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    • goodthings replied Apr 29, 2007

      2006 Daily Range For GBP/USD was 134 pips 2006 Daily Range For GBP/USD for this time last year was 128 pips 2007 Daily Range For GBP/USD to date is 122 pips 2007 5 Daily Daily Range For GBP/USD is 117 Pips 2007 10 Day Daily Range For GBP/USD is 117 ...

      GBP Patterns, Facts, Trivia
    • goodthings replied Apr 22, 2007

      I think trading break outs is good based on supports resistance and daily and weekly trend. That's the only way I trade the gbpjpy and eurjpy mostly after the daily supports and resistance are established and a break out from there.

      Strategy:10, by Rob Booker
    • goodthings replied Apr 22, 2007

      Here is an example of the gbpusd retracing to the weekly fib of 38.2. This one is a little hard to gauge in regards to weekly fib because the high and low for the week is estabilished mid week. At that time you would not know for sure what the ...

      Fibs
    • goodthings replied Apr 22, 2007

      In regards to fibs check out gbpusd retracing some time around 9:30 am eastern time and there after. The gbpusd retraces against the daily trends high and low to the 23.6 fib 95.8% to the 38.2 fib 85.7% and to the 50 fib 76.1% of the time. It also ...

      Fibs
    • goodthings replied Mar 27, 2007

      From Fxcm March 27. Cable has fallen to intra-day lows just shy of 1.9650 since Mervyn King began his testimony to the UK Treasury Select Committee. In addition to his earlier mentioned comments (please see story timed 08:48GMT), the BoE Governor ...

      Cable Update (GBPUSD)
    • goodthings replied Mar 27, 2007

      Yes when I can. I work during the day. I am rarely in a trade past 10am. Hey nothing is exact there has to be some type of filter. When you are looking at an exact mark with in 7 pips is a good breather. If I am aiming for the 38.2 I normally go ...

      Are Fibonacci levels overrated?
    • goodthings replied Mar 27, 2007

      The below is a quote from another thread of a fella explaining why this happens. The fib levels are taken from the days high and low to that point. The day typically starts at 5 or 6 eastern time. So you would take the high and low from that time up ...

      Are Fibonacci levels overrated?
    • goodthings replied Mar 27, 2007

      Since Jan 1 2006 up until last week the gbpusd has retraced to the below mentioned fib levels (with in 7 pips) at the end of each day or before the close of the following day. Normally well over 50% these retracements begin around 9:30 am eastern ...

      Are Fibonacci levels overrated?