Best Thread GBP/USD 5min setups

[ChowClown]

...survived that spike down by 0.6 of a pip

 

[ChowClown]

..will take some off at 45.

2/5ths off @45, +1.94% now locked in.

 

[ChowClown]

2/5ths off @45, +1.94% now locked in.

2nd tgt pivot, around 65.

 

[ChowClown]

Stops now at 3812. This one has an initial sl of 10.4 pips so the 1% risk goes a tad further. +0.67% now locked in.

Stops to 20, +2.40% locked in.

 

[ChowClown]

Stops to 20, +2.40% locked in.

...stops to 30, +2.98% locked.

 

[ChowClown]

...stops to 30, +2.98% locked.

Stops filled. +2.98%, wk: +2.31%. Yeeeesssss.

Edit: 15:41 - enough for me today. Back tomorrow.

 

[ChowClown]

GU - i'm long from 5865, looking for 95, initial sl 5846. My MT platform is down so just trading the round numbers in the absence of the usual s&r lines i refer to.

 

[ChowClown]

GU - i'm long from 5865, looking for 95, initial sl 5846. My MT platform is down so just trading the round numbers in the absence of the usual s&r lines i refer to.

stops to b/e, not sure this will have the legs for the tgt.

Edit: 09:54 - have MT charts back again and significant R at current level, so expecting the b/e fill and looking for the short entry.

Edit: 10:04 - b/e stops filled. Flat. Waiting for poss GU short..

 

[ChowClown]

GU - short 5860, initial sl 5873, tgting 5825-30 zone.

 

[ChowClown]

GU - short 5860, initial sl 5873, tgting 5825-30 zone.

..if it gets there, will take 3/5ths off around 45 and move remaining stops to b/e.

Edit: 10:29 - stops to b/e.
Edit: 10:34 - b/e filled, got down to 48 so missed the 1st TP. Flat.

 

[ChowClown]

GU - scaling into GU, short from 5858 and further entry pending @45....liked the look of the 15min reversal PA off monthly R.

 

[ChowClown]

GU - scaling into GU, short from 5858 and further entry pending @45....liked the look of the 15min reversal PA off monthly R.

2nd scalein filled @45...tgting support levels c20-30 initially with 3/5ths.

 

[ChowClown]

2nd scalein filled @45...tgting support levels c20-30 initially with 3/5ths.

...hmm just spotted weekly level in play around 50...finger on trigger to bail if 15min closes above.

Edit: 11:35 - still in, my wkly level is at 54 and there hasn't been a 15min close above yet, although indecision is evident now...will hang on for the time being.

 

[ChowClown]

...hmm just spotted weekly level in play around 50...finger on trigger to bail if 15min closes above.

Edit: 11:35 - still in, my wkly level is at 54 and there hasn't been a 15min close above yet, although indecision is evident now...will hang on for the time being.

Exited, not enough momentum and I have to leave the office for a while. Will update results later.

 

[ChowClown]

Exited, not enough momentum and I have to leave the office for a while. Will update results later.

...well, price hit 5833, 3 pips from initial tgt zone. Near b/e result though for me, netted +0.08%. Wk: +2.39%.

 

[ChowClown]

Unable to trade yesterday afternoon and not in on the jinks up so far (GU & EU). Watching and waiting for the time being.

 

[ChowClown]

EU - short 4079, initial sl 4103, 1st tgt 4058...counter intra trend so reducing risk to 0.25%.

 

[ChowClown]

EU - short 4079, initial sl 4103, 1st tgt 4058...counter intra trend so reducing risk to 0.25%.

1st tgt (4058) hit, 3/5ths off and stops to b/e.

 

[ChowClown]

1st tgt (4058) hit, 3/5ths off and stops to b/e.

Next tgt 4047, a daily R level which could easily switch to S.

 

[ChowClown]

1st tgt (4058) hit, 3/5ths off and stops to b/e.

stops to 4075. DOW Futs lifting..