Thread: Discuss the GBP/USD with a DailyFX Analyst

Originally Posted by FX Newb

if todays current low holds..the bounce could come close to 1.8750 using the 150-160 pips daily movement...fingers crossed

now looking to head back south?...has completed daily pip moves..should retest 1.8700 now according to my trend line..

@FX Newb

Are u sure it will not fall more then dat?

Originally Posted by FX Newb

now looking to head back south?...has completed daily pip moves..should retest 1.8700 now according to my trend line..

still wanting more! lol

keep it coming

Originally Posted by xsay

@FX Newb

Are u sure it will not fall more then dat?

no im not sure...around 1.870/1.8720 is the suport trend line..that has kept us long since yesterday...all im saying is it is innevietable it will test that line..where it goes from there i wouldnt like to say...

looking for a finish above 1.870 at NY close..hopefully 1.8725

anyone else ?

Originally Posted by FX Newb

no im not sure...around 1.870/1.8720 is the suport trend line..that has kept us long since yesterday...all im saying is it is innevietable it will test that line..where it goes from there i wouldnt like to say...

looking for a finish above 1.870 at NY close..hopefully 1.8725

anyone else ?

hey Newb

just got back home from the Day Job and I see quite a change in the pair.....hopefully you are still going long from your entry at 8560....? or close to that...I did a little short yesterday and pulled off a $400 profit.....looking for an oportunity to go short again in the overbought Daily action.........hmmmmmm....were should I go short....lol....around here the 8750 - 60 area .........

take what you can and give nothing back

Be mindful that tomorrow is the first possible reversal zone, though myself personally thinks the second reversal zone is more likely. It is wise to start closing some of the longs and leave the others run to see if upmove still continues.

First squaring point (23.6% fib): 8890 on Aug 22
Second squaring point (38.2% fib): 9130 on Aug 28

Happy Trading

Originally Posted by Vince

hey Newb

just got back home from the Day Job and I see quite a change in the pair.....hopefully you are still going long from your entry at 8560....? or close to that...I did a little short yesterday and pulled off a $400 profit.....looking for an oportunity to go short again in the overbought Daily action.........hmmmmmm....were should I go short....lol....around here the 8750 - 60 area .........

take what you can and give nothing back

hey vince yes a good day for me today been on it for 12 hours though lol..but 3k$..im currently short 1.8750 looking for 1.870/1.872...then will add another long at that level with a tight SL as tommorow is going to push 1.89

currently still holding long @ 1.8615..did enter 200k on that one as if you have time to look on 5M chart it gave me a good reverse signal..

good luck pal

well done on the 200K at 8615 that's a pretty good return.. I am just picking out small profits at the moment...the day job comes first.....when I get home the LSE is just closing and I have to trade onwards after 6 O'Clock and then it gets really slow....how do they make any money over there in the states...?..I did go short at 8658 and now will niop out for Dinner and will be back in a couple of hours, see if it can fall through the 8738 area first......see nowt happening at the moment stalling for a long time at 8749.....how do you get these smilies in the text?

take what you can and give nothing back

Originally Posted by Vince

well done on the 200K at 8615 that's a pretty good return.. I am just picking out small profits at the moment...the day job comes first.....when I get home the LSE is just closing and I have to trade onwards after 6 O'Clock and then it gets really slow....how do they make any money over there in the states...?..I did go short at 8658 and now will niop out for Dinner and will be back in a couple of hours, see if it can fall through the 8738 area first......see nowt happening at the moment stalling for a long time at 8749.....how do you get these smilies in the text?

take what you can and give nothing back

3 up and downs forming on the 1M chart...and the bars are getting smaller indicating that the drop should hopefully come very soon..

shift-colon-closed bracket =

Ahhhhhhh old style then.....lol
got to go for dinner I have just put in a S/L @ 8722

;-)

take what you can and give nothing back

Please can anybody tell me a good web site for latest new?

Originally Posted by Vince

well done on the 200K at 8615 that's a pretty good return.. I am just picking out small profits at the moment...the day job comes first.....when I get home the LSE is just closing and I have to trade onwards after 6 O'Clock and then it gets really slow....how do they make any money over there in the states...?..I did go short at 8658 and now will niop out for Dinner and will be back in a couple of hours, see if it can fall through the 8738 area first......see nowt happening at the moment stalling for a long time at 8749.....how do you get these smilies in the text?

take what you can and give nothing back

looks like you were right..been bored out my skull waiting lol..challenging 8738 finally.!!!

i have 400k on this one so it means more lol



im out for a loss..going out..couldnt leave that short on...had a good day,if not guilty of trying too hard...rookie mistakes lol


good luck!!

Please can anybody tell me a web site to get latest new!!!!!!!!!!!!!!!!!!!!!

Please can anybody tell me a web site for latest news?

Originally Posted by olamyde

Please can anybody tell me a web site for latest news?

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