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 top trader both eu and cable seem to move with DOW/FT. short at 15822, today's res. is ...

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Old Sep 28, 2010, 5:18am   #89
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both eu and cable seem to move with DOW/FT.

short at 15822, today's res. is at 15780
...where's your stop on this one? 20 adrift now?
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Old Sep 28, 2010, 5:20am   #90
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normally 50.
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Old Sep 28, 2010, 5:26am   #91
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EU - long 3422, initial stops 3394, will be taking some off quickly @3429
1st scaleout filled...
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Old Sep 28, 2010, 5:39am   #92
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EU - long 3422, initial stops 3394, will be taking some off quickly @3429, tgts then open up to 3450 and 3480..
2nd scaleout filled @ 3450 and stops to b/e. Free ride now can do what it likes.
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Old Sep 28, 2010, 6:00am   #93
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ChowClown started this thread 3rd scaleout filled @ 3480, stops to 3440.
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Old Sep 28, 2010, 6:06am   #94
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ChowClown started this thread ...if it has the legs 4th scaleout will be 3510 and i'll take the final lot off at 3528.
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Old Sep 28, 2010, 6:08am   #95
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ChowClown started this thread ..stops to 3471, want to lock in more on this now..
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Old Sep 28, 2010, 6:30am   #96
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..stops to 3471, want to lock in more on this now..
..filled. +1.38%, wk: +1.55%.
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