From the short entrance recommendation I provided here, your trade should be around -15 pips or so. This has been some bizarre movement on the GBP/USD. I did not think it would move up to 1.4915 so soon. So, here’s where we are…either 1) the GBP/USD will continue moving up toward the 1.5060 level I … Continue reading
Author Archives: LattePIPs
Enter GBP/USD Short now
Enter a short now on the GBP/USD to target 1.4500. (300 PIPs away since the GBP/USD is currently at 1.4800) Continue reading
Ok…so I was correct after all
Alrightee-then… Good news…it was really, really, really early when I recommended going short on the GBP/USD, but it looks like I was correct after all. Even though my strategy signals early moves, I still like to be conservative and verify my signals. Otherwise, we’re stuck holding a position which we would NOT want to be … Continue reading
Exited GBP/USD Short
Yesterday, I provided an early, early, early, really early…probably too early short (sell) recommendation. I have closed my short trade for now and am sitting on the sideline. I thought I had a particular longer-term (multi-day) short signal, but read it incorrectly yesterday. Having said that, the current status of the GBP/USD STILL looks VERY … Continue reading
Exit GBP/USD long positions for now
I wrote here that I was a little concerned about the strength of the GBP/USD movement up. I recommend exiting your GBP/USD long positions for now and potentially enter a short position. (If you enter a short position, try to enter at a key level of resistance.) The GBP/USD is currently at the 1.4800 area. … Continue reading
GBP/USD Update – still moving as expected
Hi everyone. I have been discussing this current move up on the GBP/USD since May 19th. For those of you who took my recommendations here, you are currently positive over 200 PIPs. What the GBP/USD has been doing for the past few hours has been moving up and down in 50 pip movements: it failed … Continue reading
In five weeks, have increased my account over 50% risking only 3%/trade!
In five weeks of trading, I have increased my account over 50% with risking only 3%/trade! This includes trades both directions…going long and short over a period of five weeks. If you’re subscribed to this site, then you have received all of my FREE trade recommendations over the past couple of weeks and have been … Continue reading
GBP/USD retraced as forecasted and positioned to go further up
Alright, the GBP/USD has completely retraced from what I commented on last night. I gave a range and the GBP/USD retraced to the bottom of that range (1.4554). It actually went a bit further to 1.4534. So, if you were up at 3a.m. Central Time and got my comment, then you: Took your profits Placed … Continue reading
GBP/USD moving as forecasted (320 PIPs so far in 3 days)
3 weeks and 2 days ago, I wrote here of the bottom which had just begun to form on the GBP/USD. Of course, most people were still shorting the GBP/USD thinking it would continue to move further down. muhahahaha…. So…3 days ago, I wrote here that the GBP/USD had hit the first target, retraced to … Continue reading
Word of Warning
As you grow your skill of Technical Analysis, you’ll read many, many opinions out there. Be careful. As you have with me, read people’s analysis over time. It is VERY difficult to watch someone over time to see that if his/her technical analysis is actually true most of the time, or if they’re just writing their … Continue reading
LattePIPs 