On Friday, May 7th, I wrote, “If it doesn’t resume in the direction of the 1hr to take out 1.4401, then it could retrace all the way back to 1.5117”. As of this writing, the GBP/USD has retraced to 1.5052 which is 65 pips away from the price I forecasted Friday. Therefore, from the lowest … Continue reading
Monthly Archives: May 2010
GBP/USD Update
Alright! Based upon the forecasts I gave everyone about 3 weeks ago on the GBP/USD, HOPEFULLY you took my trade recommendation and shorted the GBP/USD! Personally, I’ve made a little over 1000 PIPs on 1LOT on the GBP/USD within the past week. (This did include entering into another position as the GBP/USD fell, but I … Continue reading
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Market Hours Application
Market Hours The following link opens a separate window which shows when the various world markets open and close. Open Forex Market Hours application in a new window Continue reading
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Risk
Welcome! Welcome to LattePIPS.com! Sit back with your favorite cup of coffee and enjoy reading my thoughts on various currency pairs of the Foreign Currency Exchange. On this site, I will be providing my thoughts on the direction of various currency pairs. These thoughts will include specific points of entry and exit. High Risk Investment … Continue reading
GBP/USD Update – Good News!
As I posted just 12 hours ago, I’ve been a little disappointed with the GBP/USD’s lack of strength as it has been moving down. Last night, my trading system issued an alert of a possible move up on the GBP/USD. BUT last night while we were dreaming of the GBP/USD making further advances DOWN, the GBP/USD … Continue reading
GBP/USD – Disappointing News Temporarily
Alright… I’ve been posting for the past month that the GBP/USD is about to begin going further down…and it has…and will…but the speed it’s moving at is just ridiculous. I thought the GBP/USD would be moving faster than this…and I’m disappointed. With the EUR/USD making all of its moves, I figured the GBP/USD would at … Continue reading
Net 609 PIPs on 1 LOT for the month of April
Right now, I’m only trading the GBP/USD. I really like it, and enjoy trading it. For the month of April, I made a Net total of 609 PIPs on 1 LOT…of which all of the trades were on the GBP/USD. Here is a snapshot of the trades I took within my account. If you’d like, … Continue reading
GBP/USD still moving as forecasted
Over two weeks ago, I wrote that the GBP/USD will move down over the next few months to take out the current level of support at 1.4779. Four days ago, I wrote that the GBP/USD took out a level of support at 1.5128. 1.5128 was made on April 6th. The GBP/USD took out that level … Continue reading
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