EUR GBP

Good spot and nice call Rossy.

Jackozy - exactly what I look for also in my trades is that sort of RSI diverging set up and trendlines at or around important support/resistance levels - lovely charts.

Thanks again for the explanations. Makes your decisionaking easier to understand.
Gl with the long

RMc

Only on first attempt and only for today.
dyor
remo

dl.dropbox.com/u/4899609/eurgbp24thoct.png


Im going to close my short at 8054 just above the 8052 trend line test area.
then im going to go long with 40 point stop





dyor
remo

It was a good call, I took that trade.
yesterday when I checked I was in profit so I moved the stop to breakeven, now it looks very good.
I am just going to set a trailing stop on this one and see where it goes.
Thanks

The odds are in your favour when you short at a resistance level. Thats the key to beating the markets i think. Well it works for me. Thats the only way i trade.
With regards to why i placed the trade at 8160. I sought of thought where would all the stops be placed if i was shorting this from earlier. Then placed my Short from there. Lucky really.
Best place to have shorted this would be at the resistance at 8153 . I was being greedy so lucky really.

dyor
remo