7/12/2009
GBP/USD
We saw GU drop a great deal on friday after the NFP release and is presently at a strong support right now.
I will short if I see price take out fib and trendline support around 1.6379 and expect price to move down to 1.6278
I wont want to give a buy signal for now cos i believe we are still in a down mode at least till the proper unfolding of the market today.
EUR/USD
EU is in a very strong down mode right now and u will notice on your daily chart that it has hit 1.4815 severally
if u see EU take out support around 1.4799(this price is to avoid false breakout) consider shorting eurusd down till 1.4736…. stoploss should be placed around 1.4884
If prices bounces back and take out resistance around 1.4884.. I will consider going long on eur usd up till 1.5020 with resistance around 1.4945.. stoploss should be placed around 1.4800
8/12/2009
GBP/USD SIGNAL
We see GU hitting a strong support yesterday and forming a strong hammer on the daily chart.
I will consider going long when i see price violate the resistance 1.6477 with resistances at 1.6519,1.6550,1.6594.
Summary:
BUY GU @1.6486
TP1: 1.6516
TP2:1.6546
TP3:1.6594
SL:1.6368
10/12/2009
EUR/USD
If price takes out resistance around 1.4781,i will consider buying eurusd up till 1.4905 with resistance at 1.4850
on the the down side if eurusd clearly take out 1.4715 i will consider selling eurusd with targets at 1.4672, 1.4623 and 1.4563
GBP/USD
If price takes out 1.6322,i will consider going long on gbp/usd with targets at 1.6381,1.6410,1.66449
on the other sider if gbp/usd takes out support around 1.6255 i wil seell gbpusd downto 1.1664 with targets at 1.6228, 1.6190 and i.6164
Happy trading.
GBP/USD SIGNALS
If i see price take out resistance around the fib level and trendline of 1.6343, i will consider going long with mt targets at 1.6432/1.6475/1.6570.
Summary
Buy GBP/USD @ 1.6354
TP1: 1.6432
TP2:1.6475
TP2:1.6570
SL: 1.6183
EUR/USD
If i see eur/usd take out resistance around 1.4662, i will consider going long with my targets at 1.4685/1.4735/1.4768.
On the other hand if i see price take out support around 1.4581, i will consider going short till 1.4484
GBP/USD
If i see GU violate 1.6235,i will sell gu till 1.6207/1.6173/1.6078.
To the upside if i see gu violate 1.6324, i buy gu uptill 1.6364
EUR/USD
If i see eur/usd violate 1.4575,i will consider going long till 1.4595/1.4650
While to the downside if i see eu 1.4503, i will sell eur/usd till 1.4409.
GBP Signal
Daily chart for GBP shows up trend shape..with strong support at 1.5572...hope this right
====================

- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
Am going to dedicate this thread for posting signals for gu and eu basically at the close of the market.
The strategy i will be using is based on trendlines,fibonacci and major resistance/ support on higher time frames. I have been using this strategy for sometime now and it has been 70% correct.
Am very sure we will all have a nice time trading this strategy.