Serving Traders Since 2005
Serving Traders Since 2005
|
|
|
|||||||
| Technical Analysis Provide and discuss the technical analysis of the Forex market. |
 |
|
|
LinkBack | Thread Tools | Display Modes |
1st August 2012, 14:09
|
||||
|
||||
GBPUSD Technical Analysis by TuxedoFX
 Here's the setup that I saw in GBPUSD right now. We can clearly see that it's rejecting the FR50 and is about to continue its journey back to FR100. I am setting my SL 20 pips below today's low. TAYOR.
__________________
Check my EURUSD Signal. It's FREE. 
|
|
1st August 2012, 17:24
|
||||
|
||||
|
Looks like your SL triggered. Didn't it?
__________________
Please, read the Forum Rules and the Signature Rules to avoid termination of your account.
|
|
1st August 2012, 19:41
|
||||
|
||||
|
Yes it did. I had another position triggered when the price hit FR23. My SL is 20 pips below the previous week's low. Myfirst TP is on previous week's high on FR100 and my second TP is set on the FR161 area, giving us a good 1.0:4.5 risk reward ratio.
TAYOR  
__________________
Check my EURUSD Signal. It's FREE. Last edited by TuxedoFX; 1st August 2012 at 20:09.
|
|
4th August 2012, 12:43
|
||||
|
||||
|
It seems that GBP/USD has bounced from FR23 of H4 candle. IMHO, the pair might retest FR50 before hitting my first TP on FR100.
__________________
Check my EURUSD Signal. It's FREE.
|
|
| Bookmarks |
| Tags |
| gbpusd |
| Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
| Thread Tools | |
| Display Modes | |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| MT4 EA - GBPUSD - H1 | haba | MetaTrader Expert Advisors | 3 | 8th July 2012 22:31 |
| EAFX.CO GBPUSD H1 Analytics | OnlineTrader | Advertisements | 0 | 11th January 2012 21:43 |
| technical analysis for GBPUSD | mahmoud | Technical Analysis | 4 | 13th December 2011 10:38 |
| Forex News - Technical Focus on GBPUSD .Feb.18 - ForexSQ.com | ForexSQ | Advertisements | 0 | 18th February 2011 10:56 |
| EURUSD GBPUSD AUDUSD USDCHF Weekly Analysis | BCFXSignals | Technical Analysis | 0 | 26th December 2010 16:47 |
Linear Mode
