GBP/USD trading

Quote from kalzayani:

I'm longing today using these

% sure Long Long PT Long S/L
62% 1.9426 1.9438 1.9416
69% 1.9419 1.9440 1.9407
76% 1.9413 1.9442 1.9399
84% 1.9403 1.9446 1.9389
92% 1.9391 1.9450 1.9376
95% 1.9383 1.9452 1.9368
98% 1.9371 1.9456 1.9355
99% 1.9356 1.9462 1.9337
100% 1.9349 1.9464 1.9330
More...

:)

How long you been trading??
 
i like the play on the range on the daily.

had entry order to buy @ 1.9450 today but unfortunately it never hit.

the ideal target i would have aimed for is 1.9740...so for those of you who are already long you might encounter friction as it approaches that level.

i guess better luck next time on my entry. :-)
 
Interest being paid aside does cable look good long for the next 24 hours? I am really short because I left my short on during the day and that crazy USD sell off. :confused:
 
Could the indecisive doji-makers please stand up.

What was with all the nothing recently?

'Tunneling' long-period EMA's vs an EMA (12) filter on 1hr chart created a buy signal last night. I am long half a lot at 1.9567, eyeing 1.967ish.

1.9538 + 144 (fibonacci extension) = 1.9678

Heavy resistance at 1.96, closing a failure later today.

Or raking in the pips profit :)

edit: s/l 1.9515 (61.8% retrace of 1.9461 -> 1.96)
 
Who new IRAN would have such an affect on the US Dollar :confused: :confused:

Any way I settled some after the UK GDP and currently repositioning

oh and I was looking for some resistance at 1.96 too

ohhh well no one resisted well atleast did not put up a fight

seems like some one really wanted to sell USD real bad this morning at 7am (02/23/2007) can't blame them, they are probably profit taking
 
Not to worry, much more data next week than came out this week. Let's all hope that it obeys the daily chart and has a couple of handles' slide, following this run to the top of the recent range.

My EMA-tunnel indicator appears to have worked rather nicely. Opinions on use of method?
 
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