sharetrader
Page 7 of 38 FirstFirst ... 3456789101117 ... LastLast
Results 61 to 70 of 378

Thread: GBP.USD

  1. #61
    Member
    Join Date
    May 2005
    Location
    , , New Zealand.
    Posts
    318

    Default

    Closed my long Pound position at +36

    Not much, but it helps defray the cost of my recent "Pounding"

    I'm not feeling comfortable at the moment with what's happening...so I think I'll just stay on the sidelines and watch a bit.

  2. #62
    action-reaction arco's Avatar
    Join Date
    Dec 2001
    Location
    AUD.NZD
    Posts
    2,877

    Default


    Mentioned on the 23rd........

    quote:GBP looks over done at the moment with various minor
    supports positioned in the area down to Gann levels
    at 8311/8189.
    Yesterdays low turned out to be an amazing 8189.
    The crystal ball is working again (perhaps)





    ___________________


    ___________________

  3. #63
    Member
    Join Date
    May 2005
    Location
    , , New Zealand.
    Posts
    318

    Default

    I bought small bits at .8243 , .8210 , & .8200 but sold the lot late last night at .8263.

    My "gut" tells me the Pound is oversold so I'll be focusing on finding another entry point to buy in the coming week.


  4. #64
    Legend peat's Avatar
    Join Date
    Aug 2004
    Location
    Whanganui, New Zealand.
    Posts
    6,435

    Default

    hell of a ride shorting cable last nite.... +25 now but was a trade very nearly gone bad!! -60 at one stage was hurting , double down policy paid off on this occasion , not always a smart hing to do tho.

  5. #65
    action-reaction arco's Avatar
    Join Date
    Dec 2001
    Location
    AUD.NZD
    Posts
    2,877

    Default


    Gann level at 8066 could halt southward
    progress for a spell.

    Notice the oscillator is in serious divergence
    mode.


    ___________________


    ___________________

  6. #66
    Member
    Join Date
    May 2005
    Location
    , , New Zealand.
    Posts
    318

    Default

    Exited a long position at 8192 for +50 yeeha!

    But admittedly, it was a bit dicey [:0]

  7. #67
    action-reaction arco's Avatar
    Join Date
    Dec 2001
    Location
    AUD.NZD
    Posts
    2,877

    Default


    quote:2/6 Gann level at 8066 could halt southward
    progress for a spell. Notice the oscillator is in
    serious divergence mode.
    The Gann level I mentioned held as support with
    a low of 8078 and the oscillator proved its
    value as a predictor, giving a nice gain
    of 150 pips+/- for short term traders.

    IMO the maximum run we should see is to 8554 where
    a major wall will appear. Some resistamce
    could also be encountered around 8310.













    ___________________


    ___________________

  8. #68
    action-reaction arco's Avatar
    Join Date
    Dec 2001
    Location
    AUD.NZD
    Posts
    2,877

    Default


    The north bound signals on this one have been
    showing for some time (read previous posts).
    Now we see a Morning Star derivative pattern
    with the oscillator crossing zero positive.

    Looking bullish (in the short term anyway).
    Longer term still looks south bound.






    ___________________


    ___________________

  9. #69
    Senior Member slam's Avatar
    Join Date
    Aug 2003
    Location
    Christchurch, , New Zealand.
    Posts
    569

    Default

    Anyone else onboard this one?
    Done 700pips in 7 days, taking a rest but more to come imo
    (didn't get on at the top tho but)

    Cheers
    Slam

  10. #70
    Guru Xerof's Avatar
    Join Date
    Mar 2005
    Posts
    3,005

    Default

    Slam, no this one slipped (crashed more like it) under the radar, as I was focussed on other pairs, but as it has turned out was probably the best bang for ones buck

    There's an old saying in the market - 'it's never too late to sell the pound' - it probably still applies....


    Xerof

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •