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10-11-2011, 07:26 AM #22066
Pip and Run Trading Results: 8 Wins out of 10 Trades for +40.2 Pips!
Pip and Run Trading Results: 8 Wins out of 10 Trades for +40.2 Pips!
EUR/USD , GBP/JPY and GBP/USD were are big winners. My first trade shorting the the Euro limited out in 1 minute!
Other trades were moving in my favor but were giving back initial gains, so I closed them all out for small gains or small losses.
Join Greg McLeod, Daily FX Moderator and Trader as he trades live at 6 am Eastern Time /10:00 GMT in his "Pip and Run" Trading Room
Watch Replay Here:
http://gregmcleodtrader.blip.tv/post...rchive&nsfw=dc
Follow Greg McLeod on Twitter:
http://twitter.com/#!/gregmcleodtradr
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10-12-2011, 06:12 AM #22067
time for GU
nothing to say but my chart maybe can say somethings
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10-12-2011, 08:57 AM #22068  Originally Posted by lovelyforex  nothing to say but my chart maybe can say somethings Thanks for sharing lovelyforex. I think I understand what your chart is saying!
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10-12-2011, 12:30 PM #22069
GBP/USD SSI Supports Your Trade Idea!
Hello Lovelyforex! I was just looking at DailyFX Plus Speculative Sentiment Index(SSI) and it confirms your trade idea. SSI says that 71% of all GBP/USD traders are short. With so many traders short the upside seems a lot more likely.
What are your thoughts?
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10-13-2011, 08:48 AM #22070
Testing SSI out on this
I noticed yesterday that SSI pointed to traders being short, so I have put in a long position this morning based on slow stochastics. I'm testing this for now, so here's to hoping it works out ;-)
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10-13-2011, 08:57 AM #22071 Originally Posted by FXTerri I noticed yesterday that SSI pointed to traders being short, so I have put in a long position this morning based on slow stochastics. I'm testing this for now, so here's to hoping it works out ;-) Good luck to you FXTerri. Let us know how this trade turns out!
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10-13-2011, 09:12 AM #22072
GBP/USD Could Move Higher On US Equity Market Open
GBP/USD Could Move Higher On US Equity Market Open
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10-13-2011, 10:30 AM #22073
Great call Greg! Playing out nicely so far...
Originally Posted by Gregory McLeod GBP/USD Could Move Higher On US Equity Market Open
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10-13-2011, 11:09 AM #22074
400 PIP 1:1 Risk reward on GBP/USD
Good day Gregg.
I posted this in my journal earlier today. http://forexforums.dailyfx.com/my-fo...tml#post941076
G/U appears to be headed to the 1.61 area. I would place a stop around the 1.5270 area.
This is based on the 4H chart.
Edit: At the time of the original posting the price was +-1.5680.
Last edited by NHAppraiser; 10-13-2011 at 11:12 AM.
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10-13-2011, 01:23 PM #22075
Cable Exceeded Target!
Originally Posted by Phillip Havea Great call Greg! Playing out nicely so far... Originally Posted by NHAppraiser Good day Gregg.
I posted this in my journal earlier today. http://forexforums.dailyfx.com/my-fo...tml#post941076
G/U appears to be headed to the 1.61 area. I would place a stop around the 1.5270 area.
This is based on the 4H chart.
Edit: At the time of the original posting the price was +-1.5680. Originally Posted by FXTerri I noticed yesterday that SSI pointed to traders being short, so I have put in a long position this morning based on slow stochastics. I'm testing this for now, so here's to hoping it works out ;-) Hello Traders! Despite a weak US stock market open on weaker Chinese export data, Cable decided to rally as bargain hunters stepped in to buy risk.
FXTerri, you were testing out SSI. Let us know how that trade went as more retail traders were shorting GBP/USD. This set up a nice short squeeze rally.
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10-13-2011, 01:53 PM #22076
Pip and Run Trading Room Results: 3 Trades 3 Wins for +16.9 Pips
Pip and Run Trading Room Results: 3 Trades 3 Wins for +16.9 Pips- I used the TSII platform for 3 successful counter-trend scalps today on Euro and Aussie.
Hello Traders! I will be away from my desk tomorrow, Friday October 14th. I look forward to seeing you again on Monday!
Have a pipful Friday and a great weekend!
Regards,
Greg
Join Greg McLeod, Daily FX Moderator and Trader as he trades live at 6 am Eastern Time /10:00 GMT in his "Pip and Run" Trading Room
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10-13-2011, 07:12 PM #22077 Originally Posted by Gregory McLeod Good luck to you FXTerri. Let us know how this trade turns out! Made 48 pips on this trade today...SSI definately goes into my trading plan.
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10-13-2011, 07:43 PM #22078 Originally Posted by FXTerri Made 48 pips on this trade today...SSI definately goes into my trading plan. Hey FXTerri! Congratulations on your winning GBP/USD trade! Thanks for sharing!
http://forexforums.dailyfx.com/gbp-u...tml#post941653
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10-14-2011, 11:38 PM #22079
GBP/USD heading into a wedge. Ew experts may disagree with my wave count Lol.
Never rush a trade. Make haste slowly.
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10-17-2011, 05:32 AM #22080
GBP/USD 30-Minute Chart: Ready to Retest Breakout Area
GBP/USD 30-Minute Chart: Ready to Retest Breakout Area- After a week-long 200 pip run up, Cable is due for a little break on profit taking. The 1.5634 area should come into focus.
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