As stated from my prior posts last week, I was expecting the GBP/USD to begin moving further down. From the signals being made from my strategy, the GBP/USD is beginning a move down over the next couple of days. From the way it appears currently, it looks like it is beginning to move down toward … Continue reading
Monthly Archives: January 2011
GBP/USD outlook continued
Even though the GBP/USD moved 400 PIPs last week, my strategy had a short-term buy signal yesterday; therefore, I entered going long on the GBP/USD for a short-term trade (the trade duration could be 24 hrs to a couple of days). I am currently up 110 PIPs from where I entered yesterday. As I stated … Continue reading
GBP/USD outlook
As you can see here, GBP/USD Direction, the Daily and 4hr charts are in an uptrend. At this time, even the 1hr and 15min charts are in uptrends! However, with the 400 PIP upward movement from last week, I am hesitant to enter going long at this time. There will most likely be a correction … Continue reading
Too long of a hiatus
Hello everyone! With the recent birth of my fourth child, I took WAY too long off. I sincerely apologize I have been gone for so long. With the birth of my son and an unexpected move by the GBP/USD, I took some time off to see where the GBP/USD is headed. Tune in for incoming … Continue reading
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