Thread: Discuss GBP/USD - H2 2012

Originally Posted by citytrader46

Thanks Greg Knowledge is power!

You are very welcome!

Safer trade might be looking at Euro / GBP ... against the 79.50ish area , support turned resistance... Then again, I am banking my 10 pips today, checking in again later

Originally Posted by markie6

I would be waiting to see what happens when we reach the breakout zone... 1.576 ish. No point trying to catch a falling knife

bought 1.57756


should revisit 1.58050


manual stuff for now

Good luck, was waiting for 1.576 .. and then risk minimal...looking at supp / resis .. and trendlines, all point north from here , and yet south from not too far away..month end, weekend and Jackson hole tomorrow

Originally Posted by root-minus

bought 1.57756


should revisit 1.58050


manual stuff for now

Originally Posted by markie6

Good luck, was waiting for 1.576 .. and then risk minimal...looking at supp / resis .. and trendlines, all point north from here , and yet south from not too far away..month end, weekend and Jackson hole tomorrow

will give it some room - not much thou


should begin retrace of some manner soon

Originally Posted by scalping fool

Well Alejandro, I had to leave today and put limits in I was comfortable with, gained 20 and 16 pips, not so bad for a session when you add the 34 pips from previous long. Too bad I wasn't home to take advantage of the return to the uptrend

Thanks to you guys I am getting a little more fine tuned in my trading style

Just to add, the daily pivot and ascending trend lines helped me choose my limits

And to add one more tidbit, I believe I was in the same camp as Stryker, this can be comforting

Hey scalping fool! If you are just "tuning" up your trading style right now, I can't wait until you really start "cooking with gas." May we all be so lucky to be tuning! Congratulations!

I will see you all on Tuesday, as I observe the US Labor day Holiday a day early!

Have a great weekend. Thanks so much for sharing, each and every one of you make this place a great place to be!

Regards,

Greg

I came across a strange message that, I assume, came from the bulls......

Originally Posted by Gregory McLeod

I came across a strange message that, I assume, came from the bulls......

Lol! Have a great weekend you put a smile on my face

Originally Posted by root-minus

will give it some room - not much thou


should begin retrace of some manner soon

picture hosting



secured it



.

Looked like a dirty inv h/s so didn't risk much ...long againt the bottom for the day....

Priceless greg !!

Hei Guys, I'm in counter trade now. Buy above 1.5800 and Sell below 1.5760

Well surprise surprise both my longs are still operational this morning May as well let them ride but I will be monitoring them closely today
What do we think guys up or down today?

Originally Posted by earndollars

Hei Guys, I'm in counter trade now

Hey earndollars how do you see this? whats your entry level and targets?

Originally Posted by citytrader46

Hey earndollars how do you see this? whats your entry level and targets?

There is weekly pivot at 1.57978 and i like to trade above or below that level.