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06-09-2009, 07:11 AM
4xEdge
Junior Member
Join Date: Jun 2009
Posts: 16
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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06-09-2009, 07:19 AM
4xEdge
Junior Member
Join Date: Jun 2009
Posts: 16
GBP/USD
Position: Short
Entry: 1.6066
Really strong resistance level
TakeProfit: 20-30pips
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06-09-2009, 07:23 AM
4xEdge
Junior Member
Join Date: Jun 2009
Posts: 16
Quote:
Originally Posted by
4xEdge
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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06-09-2009, 11:11 AM
4xEdge
Junior Member
Join Date: Jun 2009
Posts: 16
GBP/USD
Position: Long
Entry: 1.6084
Buying on support: Expecting small profits
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06-09-2009, 11:17 AM
4xEdge
Junior Member
Join Date: Jun 2009
Posts: 16
Quote:
Originally Posted by
4xEdge
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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06-09-2009, 12:14 PM
4xEdge
Junior Member
Join Date: Jun 2009
Posts: 16
GBP/USD
Position: Short
Entry: 1.6140
61.8% Fibonacci Big Picture
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06-09-2009, 12:54 PM
4xEdge
Junior Member
Join Date: Jun 2009
Posts: 16
Quote:
Originally Posted by
4xEdge
GBP/USD
Position: Short
Entry: 1.6140
61.8% Fibonacci Big Picture
Exit: 1.6180
Loses: -40pips
Broke 100% Fibonacci
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06-10-2009, 05:50 AM
4xEdge
Junior Member
Join Date: Jun 2009
Posts: 16
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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06-10-2009, 06:40 AM
4xEdge
Junior Member
Join Date: Jun 2009
Posts: 16
Quote:
Originally Posted by
4xEdge
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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06-10-2009, 08:40 AM
4xEdge
Junior Member
Join Date: Jun 2009
Posts: 16
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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