ForexEdge Trades... GBP/USD | Forex Factory

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ForexEdge Trades... GBP/USD

  • #1
  • First Post: Jun 9, 2009 1:13am Jun 9, 2009 1:13am
On this forum I will be posting my trades, as i enter them... All which will be entered on GBP/USD

So i will keep everyone posted on my activities...

-Rudy
  • #2
  • Jun 9, 2009 1:19am Jun 9, 2009 1:19am
GBP/USD
Position: Short
Entry: 1.6066

Really strong resistance level

TakeProfit: 20-30pips
  • #3
  • Jun 9, 2009 1:25am Jun 9, 2009 1:25am
Quoting 4xEdge
GBP/USD
Position: Short
Entry: 1.6066

Really strong resistance level

TakeProfit: 20-30pips
Exit: 1.6029
Profits: 37 pips

Reason for close: Hit 50 EMA (exponential moving average) on 3min chart
  • #4
  • Jun 9, 2009 5:12am Jun 9, 2009 5:12am
GBP/USD
Position: Long
Entry: 1.6084

Buying on support: Expecting small profits
  • #5
  • Jun 9, 2009 5:18am Jun 9, 2009 5:18am
Quoting 4xEdge
GBP/USD
Position: Long
Entry: 1.6084

Buying on support: Expecting small profits
Exit: 1.6097
Profits: 13 pips

Closed because it dosent look like it wants to break that level
  • #6
  • Jun 9, 2009 6:15am Jun 9, 2009 6:15am
GBP/USD
Position: Short
Entry: 1.6140

61.8% Fibonacci Big Picture
  • #7
  • Jun 9, 2009 6:56am Jun 9, 2009 6:56am
Quoting 4xEdge
GBP/USD
Position: Short
Entry: 1.6140

61.8% Fibonacci Big Picture
Exit: 1.6180
Loses: -40pips

Broke 100% Fibonacci
  • #8
  • Jun 9, 2009 10:11am Jun 9, 2009 10:11am
Quoting 4xEdge
Exit: 1.6180
Loses: -40pips

Broke 100% Fibonacci
So 40 pips is your max stop loss or you wait for another factor (like fibo here).
The only way to get smarter is by playing a smarter opponent.
  • #9
  • Jun 9, 2009 11:50pm Jun 9, 2009 11:50pm
Hello to everyone...

Was a very disappointing night yesterday... I missed a very good Short position...
I should have shorted at 1.6180 (resistance level) for 20-40pips...

So today my Resistance levels are 1.6430 and 1.6495. From either point i will go Short +/- 5pips and i expect take profit 20-40pips

And my Support levels... 1.6200 (+/- 5pips) from there I will go long also for 20-40pip take profit

Any other trades during this time i will post...

Currently im in a trade..

Entry: 1.6311 at 21:11
Going Long GBP/USD

I'm expecting about 10-20pips: I will exit when I have confirmation
On 1min chart it gave a low RSI signature, and gave over 61.8% big picture.

-Rudy
  • #10
  • Jun 10, 2009 12:41am Jun 10, 2009 12:41am
Quoting 4xEdge
Hello to everyone...

Was a very disappointing night yesterday... I missed a very good Short position...
I should have shorted at 1.6180 (resistance level) for 20-40pips...

So today my Resistance levels are 1.6430 and 1.6495. From either point i will go Short +/- 5pips and i expect take profit 20-40pips

And my Support levels... 1.6200 (+/- 5pips) from there I will go long also for 20-40pip take profit

Any other trades during this time i will post...

Currently im in a trade..

Entry: 1.6311 at 21:11
Going Long GBP/USD

I'm expecting about 10-20pips:...
Trade Closed: at 1.6355 Reason for close: hit T/P
Profits: +44pips
  • #11
  • Jun 10, 2009 2:41am Jun 10, 2009 2:41am
Okay... I entered another trade

Long on GBP/USD

Entry at 0.10 at 1.6354

Reasons for entry: 3min Strong RSI support and Moving average direction, 1min Hit 50% Fibonacci small picture and 61% big picture

Take profit : This may sound far fetched but I'm looking at 1.6465 but at any time i have confirmation i will close

-Rudy
  • #12
  • Jun 10, 2009 2:55am Jun 10, 2009 2:55am
Quoting 4xEdge
Okay... I entered another trade

Long on GBP/USD

Entry at 0.10 at 1.6354

Reasons for entry: 3min Strong RSI support and Moving average direction, 1min Hit 50% Fibonacci small picture and 61% big picture

Take profit : This may sound far fetched but I'm looking at 1.6465 but at any time i have confirmation i will close

-Rudy
Exit at 1.644
Profits: +60 pips

I had to close, system confirmation, even though it might still climb higer

-Rudy
  • #13
  • Jun 10, 2009 3:44am Jun 10, 2009 3:44am
New Trade:

Entry: 1:33 at 1.6385
T/P: looking at 1.6460 Or system confirmation for close

Same setup as previously

-Rudy
  • #14
  • Jun 10, 2009 6:24am Jun 10, 2009 6:24am
Quoting 4xEdge
New Trade:

Entry: 1:33 at 1.6385
T/P: looking at 1.6460 Or system confirmation for close

Same setup as previously

-Rudy
Unfortunately i didn't close at that resistance level, so i closed on balance..

Not too bad of a day... about 100 pips

-Rudy
  • #15
  • Jun 10, 2009 11:07pm Jun 10, 2009 11:07pm
Hello to everyone...

Today levels I will enter on:

Support (going long)
-1.6305
-1.6205
-1.6105

Resistance (going short)
-1.6495
-1.6595
-1.6660

All levels +/- 5 pips depending on how the market is moving...
I already entered on short at Resistance 1.6420
And all trades on these levels: take profit is approximately 20-40 pips

I will also post any other trades as my system confirms...

-Rudy
  • #16
  • Last Post: Sep 1, 2009 4:39am Sep 1, 2009 4:39am
suck!
stock , commodity , bond , forex
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