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One of my cable trades gave me 211 pips yesterday. I posted the trading-idea of this trade yesterday at about 08.00 GMT. As I wrote there, the main reason I published that “trading idea” was to show you how I use the free technical analysis data for my intraday trading. Almost the same reason why [...]

One of my cable trades gave me 211 pips yesterday. I posted the trading-idea of this trade yesterday at about 08.00 GMT.

As I wrote there, the main reason I published that “trading idea” was to show you how I use the free technical analysis data for my intraday trading. Almost the same reason why I tell you the result, not to show off but to show you that it works. Those free resources are really useful.

As you can see on the above image, I opened the trade at 1.6453. That was actually late entry, I should had opened that trade at some pips below 1.6514. But that was it.

I will write detail explanation of this trade in a separate article. Well, in case you wonder.

211 Pips on Cable Yesterday, Yippi!

Similar Entries:

Tags: cable, gbp-usd, intraday trading, technical analysis

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Today’s GBP/USD Signal (29-10-2008) Best time to place this order is at 05.00 GMT buy @ 1.5774( Stop/Limit/Market Order) Set Stop Loss @ -30pip Set Profit Target @ 20 pip Daily Pivot: 1.5734 Previous day’s HLC Price and today’s Support-Resistance Levels Below are previous trade’s result and the Eur/Usd Signals: Previous Gbp/Usd (15-10-2008) trade and it’s result: sell @ 1.7432 (profit) Today’s [...]

Today’s GBP/USD Forex Signal (29-10-2008)
Best time to place this order is at 05.00 GMT

buy @ 1.5774( Stop/Limit/Market Order)

Set Stop Loss @ -30pip
Set Profit Target @ 20 pip

Daily Pivot: 1.5734

Previous day’s HLC Price and today’s Support-Resistance Levels

Below are previous trade’s result and the Eur/Usd Signals:

Previous Gbp/Usd (15-10-2008) trade and it’s result:

sell @ 1.7432 (profit)

Today’s EUR/USD Forex Signal (29-10-2008)
Best time to place this order is at 05.00 GMT

buy @ 1.2616( Stop/Limit/Market Order)

Set Stop Loss @ -30pip
Set Profit Target @ 20 pip

Daily Pivot: 1.2576

Previous day’s HLC Price and today’s Support and Resistance Levels

Previous Eur/Usd (15-10-2008) trade and it’s result:

sell @ 1.3637 (Loss)

Please note that I don’t use the Eur/Usd forex signal for live trade. It is here for performance tracking purpose.

I use the above HLC data to calculate today’s pivot point using forex pivot point calculator. If you curious what the HLC data is all about, please read this pivot lines article.

If you’re relatively new to this blog, please firstly read this free forex signals introduction page before you go any further.

If you would like to know the trading system used to generate this forex signal, please read both trading the gbp/usd and pipholic gbp/usd daily pivot trading.

You can get the free forex signal delivered to your e-mail if you subscribe to my RSS by email. By subscribing you will receive an email whenever I post new forex articles.

Daily Free Forex Signal 29-10-2008

Similar Entries:

Tags: daily pivot, eur-usd, forex signal, free forex signals, gbp-usd

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This entry was posted on Friday, October 31st, 2008 at 2:30 pm and is filed under General section. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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