GBP/USD Trading

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increasenow

this morning was the first time ever I traded the GBP/USD...I live in the USA...

I made +22 pips on a one minute GBP/USD "short/sell" trade this morning...very thankful!

anyone else trading the GBP/USD?
 
I know it must have been quite a shocking new experience, but you don't need to start a new thread for every trade that turns a profit.
 
Quote from euclid:

I know it must have been quite a shocking new experience, but you don't need to start a new thread for every trade that turns a profit.
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you are right...please share your GBP/USD trading experiences...please do...thanks!
 
Quote from Brendan R:

congrats, I shorted GBP at 1.98 last year. I'm still in the trade, target 1.36
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are you very serious or joking?...how many lots?micro or standard?...do you daytrade also?
 
Quote from increasenow:

you are right...please share your GBP/USD trading experiences...please do...thanks!
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I remember once back in September I made 76 pips shorting GBP/USD. Those were the days...
 
not kidding, spot trade, cannot tell you the size.

I day trade the DAX and the ES.

GBP is good for daytrading. I would trade it with a short bias though most of the time until we see 1.36. We may see 1.54 in the short term but long and medium term bearish.

I would keep an eye on EURGBP as well, EUR should be the weakest of the 3 currencies for some time.

good luck
 
Quote from Brendan R:

not kidding, spot trade, cannot tell you the size.

I day trade the DAX and the ES.

GBP is good for daytrading. I would trade it with a short bias though most of the time until we see 1.36. We may see 1.54 in the short term but long and medium term bearish.

I would keep an eye on EURGBP as well, EUR should be the weakest of the 3 currencies for some time.

good luck
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awesome man and thanks...I've traded the DAX and ES both...really loved the DAX...but moved over to Forex...just my preference to focus on Forex for now
 
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