Previous bullish trend has broken, I’m expecting a nice downtrend till at least 2.0024. This is friday, right? Honestly, I think the signal will result a “no Trade”. What I can do anyway, I gotta stick to the rule (and wishing a bit luck).

Today’s Forex Signals 28-03-2008
Best time to place this order: 05.00 GMT

GBP/USD
Stop/Limit/Market Order
sell @2.0076

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

Daily Pivot: 2.0096

Below is previous (27-03-2008) trade and it’s result:

GBP/USD
Stop/Limit/Market Order
buy @2.0060

Result: + 20 pip profits
-

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March 28, 2008