View Poll Results: What impact will the Bank of England Rate Decision have on the GBP/USD?
- Voters
- 14. This poll is closed
| -
11-05-2009, 09:35 PM #11971
Nov5 DailyFX Forum Highlights 10PM
Enroll in our online DailyFX Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in our online courses in the past. The new DailyFX Course has nearly 600 minutes of content delivered via video so you can learn at your own pace. Join the instructors in live webinars where they will show you how to use the highlighted tool in current market conditions. Click here to get more information. -
11-05-2009, 10:30 PM #11972
Update
hello everyone still long @
6447
6600
Last edited by Breeze; 11-05-2009 at 10:41 PM.
your future is in your own hands -
11-05-2009, 10:35 PM #11973
- supports holding
- targeting 6670/6690
- RSI in the short term trending up at neutral-high levels - indicating more room for spikes/follow through
- indicator extremes @ 6680/6730 can be sold into dollar rebound with small risk @ 6740/6760
- move below 6560 needed to resume any downward movement
DISCLAIMER: Trade at your own risk. -
11-05-2009, 10:52 PM #11974
weekly lines
also check these weekly line to get a clear picture of the next move a failer to break above the yellow trendline will send the pair back to 6500-6400.....but a break above will head for 6740-1700
your future is in your own hands -
11-05-2009, 11:15 PM #11975
Update
I went long Geppy @
150.54.....though it might not be a good trade as MACD pointing lower...the pair is in a buying mode.
Last edited by Breeze; 11-05-2009 at 11:18 PM.
your future is in your own hands -
11-05-2009, 11:17 PM #11976
- 2hr and 4hr candles closed strong - definitely pointing to further gains
- no doubt that 12hrs from now, we could be at 6800+, not ruling it out - the short unwinding that could occur @ 6680-6740 could easily propel this pair to new highs
- resist the urge to sell this pair folks - not 100% clear, but the potential inverted h&s on the daily could spell trouble for short term bears
have a good one - see you next week
DISCLAIMER: Trade at your own risk. -
11-06-2009, 02:46 AM #11977
im still loving you
before NFP for cup of coffee
-
11-06-2009, 03:11 AM #11978 -
11-06-2009, 03:31 AM #11979
Morning All
heres how I stand on the market
Last edited by Breeze; 11-06-2009 at 10:17 PM.
your future is in your own hands -
11-06-2009, 04:05 AM #11980
I wandered lonley as a cloud
Morning
No change - holding all shorts with stops @ 1.6698
However I'm not enjoying this prolonged and continuous edging up..........
-
11-06-2009, 04:06 AM #11981  Originally Posted by Breeze heres how I stand on the market Breeze
What are you trying to show by just posting the current market prices ?
-
11-06-2009, 04:40 AM #11982  Originally Posted by JohnG_FX Breeze
What are you trying to show by just posting the current market prices ? how I stand on the market.....
your future is in your own hands -
11-06-2009, 04:47 AM #11983  Originally Posted by JohnG_FX Breeze
What are you trying to show by just posting the current market prices ? I think the pairs and way the arrows are pointing on that chart will be his trades...only a guess...the arrows do all point in the same direction for each pair
thats a lot of trades
Last edited by CodyB; 11-06-2009 at 04:51 AM.
Don't Chase the market let the market come to you -
11-06-2009, 04:47 AM #11984  Originally Posted by Breeze how I stand on the market..... You are just posting a screenshot of current prices on a variety of markets.
That doesn't help anyone in undestanding what positions you hold - long or short, why you took them or what you are expecting.
Edit : if as Cody B says the arrows indicate trades, then you are short on cable on the spot and CFD.
For it to be of benefit it would help if you could identify at what price you took those shorts - where is your get out/stop and what is your price target.
It just makes it easier for everyone else to understand - thanks
Last edited by JohnG_FX; 11-06-2009 at 04:52 AM.
-
11-06-2009, 04:52 AM #11985  Originally Posted by JohnG_FX You are just posting a screenshot of current prices on a variety of markets.
That doesn't help anyone in undestanding what positions you hold - long or short, why you took them or what you are expecting. check post #12239....#12241....#12242......I'm long both on GBP/USD Forex and CFD.......long on Oil.....long on Geppy long on HSBC long on HK Exchange
total no of trades 6.....red marking is loosing trades and green marking is winning trades...I hope this helps
Last edited by Breeze; 11-06-2009 at 04:57 AM.
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
-
Forum Rules
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.