Quoting accreteDislikedI'll post this shot of a trade long GBP trade i took this morning ... I posted it in a day trading thread, but thought it was appropriate here since there were several posts on this morning's session on the GBP.
This was my first LeftBrainTradeing trade of sorts. I say of sorts as i've yet to recieve the book and really know what i'm doing with what i'm seeing.
But i can say this, i luv FIBOs, and the LBT data was lining up nice w/much of my TA so i dived in long just above the blue line in the screen shot below. I had set a TP of the DashDot green 38.2% data line that corresponded, in this case, to the daily pivot data and the main tunnel ema. It was good for about 40 pips once the spread was taken out (all in demo).
NiceGuy777 responded in the other thread that it was a pretty good trade for not reading the book yet! Thanks NG : - )
I'm gonna have more fun with fibos once i read the book and get a handle on the model.
http://www.accrete.com/fx_posts/misc...30m_1stlbt.pngIgnored
- | Membership Revoked | Joined Oct 2005 | 295 Posts
The framework is there; we just have to work on our frame of mind.