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  #1 (permalink)  
Old 06-09-2009, 07:11 AM
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ForexEdge Trades... GBP/USD

On this forum I will be posting my trades, as i enter them... All which will be entered on GBP/USD

So i will keep everyone posted on my activities...

-Rudy
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Old 06-09-2009, 07:19 AM
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GBP/USD
Position: Short
Entry: 1.6066

Really strong resistance level

TakeProfit: 20-30pips
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Old 06-09-2009, 07:23 AM
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Quote:
Originally Posted by 4xEdge View Post
GBP/USD
Position: Short
Entry: 1.6066

Really strong resistance level

TakeProfit: 20-30pips
Exit: 1.6029
Profits: 37 pips

Reason for close: Hit 50 EMA (exponential moving average) on 3min chart
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Old 06-09-2009, 11:11 AM
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GBP/USD
Position: Long
Entry: 1.6084

Buying on support: Expecting small profits
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Old 06-09-2009, 11:17 AM
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Quote:
Originally Posted by 4xEdge View Post
GBP/USD
Position: Long
Entry: 1.6084

Buying on support: Expecting small profits
Exit: 1.6097
Profits: 13 pips

Closed because it dosent look like it wants to break that level
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Old 06-09-2009, 12:14 PM
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GBP/USD
Position: Short
Entry: 1.6140

61.8% Fibonacci Big Picture
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Old 06-09-2009, 12:54 PM
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Quote:
Originally Posted by 4xEdge View Post
GBP/USD
Position: Short
Entry: 1.6140

61.8% Fibonacci Big Picture
Exit: 1.6180
Loses: -40pips

Broke 100% Fibonacci
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Old 06-10-2009, 05:50 AM
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Hello to everyone...

Was a very disappointing night yesterday... I missed a very good Short position...
I should have shorted at 1.6180 (resistance level) for 20-40pips...

So today my Resistance levels are 1.6430 and 1.6495. From either point i will go Short +/- 5pips and i expect take profit 20-40pips

And my Support levels... 1.6200 (+/- 5pips) from there I will go long also for 20-40pip take profit

Any other trades during this time i will post...

Currently im in a trade..

Entry: 1.6311 at 21:11
Going Long GBP/USD

I'm expecting about 10-20pips: I will exit when I have confirmation
On 1min chart it gave a low RSI signature, and gave over 61.8% big picture.

-Rudy
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Old 06-10-2009, 06:40 AM
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Posts: 16
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Quote:
Originally Posted by 4xEdge View Post
Hello to everyone...

Was a very disappointing night yesterday... I missed a very good Short position...
I should have shorted at 1.6180 (resistance level) for 20-40pips...

So today my Resistance levels are 1.6430 and 1.6495. From either point i will go Short +/- 5pips and i expect take profit 20-40pips

And my Support levels... 1.6200 (+/- 5pips) from there I will go long also for 20-40pip take profit

Any other trades during this time i will post...

Currently im in a trade..

Entry: 1.6311 at 21:11
Going Long GBP/USD

I'm expecting about 10-20pips: I will exit when I have confirmation
On 1min chart it gave a low RSI signature, and gave over 61.8% big picture.

-Rudy
Trade Closed: at 1.6355 Reason for close: hit T/P
Profits: +44pips
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  #10 (permalink)  
Old 06-10-2009, 08:40 AM
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Okay... I entered another trade

Long on GBP/USD

Entry at 0.10 at 1.6354

Reasons for entry: 3min Strong RSI support and Moving average direction, 1min Hit 50% Fibonacci small picture and 61% big picture

Take profit : This may sound far fetched but I'm looking at 1.6465 but at any time i have confirmation i will close

-Rudy
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