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The Forex Thread (FX)     

hilary - 31 Dec 2003 13:00

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chocolat - 24 Jan 2007 13:57 - 7213 of 11056

Fantastic Harlosh - nice to see you back :)
Still short here, my target's not dissimilar to yours ;)

Seymour Clearly - 24 Jan 2007 14:02 - 7214 of 11056

Short again here from 9697

edit thanks Harlosh for the chart - it helps!

Harlosh - 24 Jan 2007 14:27 - 7215 of 11056

Certainly broke 9720


hilary - 24 Jan 2007 16:10 - 7216 of 11056

It's nice to see some decent legs these last couple of days. All of the whipsaws were frustrating the hell out of me.

hilary - 24 Jan 2007 16:17 - 7217 of 11056

Ooops. Talking of legs, I happened by these the other day. Especially for MM.

:o)

jeffmack - 24 Jan 2007 16:29 - 7218 of 11056

Damn, I couldnt scroll up

Do you always go to bed in your wellies

hilary - 24 Jan 2007 16:33 - 7219 of 11056

No! I normally just wear a splash of Coco, Jeffie.

MightyMicro - 24 Jan 2007 17:29 - 7220 of 11056

Hil: Thank you so much :))

Harlosh - 25 Jan 2007 09:38 - 7221 of 11056

Morning all - added to my short following the retrace to 9730 area.

Initial target 9625.

Seymour Clearly - 25 Jan 2007 13:01 - 7222 of 11056

Got stopped out - think my stop was too tight, going short again soon.

jeffmack - 25 Jan 2007 13:25 - 7223 of 11056

I'm not convinced it is heading down

foale - 25 Jan 2007 17:39 - 7224 of 11056

tending to agree with you atm...jm

unless 1.9650 goes convincingly.. 1.9750-60 the price to get over before I start
to get excited though.

cynic - 25 Jan 2007 17:49 - 7225 of 11056

general view is that $ is ultimately heading for 2.07 .... as always, difficulty is timing one's entry ..... for time being shall watch and wait having missed last $ short-lived surge to 1.95

Harlosh - 25 Jan 2007 22:38 - 7226 of 11056

Well. Cable hit 9623 earlier - 2 pips off my initial target of 9625. :-)))))

I think there's more downside yet though.

9650 provided little if any support strangely.

chocolat - 25 Jan 2007 22:43 - 7227 of 11056

Me too, Harlosh - still hanging in, pink woolly socks and all ;)

chocolat - 26 Jan 2007 12:10 - 7228 of 11056

Been mucking around with a few lines.
The 4 hourly looks ominous, but I'm starting to feel a little wary, it is Friday after all. Have a possible target of 1.9550/30 area.

Harlosh - 26 Jan 2007 12:30 - 7229 of 11056

My next target is 9580 Choc . After that I would be wary of much more downside.

If it forms a base around that level I might look long. The 4 hour chart looks ominous as you say but the indicators are beginning to look oversold IMO.

Harlosh - 26 Jan 2007 16:15 - 7230 of 11056

I'm thinking 9560 area is the low so I'm now long from 9580.

mg - 26 Jan 2007 16:32 - 7231 of 11056

Well done you guys - you've been playing like a fiddle.

I left a trigger long at 19570 to see if I could catch the falling knife - and then went off to do some chores. Nice to see it open but wary of that 4 hour chart so may not keep it for that long - waiting to see if that pesky 60minute MACD crosses before I stop sweating. Not played this well since I came back off my hols - lost quite a few trying to go long on a couple of occasions - only to get my fingers well and truly burnt.

Seymour Clearly - 26 Jan 2007 17:36 - 7232 of 11056

Same here mg, have been nibbling away at my gains on the way down, still in profit but....

Now long from 9612, stop below today's low.
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