Thread: JohnG_FX Journal

UK retail sales holding up - November inflation survey coming in much higher at 3.9%

That's giving cable some support against the Euro - wait and see where 10y treasuries and equities go on the US open.

Still with the same wave counts - IF the drop yesterday was an ABC W2 then C came in almost exactly on a 1.618 expansion of A

The jury is still out

Originally Posted by 2be

Hi John,
I am also building long position on G/U with the earliest entry in the red, but with a hard SL just below 1.5484, allowing for a small spike down and some silly overnight enlarged spread. Shall add to the position tomorrow.
On H1 and M30 some signs of eagerly awaited reversal.
I wander why GBP has been pushed so much more lower then EUR in relation to USD.

I have tighten the SL on G/U longs to 1.5575, just in case the downside momentum continues. I cannot be at the computer for the next few hours and do not want to be too much exposed.
John, many thanks for your postings, I shall visit your journal more often.
Best regards,
Marek

If we can break 1.5633 I'll be a bit happier

Looking to add on that break and raise stops to just below w2 which could be in already

Originally Posted by JohnG_FX

If we can break 1.5633 I'll be a bit happier

Looking to add on that break and raise stops to just below w2 which could be in already

Hi John
I echoe your sentiment, at 1.5630 i will be at break even on my trade, getting some bullish stance on the 4 hour , so things could be looking up. I am waiting for it to eclipse todays high before raising my stops.

There's the 1.5633 break

Stops raised to 1.5458, If I'm correct on my delta we should now head up above 1.5911 for ITD 9

Originally Posted by JohnG_FX

There's the 1.5633 break

Stops raised to 1.5458, If I'm correct on my delta we should now head up above 1.5911 for ITD 9

With due patience our break has finally arrived. I have taken my stops up to 1.5554. Lets see how much of gas cable has to launch forward. its just past 11pm here, so good evening to you John and everybody else,till tomorrow morning gentlemen.

Originally Posted by JohnG_FX

There's the 1.5633 break

Stops raised to 1.5458, If I'm correct on my delta we should now head up above 1.5911 for ITD 9

Error on that stop

Should have read 1.5558

Originally Posted by JohnG_FX

Error on that stop

Should have read 1.5558

Morning John
I thought as much, but iv learned over the years to never question a trader's stops. Asia has opened up on a positive note as cable has barely retraced the gains made during the dying hours yesterday. My targets are upper 1.58

Well cable has wrong footed me again.

One of my favourite songs this - the words say it all.

http://youtu.be/MGu6JsQOFjM

Unfortunately I thought I was away from the waffle etc on the journal thread.

I see it has been discovered by The One who gets His signals from above.

I find it distracting to read all the rubbish that's posted. I'll set up a blog on my domain over the christmas period.

Until then .......

Wishing everyone an enjoyable break.

Originally Posted by JohnG_FX

Unfortunately I thought I was away from the waffle etc on the journal thread.

I see it has been discovered by The One who gets His signals from above.

I find it distracting to read all the rubbish that's posted. I'll set up a blog on my domain over the christmas period.

Until then .......

Wishing everyone an enjoyable break.

Lol
First, Happy new year
Second, You know I follow you even if I do not post, you have my personal email and let me know where I can follow you or send me a private message with the address to your blog.

Hope 2011 as good as 2010. Keep uncle Ben alive so he can keep the cheap money coming and the markets up (the one way trade...sell the dollar and buy aud, nzd, GBP).

I'm still trying to get the blog running as I want.

Definitely in the BETA stage but the link is below if anyone wants to follow - I'll be posting my trade setups there

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