Forex trading live calls and set ups

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


  • Total voters
    29
  • Poll closed .
I will enter UJ long again above yellow line, want to see it break out of blue box.
 

Attachments

  • 091216UJ.PNG
    091216UJ.PNG
    32.6 KB · Views: 180
Had EG short @8676. Already out at 8613. Was too quick to post it beforehand.

My initial plan was to to short cable at 1.6175. When cable failed to come back to that level, a quick EG short seemed a good exploit. :) IF cable remained above 1.62, re-entry short EG at 8675 area is possible.
 

Attachments

  • 091218EG1.PNG
    091218EG1.PNG
    16.2 KB · Views: 151
Last edited:
Sterling seems to be unshaken with PSBR news. Probably it was leaked earlier today, hence the spike in GU and EG.
 
I shorted EG for its weakness. Once it is oversold, then I might try shorting GU if it's still around 1.6240.
 
Position sizing ratio of EG: GU = 24:18

EG 60ATR = 15
GU 60ATR = 35

Risk per trade is equal in $ amount.
 
EG out with few + pips. I'll let cable run its course. Stay short below 1.6200.
 
Top