Swingtrading forex

[expiated]

On friday I opened a long gbp/usd position @1.2712 because of a morning star on the daily. My target is 1.2819, my stop is at the low of two days ago.

This afternoon I opened a long GBPUSD position as well in that, if the pair is indeed going to follow through on reversing north for a minimum of a day or two (or perhaps longer) 1.2680 appears to be an advantageous level, structurally speaking, from which I might be able to take advantage of the change in sentiment.

 

[samuel11]

I am long from 1.2699 too lol

 

[expiated]

If GBPUSD happens to show signs of getting a second wind and heading higher, I might go back for seconds. But for now, I’m happy to pocket 12 pips worth of profit, having exited my position @ 0.2696.

 

[expiated]

At 1.2660 my bullish signals have all been cancelled.

 

[cvds16]

I cancelled my eurjpy order. Very undecisive action in gbpusd today once more, hope we see some more action tomorrow or the day after (last time at which I will close this trade).

 

[cvds16]

I got a buy order open at 1.2666 in gbpusd: pinbar on the 8h chart, targeting for 40 pips, same stop.

 

[cvds16]

I got a buyorder in gbpjpy too because of pinbar on the 8H at 138.46 for 59 pips stop and target.

 

[cvds16]

Both buy stops got triggered.

 

[expiated]

GBPUSD was rejected by support at the 1.2638 level on May 22nd and then again a second time on May 23rd.
Good luck!

 

[cvds16]

that gbpusd didn't work out: -40 pips, the other one is still running.