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Galation replied Dec 21, 2008I don't think it will drop below 1.25.
Can the GBP reach parity with USD ?
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Galation replied Dec 19, 2008Nice one, I had a quick scan at it, I will have a deeper look in a bit, it looks good. Are you a divergence trader then? Do you ever spread trade with divergence?
EURUSD
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Galation replied Dec 19, 2008You speak with great mystery
Or maybe you're talking about the GBP/USD
EURUSD
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Galation replied Dec 19, 2008Yeah, that's a possible future fib, if it retraces from this support level.
EURUSD
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Galation replied Dec 19, 2008The longer it ranges, the more people who will add short and long limit orders above and below support levels, therefore the bigger the breakout.
EURUSD
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Galation replied Dec 19, 2008Options 1. Change of direction 2. Indecision 3. Gone to the shop to buy amazing Christmas presents

EURUSD
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Galation replied Dec 19, 2008The reason why is because the market movers have stopped selling.
EURUSD
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Galation replied Dec 19, 2008Some resistance at 1.39 which happens to be the fibonacci 38.2%
EURUSD
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Galation replied Dec 19, 2008Support/Resistance/Pivot — S3 - 1.3503 S2 - 1.3841 S1 - 1.4043 Pivot - 1.4381 R1 - 1.4583 R2 - 1.4921 R3 - 1.5123
EURUSD
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Galation replied Dec 19, 2008The fear of missing out is something which you want to curb and get rid of. There are ALWAYS opportunities in the market. Don't fall into the trap which so many newbies fall into.

EURUSD
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Galation replied Dec 18, 2008I know what you mean about the price movement on the Eur/Jpy. I like trading this pair. My broker, MBTrading, has a pretty decent spread on this pair. The E/J thread has also gone a bit dry on FF

EURUSD