GBP/USD Moving as expected – Positive 740 PIPs in two trades

From my trade recommendation seen here, http://lattepips.com/2011/10/11/short-gbpusd-2/, over a month ago, my system projected a buy on the the GBP/USD moving up to around 1.5990, and then shorting the GBP/USD at 1.5990 to move down over the next couple of months. As you can see in the picture below, the GBP/USD did just that. It moved up to 1.5990, oscillated around that value, then began its move down.

GBP/USD 1hr

GBP/USD 1hr

So far, you should be postive 740 PIPs for making two trades during the past four weeks! I’ll update everyone as the GBP/USD moves down further for any pauses in movement.
Happy trading!
LattePIPs

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.