Posted in Free Forex Signals
Today’s Forex Signals 22-02-2008
Best time to place this order: 05.00 GMT
GBP/USD
Stop/Limit/Market Order
buy @1.9598
Set Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.9558
Below is previous (21-02-2008) trade and it’s result:
GBP/USD
Stop/Limit/Market Order
sell @1.9407
Result: No Trade
-
If you’re relatively new to this blog, you might want to read below articles for better understanding about this free forex signals service :
You can get the forex signals 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.
Or, subscribe via email:
I am a Forex Trader from Nigeria. I have to commend your diligence and the zeal with which you have been working to provide support to many other traders. Please keep up the good work.
Going through the Pivot Point formula provided above, I came across a little mistake which I believe you haven’t noticed.
The formula for the second support should be;
2nd Support Line = S2 = P - (R1 - S1)
You gave yours as R2, but it should be R1 as stated here.
I hope this will be rectified as soon as occasion offers.
Thanks Ganes.