Thread: GBP / USD Intraday Strategy

Merely to recap from over...

Short @ 1.9765
Short Exit @ 1.9666
Profit: 99 pips

Here's the current equity curve:

http://www..com/images/ss/equity-curve-1-24-07-2.bmp

As expected, GBPUSD broke above previous high resistance at 1.9846, additional increase towards 2.0000 to reach another cycle leading to daily chart is nonetheless possible within the next few days. Near term support is at 1.9630, only break below this level may delay the resumption of the upward trend. For long-term analysis, GBPUSD will grow above 2.0000 to achieve another cycle top on weekly chart, and the next cycle top will look next month.

Entered Extended @ 1.9711

Originally Posted by ;

Entered Long @ 1.9711

Quit @ 1.9610

Stopped Out @ 1.9610
Loss: 101 pips
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Correction, not ceased out however, but came close (price never struck 1.9610)

Hello:

Is there an area to actually view the details on this egy?

thx

Now I was stopped out @ 1.9610
Reduction of 100 pips

Long Again @ 1.9600
Quit @ 1.9513

Below is a recap of those trades which were closed out this...

Entered Long 1/12/07 11:05 @ 1.9596
Exited Extended 1/24/07 2:00 @1.9766
Profit: 170 pips
Negative Swing: 37 pips (amount in pips the market went against the transaction )
Current Drawdown: 0
Current Equity: 757 pips

http://www..com/controller.php?loion...6requestType=3