Come on just a little higher and then down we go!
Hopefully your 50% is way below 845, my SL
Cable Update (GBPUSD)
- #175,142
- Oct 12, 2009 5:44am Oct 12, 2009 5:44am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
- #175,144
- Oct 12, 2009 5:53am Oct 12, 2009 5:53am
Hi Antic, hope you're well
Hopefully your 50% is way below 845, my SL
Hey bud,
Hows things in the land of sunshine?
Yeah, its hit, I think I will wait to see what happens before rushing the sell, may go for a 61.8 instead, depending on the candles strength...getting late in the day for London session, so not sure if it will go down again or ppl start taking profits and this is infact a pull back...
Yep...going strong towards the 61.8 now...
- #175,145
- Oct 12, 2009 6:14am Oct 12, 2009 6:14am
How do you work out the price target?
On a downtrend, the last swing high minus the swing low. Add this result to the price at trend break = price target area. Just another thing to keep an eye on. We got to about 10 pips off the 61.8%!! Let's see what happens from here
The trend is not your friend, it's your master.
- #175,147
- Oct 12, 2009 6:20am Oct 12, 2009 6:20am
- Joined Oct 2009 | Status: Trader | 1,342 Posts
Greetings to you all.
it seems that she will touch the 50% fib this week (friday)
let's see.
it seems that she will touch the 50% fib this week (friday
)let's see.
- #175,148
- Oct 12, 2009 6:21am Oct 12, 2009 6:21am
G'day,
On a downtrend, the last swing high minus the swing low. Add this result to the price at trend break = price target area. Just another thing to keep an eye on. We got to about 10 pips off the 61.8%!! Let's see what happens from here
Yeah, shes just floating on the 50% at the moment, so I am not yet in...I run a tight stop of just 20 pips so timing is everything!
Also a slight concern that there is no US market today so could have a influence on the price action this arfternoon...
- #175,155
- Oct 12, 2009 6:53am Oct 12, 2009 6:53am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
On The Wires:
If the BoE does decide to stop QE in November the big buyer in the
gilt market will no longer be present and this will likely see greater upside
pressure on gilt yields as the market searches for the true supply/demand
equilibrium.
1.5300, Huh?
Not A Freaking Chance In This Decade!!!!I'm looking forward to my case of BEERS.....
If the BoE does decide to stop QE in November the big buyer in the
gilt market will no longer be present and this will likely see greater upside
pressure on gilt yields as the market searches for the true supply/demand
equilibrium.
1.5300, Huh?
Not A Freaking Chance In This Decade!!!!I'm looking forward to my case of BEERS.....
Hear the music before the song is over ...
- #175,157
- Oct 12, 2009 6:56am Oct 12, 2009 6:56am
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #175,158
- Oct 12, 2009 7:00am Oct 12, 2009 7:00am
- Joined Mar 2009 | Status: FX | 3,789 Posts
On The Wires:
If the BoE does decide to stop QE in November the big buyer in the
gilt market will no longer be present and this will likely see greater upside
pressure on gilt yields as the market searches for the true supply/demand
equilibrium.
1.5300, Huh?
Not A Freaking Chance In This Decade!!!!I'm looking forward to my case of BEERS.....
Oh and 1 for Wormie too..
Veni, Vidi, Vici (We came, we saw, we conquered)
- #175,160
- Oct 12, 2009 7:04am Oct 12, 2009 7:04am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
I don't want the case, I just want 1 BEER from you
Oh and 1 for Wormie too..
me gets one from each of you dudes which translates to at least one Cool Case of B E E RS....aint that sweet?
Hear the music before the song is over ...