Alright, we have a new, confirmed GBP/USD target for the next few weeks. Earlier this week, I made a mistake and missed my longer term reversal signal. So, where are we targeting over the next few weeks? The GBP/USD will move up to the area I discussed last week in this post. Last week, I … Continue reading →

So, many people are wondering where the GBP/USD is going. At DailyFX, you can read here that they think that the GBP/USD may provide a “short-term corrective bounce back towards 1.4700-1.4900 before bearish trend resumption”. Of course, I have said for a week now that the GBP/USD has potentially found a bottom and is heading … Continue reading →

Even though the GBP/USD took out 1.4516, my system is not showing the GBP/USD to go LONG for the next month or so. Therefore, look for strategic short positions right now on the GBP/USD. Here  is a snapshot of a current short trade I am currently in. Of course, you’ll notice the level of resistance … Continue reading →

Early in the morning of May 19th, I posted a trade recommendation here of going LONG on the GBP/USD and that the GBP/USD was forming a bottom. It was a 175 PIP trade shown here. You’re probably wondering how I knew that…how after weeks of the GBP/USD just dropping, I dared to take a LONG on … Continue reading →

I posted here about the GBP/USD trade recommendation this morning. It’s been a 175 PIP trade today so far. The GBP/USD is continuing to break. I will  let you know when it is beginning to turn around to head for 1.4800-1.5000 over the next month or so. Here is what my trade recommendation for today has … Continue reading →

Alright, so assuming you didn’t place temporary exits and entrances where I have recommended over the past few weeks and simply stayed in your trade, then as of this writing, you are positive 1035 or 1135 PIPs. That’s fantastic for around 4 weeks and not checking the trade very often! Now, this is very, very … Continue reading →

Those who took my recommendation on April 19th have so far enjoyed a 800-900 PIP movement. This depends if you entered at the 1.5375 or 1.5475 level which I spoke about almost a month ago. If you did some more short-term trading like I did, exiting around the 1.4700 level to enter again around the … Continue reading →