I took a long, TP 129, although I'll take less than that, just incase it spikes, I want to be covered for a higher move
, see attached:
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
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DislikedNice trade and extra points for patience on that one! Going forward, be careful of the very real possibility of QE announcement London Wednesday morning session & a plethora of sterling data. If QE happens - and BoE has led the FED in the past - there's no time like the present (ie., before Nov 3) to announce it. I'm still looking for 1.55 in GU, and if UK QE2 happens, we're sailing onwards.
Regardless, the UK budget will be scathing and swings potentially huge. I'm finding GY just too messed up mostly due to UJ and the combination of a weak pound....Ignored
DislikedMorning all.
Brake 127.43 area next should be 126.18.
Else up from here.
4hr pretty much oversold.
Good day to all.Ignored
Dislikedwow..geppy wanna retrace...today...i'm bias bullish...right now...Ignored
DislikedIm Selling @ 127.82-Stops 128.22-Limit 127.11,125.55GBPJPY--Broke Daily Low and under Gann with weak GBPIgnored
DislikedSelling @ 127.85-LOW LOTS NEWS IN 5MINS Stops 128.30-TP 127.11,126.33GBPJPYIgnored
DislikedYou serious? The day of the UK government spending review and you're long Sterling? Sterling has been falling all week in anticipation of what these reviews recommend.
I'm not saying your long will fail, but you're making things more difficult for yourself by ignoring the trend.Ignored
DislikedI know you're a big fan of untested support. What about the area around 78.5 as a support level?Ignored
DislikedI wont short this because of the 4hr stochs shown in chart.
But 126.18 target is possible based on daily charts.
I will wait for price to get to 126.18 area or enter long when I get clear signal.
My pos is flat now.Ignored
Dislikedback safe G
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http://www.forexfactory.com/attachme...5&d=1286070745
I think this PA near to your view
here is my update , 128.21 is my week L-low so im holding on my long and if its break down I will buy again and i will wait for price to come to 128.21 again then I close today long positions.
just trade longs carefully if today close below 128.50Ignored