On January 31st, I posted here that the GBP/USD had moved to our target area of 1.5900 and would resume its decline further down below 1.5674. I said there would be no limit on this particular trade and I would provide recommendations on when to exit. Now, four weeks later, you should be positive around 730 PIPs. For a single trade, that’s 180 PIPs per week! 🙂
My strategy just issued a signal to exit our current trade and target the 1.5450 area. The price is currently at 1.5125; therefore, this will be around a 300 PIP trade.
I believe the price will move back down to around 1.5080-1.5113 before it begins its move back up. Therefore, you have a little bit of time before you exit your current trade. I am recommending two trades here:
1st trade: Long @1.5125, Limit @1.5450, Stop @1.5050
2nd trade: Pending Limit Short @1.5450
Therefore, once you exit your current trade, you will enter to go long to target 1.5450. Once the price hits 1.5450, it will exit your 1st trade. The 2nd trade enters your into another trade going short once the GBP/USD hits 1.5450. Therefore, once this small reversal is over after the GBP/USD hits 1.5450, we are forecasting the GBP/USD to continue back into its downward movement.
Happy trading!
LattePIPs
LattePIPs 
Jason,
You should set up an account at Robbins Group. Once your account gets going they track it and post the results. then others can subscribe to your signals – which are taken (at market) when you engage a trade or stop or limit is hit. That way they can mimic your account. There are some people making serious bucks doing this.
Robb, thanks for the advice. I’ll check into it.
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