i missed the boat. was supposed to short at 1.63 but overslept! -____- oh well. good luck to those who shorted.

The WoRmHoLe

wormboy, i see you trade during the asian session? i also wanted to short this pair as my chart is showing a short signal but i usually leave gu,eu and other european pairs for euro session onwards. may i know why do u trade this during asian ...

The WoRmHoLe

i may be a newbie here but my understanding is all these should be left for 'interactive trading' subforum. here we share our trades and reasons for taking them as well as discuss what could be improved. so fellas, let's keep strictly to that. no ...

The WoRmHoLe

hi castlerocks, it seems to me that gu is congregating ard 1.6350 so isn't it better to wait till monday for a clearer picture to develp?

DanUK Simple EUR/USD Trading Journal 2009

hello wormboy, i am stopped out at breakeven. since it's friday i will not be doing anymore trades unless it's smash and grab on the h1 chart. have a happy weekend ahead and c u on monday. =D

The WoRmHoLe

hi wormboy, i am looking at the daily and weekly charts now. i guess u r right. we r trading against the main trend. i have been so focused on the 4h chart that i neglected to check the others. anyway, i really think it's trending nicely on the 4h ...

The WoRmHoLe

mm...i can't complain bout what i am getting now =D

DanUK Simple EUR/USD Trading Journal 2009

anyway i am in short on gu at 1.6329 at 0554GMT reason being gu bounced off my 50% fibo on h4 chart and on h1 chart, gu seems to be losing its upward momentum. short @ 1.6329 with sl at 1.64 TP at 1.62(being very conservative here) appreciate yr ...

DanUK Simple EUR/USD Trading Journal 2009

hi everyone. new here. so hope you could guide me along. i am in short on gu at 1.6329 at 0554GMT reason being gu bounced off my 50% fibo on h4 chart and on h1 chart, gu seems to be losing its upward momentum. short @ 1.6329 with sl at 1.64 TP at ...

The WoRmHoLe

meaning u will only wait till price has dropped back to the 1.6000 level? why not till the 1.6200 or even 1.6100 levels?

DanUK Simple EUR/USD Trading Journal 2009

well i think we will wait and see. if it retraces from its current price now, i will look to buy and go long. but if it bounces at the1.6400 area which is near the 50% fibo, i will look to sell. just my opinion.

DanUK Simple EUR/USD Trading Journal 2009

that it broke above my blue trendline as shown on pg 41 is significant, no? so for it to truly be bullish, it have to break above the red trendline? and....if u chose to go short on this pair which i assume u must have, how do u normally derive your ...

DanUK Simple EUR/USD Trading Journal 2009

can you explain that? what i am seeing on the chart is that it has broken above the highs at the 1.600 range on 30th Sept and 8th Oct. so if the price dip back and form a higher low, doesn't it make sense to long on that dip up to the 50%fibo or ...

DanUK Simple EUR/USD Trading Journal 2009

can you explain that? what i am seeing on the chart is that it has broken above the highs at the 1.600 range on 30th Sept and 8th Oct. so if the price dip back and form a higher low, doesn't it make sense to long on that dip up to the 50%fibo or ...

DanUK Simple EUR/USD Trading Journal 2009

Correct me if I am wrong. the gbp/usd has now broken above the trendline in blue and seems to be heading up to the 50%fibo. in other words, i am seeing a change in trend here so i think we can look to buy on dip and take profit around 1.6350. anyone?

DanUK Simple EUR/USD Trading Journal 2009

hi...i am new here. been reading this thread with much interest. understand that some of u are planning or have already planned to go short in gbp/usd. but now as of 0300GMT i am seeing the price hover at 1.6055. is it the end of the downtrend and ...

DanUK Simple EUR/USD Trading Journal 2009