I posted here about the GBP/USD trade recommendation this morning. It’s been a 175 PIP trade today so far. The GBP/USD is continuing to break. I will let you know when it is beginning to turn around to head for 1.4800-1.5000 over the next month or so. Here is what my trade recommendation for today has … Continue reading
Category Archives: Trade Recommendations
GBP/USD Update – it’s early, but we may have found a bottom for now
Alright, so assuming you didn’t place temporary exits and entrances where I have recommended over the past few weeks and simply stayed in your trade, then as of this writing, you are positive 1035 or 1135 PIPs. That’s fantastic for around 4 weeks and not checking the trade very often! Now, this is very, very … Continue reading
GBP/USD Update on Movement – So far 800-900 PIPs moved and 1100-1200 PIPs captured from LattePIPs forecast in 3 weeks
Those who took my recommendation on April 19th have so far enjoyed a 800-900 PIP movement. This depends if you entered at the 1.5375 or 1.5475 level which I spoke about almost a month ago. If you did some more short-term trading like I did, exiting around the 1.4700 level to enter again around the … Continue reading
GBP/USD retrace
On Friday, May 7th, I wrote, “If it doesn’t resume in the direction of the 1hr to take out 1.4401, then it could retrace all the way back to 1.5117”. As of this writing, the GBP/USD has retraced to 1.5052 which is 65 pips away from the price I forecasted Friday. Therefore, from the lowest … Continue reading
GBP/USD Update
Alright! Based upon the forecasts I gave everyone about 3 weeks ago on the GBP/USD, HOPEFULLY you took my trade recommendation and shorted the GBP/USD! Personally, I’ve made a little over 1000 PIPs on 1LOT on the GBP/USD within the past week. (This did include entering into another position as the GBP/USD fell, but I … Continue reading
GBP/USD Update – Good News!
As I posted just 12 hours ago, I’ve been a little disappointed with the GBP/USD’s lack of strength as it has been moving down. Last night, my trading system issued an alert of a possible move up on the GBP/USD. BUT last night while we were dreaming of the GBP/USD making further advances DOWN, the GBP/USD … Continue reading
GBP/USD – Disappointing News Temporarily
Alright… I’ve been posting for the past month that the GBP/USD is about to begin going further down…and it has…and will…but the speed it’s moving at is just ridiculous. I thought the GBP/USD would be moving faster than this…and I’m disappointed. With the EUR/USD making all of its moves, I figured the GBP/USD would at … 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