Trade taken as price reached Daily Pivot point and 50 Fib level, first target is 10 to 15 pips and will consider move SL to BE
Partial Profit taken @ 1.61666
TP1 met @ 78.6 fib level and now moved SL to BE
Still holding Long Position my target is 100 fib level @ 1.62019
Pending long order @61570, m5 slide atm
Moved SL Now @ 1.614592
Well done on your GU target - above that now - nice one - regards Peter
Thanks Peter, Target Met @ 1.62019, Partial profit taken and Moved SL @ 1.61983 and final target is 78.6 Fib Fan level, lets see, how it goes
Target met trade close @ 1.62302
Only caught bits of GU and GJ which as done a new high. Just prior to half hr change with markets open the GU shot up approximately 30 pips in 5 minutes - meanwhile the EU only moved about 4 pips ;-)))
Coming up to 3pm UK time and 10am NY time and for me GU is hitting another ressitance area around 6255 to 62 area. I can see on Rocky's chart a 161 fib at 6286 area - but I reckon its needs a rest and a pullback before then. Its still in its up bias channel for the sessions but after a 100+ rise you tend to think 15 -25 pip pullback would be nothing unusual ??
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