GBP/USD 5min setups

This is a discussion on GBP/USD 5min setups within the Trading Journals forums, part of the Reception category; ...quick update as it's lunchtime - took an EU short earlier hoping for all out exit around this morning's demand ...

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Old Nov 3, 2010, 2:16pm   #344
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Re: GBP/USD 5min setups

ChowClown started this thread ...quick update as it's lunchtime - took an EU short earlier hoping for all out exit around this morning's demand between 00-07. 1% risk.
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Old Nov 3, 2010, 3:12pm   #345
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Re: GBP/USD 5min setups

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Originally Posted by ChowClown View Post
...quick update as it's lunchtime - took an EU short earlier hoping for all out exit around this morning's demand between 00-07. 1% risk.
Closed for b/e, just too jumpy for me atm.
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Old Nov 4, 2010, 5:04pm   #346
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Re: GBP/USD 5min setups

ChowClown started this thread ...another busy day at work, so amended the strat accordingly today, taking hrly signals and entries off the 15min. EU has been the first to signal and counter-trend but working out atm with stops at b/e, so no stress.

Entry 4246, risk 1%, initial sl 4265, tgting 4190-95 initially...
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Old Nov 4, 2010, 5:37pm   #347
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Re: GBP/USD 5min setups

ChowClown started this thread
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Originally Posted by ChowClown View Post
...another busy day at work, so amended the strat accordingly today, taking hrly signals and entries off the 15min. EU has been the first to signal and counter-trend but working out atm with stops at b/e, so no stress.

Entry 4246, risk 1%, initial sl 4265, tgting 4190-95 initially...
Will consider all out exit once the current 15min closes as strength north returns...
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Old Nov 4, 2010, 5:47pm   #348
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Re: GBP/USD 5min setups

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Will consider all out exit once the current 15min closes as strength north returns...
OK, 15min closed bearish so stops to just above that candle high now @33, locks in 0.64%.
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Old Nov 4, 2010, 6:13pm   #349
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Re: GBP/USD 5min setups

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OK, 15min closed bearish so stops to just above that candle high now @33, locks in 0.64%.
...same again, will see how the current 15min closes and either move stops down or go for full exit.
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Old Nov 4, 2010, 6:16pm   #350
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Re: GBP/USD 5min setups

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...same again, will see how the current 15min closes and either move stops down or go for full exit.
stops to 24. Locks in 1.16%.
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