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- thirtypips replied Apr 9, 2010
My thoughts exactly. 1.5380 is 61.8 Fib from 1.5793 to 1.4784 if we take them as the previous TOP and BOTTOM. If we then take Previous Bottom to Today's High, a 38.2% Retracement will be back to 1.5163. Just some thoughts. I have a SELL in at 1.5380 ...
- thirtypips replied Apr 9, 2010
Has anyone done any Fibonacci Retracement levels on the GU and if so, what Top and Bottom are you using?
- thirtypips replied Jan 25, 2010
I went long this morning at 1.6110 as my H4 Trend lines indicate we could be at a new bottom. If she breaks the Bottom H4 Trend, she will target S1 at 1.6024 where I will take another buy and then S2 at 1.5986.
- thirtypips replied Aug 2, 2009
If the Trend is your friend, then we are now at the TOP of the H4 Trend line. I went Short on Friday night at 1.6710. Will see how it goes.
- thirtypips replied Jul 23, 2009
Dow is just about to hit 9000. New Year HIGH
- thirtypips replied Jul 23, 2009
These days, anything can happen, a good number can cause more RISK appetite making the GU to go up. Bad number can cause Risk aversion and GU will go down.
- thirtypips replied Jul 16, 2009
It looks like we are at the TOP of the New H4 Trend line so I am short @ 1.6448 from yesterday, looking for 1.6200 TP.
- thirtypips replied Jun 10, 2009
YEs, 1.6360 is not wanting to break as it was yesterday's HIGH so today's SUPPORT. I did a BUY at 1.6360, SL at 1.6325 and TP at 1.6455
- thirtypips replied Jun 10, 2009
USA Beige Book and Federal Budget Balance are out at 7pm GMT. This could have something to do with it or it is just Wednesday.
- thirtypips replied Jun 10, 2009
Yes, sorry, Buy at 1.6384 and just closed at 1.6414. Closed early with 30 pips
- thirtypips replied Jun 10, 2009
Just took a buy at 1.6484, TP at 1.6455
- thirtypips replied Jun 10, 2009
The last run up and drop was just the Bulls taking their possitions and then taking their profits, now waiting for the next run. That market has to move up and down or there are no profits to be made. I am now looking for the best possition to ...
- thirtypips replied Jun 10, 2009
Wrong Chart
- thirtypips replied Jun 10, 2009
The bottom of this mornings 5 Min Trend line appears to be providing some resistence.
- thirtypips replied Jun 3, 2009
We also have Fed Chairman Bernanke speaking in 40 min so this could just be an adjustment before he speaks. Time will tell.
- thirtypips replied Jun 3, 2009
It looks like yesterdays Resistence of 1.6585 may be today's support line.
- thirtypips replied Jun 3, 2009
I also have 1.7316 as 50%
- thirtypips replied May 27, 2009
BBA Mortgage Approvals were better than last month, an increase of 1600 but worse than Expected. Actual was 27.7K and Expected was 29.1k and last month was 26.1k
- thirtypips replied May 27, 2009
Since last Thursday, 1.5930 provided GOOD resistence but now is providing Support. Would need to break this and also 1.5900 to drop any further and I don't think 1.6000 is finished with yet. We have BBA Mortgage Approvals in 10 min. Can send it ...
- thirtypips replied May 27, 2009
A currency will go down if there are Sellers and UP is there are buyers so if there are enough Sellers that are waiting for GU to hit 38% Fib, then it will drop. Maybe this is what everyone is waiting for and then they will ALL jump in. If she drops ...