Yesterday was really a choppy market, we got profit though. Today’s event which will give high impact to the market is Nationwide House Prices. Data will be released at about 07.00 AM (GMT)

Today’s Forex Signals 31-01-2008
Best time to place this order: 05.00 GMT

GBP/USD
Stop/Limit/Market Order
sell @1.9882

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

Daily Pivot: 1.9902

Below is previous (30-01-2008) trade and it’s result:

GBP/USD
Stop/Limit/Market Order
buy @1.9898

Result: +20 pip Profit
-

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January 31, 2008