Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account

View Poll Results: What impact will the Bank of England Rate Decision have on the GBP/USD?

Voters
14. This poll is closed
  • Send GBP/USD Higher!

    8 57.14%
  • Send GBP/USD Lower!

    4 28.57%
  • The rate decision will not have a significant impact.

    2 14.29%
Register


Results 23,581 to 23,595 of 24118
Page 1573 of 1608 FirstFirst ... 573 1073 1473 1523 1563 1569 1570 1571 1572 1573 1574 1575 1576 1577 1583 ... LastLast

Thread: Discuss the GBP/USD with a DailyFX Analyst

  1. #23581
    Alejandro Zambrano's Avatar
    Alejandro Zambrano is offline DailyFX Moderator
    Join Date
    Feb 2010
    Posts
    16,801
    Blog Entries
    1

  2. #23582
    Gregory McLeod's Avatar
    Gregory McLeod is offline DailyFX Moderator/Trader
    Join Date
    Sep 2007
    Posts
    19,042
    Blog Entries
    26

    GBP/USD 4-Hour Chart Lower Highs Making Case for Bears

    Quote Originally Posted by STORMTROOPER View Post
    GBP/USD very buoyant since the low from earlier today.

    Price action currently approaching overbought reading (RSI) on the hourlies and I'm watching to see if there is a possible short trade on a test of yesterdays high @ 1.55800
    Hello Stormtrooper, I am short GBP/USD . I might have gotten in a bit early. Are your short?
    Trader, Gregory McLeod moderates the DailyFX Forum.

    If you are a new user to the DailyFX Forum, or not sure where to get started, please go to:
    How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.

    Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.

    Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT in Pip & Run Trading Room.

    For short term forex trading or scalping follow me on Twitter @gregmcleodtradr

  3. #23583
    Gregory McLeod's Avatar
    Gregory McLeod is offline DailyFX Moderator/Trader
    Join Date
    Sep 2007
    Posts
    19,042
    Blog Entries
    26

    Where do you think GBP/USD will be at the End of the Month?

    Where do you think GBP/USD will be at the End of the Month? Participate in our new GBP/USD poll!
    Trader, Gregory McLeod moderates the DailyFX Forum.

    If you are a new user to the DailyFX Forum, or not sure where to get started, please go to:
    How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.

    Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.

    Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT in Pip & Run Trading Room.

    For short term forex trading or scalping follow me on Twitter @gregmcleodtradr

  4. #23584
    Join Date
    Jun 2007
    Posts
    217
    Hi Gregory,

    Yes, Short @ 1.55550 with a Stop Loss @ 1.55850 and an open target. Will move Stop Loss to Break Even on a break of 1.55100. Price action very choppy.

  5. #23585
    Join Date
    Jun 2007
    Posts
    217
    Out @ 1.55250 + 30pips

  6. #23586
    Join Date
    Jun 2007
    Posts
    217
    Initiated a small long position @ 1.55250 with a 30 pip S/L and target of 1.55850

  7. #23587
    Howdyy is offline Member
    Join Date
    Jul 2011
    Posts
    325
    Quote Originally Posted by Gregory McLeod View Post
    Where do you think GBP/USD will be at the End of the Month? Participate in our new GBP/USD poll!
    Hi Greg. I sent you a PM.

  8. #23588
    Gregory McLeod's Avatar
    Gregory McLeod is offline DailyFX Moderator/Trader
    Join Date
    Sep 2007
    Posts
    19,042
    Blog Entries
    26
    Quote Originally Posted by Howdyy View Post
    Hi Greg. I sent you a PM.
    ok checking now
    Trader, Gregory McLeod moderates the DailyFX Forum.

    If you are a new user to the DailyFX Forum, or not sure where to get started, please go to:
    How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.

    Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.

    Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT in Pip & Run Trading Room.

    For short term forex trading or scalping follow me on Twitter @gregmcleodtradr

  9. #23589
    Howdyy is offline Member
    Join Date
    Jul 2011
    Posts
    325

    32 lunar month Delta outlook, LM #31


  10. #23590
    Join Date
    Jun 2007
    Posts
    217
    Quote Originally Posted by STORMTROOPER View Post
    GBP/USD very buoyant since the low from earlier today.

    Price action currently approaching overbought reading (RSI) on the hourlies and I'm watching to see if there is a possible short trade on a test of yesterdays high @ 1.55800

    Hoping for another test of 1.55800+ to initiate a fresh short.

    Currently long from 1.55250 and will exit @ 1.55750

  11. #23591
    Breeze is offline Member
    Join Date
    Nov 2005
    Posts
    483

    No Change in Positions & Direction

    Long EUR/JPY @

    100.50....Active Trade....Mental Stop Loss...Open Target
    100.14....Active Trade....Mental Stop Loss...Open Target
    99.92.....Active Trade.....Mental Stop Loss...Open Target

    Long GBP/USD @

    5544....Active Trade....Mental Stop Loss...Open Target

    Long EUR/USD @

    2619....Active Trade....Mental Stop Loss...Open Target
    2593....Active Trade....Mental Stop Loss...Open Target
    your future is in your own hands

  12. #23592
    JohnG_FX's Avatar
    JohnG_FX is offline Member
    Join Date
    Feb 2004
    Posts
    2,049
    A break above 1.5600 changes the picture for me but until then it's shorts for a sub 1.5260 target.

    Nice Wolfe Wave on the 1hr
    Last edited by JohnG_FX; 06-12-2012 at 12:12 PM. Reason: Chart resolution

  13. #23593
    Alejandro Zambrano's Avatar
    Alejandro Zambrano is offline DailyFX Moderator
    Join Date
    Feb 2010
    Posts
    16,801
    Blog Entries
    1
    London session review and outlook June 12- 2012
    Review of markets covered in today's edition of Bulls vs. Bears: EUR/USD, GBP/USD, AUD/USD, FTSE100, S&P500, Gold, Brent Crude and WTI.




    Regards

    Alejandro Zambrano
    Currency Strategist | DailyFX Forum (London)

    azambrano@fxcm.com

    Follow me on twitter: https://twitter.com/AlejandroDFX


    Joining DailyFX Forum is free and offers an extended range of features, including: Replying to other peoples' threads and receiving email notification of replies to posts and threads you specify. Click here to join.

  14. #23594
    Alejandro Zambrano's Avatar
    Alejandro Zambrano is offline DailyFX Moderator
    Join Date
    Feb 2010
    Posts
    16,801
    Blog Entries
    1
    Quote Originally Posted by STORMTROOPER View Post
    Hoping for another test of 1.55800+ to initiate a fresh short.

    Currently long from 1.55250 and will exit @ 1.55750

    We are not far off right now - yet keep an eye on S&P00 it can mess things up

  15. #23595
    Breeze is offline Member
    Join Date
    Nov 2005
    Posts
    483

    charts

    here we go
    your future is in your own hands

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.