Forex trading live calls and set ups

I am thinking of closing this thread (Beachtrader voted a No)


  • Total voters
    29
  • Poll closed .
Done trading for now. Be back for the Asian open. AUD employment figures out tonight so might drive the market a bit.

Peter
 
buy gbp/usd @ 1.6122 stop @ 1.6065
still holding my 3 positions against the yen and currently +100 and still holding
 
just an observation, Flashy, but do you consider GU and EU to be correlated?
if you believe they are, arent you effectively taking a double position?
 
just an observation, Flashy, but do you consider GU and EU to be correlated?
if you believe they are, arent you effectively taking a double position?

correct,most of time they are correlated so give signals at same time.Sometimes also eur/jpy and eur/gbp correlated with them,could have 4 signals at once
 
this week the market seems to be moving quickly once direction decided.

I am finding I am getting left behind, as the moves are quick, and my indicators are slow to catch up.
I think the PA breakout players are making the money this week.
 
this week the market seems to be moving quickly once direction decided.

I am finding I am getting left behind, as the moves are quick, and my indicators are slow to catch up.
I think the PA breakout players are making the money this week.

my situation is worsethan that.The market retraces rapidly to my entry point, i jump on and it reverses. It does this a few times and then gets the final direction,by then ive done 60 pips:mad:
 
short gbp again at 1.6145 s/l 18

its gone up come down and triggered me again, this si so alien to me taking same trade at similar price after losing 20 pips on it
 
Good morning.

Looking for a reasonable set up on EU. Today - G20 meeting (yet again).
 

Attachments

  • e1.JPG
    e1.JPG
    135.4 KB · Views: 126
GU seems to have made a decent range to breakout of. 1.618 (Fib!!!!) and 1.612.
nice and neat and clear.
 
Top