Cool Runnings intraday swing trading

GBPUSD made a nice 130+ pip move down too, after breaking the 1.6168 support.

I'm watching for a clear break above 1.6251, with first resitence at .6292-.6200. Watching for a clear break down, below .6225, with first resistence at .6200. First TP on a Sell at .6168. First TP on a Buy, .6372.

Watching for a break above 151.63, with first resistence at 152.

PA is ugly on both, wasn't a clear break, only held for a couple minutes. I'm favoring the GBPUSD for now.

I ended up getting in at 1.6264, with my SL at .6224. I just moved my stop to B/E.

It finally broke above .6316, we'll see if it holds.

I closed out at .6327, for a net of 60 pips, because I'm going to head off to bed. Have a good day eveyone. Trade Safe!

Hey Guys,

I posted a new video of a review of the trade I took during yesterday's London Session. Also outline a consolidation, that I didn't take a trade on, that broke for 100 pips on the GBPJPY. Can't catch them all!

Where is everyone?

I'll check back in later.

I'm gonna be a little tied up, so I just wanted to post what is shaping up. Consolidations forming, marked by the blue flags. Once they break, watch the reactions with the orange S/R lines and any major psyche levels.

Trade safe!

Hi Dad yes not been around much this week, writing an ebook on golf. Caught the cable move this morning, though the big move was on the Euro of CHF, not sure why though, no announcements. Will be going to watch the Open later it's a long drive but not been for a few yrs. Turnberry is a lovely track, played there many times in comps, just a horrible place to get to. Looking forward to your live room Chuck, learned a lot through your ramblings!

hey linksman what would you recommend driver wise? i've currently got a titlist 907d2 that i picked up as i didn't have a wood and though i'd better have one lol I know enough now to know that it really isn't the club to have if you've a natural fade (read slice with it every 4 shots or so lol) i'm 6'3" and have hit 300 plus afew times mostly 270 so i don't need something super fancy distance wise just something a bit more forgiving for my left to right. plus getting the 907 to draw is a pain in the arse, people wth a natural draw get straightened out wheather they like it or not lol

anyways sorry to post this lads but my tradings slow and atm my golf game needs to work lol nice way to be though i guess.

ps i know the above question of recomendation is ambiguous to say the least... how about drivers to avoid or aren't worth the money?[/quote]


Hi Ic Sorry its taken a while to get back. Yes Titleist make great clubs but they do tend to suit the single figure hdcp players more. One of the biggest things to consider is the torque rating on the graphite shaft when picking one. For a strong striker like yourself you need one around 3.5 rather than 4+. This will cut down the rotation of the shaft especially if you tend to hit the ball towards the toe. A slightly thinner grip, especially under your left hand, will help with hand action too.

As far as actual clubs I know that Ping make a G10 Draw version to help with a power fade . Maybe this with a red or blue shaft varient will be the answer. They do a fitting service FOC when you can get the correct set up done for you then take a selection of clubs to the range for comparison. Much better than choosing one from a rack. The factory is pretty close to me here in Lincs. Callaways always tend to have drivers that set up a little shut too.

Hope this helps, feel free to ask anything else, you can always PM if you prefer. Brian

hey links, dad

links i pm'd you to keep my golf chatter down on here.

trading wise,

i missed the eur/usd long from the start of the day but took the break of the 09th high (just a 10 pip scalp) lots of other trades this morning the only 1 of note was a nz/usd long thats stopped me out for -2% before heading up!! looking back the writing was on the wall with that trade i just didn't read it.

take care all

regards

Hey there Icarus!

Good to see you back. London session was tough. I missed all the action because I wasn't near a computer. Break of consolidation on the Sterling pairs were a bit ugly, but the EURJPY made a nice break after the Sterling pairs flopped around a bit.

I like Links driver advice he passed along to you. He is right on the shaft flex. Gotta get that right for sure.

Hit 'em straight! Been fishing lately?

Cheers

Wow Links, you're living the good life! What am I doing here? LOL! Yeah, that CHF move was interesting. I haven't looked into the reasons for that move. I'm still in a long on the EURCHF. I got in, in the low 1.50s. Been tempted to clear profit, especially when I got up over 300 pips a couple weeks ago.

I'll be sitting here pouting because I couldn't go to Turnberry too. So you think I ramble? Sometimes I think that too! Hahahah! Thanks! Chat with you soon!

Chuck

Sterling pairs are ranging on the 1H charts. Watch for breaks to either side with Asian markets opening.

Video is posted, reviewing the consolidation breaks from the London Session

hey day,

no more fishing planned for a while, the next thing on the agenda is a 2 week sun soaked break in spain! (1month and counting)

yeah trading yesterday wasn't the best but we all know those days happen and you've just got to put the in the box labeled experience and move on!

to all new traders... don't dwell on things, take market moves as a personal slight or seek revenge! treat it as you would any random act like a stone chip in your windscreen ok so it's annoying but easily fixed and only cost you a small amount (or should have if your following good mm rules) if your cars totaled then it obviously wasn't roadworthy and shouldn't have been driven in the first place. put your l's back on.

lol don't know where the above analogy came from....

Nothing really setting up for me going into Tokyo. We'll see how London shapes up later.

Hi everyone,
Learned a great lesson last week, I don't have to trade for the sake of it. Thanks FX for posting your charts
I did very well this week. Have a nice weekend.

Exactly the point! Don't need to force trades. Only take the quality trades! Glad you had a good week Buddy!