Best Thread GBP/USD 5min setups

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G'Day - first trade today EU, i'm in from 4026, looking for 4000 initially. Initial stops above Daily_R2 @46.
 

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As an experiment this week based on how my day trades usually pan out, i will not be scaling out in the same way. I'll be aiming for 20-30 pips per trade and if momentum blows through will snatch as many more as possible before the next bounce/rejection from levels of interest.
 
On the sidelines all day yesterday. Watching GU now as it approaches today's pivot around 5720,sweet fib setup developing.
 
On the sidelines all day yesterday. Watching GU now as it approaches today's pivot around 5720,sweet fib setup developing.

Now short from 5802, will try and keep this one on for the full swing tgting pivots and fib exts around the 5620-30 level. Current stoploss 5833. 0.5% risk.
 

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..now long GU from 5829.

Edit: 10:40 - 50% off at +30, stops to b/e..0.5% risk again with a useful 11 pip sl, so 0.68% locked in now.
 

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..now long GU from 5829.

Edit: 10:40 - 50% off at +30, stops to b/e..0.5% risk again with a useful 11 pip sl, so 0.68% locked in now.

Stops to 5845. 1.18% locked in.

Edit: stops filled. 1.18%, wk: 2.09%, mth: 7.43%.
 
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GU - short order in @5829...

Edit: 12:25 - short @29 filled...1st tgt pivot @5810. 0.5% risk.
 
..now long GU from 5829.

Edit: 10:40 - 50% off at +30, stops to b/e..0.5% risk again with a useful 11 pip sl, so 0.68% locked in now.
Was it the pin and the couple of closes above 5820 (plus pivot points) that induced your long:)
 
Was it the pin and the couple of closes above 5820 (plus pivot points) that induced your long:)

Yes, several bits slotting together on the long. I took a loss on a short from the pivot earlier. I didn't account for the price action leading up to the pivot, which was clearly long and strong.
 
EU - short 3805, 0.5% risk, sl 3827...tgting 3765.
 

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