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
Category Archives: Trade Recommendations
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
GBP/USD Status
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
1.5060 target hit as forecasted a month ago here at LattePIPs!
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
Status of GBP/USD trade
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
GBP/USD
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
The current GBP/USD trade
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 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
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