GBPUSD Trades
Posted: Thu Aug 20, 2009 8:48 am
Just a quick post to let everyone know that as discussed in my earlier post(s), I’m shorting GBP today against majors such USD, JPY and CHF. Also enjoying the Long Trade on EURGBP where the last 4 hours bar has turned out to be extremely profitable.
Its interesting to note that most of the pairs have gone back to the Channel Bound Range which means more trades but limited profits in terms of pips and eventually more manual monitoring required. However, the good times aren’t too far either.
Also, looking for the optimal entry for Shorting Crude Oil
Will post chart(s) tomorrow perhaps.
Strategy: Shorting GBP, waiting for Short Crude Oil Entry
http://ichi360.wordpress.com/2009/08/20 ... rting-gbp/
Its interesting to note that most of the pairs have gone back to the Channel Bound Range which means more trades but limited profits in terms of pips and eventually more manual monitoring required. However, the good times aren’t too far either.
Also, looking for the optimal entry for Shorting Crude Oil
Will post chart(s) tomorrow perhaps.
Strategy: Shorting GBP, waiting for Short Crude Oil Entry
http://ichi360.wordpress.com/2009/08/20 ... rting-gbp/