Hello my name is wallboroff and I would like to start a new thread about GBP/USD.
Everybody can put his ENTRYPOINT in here for GBP/USD, it doesn´Regardless of what system!!!!
What exactly do you guys think? Nothing new however, but could be receiving ineresting.
Just your entry along with your ideas !!!!
I have no open position. Mouteki is used by me. stochastic and adx as filters.
Current Trade:
Entry Short @ 1.9358
SL moved down from 1.9420 into 1.9410
Exit: Appearing at 1.9190
Another GTC entry order
Entry Extended @ 1.9430
SL: 1.9375
TP gt; 1.9900 (Can closely watch the 1.9550 degree for reversal.)
No Trailing stops set, but will proceed S/L to break even stage the moment I'm in a 50 pip profit.
Could you please explain what a sure guess is precisely?Originally Posted by ;
.. .hopefully there will be a mouteki signal too for a sure suspect.
Can somebody explain me how I can place images in to my posts
Thank you
Well,
I Will go short. Chart at 240min, RSI signals overbought conditions (73.94) because 11/22/06, 08AM and MACD is in positive territory, trading above EMA 50 and 100, ocassionaly breaking upper BB twice.
Upside momo appears to be ending.
MACD in transition from positive to negative, in BB range, RSI with reading under 70. Fibo 0,618 service at 1.92276.
Brief @ 1.93680
Quit @ 1.94000
Target 1 @ 1.93000
Quit @ breakeven
Target 2 @ 1.9280 (a bit forward of EMA20)
These are only my thoughts, do not place money with this trading ideia in case you don't agree with this.
Nice, but a little to early for me. I wait for the next candle to open below my demandline. Stoch currently crosse in an overbought mood. Just awaiting the mouteki sign and dms to cross.
Maybe 20.00 gmt 1 I´ll be brief but not yet
here is exactly what I mean
I know exactly what you mean. I went short in the openning of the 16PM candle.
Do It. My money is currently in.
Good trading!
Through My Study And Reading Charts The Usd Will Gain Against The Gbp!! Looks Like Atleast A 100-170 Pip Fall This Week. My Entry Is @1.9430 Using A Limit Set @1.9180. The Spill Should Start Once We Get Some Action Below 1.9346. Good Luck To All.
I agree with everything you see, if only because a move as large as what has happened is almost begging for a retracement. This long following the principal move, Immediately following a move a retracement usually happens without any trigger. After the retracement is delayed as this one, I usually expect it to be triggered by some occuring in the fundamentals. I simply don't find anything this week which is likely to perform it.
Does anyone see anything which is likely to activate the move down, or is it simply likely to happen without any trigger. The entire move up appeared to have very little reason to maintain the first place. The USD might have been over valued, but that would logically call for a gradual correction, but not the tornado which we have just seen.
The cable range has diminished considerably signaling an impending move. Does anyone see this as anything aside from a technical move, or is there some fundmental foundation for it?
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