Best Thread Live Trading and General Chat Lounge

Gbpusd

Upside follow thru on yesterday's daily candle was always the greater probability...and so it has occurred so far....testing 85.4% fib of the 5220-4830 move at the current hi and the 1st 1/2 of a previous 1hr swing hi zone/Daily R1 area...a wider previous daily swing hi zone extends to 5197 then 5219...price at 79% of 20 day atr at hi and 160% 20 week atr now....Fibs a plenty on the way up...eg 23.6% of the 6349-4830 is at 5186.

G/L
 

Attachments

  • 1hr.jpg
    1hr.jpg
    206 KB · Views: 131
Couple of fibs and a previous 4hr/daily swing hi at the current hi - G/L with the short ...hope you haven't jumped out in front of a steamroller to pick up a penny lol !

sell eur/usd at 1.3058 stop at 1.3072
 

Attachments

  • z.jpg
    z.jpg
    148.2 KB · Views: 133
Added: it depends what level they want - shouldn't be problem to 195 imo

I may sell it if gbp/usd goes above 200 although it's Friday (I haven't been very successful with catching Friday's reversals lately - that's why I'm a bit reluctant to jump in)

Added: ideally short around 215 (maybe)
 
Last edited:
May stop for today now.
3 out of 3 which is pretty rare.
+61

Back at work next week so no more calls from me for a while! :(

Been nice being able to post for the last 3 days, though!
live calls were:
wed +52
thur +15
fri +61

If only it were always like that!

Excellent PB:clap:(y)
I would most likely stop it after 3 out of 3
 
May stop for today now.
3 out of 3 which is pretty rare.
+61

Back at work next week so no more calls from me for a while! :(

Been nice being able to post for the last 3 days, though!
live calls were:
wed +52
thur +15
fri +61

If only it were always like that!

nice PB see you soon
 
Hi Zen
took a similar GBP trade but just a few points earlier than you , it went up to 30 points but now retraced a bit and small spike down so -10 but will keep it going. Have a 40 point stop
 
Top