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11-19-2009, 12:58 PM
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Quote:
Originally Posted by RangeRider4300
ok......entries At @88.80-88.75.or lower..that would be if the gbp is losing strenght as the eur seems to be hanging on to its foothold.....does look like some consolidation @ 89.30 I'll watch....haven't paid that much attention to that pair......good time to look, feel, and learn........without knowing what news might impact the pair
thanks sean
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Yesterday when it was moving so much in the % gainers it meant that the euro was moving upward vs. the gbp. So the euro was going up and the gbp was going down, causing the EUR/GBP pair to head upward on the charts. Correct.
Any direct euro zone (especially Germany) news or any UK news would affect it.
RangeRider, thanks for posting this question. Glad you asked.
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11-19-2009, 01:09 PM
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Quote:
Originally Posted by advfn2828
Hi Sean and all contributors
First up Sean - thanks very much for sorting my posting issue so quickly!!
I just wanted to post a quick intro having spent the last few days reading through this entire thread and I am greatly impressed with the information contained in it.
My name is Graeme and I am based in the UK and have been trading a small live FX account since May this year, having previously made all the mistakes under the sun in share trading - I wont bore with the details here - but it was a painful experience as many before me will have experienced I am sure.
So far my FX experience has been OK I am still pretty much in the black (with the odd dip into the red lol) after 6 months so at least that is a step in the right direction.
In that last 18 months or so though I have spent many many hours on forums and blogs and you tube etc educating myself on FX and trading through demo accounts up until the last 6 months.
In that time I have tried many different forms of trading - day, swing, positions and scalping etc and am coming to the conclusion that my mentality suits scalping as I like to see results quickly. I also trade around a busy day job, and whilst common protocol is to take longer term positions, I find short term trades taken before London open and late US/Asia suits be better.
Anyway, I am looking forward to becoming a part of this forum and participating as often as possible.
Best of luck all
Graeme
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advfn, you're welcome. Glad to have been of help to you.
Welcome to the trading community. Glad to have you as a member. Looking forward to more posts from you.
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11-19-2009, 02:47 PM
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AUDUSD
AUDUSD has pulled back to the up trend line on the daily chart today offering a spot for traders to try long positions in the direction of trend making it a higher probability trade ..
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11-19-2009, 04:13 PM
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eur/usd 5 min chart
Looked at Euro at 7:00 a.m. 37 pip channel & 7:30 slo sto moving up & entered long at support with tight stop. Closed it out prior to unemployment report for 24 pips. Appears there is opportunity at times prior to news releases. 
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11-19-2009, 04:46 PM
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Are you new to the forums and want to start posting with us here in the trading community?
Check out this short video and I'll show you how to get registered for free and how to maneuver through the forums.
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Yesterday, 01:00 AM
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Nov20 DailyFX Forum Highlights
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Yesterday, 11:19 AM
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Quote:
Originally Posted by Matt Russell
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Hope you guys will pay close attention to what Matt has to say...he's a great trader and has some awesome insights. I personally get a whole lot out of his videos. Great work, Matt!
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Yesterday, 04:16 PM
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DailyFX Power Course Instructor
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Are you new to the forums and want to start posting with us here in the trading community?
Check out this short video and I'll show you how to get registered for free and how to maneuver through the forums.
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