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This article is about money management and trading psychology. This is the lesson that you never get with 99% of other Forex systems that you have come across. I find it interesting that most of the systems out there don’t include this because if they actually were successful traders, they would know that this was the key to success and to leave it out makes an incomplete system that won’t work!! This tells me that the people that wrote them or are selling them aren’t traders at all. They are Read more..
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Many consumers have found that putting money into CD’s (certificate of deposit) accounts is a good way to earn additional interest over regular savings accounts. Just like the regular savings account that most of us are familiar with, money that you put into a CD will earn interest, and usually it will earn more interest than a simple savings account. One major difference between a regular savings account and a CD is that the money that you put into a CD has to remain in the bank or credit union Read more..
Today’s GBP/USD Forex Signal (06-11-2008) Best time to place this order is at 05.00 GMT sell @ 1.5929( Stop/Limit/Market Order) Set Stop Loss @ -30pip Set Profit Target @ 20 pip Daily Pivot: 1.5969 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 (05-11-2008) trade and it’s result: buy @ 1.5918 (Loss) Today’s [...]
Today’s GBP/USD Forex Signal (06-11-2008)
Best time to place this order is at 05.00 GMT
sell @ 1.5929( Stop/Limit/Market Order)
Set Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.5969
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 (05-11-2008) trade and it’s result:
buy @ 1.5918 (Loss)
Today’s EUR/USD Forex Signal (06-11-2008)
Best time to place this order is at 05.00 GMT
sell @ 1.2926 ( Stop/Limit/Market Order)
Set Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.2966
Previous day’s HLC Price and today’s Support and Resistance Levels

Previous Eur/Usd (05-11-2008) trade and it’s result:
buy @ 1.2875 (Profit)
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.
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