Today’s GBP/USD Forex Signals (07-04-2008)
Best time to place this order: 05.00 GMT
sell @ 1.9944 ( Stop/Limit/Market Order)
Set Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.9964
Below are previous trade’s result and the Eur/Usd Signals:
Previous Gbp/Usd (04-04-2008) trade and its result:
buy @1.9940 ( + 20 pip profits)
Today’s EUR/USD Forex Signals (07-04-2008)
Best time to place this order: 05.00 GMT
sell @ 1.5696 ( Stop/Limit/Market Order)
Set Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.5716
Previous Eur/Usd (04-04-2008) trade and its result:
buy @ 1.5666 (+20 pip profits)
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Hi,
I look at your forextip of today at 05:00 GMT, but it is already more than 100 pips below entry.
Even at 00:00 GMT, when you enter te tip, it closed already below the entry of 1.9940.
This seem to be a litlle too late, no ?
Kind regards,
Yves, Belgium
we have at least three possibilities here, first, price continue going south (down) or at least settling somewhere around its current price (1.9840 or so). In this scenario, we will have ‘No Trade’ result
second, price going back to north, hit the trigger point (1.9944), and then continue its move to north. this is a ‘loss’ scenario obviously.
third, price going back to north, hit the trigger point (1.9944), and then reverse again to south. This is probably a ‘profit’ scenario.
is it too late? I can’t answer this quest, because it is not how we look into how the signal works