The GBP/USD has begun its move down: The first thing it did was take out the level of support (1.5128) which I wrote about on April 19th (10 days ago). The GBP/USD has initially moved down to 1.5125. Since it took out 1.5128, it has retraced as expected to a level of resistance at 1.5320. … Continue reading
Author Archives: LattePIPs
GBP/USD moved as expected from forecast 9 days ago
On April 19th (9 days ago), I wrote, “If the GBP/USD does not immediately take out 1.5128, then you could safely place a limit sell anywhere from 1.5375 to 1.5475″. Then on April 21st, I posted, “Now, within the next 24 hours, we should see the GBP/USD begin its descent for the next month, two, … Continue reading
4/21/2010 – GBP/USD Update
Two days ago, I wrote, “If the GBP/USD does not immediately take out 1.5128, then you could safely place a limit sell anywhere from 1.5375 to 1.5475”. Look where the GBP/USD has been oscillating for the past 12 hours….1.5340 to 1.5430. Now, within the next 24 hours, we should see the GBP/USD begin its descent … Continue reading
4/19/2010 – GBP/USD Trade Ideas
The GBP/USD retraced back to the 1.5500 level during last week (April 12th through April 15th). This was a significant target level before the GBP/USD began its move back downward. Now that the GBP/USD has reached that level, it is beginning its move down below 1.4779 over the next one to three months. During this … Continue reading
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Recent live GBP/USD trades
Here are some recent trades I have done with the GBP/USD with my live trading account. They resulted in over 450 PIPs in 8 trading days. Usually, I don’t make this many trades, but the GBP/USD was doing some nice oscillations; therefore, I had to take advantage of them, haha. My normal length of trades … Continue reading
Over 240 PIPs in 24 hours
I had some fun trading on the USD/JPY 1min Wednesday. These markets have been so volatile, I saw an opportunity on some good setups and took them. Here are the trades I took: On the 14th, the USD/JPY failed to take out 103.27. I left a LOT of PIPs on the table, but didn’t see … Continue reading
My GBP/USD forecast moved 2200 PIPS!
On August 4th, I wrote that we’re in a new longer-term GBP/USD downtrend. Sure enough, after August 4th, the GBP/USD dropped from 1.9700 to 1.7500…2200 PIPS! Right now, the GBP/USD is retracing back to the 1.9000 area before it goes further down. Read these forecasts, watch the currency market, and enjoy the trades! Continue reading
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New US$ Comeback!
All US$ currency pairs are breaking on all major timeframes! This is an exciting time. For those who love to swing trade, you’ll probably see some nice, large swings over the next 6-12 months, as the US$-paired currencies begin changing direction. Continue reading
New GBP/USD Longer-term (4hr) downtrend confirmed
As written in two prior articles, the GBP/USD has begun a new long-term downtrend over the next 3 months. On July 31st, I thought I had seen a point in a short turnaround for a short-term retrace before this begun. The current 1hr downtrend is going further than I thought, though. It has now fully … Continue reading
GBP/USD to go further up from 1.9800 area to make a new high past 2.0155.
As of what I’m seeing today on July 31st the GBP/USD is beginning the move to go up further. As of today, July 31st, the GBP/USD may stay around the 1.9700-1.9800 level for 2 days or so, but will then begin moving further up to attack the latest high at 2.0155 over the next 7 … Continue reading
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