Forex Forum @ ForexAbode

[Himanshu]

Entry: 130.50
S/L: 130.72 (-22 pips)
T/P: 129.85 (+65 pips)

The attachment gbp-jpy-april-24.jpg is no longer available

Today's two position almost balanced out each other. The second met stop-loss (-22 pips) and the first gave +24 pips. Since yesterday I am keeping the stop-losses tight considering the recent moves:

gbp-usd-april-24-result.jpg (156.11 KiB) Viewed 2785 times

[Himanshu]

I will not recommend this trade because GBP/USD is near a very strong resistance zone and it will be a make or break situation. But I am into it. This position is more out of gut feeling, because of the failure of drop earlier, that GBP/USD will be able to break over this resistance or 1.6167 than a good trade configuration:

You may please check the weekly outlook posted at http://www.forexabode.com/forex-forecast/gbp-usd

gbp-usd-april-24-1.jpg (150.83 KiB) Viewed 2784 times

[Himanshu]

GBP/USD new position:

gbp-jpy-april-26.jpg (204.95 KiB) Viewed 2770 times

[Himanshu]

GBP/USD new position:

The attachment gbp-jpy-april-26.jpg is no longer available

It took longer that I thought but GBP/USD position in the above mentioned post met profit target. Total gains = 70 pips:

gbp-usd-april-27-result.jpg (247.95 KiB) Viewed 2756 times

[Himanshu]

EUR/JPY short Entry was at 106.71:

eur-jpy-short.jpg (280.74 KiB) Viewed 2723 times

[Himanshu]

EUR/JPY short Entry was at 106.71:

The attachment eur-jpy-short.jpg is no longer available

I had lowerd down the profit target to 105.50 and hence it did not meet the target automatically but I closed the position at 105.67. Total profit on this position was 104 pips:

eur-jpy-take-profit.jpg (249.13 KiB) Viewed 2712 times

[Himanshu]

The real indication will come only after a break of the current range but am on short-side:

Entry: 1.3060
S/L: 1.3104 (-44 pips)
T/P: 1.2985 (+75 pips)

eur-usd-may-8th.gif (26.58 KiB) Viewed 2617 times

[Himanshu]

The real indication will come only after a break of the current range but am on short-side:

Entry: 1.3060
S/L: 1.3104 (-44 pips)
T/P: 1.2985 (+75 pips)

The attachment eur-usd-may-8th.gif is no longer available

Had changed the profit target to 1.2967 i.e. for +93 pips. Depending on the movement I may change the TP again:

eur-usd-may9-tp.gif (32.46 KiB) Viewed 2597 times

[mic]

hi , remember me ?
how can i see your position but in the real time , not other day ...
the web has send a mail when you post ?
tks a lot
regards ,
Mic

[Himanshu]

The real indication will come only after a break of the current range but am on short-side:

Entry: 1.3060
S/L: 1.3104 (-44 pips)
T/P: 1.2985 (+75 pips)

eur-usd-may-8th.gif

Had changed the profit target to 1.2967 i.e. for +93 pips. Depending on the movement I may change the TP again:

eur-usd-may9-tp.gif