breakout's not gonna occur today...I think this lackluster pa is just the excuse ...
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GlobalMacro replied Jun 19, 2009Quiet Before The Storm...... — Very unusually low volume for this time of the day (way below average). The choppy price action of the past couple of days has taken its toll, traders getting smart & waiting on the sidelines...this is a ...
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GlobalMacro replied Jun 16, 2009Thanks. Today's high @ 1.6482 so for all intents & purposes we were already there. Trend still up. Beware of the raging bull!
I'm done for today.Cable Update (GBPUSD)
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GlobalMacro replied Jun 16, 20092nd Target @ 1.6470 Reached & Breached!!! — And we just took out my second bullish price objective at 1.6470 .
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GlobalMacro replied Jun 16, 2009Morning 4cfx,my bias is still bullish for today. BTW, Congrats on your short trade y2day, done a great job!

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GlobalMacro replied Jun 16, 20091st Target of 1.6339 Reached!! — 2nd price objective is 1.6470
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GlobalMacro replied Jun 16, 2009I'm looking at 1.6339 as my 1st price objective.
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