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- fxbroker replied Nov 22, 2007
Stop loss triggered made only +8pips step out of market due to up coming Business Investment q/q (p) news May enter sell at again depending on the impact of the news
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 22, 2007
I enter sell trade at 2.06550 trickish so far,
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 22, 2007
Though there is a quick drop, I am not in the market yet since the analysis is based on London opening. If you are following this commentary please manage your trade carefully
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 22, 2007
Today's Chaos outlook — See graph for detailed chaos outlook for today. General Outlook is Bearish. This will be confirmed after London opens Sell Below 2.0692 First profit level = 2.0562/2.0555 (+100 pips) Second profit level = 2.0505 ...
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 20, 2007
Lost another 10pips each, I out for the day, have an appointment to catch
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 20, 2007
I have re-enter sell ahead of London opens will still maintain trading to lower edge as earlier planned, unless London changed this
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 20, 2007
positions triggered lost 10pips 30pips in all. out of market
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 20, 2007
Today's Chaos — Yesterday wasn't a clear day but I managed with 71 pips Today, I will not be around to give live commentary until New York session open. General chaos for the day = bearish (see graph). Price already hits calculated upper edge ...
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 19, 2007
Data higher than forecast, the extent it will impact on USD to sell, I cannot say. (A reading above 50 indicates that builders have a positive demand outlook)
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 19, 2007
Back and looking at the market to buy again There is news ahead (NAHB Housing Market Index) if data is bad, it should move market at least to upper edge of chaos, if good market should reach the lower edge
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 19, 2007
My stop loss at 2.0507 was earlier triggered entry and exit is becoming too much. Calling it a day. Results of today's commentary from London session (64 + 7 + 4 +10 + 0 +2) = 87 - 16pips = 71 pips net gain on 1 lot conservative risk, you can lower ...
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 19, 2007
Back on buy, however hourly fractal pattern is bearish . Let see if it clear 2.05440 and above This is becoming a funny day
Stop loss at entry 2.0507Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 19, 2007
I am taking it back to initial plan targeting lower edge of chaos but will be tightening up stop loss positions to scalp at least 30pips more currently 8pips in profit,
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 19, 2007
Finding it difficult to clear 2.0540, to 2.0555. stoploss for a 10pip triggered. total pip so far still around 70pips Trade back to initial condition - bearish
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 19, 2007
Stop loss moved to 2.0518 to consolidate 10pips today seems to be hard
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 19, 2007
Got filled at 2.0508 20pips up Stoploss at 2.0508 - no chance trade. Consolidation target 2.0555 = 47pips if possible
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 19, 2007
Still out of market, but my pending order at the edge of chaos remains intact. Market turned bullish at the moment without clear picture of whether it will be sustained or not. Well it seems sentiments still favours what was set at the initial ...
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 19, 2007
I managed to gain 7pips back out of previous loss of -16pips Current chaos reports 1. ascending fractal pattern from 5mins reinforcing bullish tone - general forecast for the day. 3. However, there is a strong sell fractal edge above 2.0485 ...
Trading the Edge of Chaos -GBP/USD
- fxbroker replied Nov 19, 2007
Stoploss triggered lost 16pips back from previous gain, out of the market for the time being
Trading the Edge of Chaos -GBP/USD