GBPUSD

waverider2,

looking to go long at 15632, weekly uptrend line.

Getting close to the weekly uptrend.

dl.dropbox.com/u/21384991/USD%20%28DFB%29.png

close up
dl.dropbox.com/u/21384991/USD2%20%28DFB%29.png

this one is playing out well on the 15 mins chart from this morning...
i have a temporary 15800 target in mind. anyone else care to share their views?

15mins looks nice to trade as the 1-2-3 setups are clear and the trend seems to be up.

dl.dropbox.com/u/4385922/gbp.usd.png

Got out at 1.57 (as per my post below, 24 Jan 2013), but you have to wonder "what if" the US GDP figures matched expectations. Surely the trade would have got more mileage!

Here's a Cable chart (courtesy of GFT Markets) - By breaking the 1.5825 level, it looks like everyone is ganging up against the USD!

Ive already closed my short on this pair. My views are changing.
See US dollar topic.

Just been eyeing up that very trade myself

Im planning on going long at the main trend line (15610)on the first touch basis trade. this is for today only unless it finishes where we are now then will look to go long the following day at a slightly higher level at 15613
so gonna take my profits from the short at the trend line then reverse the bet to long then will be looking to short back down to the 500 points prediction
if only trading was this simple