It seems like GBP/USd is now retraceing back to pre-housing sales data. Insteresting
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Quoting merlinDislikedthat could very well cause the dollar to strengthen on the release.Ignored
Quoting smjonesDislikedRight on the nose... I just sold one of mine. So, maybe it is me that caused the problem... LOL, Scott
....Ignored
Quoting smjonesDisliked...I just sold one of mine. <LABEL class=StoryContent id=StoryContent_Content></LABEL>Ignored
Quoting merlinDislikedsmooth move dude
i sold one about a year ago, anticipating the housing crash. i was about 15% too earlyIgnored
Quoting summitfxDislikedI like Merlin's "fade that shit" philosophy.Ignored
Quoting BurgerKingDislikedLast week, I started learning Pivot Point Systems. Over at the Forex Discussion, summitfx brought up his great "Fibonacci based Pivot Point system"..
It accurately predicted 1.9063 (strong R2 resistance), 1.9022 (Pivot), and 1.8996 (1st Support).
Applying it for today's news release, GBPUSD went down to 1.8996 support level, before retracing up to Pivot point level..
Hmmm... Nice tools; wish I had it plotted earlier on the chart to give me better guide.
DARN.. GBPUSD going down now!!!!!!Ignored
Quoting hunter101DislikedTotal: + 6.5 pips. Not bad
Oww, BTW my first live trade if anyone cares ^_^Ignored