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Thursday, June 08, 2006

van Gecko 14:47 GMT June 9, 2006
revdax 14:18.. imo the great risk vs 'potential reward' for her majesty's brave m/t short marching soldiers was up at the 1.89/90 inflection band.. anyways, riding intraday trains vs m/t trains requires different risk adjusted tactics..

"06:49 GMT June 7, 2006
GBP..yesterday's session close below 1.8650 after another failure infront of 1.89 confirming more strength for this "IBS" dollar leg.. a weekly close below 1.85 could jump start another 5 figure Merry Go South Slide down to 1.80.."

we now have multi-day close below the dipping daily 21ma..
FxWorksInWackyWays..

hk revdax 14:18 GMT June 9, 2006
van Gecko 13:53//well, it is always hard to get in at the middle of the train. wait a bit and see if there presents a favorable r/r chance for entry.

van Gecko 13:53 GMT June 9, 2006
hk revdax 13:33.. vely precision intraday "British bomb"! now you have some surplus pips to ride the GBP 1/2 session train up at the 1.85 zones..
gl.

hk revdax 13:33 GMT June 9, 2006
bot gbp at 8385 and now out at 8462....lightning never strikes twice..LOL

van Gecko 07:33 GMT June 9, 2006
hk revdax 07:06.. her majesty GBP performed its patented Olympic medal dive in perfection.. now 1/2 way to my 10 figure mid term target zone.. a near term bounce up to the 1.8520/50 converging falling daily & 1/2 session 21ma zones can't be ruled out to replenish the fuel tanks for 1.80..
cheerios..

hk revdax 07:06 GMT June 9, 2006
van Gecko 06:39 //To buy GBP for a rebound is against the very maxim of trading or 'trend being your friend'. Yes/No???


van Gecko 06:39 GMT June 9, 2006
Market doing the "Itchy Goochy Iggy $Bear Squeeze" dance at its finest..

GBP @1.8430 down from 1.8850
Euro @ 1.2630 down from 1.2970
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