GBP/USD 5min setups

This is a discussion on GBP/USD 5min setups within the Trading Journals forums, part of the New Traders category; Originally Posted by ChowClown 50% off @24, as it's the 50% retrace of the latest swing i'm monitoring. 0.38% profit ...

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Old Nov 11, 2010, 9:39am   #417
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Default Re: GBP/USD 5min setups
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50% off @24, as it's the 50% retrace of the latest swing i'm monitoring. 0.38% profit locked.
Stops filled and flat now for the day. 0.19% (wk: 2.24%, mth: 2.24%).
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Last edited by ChowClown; Nov 11, 2010 at 10:15am. Reason: typo
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Old Nov 12, 2010, 4:01am   #418
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ChowClown started this thread Unable to focus on trading today, as in meetings from 10:30 but EU looks interesting at this level from 5min supply/resistance pov.
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Old Nov 12, 2010, 4:04am   #419
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ChowClown started this thread ...and the 5min GU for reference.
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Old Nov 12, 2010, 10:42am   #420
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ChowClown started this thread EU - back from meetings and currently short filled from 3741.8, trailing stops with +11 pips locked so far. Oanda chart with entry and MT4 chart with trade justification attached...a nice move away from previous supply (resistance).
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Old Nov 12, 2010, 10:59am   #421
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EU - back from meetings and currently short filled from 3741.8, trailing stops with +11 pips locked so far. Oanda chart with entry and MT4 chart with trade justification attached...a nice move away from previous supply (resistance).
stops to 3712, RN battle beginning...0.5% locked.
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Old Nov 12, 2010, 11:05am   #422
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stops to 3712, RN battle beginning...0.5% locked.
...and filled. 0.5% (wk: 2.74%, mth: 2.74%). That's it for this wk for me. It's been a tricky few days and hope you have carved out profit for yourselves too. Until Monday.
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Old Nov 12, 2010, 3:36pm   #423
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...and filled. 0.5% (wk: 2.74%, mth: 2.74%). That's it for this wk for me. It's been a tricky few days and hope you have carved out profit for yourselves too. Until Monday.

well done mate good week for you geat come back we can all learn something from that, stick to the plan and your system will preveil
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Old Nov 15, 2010, 6:16am   #424
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ChowClown started this thread Still watching/waiting EU & GU. Caution on GU longs as price is currently below weekly and daily pivots sitting just below the RN. Nothing jumping out just yet.
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