All Trades for GBP/USD

i´m short

Entry: 1.9460
TP: 1.9400
SL: 1.9500

240 min chart
Short @ 1.94920, openning of the candle, RSI reading 68.12.
Stop Loss @ 1.9525
Target @ 1.94050

Happy Trading

hi mabalta, did you reenter @ 1.9492 cause i think your first trade was stopped out right?

just curious

mbalta, can you post an image of your chart window how you use it to decide whether to enter or not.

thanks

yes wallboroff. I was stopped earlier a. Then went long after a break at 1.94394. Took profit at 1.95260.
Now it's time to short again!

hi ,

anybody can give me stratagy to trade with Nonefarm payroll and GDP what's the best way to enter in market to captalize these big moves

What I usually do is to write down on my trading journal the values expected. Are they USD bullish or bearish? How has the pair been trading?
On a 240 min chart I check EMA 50 and 100.
On a 5 min chart I check MACD, for momentum and trade based on the 5 min.
Usually there is a lot of volatility around the time the results come out. Guys closing their positions to get ahead of NFP.
Stay still (well I stay still), check the graphics on the 5 min and as soon as the results come, you know what to do: buy or sell. It's very quick and it gives you some good pips in a few minutes.

After that I usually just sit back, watch the market get back to normal and plan my next moves.

good thing i put a stop to my meserable entry signal.

my trendline was touching the other candlesticks and i was trading at night.

GBP/USD seemst to be going to the moon.

I wait for tomorrow

http://www.bloomberg.com/apps/news?p...refer=currency#