Comments on: Little Jonny wants to play in the park not on the main road http://blogs.fxstreet.com/tradesetups/2008/09/15/little-jonny-wants-to-play-in-the-park-not-on-the-main-road/ Tips & general help to make you a better trader by Phil Newton, Developer of Trading Strategies at TradingStrategies.info Sat, 21 Nov 2009 21:17:52 +0000 http://wordpress.org/?v=2.5.1 By: Tomaz http://blogs.fxstreet.com/tradesetups/2008/09/15/little-jonny-wants-to-play-in-the-park-not-on-the-main-road/#comment-53 Tomaz Mon, 15 Sep 2008 16:02:33 +0000 http://blogs.fxstreet.com/tradesetups/?p=85#comment-53 added some more at 7874 my stop is at 7820, where is yours? tp 8120 added some more at 7874

my stop is at 7820, where is yours? tp 8120

]]> By: Phil Newton http://blogs.fxstreet.com/tradesetups/2008/09/15/little-jonny-wants-to-play-in-the-park-not-on-the-main-road/#comment-51 Phil Newton Mon, 15 Sep 2008 14:08:53 +0000 http://blogs.fxstreet.com/tradesetups/?p=85#comment-51 Spooky... long from similar levels looking for retest of recent highs as well... Free trade also on so its sit back and let the trade move... see if we get some add in potential along the way EURUSD developed a similar set up which I'm long also from 1.4145 Spooky… long from similar levels looking for retest of recent highs as well…

Free trade also on so its sit back and let the trade move… see if we get some add in potential along the way

EURUSD developed a similar set up which I’m long also from 1.4145

]]> By: Tomaz http://blogs.fxstreet.com/tradesetups/2008/09/15/little-jonny-wants-to-play-in-the-park-not-on-the-main-road/#comment-50 Tomaz Mon, 15 Sep 2008 14:01:57 +0000 http://blogs.fxstreet.com/tradesetups/?p=85#comment-50 Hi Phil My long was filled at 7800 (50%fib retr of run up), and so i am in a risk free trade, hoping for a test of the recent highs at 8120, and then the 162% extension at around the 8300 level. Arent you long cable at the moment? All the best Hi Phil

My long was filled at 7800 (50%fib retr of run up), and so i am in a risk free trade, hoping for a test of the recent highs at 8120, and then the 162% extension at around the 8300 level.

Arent you long cable at the moment?

All the best

]]> By: Phil Newton http://blogs.fxstreet.com/tradesetups/2008/09/15/little-jonny-wants-to-play-in-the-park-not-on-the-main-road/#comment-49 Phil Newton Mon, 15 Sep 2008 13:12:21 +0000 http://blogs.fxstreet.com/tradesetups/?p=85#comment-49 Hi Tomaz, Agree with you on that one in that GBPUSD has changed its direction bias... just purely looking at the price action sequence its now making HH HL's on the 240 min charts. Funny thing was that I was looking at 1.7750 and 1.7700 as potential buy zones based on Fib retracements but didnt honestly think I would see them today... The markets are full of surprises at the moment Hi Tomaz,
Agree with you on that one in that GBPUSD has changed its direction bias… just purely looking at the price action sequence its now making HH HL’s on the 240 min charts.

Funny thing was that I was looking at 1.7750 and 1.7700 as potential buy zones based on Fib retracements but didnt honestly think I would see them today…

The markets are full of surprises at the moment

]]> By: Tomaz http://blogs.fxstreet.com/tradesetups/2008/09/15/little-jonny-wants-to-play-in-the-park-not-on-the-main-road/#comment-48 Tomaz Mon, 15 Sep 2008 11:10:44 +0000 http://blogs.fxstreet.com/tradesetups/?p=85#comment-48 i think the run is over for the pound, hammers on the weekly chart, strong trend line break on 4hr chart, will look to go long around 1.7800 for a swing trade to 1.8500 i think the run is over for the pound, hammers on the weekly chart, strong trend line break on 4hr chart, will look to go long around 1.7800 for a swing trade to 1.8500

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