entered: 2:44pm CST short 1 GBP/USD at 1.6997 stop: 1.7025 target: 1.6977 Trailing stop: 15 for the GBP/USD 1.7000 is way to significant to stay there...look for huge retrace 'down'...for me...20 pip profit would be sweeetttt
Btw. when you guys get the chance go to the dukascopy website and check out the cartoons they have.. especially about taking profit! very hilarious!
there has got to be a serious 'short set-up' in the works for the AUD/USD between the .8400-.8500 range..anyone seeing it?...get some news combined and this cross is heading 'south'...thoughts?
Too soon to say. right now at very integral moment. i would short @ .8359, take profit .8319. but right now is TOO soon to enter.. break above 0.8424 makes me bullish but cautious. Another break above 0.8469(i would enter here). could lead to 0.8537(take profit here) to 0.8646(take profit here).. we shall see. I don't usually trade the audusd.. eurusd & gbpjpy are my favorites