GPB/JPY looks like you've made some good pips. I would be looking for an out around 212 though. I see MAJOR resistance around there. It already looks like its starting to head south. I'm watching that GBP/USD too. I haven't seen any really convincing PA yet. I like your new way of posting trades. I check it every day even if I don't say anything.
I also took a small long on EJ until 168.06. That one should be good for about 27 pips.
Out of GJ for a profit of 213 pips. This pair is still going up, but not after some small retrace. I am a buyer again around 213.25. I will post again on this later.
OK. I am seeing some consolidation down here. Might be time to dip my big toe in for a long entry. Here is the set up. I am posting the 1 hr chart, however we may have a PB indicating long on 4 hr as well. Long .9113 and first target will be .9141. I know, I know not good R/R as my stop is a little generous.
Bro,
I am long on "probe" 0.9112 SL 50 Tp 50
sonic
http://forexfactory.com/attachment.p...1&d=1218051504
Oh yea! I took a long from 1.5439 and took profit at 1.5467 early this morning. Not much from this pair only 28 pips. I think that we are going north very soon. My reasoning is that we have now approached MAJOR support. Now I only read about the US economy, I need to brush up on my European economy but the vast majority of the US economic data is not good. As a matter of fact, I'm still trying to figure out what has been driving up the dollar. Stimulus checks, bail outs and more unemployment benefits would require that the FED presses would be working OT to keep up. Is the thinking that all this money being printed will lead to run away inflation thus higher intrest rates. I have worked long to understand technical understanding of the charts. I'll need to consider fundamentals in my studies now.
I'm not in on any trade here. lol What a move. And I need to order some parts from the US too.
We will be paying $1 per gallon of gasoline again if this continues. LOL!!!
Well, to keep things alive I will let you know that I am still in EUR/USD long and am down right now but still optomistic. Also, just took a long on CHF/JPY. Daily PB off 365 and 38% Fib. I'm still waiting for my live account to "come alive" but maybe this means I just need to practice more. I'm in no hurry really. I hope you are still pipin' even though you are not telling us about it.
