Monday, February 2, 2009

As I said last week, if the market moves my targets will also move, and indeed the market moved so,

I have a average short in GBP/USD at 1.4400, my profit target is at 1.3900, and my average short in GBP/JPY at 130.00 the PT is 123.50, and the USD/CAD my average long is at 1.2180, my PT will be at 1.2580,

I hope to come up with new trades.
have a nice day

29 comments:

anon said...

naftula
any views on gbp/chf?

naftula said...

anon,
i would buy it on the 1 hour chart

anon said...

yes, i see the cross. but on 4 hr it crossed own a few hours back, and on daily it is getting ready to cross.
just trying to understand how you decide on a trade under these circumstances.
thanks.

naftula said...

Anon,
As you know, I very bearish on the pound short term,
but GBP/CHF on the daily may still go up a little, and the 4 hour chart is not in a downtrend, it's the beginning of an uptrend.

"It will take time"

naftula said...

rx,
are you still short in GBP?

RK said...

Naftula

Well done.

Yes I am short.

I have sold 1 lot but have still got 3 more.

RK said...

Naftula

Wow gb is on freefall.I have a limit at 1.3980.Do u think it will go down to that today oan further down still.

naftula said...

i dont know today but my target is thare

naftula said...

I am taking profit on the shorts that I have taken last night.

naftula said...

i am going short USD/JPY on 15 min chart!!

naftula said...

i have closed early this morning my short GBP/USD----GBP/JPY
from overnight, i will re-open it on the 15 min chart 'later'

anon,
in GBP, the 15 min and 4 hour are still battling with the 1 hour, will see who wins!!!

anon said...

naftula
what do you see on:
eur/jpy - short on 1 hr?
sur/gbp - short on 15min & 1hr? but, may cross up soon on daily!
eur/chf - ???

Rk said...

RK

I have closed 3 of my positions
in gb/usd.

I am also looking forward to opening on either 15 or 60 min chart

Naftula perhaps if you let me know when you are going short.

naftula said...

rx,
i am going short USD/JPY---
gbp/jpy----
gbp/usd---
eur/usd on 1 hour chart

naftula said...

anon,
EUR/JPY i am going short on 1 hour chart

naftula said...

anon,
eur/chf short on 1 hour chart

RK said...

Naftula

Did u base your sell on 21 crossing 55?

naftula said...

rx,
on what chart?
12-55 what?

Anonymous said...

Naftula

gb/usd and jy/usd on 1 hour charts were showing 21 ema crossing lower over 55 ema.

Did u base your decision on that because 1 hour stochs were not crosssing on above charts.

Basically how did u base your decision to short gb.usd and gb/jy

naftula said...

rx,
my decision to short was on the 15 min chart not on 1 hour, sorry

rk said...

Naftula

thanks

RK said...

Naftula

Good Morning

Have you still got your shorts of yesterday?

I have increased i lot at 1.43

RK said...

Now looking for a prolonged fall of 150 pips.

naftula said...

rx,
yes i l have it,

naftula said...

i am now selling EUR/USD-----
EUR/JPY------
buying USD/CAD-----

Anonymous said...

Naftula

How do you read Usd/JY?

A buy opportunity sometime?

naftula said...

rx,
if you can please write your name as 'rx' i would really appreciate, thank you.


for me the usd/jpy is not a buy it's maiby a sell,

RK said...

Sorry

RK said...

I sold gb/usd at 1.435
GB/jy 128.