I spotted a “channel” on GBP/USD and when we reached the resistance line last time at 1.9545 I went short and exited at 1.9535 because the movement became flat. I will reenter at the bottom or if a breakout happens.
My GBP/USD buy position was closed while I was sleeping, because I put on a 15pips trailing stop, just in case. Price is very volatile this morning so I don’t have any problems with this 16 points profit now. We’re at a trendline support now which also formed during the night, if price breaks out to the downside I might consider a short position.
Hey guys, Seems like there’s a good support at 1.9525, so I went long now at 1.9540, with a S/L at 1.9515 and TP up in the sky. Maybe we’ll see some retracement after they decided to hold USD rates at 2%…
It looks like the TL on USD/CHF was confirmed and price bounced, I can see some reversal candles on EUR/USD charts so I’m going with a light position (I would like to add more at the aforementioned resistance lines) @ 1.5605, target about 30pips then we’ll see.
There was a false breakout (in my book) today morning on USD/CHF M15 charts, and now it looks like we have a double top formed, this two indications could mean further slide down, which eventually means EUR/USD is going up. We’re reaching the TL formed overnight on U/C and if it doesn’t hold, I will enter with a short position.
I like when trading tips I give out on my blog and across the internet turn out to be serious cash machines… I hope you were also able to cash in on the short trade taken on the USD/CHF and I also entered EUR/USD which came into profit lately.
We reached 38% with the USD/CHF retracement normally I would take partial profit here, but given that it’s Friday and I don’t really like to have open positions during the weekend I exited completely. There is a _very good_ chance that the fall will continue however I’m happy with this profit right now.
The USD/CHF pair hit a hard resistance level at 1.0400 and a retrace would mean shorting USD across the board. But maybe that won’t come until next week! Anyways it is a high probability shorting opportunity on USD/CHF because the m30 chart shooting star candle, and this resistance line. Not to mention that we’re trading at extreme overbought levels right now… I would say 77% sure trade.
I know New Home Sales report is coming out in an hour, but this is also a high probability trade in my opinion and I would beat myself up if I wouldn’t take it. So I’m going long around 1.5700 on eur/usd… Let’s hope that the bulls win 
For +30pips profit @ 1.5700. Okay, news helped “a bit” but finally it was a very high probability trade (which I wrote about a post before) and I took my chances with a pretty heavy lot size. And I’m so glad I did it 
Eur/usd bumped into the rising trendline I posted on my charts (the blue one) maybe it won’t be powerful enough to brake it. News violation is not important in my book.
Okay one more post, I was thinking about EUR/USD a bit and after a short analysis I came up with this idea, it should complete this during Asian or not later than London session tomorrow. Just a hint, don’t take it too seriously.
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