GBP/USD 5min setups

[ChowClown]

Gu2

GU long 6013 from the 5min 123...work busy now, so set & forget for 1:1.

 

[ChowClown]

GU update & EU

...thankfully holding onto the GU long was an OK decision. Also long EU now from a 15min trigger.

Edit: stops to b/e on both now.
Edit: EU taken off 80% @+13.

 

[ChowClown]

Gu

...like the look of this 15min pa, so a long order pending @6136. Fib play too from the 38.2, will tgt 138.2 ext initially around 6170-75. Initial stoploss below the most recent 15min low (6121).

edit: need to leave office for a while, so cancelling order for now..

 

[ChowClown]

I accepted a job with Oracle last week, so all change (again!) from 3rd March. I'll be unable to journal in the same way but i intend to keep posting when I can. With this change i'll be trading 1hr setups, using entries off the 15, still using the same trusty tools (fibs and pivots).

 

[redart]

Giss a job!
Good luck.

 

[ChowClown]

thanks pal.

 

[pocrel]

I accepted a job with Oracle last week, so all change (again!) from 3rd March. I'll be unable to journal in the same way but i intend to keep posting when I can. With this change i'll be trading 1hr setups, using entries off the 15, still using the same trusty tools (fibs and pivots).

best of luck with that Simon

congrads:clap:

 

[ChowClown]

Cheers, Pat. Appreciated

 

[ChowClown]

Gu

...long @6237, tgting 6300.

Edit: stopped out.

 

[HAL 9000]

lol, trust me to get here just as the party is over

good luck in your new job mate, hope it works out for you.

 

[ChowClown]

Eu

...this long took me by surprise, but zooming out to higher TF gave a big clue ...will hopefully make up for yesterday's loss and then some, still fully loaded on this momentum with stops now @be.

Edit: 11:38 - Monday's low being tested so will TP on a 5min 123 break short for the trip back down..
Edit: 11:56 - not done yet, momentum kicking in again. +80ish atm.

 

[ChowClown]

lol, trust me to get here just as the party is over

good luck in your new job mate, hope it works out for you.

Thanks Hal, i'll still be knocking around here.

 

[ChowClown]

Re: Eu

...this long took me by surprise, but zooming out to higher TF gave a big clue ...will hopefully make up for yesterday's loss and then some, still fully loaded on this momentum with stops now @be.

Edit: 11:38 - Monday's low being tested so will TP on a 5min 123 break short for the trip back down..
Edit: 11:56 - not done yet, momentum kicking in again. +80ish atm.

Out now for +85. No more today

 

[ChowClown]

Eu

...5min off todays R1...might be a tad ambitious, but the pivot is a juicy target. I'll move stops to b/e when the PA allows and just let it go.

Edit: I should add that the 4hr chart was a first port of call before drilling down to the 5min.

 

[pocrel]

Re: Eu

...5min off todays R1...might be a tad ambitious, but the pivot is a juicy target. I'll move stops to b/e when the PA allows and just let it go.

Edit: I should add that the 4hr chart was a first port of call before drilling down to the 5min.

been short for the last couple of hours on livecalls myself on the euro lets hope the thing drop with the 2 of us in it moving the market

 

[ChowClown]

Nice one, Pat! .....Big Dog lol....i'm a runtish Shih Tzu

 

[ChowClown]

Re: Eu

...5min off todays R1...might be a tad ambitious, but the pivot is a juicy target. I'll move stops to b/e when the PA allows and just let it go.

Edit: I should add that the 4hr chart was a first port of call before drilling down to the 5min.

Out for b/e. Can always try again.

 

[ChowClown]

Eu

...back in EU long this time...took a 123 just shy of R1. Note to self: If it has the legs, watchout for 3771. Before that it has to bust through the 9th Feb R (3744).

Edit: 11:44 - plan is to take half off @3770, stops will then be moved to b/e and will hang on tgting early Feb
supply.
Edit: 12:04 - just noticed the inverse H&S on the hrly when zooming out....could be good (kiss of death...lol).

 

[ChowClown]

Re: Eu

...back in EU long this time...took a 123 just shy of R1. Note to self: If it has the legs, watchout for 3771. Before that it has to bust through the 9th Feb R (3744).

Edit: 11:44 - plan is to take half off @3770, stops will then be moved to b/e and will hang on tgting early Feb
supply.
Edit: 12:04 - just noticed the inverse H&S on the hrly when zooming out....could be good (kiss of death...lol).

Stops to b/e, not looking too clever to hang on...might be better pa during US....9th Feb supply kicking in perhaps.

 

[ChowClown]

EU - long again

R1 finally busted through US news...in long again from 3737, 1st scaleout @3770 with a move to b/e on rest and then let it go...

Edit: 15:24 - TP1 filled @3768 (+31) and stops to b/e on remainder.

Edit: 15:38 - likely final tgt zone for this trade around 3800 (weekly R1, RN) and supply/R between 3820-25.

Edit: 08:14 24th - b/e stop hit around 8pm last night.