CobraFX (By cobraforex)

Gain : +100.95%
Drawdown 37.43%
Pips: -115.0
Trades 76
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Manual

CobraFX Discussion

Mar 03, 2011 at 06:58
2,174 Views
34 Replies
Member Since Mar 03, 2011   38 posts
Mar 07, 2011 at 02:10
GBP cannot break under 1.6225 . This is a very good chance for scale up strategy of trading GBP to get about 4:1 reward:risk trade
At least 50% gain a month
Member Since Mar 03, 2011   38 posts
Mar 07, 2011 at 07:14
GBP is up as expected. Time for scale up
At least 50% gain a month
Member Since Mar 03, 2011   38 posts
Mar 07, 2011 at 08:26 (edited Mar 07, 2011 at 08:26)
GBP is up strongly. GBP can reach 1.62350, let's wait for London section. My long trade is up 45 pips already
At least 50% gain a month
Member Since Mar 03, 2011   38 posts
Mar 07, 2011 at 08:33 (edited Mar 07, 2011 at 08:36)
Just take profit for 48 pips and wait another long trade because market moves too fast before London section. I hope that a pull back in London Section for a long trade and a break out for GBP to reach 1.62350. Let's see how GBP work
At least 50% gain a month
Member Since Jan 26, 2011   35 posts
Mar 07, 2011 at 13:42
watch out for gbp breaking below that 1.6225 level...
Never look back
Member Since Mar 03, 2011   38 posts
Mar 07, 2011 at 14:49 (edited Mar 07, 2011 at 15:03)
Hi HellboyFX,

I have been out of GBP at the beginning of London section and got profits. I am looking for a long GBP or EUR/JPY trade

At least 50% gain a month
Member Since Mar 03, 2011   38 posts
Mar 07, 2011 at 14:55
There is a strong down trend on H1 chart of GBP. On 15M chart of GBP, ADX is very strong too. As HellboyFX said, GBP may break bellow 1.6225 but 1.6180 zone is very strong. Let's wait and see how the market works
At least 50% gain a month
Member Since Mar 03, 2011   38 posts
Mar 07, 2011 at 15:48
Now, it is safer to long EUR/JPY around 114.54 level
At least 50% gain a month
Member Since Mar 03, 2011   38 posts
Mar 08, 2011 at 10:53 (edited Mar 08, 2011 at 10:57)
GBP should be short only because trend oh H1 and H4 is down. I just long EUR at 1.3928 with 1.3905 as SL because trend on H1 and H4 is still up. A low risk and high reward trade
At least 50% gain a month
Member Since Mar 03, 2011   38 posts
Mar 08, 2011 at 11:39 (edited Mar 08, 2011 at 11:41)
If EUR is up 70 1.6255 before US section, it is very good. If not, I will take profit on EUR and out
At least 50% gain a month
Member Since Mar 03, 2011   38 posts
Mar 08, 2011 at 12:23
EUR just hit my stop loss. This trade lost 23 pips
At least 50% gain a month
Member Since Mar 03, 2011   38 posts
Mar 08, 2011 at 12:30
Just short GBP at 1.6268 because 1.6280 is broken
At least 50% gain a month
Member Since Mar 03, 2011   38 posts
Mar 08, 2011 at 14:15
GBP is down very hard. GBP will help me to recover my loss on EUR trading today
At least 50% gain a month
Member Since Mar 03, 2011   38 posts
Mar 09, 2011 at 12:05
Today GBP has broken resistant at 1.6295. I have to hedge my short today because as I know, There will be a strong sell pressure as soon as GBP reaches 1.6270
At least 50% gain a month
Member Since Mar 03, 2011   38 posts
Mar 10, 2011 at 08:39
GBP may have finished its 5 wave correction. Looking for a up move
At least 50% gain a month
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