GBP/USD 123's

[Pipmaster1]

GU looks good so far! Nice start anyways!

 

[Pipmaster1]

The Asian session seemed to give price a nice push up. I have adjusted my limit as well. The ideal price action at this point would be to close over the 89 fib extension line allowing me to move my stop to b/e. The price retrace back to an area of support and giving another buy signal where I can get in with a larger position!

 

[Pipmaster1]

Well price has moved up nicely. I have moved my stop and locked in one 1 pip. No risk at this point. Since I only put 2% of risk on the table this is a pretty light position and currently only up about 5% profit. I am hoping that price will retrace back to the EMA channel and allow me to get in again is a full position.

 

[Pipmaster1]

Price move up nicely lastnight. I didn't get my deep retrace sadly, so it was just he small position. Currently up about 230 pips!

 

[Pipmaster1]

I wasn't able to post how my long GU trade turned out. Price retraced and I was able to get in long again. The 1st position had 3% of profit locked in and the 2nd position had 4% of risk. Giving this a worst case of losing 1% and an upside of 29%. Unfortunately price stopped me out not long after the London open.

 

[Pipmaster1]

Hello traders.

Went long the GU right after London opened. Just a 3:1 R:R...

 

[brad40]

Resistance at 5600, would you not have been better to wait for a break of that level?

Daily..

 

[Pipmaster1]

Yeah that hindsight is pretty good. My system gave me signal and I took it. Hopefully I'll get a good trade this coming week.

Resistance at 5600, would you not have been better to wait for a break of that level?

Daily..

 

[forexkunta]

:cheesy:

 

[FXRobinson]

I just talked with Santa Claus. Christmas rally is coming. Cash is already on the way :clap:

 

[broceta]

Hi everyone,

this is my short sell on GBP-USD. You can read more in the link below.

GBP-USD trade alert | Front Team Investments

Best regards,
Nikola Broceta

 

[broceta]

This is one of the possibilities in wave counting. We are waiting for next move, maybe today after CAD GDP anouncement and after Mr. Stein speech.

Best regards,
Nikola Broceta

 

[broceta]

Hi everyone,

this is my short sell on GBP-USD. You can read more in the link below.

GBP-USD trade alert | Front Team Investments

Best regards,
Nikola Broceta

Profit on this trade about 45 pips right now.

You can see our further plans on ForexFTI website.

Have a good trade!
Nikola Broceta

 

[stephensteve]

Hi Guys, have been following the thread. Thanks for all your help and input.

The posts seem to have gone off topic..!!!!

We would love to hear from the 123 traders and get some live trade info,

thanks in advance, Steve