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Joined Apr 2006
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Status: I'll be back
|87 Posts
I'm currently short and up 240 pips ... it looks like it could run into some stiff support around 1.86 so looking at a possible exit around that level ... what is everybody elses target?
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Joined Nov 2005
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Status: Trend trader
|297 Posts
got in a little over 1.9, so almost 300 pips. lower 1.86 does look like a lot of support, so i'd take off half my position there, and maybe put a stop at 1.865 or so, in case it does decide to head down a bit more.
nice trading guys im also up close to 300 pips, short from 9015 def support at 8600 confluence zone, i have locked in 200 pips as of now. price flirting with 8700 round number.
isnt it just doing his regualr sideways shifting from eu/asian overlap to the ny/eu overlap time .
i'm staying in . atleast another 1H i'm afraid this sideways will go on until news hits.
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Joined Sep 2005
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Status: Commitment, planning and discipline
|65 Posts
I have my exit at 1.8630.. i have been scaling in so i will exit all three units there. If it drops another 400.. it will be next week.. i don't like to leave positions open over the weekend and so would look for a POSSIBLE entry again on Monday.
However; i think the 1.8500 will offer some serious support.. and if the inflation figures later today are low, we might be in for a retrace!!
Joined Jan 2005
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Status: Keep Learning
|1,180 Posts
In my opinion, expect serious support at the 1.8600 & 1.8500 levels respectively...Those 2 levels are the real ones that I really respect right now over the short term...Nothing else of real importance...
In my opinion, expect serious support at the 1.8600 & 1.8500 levels respectively...Those 2 levels are the real ones that I really respect right now over the short term...Nothing else of real importance...
Thanks,
Nader
Ignored
i agree with you....from the daily wave analysis, october will bring GBPUSD up to the sky...1.9200...lets wait and see...
