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rufffen · 05-04-2008, 01:40

GBP USD comments and trade setup

Ok, here's the chart, balance zone is 9960-9980, we take action, if
upon market open price action remains below it (currently at 9930)

actually there is no good R/R trade setup for the next week, I stay aside.

.... on another note, see another 4 hour GBP USD 4 hour chart. Clearly, a triangle setup, TP is 9480-9540 enter this trade on break below 9750-9790 area. SL at previous high. This is a nice R/R trade!

05-04-2008, 01:40	#83
rufffen Zone trading Join Date: Jun 2005 Posts: 1,058 Downloads: 2 Uploads: 0 Rep Power: 5	Re: rufffen XAU spot gold and majors trades GBP USD comments and trade setup Ok, here's the chart, balance zone is 9960-9980, we take action, if upon market open price action remains below it (currently at 9930) actually there is no good R/R trade setup for the next week, I stay aside. .... on another note, see another 4 hour GBP USD 4 hour chart. Clearly, a triangle setup, TP is 9480-9540 enter this trade on break below 9750-9790 area. SL at previous high. This is a nice R/R trade! Attached Thumbnails __________________ rufffen XAU spot gold and majors trades(click) trading zones for the month of April 2008.(click) trading zones for the month of May 2008.(click) 2516 pips trading one lot in April 2008. Last edited by rufffen : 05-04-2008 at 01:48.