0.7135
Any thoughts on when this pair may fall back?
Should see some selling action soon.
Any thoughts on when this pair may fall back?
Should see some selling action soon.
Siris
- #12,782
- Edited 3:30am Apr 22, 2010 3:21am | Edited 3:30am
- | Joined Nov 2007 | Status: Trader | 1,157 Posts
Just entered.
Gbp/Usd - Short
Entry: 1.5428
SL: 1.5498 (-70pips)
TP: 1.5378 (+50pips)
Reason: TS/KS Cross Down on 5-Min.
Price below 1-HR TS.
Price below 15-Min TS.
Watch out, just saw got red news at 4:30pm for GBP.
Do what you want, but do it in love
Hi Mrsirismoon, why should we see some selling action?
Just my very humble opinion, but does appear to have bounced off it again.
Siris
- #12,789
- Apr 22, 2010 4:43am Apr 22, 2010 4:43am
- | Joined Nov 2007 | Status: Trader | 1,157 Posts
USD-index is supporting your trade, but its now below resistance
Thanks for your explanation on USD-index support the short Gbp/Usd.
Where to get this USD-Index chart from MT4 ??
I am using FxPro, and not sure how to find this USD-Index.
Cheers,
FB.
Eur/Jpy now sneaking down outside the kumo on 1-Hr, of course bar not close yet on 1-Hr.
Has it gone down too fast on 1-Hr ??
Hmmm, it is like near 124.10 previously, hit low of 124.16.
Hmmm, keep TP at 124.10 or go for more 123.80 (near S2 pivot 123.60) ??
Do what you want, but do it in love
Hi Oli,
Thanks for your explanation on USD-index support the short Gbp/Usd.
Where to get this USD-Index chart from MT4 ??
I am using FxPro, and not sure how to find this USD-Index.
Cheers,
FB.
Look for a broker with USDX and let it run in demo-account
Do what you want, but do it in love
- #12,795
- Apr 22, 2010 5:40am Apr 22, 2010 5:40am
- | Joined Nov 2007 | Status: Trader | 1,157 Posts
Your risk/reward ratio is better with 123.80, but better close one part first and let the rest run
Move to new TP, Eur/Jpy short TP 123.70.
Just need to monitor.
It did hit original TP 124.10, but I did not exit, as only have 1 transaction for this new Eur/Jpy entry.
- #12,800
- Apr 22, 2010 7:57am Apr 22, 2010 7:57am
Hi All,
Nice trades FB - particularly the E/J trade.
I missed it due to being out this morning but had planned to place a sell limit order just below 125.00 given it has failed through this level 3 times I think already on 1hr chart.
To be honest I think this pair could even hit 1.3300 before the weekend as people will try to sell out to avoid hitting a gap like last weekend given there are big Greek discussions with IMF happening over the weekend.
Oli glad to see you back.
A couple of guys have left because there were some people being idiots here and also because a lot of people in the thread are always straying of course from the original ichi system and makes things very confusing and frustrating because new thread members are always trying to ask questions and getting confused when the rules appear to get changed.
Vic is still around but he is flat out at work at present and probably won't be back till next week.
Most of the guys will drop in occasionally I think but I don't think it is too much to worry about given the market is running sideways on many pairs at the moment which is not great for ichi trading. Probably using this time to get some work done
Regarding moving the thread back into the general area from the commercial spot, I will ask Vic about this. It does encourage more people to stop by without doubt however it also increases the number of people who just post for the sake of posting and have no idea what they are talking about.
We are aiming to develop a strong profitable thread and it's difficult at times when you have people coming in and talking all kinds of BS and no one really knows if they are a 15 y/o kid trading a demo with no money in the market backing up their trading decisions/comments or a genuine trader trying to add value.
What can you do? Do many people want the thread back in the main area to get more people coming through?
Let me know.
4x.
Nice trades FB - particularly the E/J trade.
I missed it due to being out this morning but had planned to place a sell limit order just below 125.00 given it has failed through this level 3 times I think already on 1hr chart.
To be honest I think this pair could even hit 1.3300 before the weekend as people will try to sell out to avoid hitting a gap like last weekend given there are big Greek discussions with IMF happening over the weekend.
Oli glad to see you back.
A couple of guys have left because there were some people being idiots here and also because a lot of people in the thread are always straying of course from the original ichi system and makes things very confusing and frustrating because new thread members are always trying to ask questions and getting confused when the rules appear to get changed.
Vic is still around but he is flat out at work at present and probably won't be back till next week.
Most of the guys will drop in occasionally I think but I don't think it is too much to worry about given the market is running sideways on many pairs at the moment which is not great for ichi trading. Probably using this time to get some work done
Regarding moving the thread back into the general area from the commercial spot, I will ask Vic about this. It does encourage more people to stop by without doubt however it also increases the number of people who just post for the sake of posting and have no idea what they are talking about.
We are aiming to develop a strong profitable thread and it's difficult at times when you have people coming in and talking all kinds of BS and no one really knows if they are a 15 y/o kid trading a demo with no money in the market backing up their trading decisions/comments or a genuine trader trying to add value.
What can you do? Do many people want the thread back in the main area to get more people coming through?
Let me know.
4x.