GBP/USD Trading - Page 3
Page 3 of 7 FirstFirst 1 2 3 4 5 ... LastLast
Results 21 to 30 of 64

Thread: GBP/USD Trading

  1. #21
    Join Date
    Dec 2006
    Location
    Colorado, USA
    Posts
    142
    open short @ 1.9516 +132 pips so far. Cable broke support @ 1.9432. My bias is still going down.

  2. #22
    Join Date
    Dec 2006
    Location
    Colorado, USA
    Posts
    142
    I decided to lock in guaranteed profits of 86 pips and now just wait what happens after the news release.

    I will post my chart here later.

    Here is my chart. Came home today from work and checked this trade. It went from 132 PIPS to 214 PIPS.
    (sorry locked in arrow is the price b4 US session. Locked in pips at stop loss arrow)
    Attached Images Attached Images  
    Last edited by ramrocket; 01-05-2007 at 07:38 PM. Reason: Added chart

  3. #23
    Join Date
    Dec 2006
    Posts
    12
    Nice trade!

    Be careful now though. Look at all your oscillators, they all show bullish divergence.

    Price has made lower lows, while the oscillators are slowly rising creating higher lows.

    Good early warning signal of trend exhaustion.

  4. #24
    Join Date
    Dec 2006
    Location
    Colorado, USA
    Posts
    142
    thanks piprosterous.

    My hunch is that the price will consilidate around .9298 area and will still drop towards next support level around .9176. All 4 EMAs looks groovy and healthy, rsi ok, stocs still ok and adx indicating strong trend. Will see if my next move is correct sunday.

    I am repositioning my stop 40 pips away @ .9398 and locking in profits of 178 pips. I'm riding this baby all the way.

  5. #25
    Join Date
    Dec 2006
    Location
    Colorado, USA
    Posts
    142
    I closed this trade this am with a profit of 202 pips. Will wait for re-entry.

  6. #26
    Join Date
    Dec 2006
    Location
    Norristown, PA
    Posts
    450
    Nice job. Keep up the good work analysing this pair.

    Quote Originally Posted by ramrocket View Post
    I closed this trade this am with a profit of 202 pips. Will wait for re-entry.

  7. #27
    BigPippin's Avatar
    BigPippin is offline The ***iest member of the FX-Men Superior Master Contributor and Member
    Join Date
    Mar 2006
    Posts
    911
    Quote Originally Posted by ramrocket View Post
    I closed this trade this am with a profit of 202 pips. Will wait for re-entry.
    Great trade ram! Feels good doesn't it?

    Just remember to stay focused now. The past is the past, and you must keep looking forward.

    Happy trading!

  8. #28
    Join Date
    Dec 2006
    Location
    Colorado, USA
    Posts
    142
    Thanks Topgun & BigPippin. It sure feels good to win a trade.

  9. #29
    Join Date
    Dec 2006
    Location
    Norristown, PA
    Posts
    450
    Your skill allowed you to make that successful trade . I don't like the word "win" because it sounds too much like gambling which we do not do in FX.

    Quote Originally Posted by ramrocket View Post
    Thanks Topgun & BigPippin. It sure feels good to win a trade.

  10. #30
    elang's Avatar
    elang is offline Superior Master Contributor and Member
    Join Date
    Dec 2006
    Location
    Varna, Bulgaria
    Posts
    754
    Good trading Ram,

    I like your style.

    Very clean, very disciplined and with obvious results, do update more!

    Regards,
    E. Lang

Forum Sponsors

Similar Threads

  1. GBP/USD: Trading the UK Consumer Price Index
    By DailyFx in forum The Analyst Arena
    Replies: 0
    Last Post: 03-23-2009, 11:50 AM
  2. GBP/USD: Trading the U.K. Jobless Claims Change Report
    By DailyFx in forum The Analyst Arena
    Replies: 0
    Last Post: 03-16-2009, 12:45 PM
  3. GBP/USD: Trading the U.K. Jobless Claims Change Report
    By DailyFx in forum The Analyst Arena
    Replies: 0
    Last Post: 03-16-2009, 07:50 AM
  4. GBP/USD: Trading the Bank of England Interest Rate Decision
    By DailyFx in forum The Analyst Arena
    Replies: 0
    Last Post: 03-03-2009, 05:50 PM
  5. GBP/USD trading times
    By foredog in forum Newbie Island
    Replies: 5
    Last Post: 07-01-2007, 08:11 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
"There are two kinds of failures: Those who thought and never did, and those who did and never thought."
Laurence Peter