Friday, October 30, 2009

Oct 30 - Still no Update on GBP USD

HI everyone,

I am still having difficulties in coming up with Delta count with a good confidence on the recent cable's move. I will sit aside and let the market plays it out for a couple of weeks. Hopefully it becomes more clear after November 5.

2 comments:

Anonymous said...

Keep up the great work man.. My count is similar to yours with minor changes. I have for the blue time frame a 1 instead of an (11) for the june 8 low. I ditched the other 1,(1) you have there. This gives 3 up for a red 2 on the 6. Then adjust the Red accordingly. Instead of the 4 it's a 3, the 5 is a 4 and the new 5 came in with the blue 1 low on Oct 17. Then we must have put in the red 6 on the 23rd, as we didn't overlap the red 4 high. I still see this going down as 18 isn't due for a while and we definitely put in the 17.

Unknown said...

It still Bearish for today. Read my 2 sen predictions at http://moneyadsblog.blogspot.com

allah Hu.

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