Anybody catch that nice GBP/USD Buy?
I set Trade Manager to take 50% from 1st Trade which then continued as a second Trade for another 25% Profit.
Time 13:01
BUY 1.58156
CLOSE 1.58424
A nice modest Scalp.
Regards,
Pippa
Anybody catch that nice GBP/USD Buy?
I set Trade Manager to take 50% from 1st Trade which then continued as a second Trade for another 25% Profit.
Time 13:01
BUY 1.58156
CLOSE 1.58424
A nice modest Scalp.
Regards,
Pippa
My TP is at 1.3595, and my feed got to 1.35934, so 1.5 pips away
anyway, I moved my SL to BE+10(1.3560), so its going to be interesting to se how it is after dinner
[EDIT] Will close my trade manually if no TP or SL when I come backā¦
thereās power in my prayer. :59:
Still holding my last position.
Oanda says it was 1.35941 highā¦
Looks like a stop hunt to me, taking out the highs now with a bearish OTE, lets hope it obeys our analysis :22:
Just thought i would post this, it gives a quick run down of how to use the Williams %r , actually by Larry himself.
Larry Williams Percent (%) R Indicator - YouTube
So I just closed my position for the day
Yeah, Im happy it turned out ok, was scared for a couple of moments
Well kudos for not being a chicken like me! Hope tomorrow will be better!
Take care tomorrow, NFP @ 13:30
Look at that lovely price action around the higher time frame S&R levels today on the Cable:
Next stop 1.5890? Quite a significant bit of PA around that particular levelā¦
If I wasnt stuck in that Fiber trade Iād have probably taken that Long. Cable does like to obey the levels
Yeah, I noticed thatā¦ Do you think there will be anything going on at LO, or will the market slow down until after the NFP?
Ill stay far away tomorrow Finally ready to sleep in
Its hard to tell, thats why I wont be trading it (its a Friday + higher probability of crazy PA). I dont like to be in a position before they announce it, the whipsaw normally takes you out if they start to swing price all all over the place.
If I was to do anything, this is exactly the type of day that would cause a massive drop down to the 1.35 big figure (TommyL and BigInTheCity been talking about those levels this week), so I would be placing a limit order down around that area before we continue higher, should price spike down sharplyā¦ Thats what Iād be looking for at least (still very bullish).
Iāll get stuck in again next week I thinkā¦
Although I do like an NFP trade I may well leave it alone tomorrow and let the price tell us the story for next week. Iām at 0% for the week and Iād rather that than a -.
Although BigInTheCity will have a cheeky binary Iām sure!
LOL You clearly know me well!!!
Just back to my charts - seems the drop in bond prices did finally affect the fx mkt
I noticed this morning that it was the gbp that was being sold - (see eur/gbp & cable at 09.45 gmt 15min), the euro wasānt the active currency.
The dollar and euro were fairly muted, later the gbp was again the active currency.
I posted about the price drop in bonds at 15.00 gmt - the active foreign currency, the gbp, reacted over the following 30 mins
This is why I continually monitor intraday bond prices - also the reason I posted.
So, who will be trading at all tomorrow?