Gbpusd - 22/02/2011
GBPUSD was disappointing today however, I still have a bend towards the long play. Rebound coming soon, is my personal feeling.
Will go long if 1.61 is not breached otherwise, short if it does.
The long play is above 1.61 - target 1.62656
The short play below 1.61 - target 1.606. Will wait for New York open to take my position.
Gbpusd - 24/02/2011
Copy at your own risk. This is my personal play for today.
Enter above - 1.62250
Stop Loss - 1.61750
Take Profit - 1.626
Will not trade on Friday, will return to trading on Feb 28 2011.
Good Luck and Happy Trading.
Gbpusd - 28/02/2011
My Preference: SHORT positions @ 1.6135 with targets @ 1.61 - 1.609
Enter below 1.6135
Stop Loss 1.1618
Take Profit 1.61 - 1.609
This is my personal play for today. You copy at your own risk. Please do what's right for you.
New to the forum but wanted to offer my advice here.
Currently I am short on the GBPJPY at price 129.499 on a daily chart. I based this trade on a EMA and bollinger band. so far it is the right direction 165 pips, not too shabby. My stop is at 130.120 as that would have it forming a new swing high.
Do you agree or disagree with this trade?
GPBUSD here
Daily Pivots: (S1) 1.5607; (P) 1.5654; (R1) 1.5731
Is GBP/USD will cross 1.5870 ???
Is GBP/USD will cross 1.5870 ???
Here is my analytic for today:
Buy and if the price countinue bullish movement than take profit will be: 1.60125
if the price turns against than stop loss will be: 1.59846.
Enjoy guys.
My forecast for GBPSD:
I'm gonna to put an order on SELL 1.62354 bearish movement will start. Take profit:1.61133.
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March 7 2011.
While I was writing this the GBPUSD was at 1.63182 - 05:45 hours Toronto Time, it appears to be falling. I'll will wait for it to fall some more and then go long at 1.628 with a target of 1.632, I would use a stop loss that's comfortable for me. This is my private play. You follow at your own risk.