...will take all off at 3950 if it gets there.
Edit: Exited @49. +2.2%, wk: +0.89%, Mth: +2.75%.
Best Thread GBP/USD 5min setups
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...will take all off at 3950 if it gets there.
Edit: Exited @49. +2.2%, wk: +0.89%, Mth: +2.75%.
ZEW data lifting EU, will enter long should the switch hold above 30.
Filled, 1st tgt around 5800, initial sl 5854.
Long order @3953, initial sl 3932, 1st tgt 3970.
Edit: 10:31 - will move order to better entry assuming switch holds.
...if this goes to plan there's a fib extension tgt from the hrly GU chart which coincides with yearly and monthly levels @5665-5675, it will probably reach this level, my challenge is to stay in long enough.
Edit: 10:42 - my GU signal is still short even though equity futs are rising and EU is gathering strength again...times like this I want to bail but must stick to plan.
Very poor CBI report acting as breakdown catalyst, trade still all in for the time being, want to ride this one as long as i can.
EU entry setups abandoned for time being - full attention on the GU short.
2nd tgt 5755.
Stops to b/e. Hrly pin forming although 15mins to go...
Edit: 12:00 - stops to 805. Don't want to leave this one without something. Locks in 0.53%.
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Stops now @87. Locks in 1.09%.
GU - 2nd tgt zone hit....still all in 'tho.
Rejection of Monthly Pivot @ 5730ish, need to watch closely now...not in the EU short btw.
Stops @73, locking in 1.53%.
..another assault on the monthly pivot underway, moved stops to 57 locking in 2.03%.
All out @43. +2.47%, wk: +2.36%, Mth: +4.22%.
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