Currency Trading (Nov 13th > Nov 17th)

Where will GBPUSD close at end of week?

  • Higher:150 or more pips higher than last Fridays close

    Votes: 4 19.0%
  • Same: Less than 150 pips from last Fridays close.

    Votes: 4 19.0%
  • Lower: 150 pips or more lower than last Fridays close.

    Votes: 3 14.3%
  • Not bovvered - I go where the waves send me

    Votes: 7 33.3%
  • Most of my trades last 30 minutes or less (scalp)

    Votes: 2 9.5%
  • Most of my trades last 2 hours or less (session open related)

    Votes: 5 23.8%
  • Most of my trades last 8 hours or less (intra-session)

    Votes: 4 19.0%
  • Most of my trades last 24 hours or less ( daily pattern)

    Votes: 2 9.5%
  • Most of my trades last more than one day (swing)

    Votes: 4 19.0%

  • Total voters
    21
  • Poll closed .
8pips i think.. which isnt great..

but then again its to catch the spikes, not the slow moves which we have here
 
FetteredChinos said:
8pips i think.. which isnt great..

but then again its to catch the spikes, not the slow moves which we have here

Did you add commision to that, or that without it?
 
profit taken @ +50..

so +20 for the pair..

took 2 hours though, not quite what i was hoping for..

still, lets try again tomorrow.

fc
 
Legion said:
Legion Buy USD/CHF 1.2367

if your trading it stop 1.2349
I wont be watchin it but a signal has popped on the radar so will not be able to inform exit hence stop given for anyone who may.. you dont wont to be wrapped in any downturn..


well despite The wife announcing The Phone engineers have just cust the line for a few mins to test the line, so i missed the mini markup closed 1.2410, :eek:

Short the same, 1.2410 default stop i note is at 1.2433 counter new upturn for the pair so short tern short, looking to get long this afternoon, unless all changes.

anyone note euro numbers how it acts @ 30 & 40/45 as frequent break points continuation points ......?
 
Short from 101 earlier this morning and hoping for a test of support just below 19000. We haven't had a day when the market has moved one way all day for ages. Let's hope it is today
 
FetteredChinos said:
profit taken @ +50..

so +20 for the pair..

took 2 hours though, not quite what i was hoping for..

still, lets try again tomorrow.

fc

Not bad. Maybe you should lower your SL to only 20 pips?
 
This is what I am looking at. This GBPUSD seems to like the fib channel from the 14th and 24th october upwards trendline. If it breaks that (unlikely) then theres another trendline in blue for it to bounce off of. Though could wait for that FxTrend to signal "blue".
 

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Sterling looks really weak. If I was going to take a short dollar position, I think I'd chose the EUR or CHF. Still looking for a test of 1.90 on Cable
 
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