EUR/USD & GBP/USD & AUD/USD Forex Trading

Discussion in 'Forex' started by increasenow, Jul 13, 2009.

  1. from last night:
    short EUR/AUD @ 1.7167
    short GBP/NZD @ 2.4523
    short GBP/JPY @ 155.67 [/B]

    [/QUOTE]out on all this morning:
    +67 on the GBP/JPY
    +73 on the GBP/NZD
    +4 on the EUR/AUD
     
    #511     Aug 17, 2009
  2. ryank

    ryank

    Nice way to start the week!

    My order routing is restored but nothing too interesting to me right now.
     
    #512     Aug 17, 2009
  3. thanks...I honestly was 'shocked' when I checked my trades this morning...I really am liking the GBP/JPY, GBP/NZD and EUR/AUD for the great high-low trading range they offer...
     
    #513     Aug 17, 2009
  4. who do you trade forex again with?..who is your forex broker?
     
    #514     Aug 17, 2009
  5. GBP/USD's fall extends further to as low as 1.6274 in early US session. Break of 1.6338 support serves as an important alert that a medium term top is in place at 1.7043. Intraday bias remains on the downside for the moment and further decline should be seen to 1.5983 support to confirm the bearish case. On the upside, above 1.6438 minor resistance will turn intraday outlook neutral and bring consolidation. But recovery is expected to be limited below 1.6663 resistance and bring fall resumption [actionforex]

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    #515     Aug 17, 2009
  6. ryank

    ryank

    I trade with Thinkorswim, been with them for a long time and trust them.

    I looked at the EUR/AUD and GBP/NZD. The spread on GBP/NZD is big enough to drive a truck through! I will have to look more into EUR/AUD though. Again, good trading today. I'm just counting all of my missed pips this morning.
     
    #516     Aug 17, 2009
  7. just netted a really, really fast +31 on the EUR/JPY and +25 on the GBP/JPY...was moving smoking fast...too fast to get on ET and post it...but...it is for real!!!
     
    #517     Aug 17, 2009
  8. ryank

    ryank

    I grabbed 29 pips on GBP/JPY. You are right, that was a very fast move.
     
    #518     Aug 17, 2009
  9. you are correct...I've traded it with about 20-30 pip spread...BUT...you have to view this with a 'cushion'...meaning, can't really think scalping with this pair...but if you want a good 100 to 300 pip run or thereabout...it's good the distance...that is my only approach with the GBP/NZD...
     
    #519     Aug 17, 2009
  10. been short since 11:03am

    short EUR/AUD @ 1.7107
    short EUR/NZD @ 2.1069
     
    #520     Aug 17, 2009