to all you Euro bulls and Gbp bulls out there....you know who you are....keep posting those wave counts and uptrendlines and positive divergence messages
I have just taken profits on some of my gbp shorts at 15360
Am still holding my Eur shorts
Wow, I'm in same situation except I decided to move stop down on GBP to 1.5375 and let ride giving me 110 pips if hit or more if it keeps tumbling.
Nice job.
Stay right side of the market. Wise to keep/trail stop as gbp is approaching some important support levels in the low-mid 153s so we would well pause a bit down here and bounce around/rebound. Stay flexible.
Good luck.
Rgds
c-c
Originally Posted by jerejim
Wow, I'm in same situation except I decided to move stop down on GBP to 1.5375 and let ride giving me 110 pips if hit or more if it keeps tumbling.
Nice job.
Stay right side of the market. Wise to keep/trail stop as gbp is approaching some important support levels in the low-mid 153s so we would well pause a bit down here and bounce around/rebound. Stay flexible.
Good luck.
Rgds
c-c
100 pips is fine with me! Re entry shorts waiting at 1.543 and 1.546. Cable been more fun than Eur lately! Eur still holding open.
Yesterday I closed out all my EUR/USD for what was a good day. That will be the end of my trades for this pair until the new year. I have several positions in the AUD/USD that are still in the red for close to -200 pips. Either price will reverse and I can close these positions at a profit or they will be stopped out soon at a loss.
I'm looking forward to the new year!
Brian
-Good things come to those who are persistent.
I expect weekly jobless claims to come at about 420k. As for Personal income and expenditure, I expect the former to rise by 0.25% and latter by 0.38% . So, that should put a good bid in green back.
And as I wrote earlier, maintain my short and see a possible break of 3000 today.
I expect weekly jobless claims to come at about 420k. As for Personal income and expenditure, I expect the former to rise by 0.25% and latter by 0.38% . So, that should put a good bid in green back.
And as I wrote earlier, maintain my short and see a possible break of 3000 today.
Cheers
Jobless claims spot on! 420k, P.I 0.30% .5% over my estimate and Expenditure came at .4% up 0.02% from my target.
Wanted to wish everyone a Merry Christmas!, Havnt been around on the forum much as i have my hands in a number of ventures at the moment and there is never enough time in the day!!!! Hope everyone has a Prosperous New Year!!! ..... Mike
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Originally Posted by c_cubed
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