Sell Eur/Usd

[Iris]

Hello Everyone........

Cable Sell Zone @ 1.9755<>1.9730

with extension Cable Sell Z @ 1.9770<>1.9760

Targeting @ 1.9700<>1.9670<>1.9635

Cable 2nd Sell Zone @ 1.9730<>1.9715 onto below Targets. if achieved in NY Session today 1/24/07.

Will look for Cable Target Exits @ 1.9635<>1.9610<>1.9590

Cable has the 2nd Sell Zone @ 1.9730<>1.9715 on London Sessions High @ 1.9734 activated to build the South Reversal @ the 1st Cable Sell Zone @ 1.9770 onto Targets.

Cable meers thru NY Session today after the London High @ 1.9734 into New Yorks @ 1.9728 activating our 2nd Cable Sell Zone @ 1.9730/15 yesterday along with the 1st Sell Zone @ 1.9770 to a current Low @ 1.9626 building a sizable Cable Sell Position overall.

Cable's next Targets @ 1.9610<>1.9590 will be Exit Z on these 1st/2nd Cable Sell's to re-Position as we will be @ an Intermediate Support on this South Reversal for which we will re-Position for the next decline Target @ 1.9480<>1.9460.

Let's watch how 1.9590 reacts to Price as we may get a further decline follow thru to 1.9560/70 will be a Key level to decifer Price Discovery how much of this current Cable North advance onto 1.9916 has Exited the Market as Cable has had almost a 300pip decline in 48+hrs.

We have Exited All Cable 1st/2nd Sell Positions @ 1.9570 to re-Postion as we achieved the follow thru that I was factoring.

1st Cable Sell Zone 1.9770...Exited @ 1.9570...200pips.
2nd Cable Sell Zone @ 1.9730...Exited @ 1.9570...160pips.

Cable's South Reversal posted a week ago is reality today with a current Low @ 1.9570.

IRIS FX

[Iris]

Hello Everyone..........

Exited the Sell Gbp/Jpy 240.80<>240.60 @ 237.30 on All Positions for 330+ per lot on the South Reversal which has a current Low @ 236.39.

The Gbp/Jpy is in the Sell Zone once again...

Gbp/Jpy Sell Zone 238.60<>238.45

with extension Gbp/Jpy Sell Zone @ 238.85<>238.75

Targeting @ 238.10<>237.70<>237.30<>236.75

Gbp/Jpy is in the Sell Zone again for the 2nd time in Asian Sesssion after a decline in afternoon NY Session to 238.17.

Let's also watch 237.00<>236.75 for Price Discovery as we may have a follow thru decline to 236.50<>236.35.

The Gbp/Jpy Sell Zone @ 238.85<>238.75 is activated with a current Low @ 237.94 Stops @ Breakeven/Profit onto Targets...let's see how NY Session develops.

IRIS FX

[FXInvestor]

1st Cable Sell Zone 1.9770...Exited @ 1.9570...200pips.
2nd Cable Sell Zone @ 1.9730...Exited @ 1.9570...160pips.

This is a great booty man even reading this is so mouth watering lolz never mind man you are a Great Sage !!!

[Iris]

Hello FXInvestor...Everyone....

Riding that Sterling South Reversal........by Timing the Wave.....

Exited the Sell Gbp/Jpy 240.80<>240.60 @ 237.30 on All Positions for 330+ per lot on the South Reversal which has a current Low @ 236.39.

The Gbp/Jpy is in the Sell Zone once again...

Gbp/Jpy Sell Zone 238.60<>238.45

with extension Gbp/Jpy Sell Zone @ 238.85<>238.75

Targeting @ 238.10<>237.70<>237.30<>236.75

Gbp/Jpy is in the Sell Zone again for the 2nd time in Asian Sesssion after a decline in afternoon NY Session to 238.17.

Let's also watch 237.00<>236.75 for Price Discovery as we may have a follow thru decline to 236.50<>236.35.

The Gbp/Jpy Sell Zone @ 238.85<>238.75 is activated with a current Low @ 237.94 Stops @ Breakeven/Profit onto Targets...let's see how NY Session develops.

The 2nd Gbp/Jpy Sell Zone @ 238.85/75/60 is developing nicely in NY Session with a current test/break @ 237.69 important to a further decline onto 237.30<>237.00<>236.75 Targets as a sizable Sell Position is building again.

Cable the Sterling Crosses have achieved sizable gains on this weeks South Reversal.

IRIS FX

[Iris]

Hello Everyone...........

We have Exited All Cable 1st/2nd Sell Positions @ 1.9570 to re-Postion as we achieved the follow thru that I was factoring.

1st Cable Sell Zone 1.9770...Exited @ 1.9570...200pips.
2nd Cable Sell Zone @ 1.9730...Exited @ 1.9570...160pips.

Cable's South Reversal posted a week ago is reality today with a current Low @ 1.9570.

Cable is forming another Sell Zone @ 1.9625<>1.9610....

Cable Sell Zone @ 1.9625<>1.9610

Targeting @ 1.9570<>1.9550<>1.9535

Let's see if NY Session will give us our Sell Entry Zone on a pullback to Target 1.9550<>1.9535 Support Target Exit into the Close to finish an ousting week in Selling the Sterling.

IRIS FX

[Iris]

Hello Everyone.......

Cable is forming another Sell Zone @ 1.9625<>1.9610....

Cable Sell Zone @ 1.9625<>1.9610

Targeting @ 1.9570<>1.9550<>1.9535

Let's see if NY Session will give us our Sell Entry Zone on a pullback to Target 1.9550<>1.9535 Support Target Exit into the Close to finish an ousting week in Selling the Sterling.

Cable provides us another Sell @ 1.9614 let's see if we can achieve a Sell @1.9620/25 in the lunch hour NY Session leading into afternoon New York into the Close as we approach a pullback to the High @ 1.9614/17 of NY Session.

IRIS FX

[q827]

Excellent analyses of the GBP Iris.

It would all seem to suggest the GBP/USD has enough steam to decline even a little more this upcoming week before the bulls retake the market here once again.

[FXInvestor]

hey guys

any views to share ?

assume Iris has been short for quite a while now.