GBPUSD 17 of Jan '08

Joined : 23 Dec 2007 Posts : 239 Location : Nigeria

21:25:33] saintvalx : Is anyone online?

[09:37:39] enolase : hello

[09:38:20] enolase : hi

[09:40:08] Stalion : helloo

[09:40:50] taipan : hi

[09:41:35] Stalion : hope you all had a good night rest,

[09:42:46] Stalion : check out the long candlestick bar on gbpusd

[09:45:35] taipan : stalion, should we go long or short?

[09:47:47] Stalion : not yet,

[09:50:55] Stalion : we should be looking for a break above 1.9675 on the long side, 1st target

should be 1.9716, 2nd target to the long side should be 1.9770

[09:52:38] taipan : okay

[09:54:14] Stalion : where is enolase?

[10:00:22] taipan : maybe he got d/c

[10:02:34] enolase : ok

[10:02:44] enolase : so a LONG POSITION

[10:03:10] Stalion : welcome back,eno,

[10:03:20] Stalion : yes, long position for now

[10:05:17] taipan : i got in at 1.9645, cable is currently at 1.9705

[10:06:52] Stalion : great, c'mmon,GU, You CAN DO IT!!!

[10:07:54] Stalion : lol:lol!:

[10:29:16] enolase : target acquired: great call Stallion

[10:35:51] Stalion : 1st TARGET HIT!!!

[10:36:09] Stalion : tHANKS, MON AMI

Joined : 23 Dec 2007 Posts : 239 Location : Nigeria

Joined : 09 Mar 2008 Posts : 1 Location : USA

H4 forecast
Ascending trend, but there are some signs of trend turn:
1) if the channel "C-C+" will be broken through, then level 1.4955 will become target

2) if the pair won't be able to go down lower then level 1.4910, then level 1.5580 will become its target
cancelation this scenarion if will be able to go down lower then level 1.4910

3) if the pair will be able to go down lower then level 1.4910, then level 1.4650 will become its target
cancelation this scenario, if after passing level 1.4910 the pair will be able to go up higher then level 1.4985

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