CatFx50 - page 445

Dave1
231
Dave1  

eur/usd, fibo level 38% is proving a stickler at the moment for the break out up.

guibermc
34
guibermc  
harold4x:
with the way the 3 emas are lying right on top of one another on gbp there will be a super move today dont know which way but i venture long

Hello harold, i agree, and most likely with Bernanke speech @ 10 (NY), he might say something that triggers the move, and the wayhe has been affecting the market support your view.

harold4x
758
harold4x  

price already bounced off mm level and daily pp is 10 pips below nice support no news so lets wait and see how this plays out after news in 10 min

harold4x
758
harold4x  

long gbp 38

downunderdave40
156
downunderdave40  

MM and PP Levels

harold4x:
price already bounced off mm level and daily pp is 10 pips below nice support no news so lets wait and see how this plays out after news in 10 min

Hi Harold,

What is the MM and PP level. If PP is Pivot Point it's more than 10 pips below current GBP price. Sorry for such a basic question.

Dave

sovo1970
80
sovo1970  
harold4x long gbp 38

sorry to ask you a question. how do you determine to enter long at this level. thanks

sovo1970
80
sovo1970  

oh, sorry , I was looking at the wrong set up. thanks harold4x.

dellan
212
dellan  

news came good

so what we can do?

harold4x
758
harold4x  

was able to get 10

downunderdave40
156
downunderdave40  

Eur

harold4x:
was able to get 10

Harold,

Not sure how you do it. I just lost 10 om ERU news with long position.

Dave