Attachments: GBP/USD Trade Room

GBP/USD Trade Room

#21
Edited 9:26am Sep 25, 2007 8:07am | Edited 9:26am

BeachBum
Joined Oct 2005 | Status: Trade the MAX System with me... | 1,995 Posts

Quoting Bemac

Disliked

Hey BB,
Do you have an area defined as potential TP? {Turning Point }

Ignored

Hi Bemac........My trading style favors the short term. As suggested by Plutonite, I'm looking for a retracement to the 61.8 Fib level; my profit target is 2.0050. As of this writing, the low last night was 2.0084 and I closed all but one lot on this trade at 2.0100; the last lot will hopefully reach the .0050 level........

Update: last lot stopped out at 2.0150

#22
Sep 25, 2007 8:32am Sep 25, 2007 8:32am

BeachBum
Joined Oct 2005 | Status: Trade the MAX System with me... | 1,995 Posts

Quoting WTB

Disliked

I posted this on the cable thread, but I dont know whether you guys follow that thread so I will reload the pics here.

Cable, Weekly and Daily charts. Looking for a breakout to the upside in order to search for longs. If breakout to the downside, I will pass.

Ignored

WTB............thanks for this. There are too many threads to follow, I'm trying to concentrate my reading in the new Trading Room, being more selective and eliminating "the noise" found elsewhere. I hope more 1KT members focus in here, I think everyone will benefit more. I also think it's time for PA thread in here.

#23
Edited 4:00am Sep 27, 2007 3:38am | Edited 4:00am

FxJarhead
Joined Feb 2007 | Status: Trader | 447 Posts

I don't often trade news, if ever....yet saw this nice tight channel develope.

Working a second trade....stop loss is set at B/E as of posting

Post for review.....Fxj

FYI...Sell Stop has been cancelled

0458am - Manual Close of trade #2 @ 2.0215 +6 pips

Attached Image (click to enlarge)