Back in May, I recommended GBP/USD short trades. The GBP/USD is currently in a downtrend on the Daily chart; therefore, we want to trade GBP/USD short trades in the direction of the overall, longer trend. Since counter trend trades on the 4hr chart against the Daily are usually 1 month trades, we can definitely take advantage of …
On January 31st, I posted here that the GBP/USD had moved to our target area of 1.5900 and would resume its decline further down below 1.5674. I said there would be no limit on this particular trade and I would provide recommendations on when to exit. Now, four weeks later, you should be positive around …
Last week, I warned about the GBP/USD slowing up here. Two days ago, my strategy forecasted the GBP/USD move up to the 1.5900 level here. Also within the previous post was a recommendation to short the GBP/USD to target below 1.5674 once it paused its upward movement. For those of you who saw the consolidation within the picture …
The GBP/USD is currently at 1.5873 and moving to 1.5900 as previously forecasted here two days ago at LattePIPs! I’d also like to mention that you’ll find many technical analysts out there who will provide general recommendations (e.g. look to go long after this price, or look to go short after this price); however, there are …
Even though the GBP/USD took out 1.4516, my system is not showing the GBP/USD to go LONG for the next month or so. Therefore, look for strategic short positions right now on the GBP/USD. Here is a snapshot of a current short trade I am currently in. Of course, you’ll notice the level of resistance … Continue reading
Early in the morning of May 19th, I posted a trade recommendation here of going LONG on the GBP/USD and that the GBP/USD was forming a bottom. It was a 175 PIP trade shown here. You’re probably wondering how I knew that…how after weeks of the GBP/USD just dropping, I dared to take a LONG on … Continue reading
Alright, I’m going to go make myself a coffee latte first, then sit down, and write a new post on how you can make a lotta more pips! Whether the market is going down, up, or even sideways, you can make a lotta pips here at LattePIPs! If you aren’t familiar with what I’m talking … Continue reading
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
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
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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
How do you like the new look of LattePIPs? These blog themes are kind of nice. I really like this new one. One of the nice features about this new theme is providing two kinds of menus: The top menu show various static pages for general content The 2nd menu displays various categories of content … Continue reading
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
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
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