Best Thread GBP/USD 5min setups

[ChowClown]

EU - if she breaks up the pivot R around 3915-30 might be interesting to watch.

 

[ChowClown]

Not liking the pa on this now, so will attempt a small win/be exit soon.

Edit: EU testing resistance again, make or break soon for both pairs i think.

stops to b/e now on GU.

Edit: weekly R next tgt...5935ish.
Edit: will trail more tightly now that EU is nearing daily pivot, there's reasonable correlation today.
Edit: stops on remaining lots to 5895.

 

[ChowClown]

Edit: stops on remaining lots to 5895.

5895 Filled. +0.35%. Wk: +1.15%. Keeping an eye on EU now around today's R level.

 

[ChowClown]

EU - 15min IB @ res...if it were earlier in the day, i'd be tempted to short a breakdown of the IB. Good luck if you take it 🙂

Edit: void!

 

[ChowClown]

Morning, lots of GU/EU news today to be wary of. EU now at Daily and Monthly R levels, GU still range bound and looking choppy - favouring EU for 1st setup today.

 

[ChowClown]

EU - short off the pivots (3977)..target down around last demand (3940ish).

 

[ChowClown]

Indecision on the 15min, so stops to b/e as this is CT.

Edit: b/e stops filled.

 

[ChowClown]

EU - short again 3965, same initial tgt zone - the breakout area long from 7:30. Looking to long from that level (3940ish).

Edit1: ...if there's a 15min close above the daily R i'll take the loss.
Edit2: Closed for loss. -0.25%, wk: +0.90%. Flat now until after ECB.

 

[ChowClown]

EU, looking to short again now...around 77.

 

[ChowClown]

OK, EU filled short again, on revisit of this morning's 'supply', maybe this time it'll work. Again, looking for price to reach those buyers @c3940.

Edit: another -0.25% loss. wk: +0.65%. No more for me today.

 

[ChowClown]

..classic, slapped right into the demand area from this morning...need to work on my timing.

 

[ChowClown]

Morning, NFP later so any trades beforehand are likely to be quick scalps. GU now at resistance (daily, weekly and monthly!), will probably short from a 15min bearish candle.

 

[ChowClown]

..bang! filled short, nice momentum off this R level.

 

[ChowClown]

50% off at 45, stops to b/e.

 

[ChowClown]

..looking for 32 on rest and that will do.

 

[ChowClown]

...out at 42, too vol for me to hang on longer.

 

[ChowClown]

Result: +1.59%, wk: +2.24%. Encouraging to see the final tgt being hit @32, 2 pips from the turn from monthly support - but the PA scared me off before it got there. Sidelines now until after NFP.

 

[ChowClown]

GU at the strong R level again and the PA appears bearish atm on verge of breaking down, i won't be taking it.

 

[ChowClown]

GU, long - testing the RS switch..1st tgt 17, then 47.

1st tgt filled (5917) and stops to b/e.

stops up to 5922 to lock in +2.21%.

stops to 5932.

2nd tgt filled (5947).

 

[ChowClown]

3rd tgt 5970...wonder if it has the legs.

stops to 5937.
15:08 stops to 5944.