My first post.
I'm short on GBP/USD from 2.0613. What should my T/P be?
Jim
Indicators show the past. Price Action "Indicates" the future.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- #45,361
- Oct 29, 2007 7:47am Oct 29, 2007 7:47am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Jim
- #45,362
- Oct 29, 2007 7:50am Oct 29, 2007 7:50am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
Why are you short at that price? Let's see a chart.
Jim
I shorted at that price because that was the highest resistance and right now it's dropping great! +$420 on a $1,000 demo account so far with GBP/USD.
- #45,365
- Oct 29, 2007 7:53am Oct 29, 2007 7:53am
- | Commercial User | Joined Dec 2006 | 1,016 Posts
Good luck just a idea keep eye on fib lines BE CAREFUL sells are not that strong on this pair yet if at all 
My first post.
I'm short on GBP/USD from 2.0613. What should my T/P be?
- #45,367
- Oct 29, 2007 7:57am Oct 29, 2007 7:57am
- | Commercial User | Joined Dec 2006 | 1,016 Posts
Good luck just a idea keep eye on fib lines BE CAREFUL sells are not that strong on this pair yet if at allAttachment
- #45,369
- Oct 29, 2007 7:59am Oct 29, 2007 7:59am
I am quite a newbie here! Recently started trading and just learning right now with a demo account.
I shorted at that price because that was the highest resistance and right now it's dropping great! +$420 on a $1,000 demo account so far with GBP/USD.
- #45,370
- Oct 29, 2007 8:00am Oct 29, 2007 8:00am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
I am quite a newbie here! Recently started trading and just learning right now with a demo account.
I shorted at that price because that was the highest resistance and right now it's dropping great! +$420 on a $1,000 demo account so far with GBP/USD.
Jim
Indicators show the past. Price Action "Indicates" the future.
- #45,372
- Oct 29, 2007 8:06am Oct 29, 2007 8:06am
- | Commercial User | Joined Dec 2006 | 1,016 Posts
Now watch in 10 mins on your trade...Look at what my chart says.BE CAREFUL you should have taken profit all ready
I am quite a newbie here! Recently started trading and just learning right now with a demo account.
I shorted at that price because that was the highest resistance and right now it's dropping great! +$420 on a $1,000 demo account so far with GBP/USD.
- #45,373
- Oct 29, 2007 8:07am Oct 29, 2007 8:07am
- | Commercial User | Joined Dec 2006 | 1,016 Posts
SO TRUE MY FRIEND
Welcome to the forum! Don't get caught up in the dollars, what's most important is the pips!. Make the same amount of pips consistently and the dollars will come.
- #45,374
- Oct 29, 2007 8:09am Oct 29, 2007 8:09am
- | Commercial User | Joined Dec 2006 | 1,016 Posts
236.61 can be touched again before small drop again to Me and Aus's levels
- #45,375
- Oct 29, 2007 8:13am Oct 29, 2007 8:13am
- | Commercial User | Joined Dec 2006 | 1,016 Posts
Yes thats right between12-1 then should see reversal I will post by then to confirm by then
Mebe you should allow t1t to answer for himself since he is the one who posted the info.
M2B
- #45,376
- Oct 29, 2007 8:15am Oct 29, 2007 8:15am
- | Commercial User | Joined Dec 2006 | 1,016 Posts
10mins laterGBPUSD!!!KAIN SEE I HOPE YOU MADE LIKE A ROBBER AND TOOK MY TP!!!!LOL.. good job
Now watch in 10 mins on your trade...Look at what my chart says.BE CAREFUL you should have taken profit all ready
- #45,377
- Oct 29, 2007 8:18am Oct 29, 2007 8:18am
- | Commercial User | Joined Dec 2006 | 1,016 Posts
I will work on it bud
Did you get me msg?...regarding the excel sheet you posted?
- #45,379
- Oct 29, 2007 8:22am Oct 29, 2007 8:22am
- | Commercial User | Joined Dec 2006 | 1,016 Posts
cool small profit should hit 20600 in 20mins off of 50FIB LINE DRAW one
Yep, I took my profit and I am long now.