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Category Archives: GBPUSD Trades
24 February 2011 – 0942 EST GBPUSD Short
Price moved in nice swings this morning. After an initial successful short during the 0500 session, the Pound rebounded a bit before creating a double top on the 15 minute chart and then reversing back to the short side. We … Continue reading
Posted in GBPUSD Trades, Trades Missed, Winning Trades
Tagged Day Trading, Fibonacci Extensions, ninjatrader, pivot lines, profit targets
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24 February 2011 – 0551 EST GBPUSD Short
I got this short signal on the 3 minute GBPUSD chart at 0551 EST this morning. I aligned my rolling pivot line levels with the Fibonacci Retracement levels on the 15 minute chart, which was in a down trend, and … Continue reading
110214 – 0436 EST GBPUSD Short
Over the weekend I put my short term swing trading method back together. Somehow, in switching from Metastock to Ninjatrader, I lost some of my fundamentals. Now I feel I have them back and with some improvements. The trade below was … Continue reading
26 January 2011 – 0424 EST GBPUSD Long
I took this trade @ 0424 EST @ 1.5830. I wanted my targets to be 1.5838 and 1.5868, but price spiked up too fast for me to adjust the second stop, so I got out at 1.5852 (missing out on … Continue reading
25 January 2011 – 0800 EST Session GBPUSD
I took a few trades during the 0800 session in the GBPUSD. Two were small losers and one was a medium winner. Trade 1 Short 3 @ 1.5772 Close 3 @ 1.5784 P&L: -12 (-36 PIPs) Trade 2 Long 3 … Continue reading
25 January 2011 – 0512 EST GBPUSD Short
Here was a short trade setup that occurred just before the 0430 EST GBP news release. This was a risky trade, because the news releases sometimes result in a whipsaw. I certainly would not try to enter right at the … Continue reading
Posted in GBPUSD Trades, Trades Taken, Winning Trades
Tagged British Pound, cable, Day Trading, forex, pivot lines, profit targets, trading method
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24 January 2011 – 0800 EST Session GBPUSD Longs
2 long trades setup during the 0800 session. The first was @ 0812, which resulted in a stop out. The second was @ 0936, which reached all the way to S2 target.
24 January 2011 – 0400 EST Session GBPUSD Shorts
2 shorts during the 0400 EST session…the first @ 0415 and the second @ 0512.
Posted in GBPUSD Trades, Trades Missed, Winning Trades
Tagged British Pound, Day Trading, Forex Volume Indicator, free forex chat
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