Back on May 28th, I said that the GBP/USD was in the process of moving up to the 1.5060 level shown here and also recommended a limit short at that level shown here. Now, you should be in the GBP/USD short trade and currently positive over 100 PIPs. This is just the beginning of the … Continue reading →

Alright! On our GBP/USD trade, 1.5060 has been hit! Woo-hoo! For those of you who entered and held your GBP/USD long trade from the posting here, it has so far moved a total of around 700 PIPs! That’s not bad for holding a trade through only 13 trading days! That equals 54 PIPs/day or 270 … Continue reading →

Alright, from the entrance recommendation I provided here less than 2 days ago, your GBP/USD trade should be in the range of +195 PIPs or so. At this point, I recommend placing a limit on your existing trade @1.5060. This is the price I have been talking about since May 19th, and which I specifically … Continue reading →

I have exited my GBP/USD short trade and have entered long on the GBP/USD. I will provide updates later. Happy trading, LattePIPs Continue reading →

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 →

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 →

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 →

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 →

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 →