Forex trading live calls and set ups

[leovirgo]

BUY EURGBP 9026,, stop 17pips, target 25/50pips

 

[leovirgo]

25pips taken, only a small poz left to run
9050 seems to be the soft wall.. for the moment

 

[leovirgo]

I can read metro while waiting for the moves.. Metro was the addiction for many on the tube when I was working 9-5. Now it is available online.. here

 

[leovirgo]

I don't trade pins but the one on EURUSD H4 is worth a look..

 

[neil]

Cable

Cable overnight break so far

 

[neil]

Pin Trade

I don't trade pins but the one on EURUSD H4 is worth a look..

Maybe close to resistance soon ?

 

[leovirgo]

EU has entered breakout zone, it is a buy above 14950. Stop is as low as 20pips, TP is 80-120pips. Alert given in previous post.

 

[leovirgo]

EU long trade

EU long looks good.Initial target was 80/120pips, but revised to 70-120. TP1 reached at 1.5020.

 

[leovirgo]

EU still flying.. vwap engine rocks on fx ... :clap:

Yesterday's EG small trailing long was out b/e. Bagged 25pips though for 75% of position- a reasoable 1R from H1 position size. EU has higher volatility so 70pips on EU is only 1.2R.

 

[leovirgo]

EU long TP2 reached +120pips.

 

[neil]

Re: Pin Trade

Maybe close to resistance soon ?

Update from yesterday....will it break resistance or bounce back down - who cares provided you took some profit at resistance:

 

[neil]

Thanks Leo for letting me post here.
Spoilt for choice (nice for a change) for overnight breakouts.
Here are two (among others).

 

[leovirgo]

Thanks Leo for letting me post here.
Spoilt for choice (nice for a change) for overnight breakouts.
Here are two (among others).

Good for you Neil I've watched FT analyst -don't know her name- saying that investors are folding early this year and we can expect wild swings in currencies. Don't forget tomorrow is holiday in US.

 

[Claudia123]

Neil - One day you will get rid of those MA's then things will be come so much clearer !! Not sure about the boxes either - just stick two horizontal lines on the chart.

 

[leovirgo]

EG flying again. EG and EU took turns to rally each day..

 

[neil]

Morning leo , thanks for the heads up re-holiday. Just a quick look at early morning breaks then

 

[leovirgo]

Morning Neil.. don't they look good?

Here is my take on them. Claudia, I've yet to get rid of MAs on M15..

Buy break out

Sell break out

 

[leovirgo]

Been waiting patiently but markets are going exactly opposite of my expectation. That means I have more spare time.

Pip counting for this week

EG: (+25, 0), (+25,+50)
EU: (-20), (+70,+120),

Only 4 trades for the week, EG two successful trades, EU 1:1 net +75

 

[leovirgo]

Long EG 9095
Short UJ 86.20

 

[leovirgo]

EG 50% exit @9122, will trail the rest at 9100

UJ 100% exit 85.95... it's already 1Day ATR from high