....Very impressive trading going on here, scary a lot of pips up and down, good..... Good Luck to all...
The Chonchy
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http://www.forexfactory.com/showthread.php?t=529742
Disliked....Very impressive trading going on here, scary a lot of pips up and down, good..... Good Luck to all...Ignored
Disliked{quote} Thanks Chonchy. Please feel free to join the discussion as well if you like.Ignored
DislikedLong gbp-aud...@ 1.92807...based on London breakout scenario that I like to trade....tp @ 100 pips hopefully... But will start to lock profit if trade is successful. Resistance on 4 hour chart @ around 1.9305...19315...punch through that and its gold....ha ha.Ignored
Disliked{quote} .93sh is confluence zone... I would not be comfortable to long at .928sh.. well I am not breakout trader, so could not say much...Ignored
DislikedGN: Patiently waiting for a retrace to the boxed area (above 2.046), where I will probably scale in, initially targeting the .5 Fib for the 24-day hi/lo (around 2.0050): {image}Ignored
Disliked{quote} Hi Zeebs, I think GN will retrace first at current level, waiting HSBC final manufacturingand GDT news, if data is good GN might retrace to 1.9sh I am seeking to re-enter long. Could be wrong. My 2cents.Ignored
DislikedGA: Long-term, GBP/AUD is a better long candidate, at least on the Daily, putting in a series of higher highs and higher lows since early September 2014. Nevetheless, in light of the somewhat massive retraces it experiences on average (933 pips on the Daily), it may be worth keeping an eye on the March 2015 high around 1.9850 to look for signs of short-term weakness that can be taken advantage of: {image} My concern is that 1.881 represents a lower high, and that the pair could blow past the Feb 2015 high of 2.0024 to carve out a new higher high....Ignored
Disliked{quote} I think GA will retrace first to around 1.92 - 1.925. As fo AU I am expecting .77 .775 and .79sh. Could be wrong.Ignored
DislikedLevels were hit on GA long here on potential bounce USD seems to be gaining strength again AU rejected off .7935 nicely looking for bit of bounce hopefully in GA but this is more long term. See if this TL holds here risking around 100 for 500+ pips here if TL hold targeting bounce up towards 1.92 and then 1.95. Risky trade low leverage. GN also approaching big level Im long GA at 1.8860 SL 1.8760 Pending long GN 1.93750 SL 1.93250 These are risky purely technical plays small lots holding for larger returns hopefully. {image} {image} {image}Ignored