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GBP/USD Perfect 50% Retracement off NFP

Discussion in 'Forex Trading Room' started by DannyBly, Jun 6, 2008.

  1. DannyBly

    DannyBly New Member

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    Fib retracements can work particularly well in periods of increased volatility - such as we saw this morning with the Employment Report. The following is a classic example - GBP/USD retraces to 50% of the initial upmove after the numbers came out - entering long at the 50% level something of a 'gimme trade' IMO :cool:

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  2. Dantist

    Dantist New Member

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    Interessnyy terminal, reference will not give?
     
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