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Archive for the 'losing trade' Category

Dec 3rd 2007

Cable Still Looks Good For a Long

1 Comment Jude losing trade, GBPUSD, forex encounters 8 months, 3 weeks ago

Just after the release of ISM results (not much reaction on price action btw), I was looking and scanning around the few hour chart duration of cable (GBPUSD).

Placed a long position at 2.0650, Stop Loss at 2.0620

30min gbpusd

Read the full post of Cable Still Looks Good For a Long

Jude’s Daily Signal 06 August 07 - GBPUSD

3 Comments Jude losing trade, GBPUSD, forex signals 1 year ago

I’ve placed a buystop at 2.0448, stop loss at 2.0418 (30 pips)

Reason:

Following momentum on the 4hrs MACD, trendline on the top seems to be easier to break. And it’s still heading away from the 200EMA/SMA.

Also look out for:

Read the full post of Jude’s Daily Signal 06 August 07 - GBPUSD

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