AdamFx42's Blog

Avatar

Closed my positions with a profit today

I closed my Gbp short positions today
I had a GbpNzd short that was up nearly 200 pips,
it had been open a couple of days and didn't move much today -
so I didn't want to chance letting in open much longer
especially with the weekend leverage coming up
I closed my GbpAud and GbpUsd shorts with a nice profit
a the same time, and took my place in the top ten, which was nice
Hope I can continue the good trades,
I will be looking to go short Gbp again if it retraces up again
Read full story
Translate to English Show original
orto leave comments
Avatar

Adding to my short position GbpNzd today

I have added a short Gbp position today
I have been short GbpNzd for a few days now
Today I have added a short GbpAud after my GbpNzd position had a 100+ pip profit
My GbpNzd short seems to be doing fine, now at 150+ pips in the green
My GbpAud short is starting off in the right direction, too
Read full story
Translate to English Show original
orto leave comments
Avatar

Short GbpNzd but no luck yet

I am counting on some Gbp weakness to pop up this month
I am looking to go short Gbp from these recent highs
just because GbpUsd seems a bit strong at the moment
I have shorted GbpNzd and will be looking to add further on
I am down a bit at the moment but I think I should be alright again soon
Read full story
Translate to English Show original
orto leave comments
Avatar

How about GbpUsd above 1.40

GbpUsd starting off April above 1.40, looking to short it
This is something that I did not expect a few months ago
All the brexit troubles seemed to go on foreever
I do not think we have heard the last of it, though
And even then, with the weaker Euro and Usd, 1.40 seems a bit steep to me
I will be looking to short Gbp, and keep at it (if I survive :-)
Read full story
Translate to English Show original
orto leave comments
Avatar

Looking to short GBP again this month

I will be looking to short Gbp again this month
Technically GbpUsd is on a steep move up, and very bullish
Traders are waiting at the sidelines, though - to short the cross
This has to do with Brexit uncertainty, that is still not over
All pieces of news are potentially time bombs that could send Gbp crashing down
Read full story
Translate to English Show original
orto leave comments
Avatar

Short GBP - but not GbpAud

I have been short Gbp since yesterday
I decided to close my GbpNzd short yesterday at breakeven
and open a GbpAud short instead, just ahead of the RBA interest rate decision
This has turned out to be a mistake
AudUsd took a dive after the RBA and - off course - GbpAud went up
I am still short GbpUsd, and have just opened a smaller short GbpAud after ty\he highs
Read full story
Translate to English Show original
orto leave comments
Avatar

Shorting GBP for a start to the Contest

I pulled the trigger this morning on Gbp
I am short Gbp at the beginning of this month's trader contest
GbpUsd is showing weakness below 1.30 (again)
This could mean a double daily top is in place - and I am short
I am short GbpNzd, GbpUsd - and have other shorts in Gbp crosses waiting
Read full story
Translate to English Show original
orto leave comments
Avatar

The trading plan for market open today

Technically, things are looking bad for Gbp pairs
My plan for market open is to look for key levels to break
After the latest terrorist attack in London last night Gbp may well open lower
If so, I will wait for some retracement back up before I sell
I plan to sell GbpUsd just below resistance around 1.29
GbpNzd below resistance at 1.807
GbpAud on a break of the Friday lows and support at 1.73
I will also be looking at GbpJpy, to see if I can short it
gl all
Read full story
Translate to English Show original
orto leave comments
Avatar

Selling GBP this month

I am short GbpNzd today
I see more trouble ahead for Gbp because of the brexit worries
Nzd has proven to the market it is comfortable above 0.70 now
I believe that level will be a solid support area
1.30 seems impossible to break for GbpUsd making it weaker
gbp will retrace more this month
while Nzd should establish more upside
Read full story
Translate to English Show original
orto leave comments
Avatar

Still short GBP

I am still short Gbp today
After retracement back up after yesterday's fall in Gbp
I am shorting Gbp crosses
GbpUsd is back at yestrday's level and still looks weak to me
It has stalled below 1.30
Nzd and Aud are looking stronger
and I have shorted these crosses
Read full story
Translate to English Show original
orto leave comments
More