gbp/usd not looking too swell i dont think. been trading sideways since i got in, which is not good since i got it on a break of support but we'll see... let it ride out
gbp/usd not looking too swell i dont think. been trading sideways since i got in, which is not good since i got it on a break of support but we'll see... let it ride out
Its taking a plunge on anything. I think if you take a shot on anything overbought or oversold and give yourself the opportunity to leg in, you will be safe even though it is rocky.
I think the US market move will turn maybe after a a few days, OR even sooner.
pop,
Its taking a plunge on anything. I think if you take a shot on anything overbought or oversold and give yourself the opportunity to leg in, you will be safe even though it is rocky.
I think the US market move will turn maybe after a a few days, OR even sooner.
macd and rsi divergence, hopefully the previous high will hold... have the SL at 1.6490
are you in any trades wall?
Trading with real money has its own strong issues and Ive been dealing with them..moving from a 50k acct to a smaller one has brought some challenges and Ive been focusing on that.
Been trading but adjusting..tons of adjustments.
Quote Originally Posted by popinjay:
macd and rsi divergence, hopefully the previous high will hold... have the SL at 1.6490
are you in any trades wall?
Trading with real money has its own strong issues and Ive been dealing with them..moving from a 50k acct to a smaller one has brought some challenges and Ive been focusing on that.
I think that trade works..tomorrow should be down for the market, thus a stronger dollar. If commodities go down some (which might not be as likely) then it helps you even more.
Quote Originally Posted by rick3117:
long usd/cad
anyone around
I think that trade works..tomorrow should be down for the market, thus a stronger dollar. If commodities go down some (which might not be as likely) then it helps you even more.
had a nice trade last night for 130 going long eur.usd...long gbp/usd right now but its not looking the best. in at 1.6495 so down about 30 with three lots....it is staying above a support line i have drawn
last week of the month, lets make it a good one
had a nice trade last night for 130 going long eur.usd...long gbp/usd right now but its not looking the best. in at 1.6495 so down about 30 with three lots....it is staying above a support line i have drawn
I dont like to say this but I think the market goes down tomorrow and that might make the USD go up.
The USD is so oversold it is crazy, but on the other hand they keep TRYING to sell off the markets and they are unable, like today for example.
On the 4 hr LB chart, it broke a recent trend of higher lows/highs, lets see if it bounces off the 50 period line and goes higher into the Asian session.
pop,
That is a big trade you have going there.
I dont like to say this but I think the market goes down tomorrow and that might make the USD go up.
The USD is so oversold it is crazy, but on the other hand they keep TRYING to sell off the markets and they are unable, like today for example.
On the 4 hr LB chart, it broke a recent trend of higher lows/highs, lets see if it bounces off the 50 period line and goes higher into the Asian session.
yea.. if the markets go down that trade it kaput. it might hit my SL before that though... im out at 1.6445. still above the support, but i think ill get stopped out of this one
yea.. if the markets go down that trade it kaput. it might hit my SL before that though... im out at 1.6445. still above the support, but i think ill get stopped out of this one