Aud/usd
Methinks the Aussie is headed briefly upward before a great big tumble. I would be willing to sell the Aussie at 0.9290 during the European session tonight and then target the 0.9200 level.
I will probably hold a bit in the hopes of a lower target, though.
Happy Trading!
Methinks the Aussie is headed briefly upward before a great big tumble. I would be willing to sell the Aussie at 0.9290 during the European session tonight and then target the 0.9200 level.
I will probably hold a bit in the hopes of a lower target, though.
Happy Trading!
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Re: Aud/usd
This bounced hard off of 0.9160 so I exited at ) 0.9250 for +40 pips, I do not think 0.9120 is likely at this stage.
This bounced hard off of 0.9160 so I exited at ) 0.9250 for +40 pips, I do not think 0.9120 is likely at this stage.
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Yes.
Psychologically it is much easier to take some profit at the first target. The second target is great to achieve if you can, but by the time target 1 is achieved I usually move my stop to breakeven on the remaining lots.
Sorry I have been away from this forum, I just saw your question today.
Thank you for the kind words, Bangkoker.
Gbp/usd
I will be watching the GBP/USD very closely. As I "see" the weekly chart, this pair is going to probably hit some serious resistance up here at 1.5800
It is very likely that this pair will have difficulty getting through this level, so I will certainly keep an eye on this pair up here to see if perhaps I may be able to short it. I think it is highly likely that in the next few weeks we see the GBP/USD start to trade lower. Time will tell on this one...
I will be watching the GBP/USD very closely. As I "see" the weekly chart, this pair is going to probably hit some serious resistance up here at 1.5800
It is very likely that this pair will have difficulty getting through this level, so I will certainly keep an eye on this pair up here to see if perhaps I may be able to short it. I think it is highly likely that in the next few weeks we see the GBP/USD start to trade lower. Time will tell on this one...
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Another Pound Trade
I will sell the GBP/USD during the EUR session today, probably around 1.5770, at least I hope it gets this high
I will target 1.5540 first, then target 1.5350 next.
If the first target is hit I will move my stop to +10 pips or so.
Hope you all have a great weekend!
I will sell the GBP/USD during the EUR session today, probably around 1.5770, at least I hope it gets this high
I will target 1.5540 first, then target 1.5350 next.
If the first target is hit I will move my stop to +10 pips or so.
Hope you all have a great weekend!
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Re: Another Pound Trade
Stoploss at 1.5920
I will sell the GBP/USD during the EUR session today, probably around 1.5770, at least I hope it gets this high
I will target 1.5540 first, then target 1.5350 next.
If the first target is hit I will move my stop to +10 pips or so.
Hope you all have a great weekend!
Stoploss at 1.5920
Re: Another Pound Trade
The Pound is off to the races, so I think I will not enter this trade. I was really hoping for serious resistance at the 1.5800 level and the pair has so far just blown by that area and has traded much much higher.
I will sell the GBP/USD during the EUR session today, probably around 1.5770, at least I hope it gets this high
I will target 1.5540 first, then target 1.5350 next.
If the first target is hit I will move my stop to +10 pips or so.
Hope you all have a great weekend!
The Pound is off to the races, so I think I will not enter this trade. I was really hoping for serious resistance at the 1.5800 level and the pair has so far just blown by that area and has traded much much higher.
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Thanks JWBear, I think I will come back, was not sure if anyone was interested in hearing my trades, and - to be honest - sometimes I forget to post them....
The_Snowman
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