GBP/USD 5min setups

[ChowClown]

Gu

Long pending from this potential 123...off yesterday's lows.

Edit: long filled 6181...when PA looks right will move stops to b/e and let go. This is more of a swing trade entry with key tgt areas of 6325 and 6370.

Edit: 10:40 - given the lack of follow through around the RN and given price is now retesting from below with a potential 123 short setup developing, i'm happy to move stops to b/e, there's always another setup around the corner.

Edit: 10:50 - b/e stop filled.

 

[ChowClown]

GU - 5min double/W bottom forming perhaps, so may get another stab at the long during US. Tracking EU too now for a long off a 5min 123 probably....will take 1 rather than both, if offered.

edit: 17:39 - fun and games on EU, took the long but pulled at b/e, after the pivot/RN rejection printed. Until tomorrow.

 

[ChowClown]

Watching EU for a 5min entry long...could take a while for the setup to trigger but getting more interesting...will be treating it more as a scalp seeing as its friday.

GU - price interacting with strong multi timeframe pivot confluence atm....

 

[HAL 9000]

... I was tempted to go long off the DP but made a cup of tea instead lol

...have a good weekend Si

 

[ChowClown]

def the best plan mate. Hope you've had a good week.

 

[ChowClown]

Gu

GU, now short from the break below the pivot(s), 1st TP 6020ish with the move to b/e on the remainder, seeing as it's Fri.

 

[ChowClown]

...haven't been around for some months, what with the new job but still keep an eye open for the occasional setup...might have to start another journal ...
http://youtu.be/sD-B9m-nqKA

 

[ChowClown]

Just uploaded an update. http://youtu.be/YMmMph5os-0?hd=1 I'll create a new journal for the next post, as i'm only trading longer TFs, rather than 5min setups.