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micho replied Oct 14, 2008yeah it should go back below 1.75 but it may take time... but at least 1.75 is in reach for sure (90%)
Cable Update (GBPUSD)
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micho replied Oct 14, 2008well the up trend seems strong... so i am not sure if we reached the top yet... if 1.7588 and 1.7651 breaks next target would be 1.7697 and then strong resistance at 1.7720

Cable Update (GBPUSD)
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micho replied Oct 14, 2008now it should go touch the 1.7588 in case she wants to go downnnnnnnnn

Cable Update (GBPUSD)
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micho replied Oct 14, 2008its not supposed to go south until it touches 1.7588



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micho replied Oct 14, 2008dont short yet... we still go up according to my chartsssssss

Cable Update (GBPUSD)
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micho replied Oct 13, 2008did u see how at 1.7310 no 1 min candle closed below it so it didnt break... then head up again at the 38% and broke it to tp1 at 79 and now going to 1.7424

Cable Update (GBPUSD)
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micho replied Oct 13, 2008but u should look cause they are resistance and supports also i dont draw the same trend on all charts, all charts have different trends (like swing high swing low)
Cable Update (GBPUSD)
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micho replied Oct 13, 2008well for me i take each trend on each chart like 15 min 1 hour 1 day and it doesnt mean the last day only, but i pick the most significant daily trend like 7 8 9 20 days or whatever
Cable Update (GBPUSD)
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micho replied Oct 13, 2008now if 1.7383 breaks (100% of the last 15 min up trend) then first target is should would be 1.7424

Cable Update (GBPUSD)
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micho replied Oct 13, 2008now its boucing between 23% 1.7456 of the 15 min up trend and the 23% of the 1 hour 1.7462 up trend
Cable Update (GBPUSD)
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micho replied Oct 13, 2008dunno i dont trade the EMAS 50
i trade fibonacci... but its so complicated and full of shit u have a million trend up and down and u have to chose the right one hahahahahahCable Update (GBPUSD)