Daily Market signals and analysis for GBP/USD, GBp/JPY, EUR/USD
hello all,
Am going to be posting daily market signals and anlysis for gbpusd, eurusd, and gbpjpy.
I intend to show you how i have been consistent trading these 3 pairs for one year now though i have been trading for the past 3yrs now.
The system i have been using in the past one year help me to generate my signals from the daily chart using trendlines, fibonacci,EMA and MACD.
I hope we all enjoy this together.
Cheers
Daily market signals/analysis for gbp/usd,gbp/jpy and eur/usd
Hello All,
Am going to be posting daily market signals and analysis here for those that are trading forex. My signals will center around the 3 major currencies that i am going to focus on.
They include GBPJPY, GBPUSD,EURUSD.
I will be using trendlines,fib levels and MACD to analyse the market. I will be posting at the end of each market close for the day.
I hope we will all have good times together doing this.
Cheers
GU
I will consider selling GU if the price violates the support at 1.5507
while i will consider going long on GU at the break of the major resistance
at 1.5619 till it gets to 1.5673.
Summary
BUy GU @ 1.5631
TP: 1.5660
SL: 1.5600
Sell GU @ 1.5496
TP1: 1.5464
TP2:1.5425
SL:1.5530
GJ
If price breaks the support at 130.91, then i will consider selling GJ
till it gets to 129.84.
SUmmary:
Sell GJ @ 130.78
TP1: 130.55
TP2: 130.07
SL: 131.31
EU:
i will consider buying EU at the break of 1.2739.
Summary:
BUy EU @ 1.2743
TP1: 1.2758
TP2: 1.2778
SL: 1.2705
Hi nice analysis, im using fibo too....and i agree with your signals there....and lets wait and see...keep posting goodluck
@mi2007,
Thanks man, i came out with very little pips on friday overall but i was in profit overall for the week. See the breakdown below:
The signal results for Friday 27th Aug:
GU buy : Not Triggered
Gu sell: 32pips
GJ sell: -53pips
EU BUy: 30pips
Total: 9pips
I started trading last week on Wednesday and the result for the week was positive:
On wednesday: We came out with 20pips
On Thurs: 129pips
(please refer to the signals above for confirmation).
In total for the week we are still in profit of :
wednseday: 20pips
thursday: 129pips
Friday: 9pips
Total for the week: 158pips.
GU:
I will consider buying GU if price violate the resistance at 1.5546 till it gets
to 1.5676.
Summary:
Buy GU @ 1.5556
TP1:1.5590
TP2;1.5620
TP3:1.5667
SL: 1.5478
EU:
I will consider going long on EU at the break of the resistance 1.2763 and
buy till it gets to 1.2900 while to the downside, i will consider selling EU if price violates
1.2669 till it gets to 1.2610.
SUMMARY:
BUY EU @ 1.2773
TP1:1.2810
TP2:1.2870
SL: 1.2710
SELL EU @ 1.2669
TP1: 1.2610
SL: 1.2720
GJ
GJ has already break out as at the time of this compilation.
hello all,
Today's trade was cool, though ended with a loss but i look forward to tomm.
Truth is if you follow ur trades closely today with the signals i gave earlier on, you can still come out in profit.
GU buy: It got triggered and did 20pips b4 it started coming down to hit the stop loss at -78pips
EU BUy:Not triggered
EU SELL: its still on though at 10pips. I have decided to close out soon before i go to bed. Tommorrow is another day.
Total for today: -68pips
cheers
Gu:
I will consider selling Gu if price violate the support at 1.5444 while i will
consider buying GU if price violate the resistance at 1.5519.
Summary:
Sell Gu @ 1.5430
TP: 1.5393
SL: 1.5480
BUy Gu @ 1.5523
TP: 1.5555
SL:1.5480
EU:
I will consider selling EU if price violate 1.2649 while to the upside.
Summary:
Sell EU @ 1.2642
TP1: 1.2618
tp2: 1.2580
SL: 1.2690
GJ:
I will consider selling Gj if price violates 130.56 and sell till it gets
to 128.85.
Summary:
Sell Gj: 130.23
tp1: 129.79
tp2: 129.18
sl:131.52
GU:
I am going to go long on GU at the break of the price 1.5490 and buy till
i get to 1.5768 while on the downside if price breaks support at 1.5420
then i will short GU till it gets to 1.5346.
Summary
BUy GU @ 1.5502
TP1:1.5530
TP2: 1.5564
SL: 1.5450
Sell: 1.5410
TP1: 1.5387
TP2:1.5360
SL: 1.5480
EU:
I will go long on EU if price violates resistance at 1.2821 till it gets to
1.2870 while i will go short when price breaks support @1.2756.
Summary:
BUy: 1.2825
tp: 1.2850
tp2: 1.2870 (ensure you use trailing stops in this region)
SL: 1.2760
GJ:
I will go long on Gj at the break of the resistance @130.93 while i will consider
going short at the break of 130.15.
Summary:
BUY GJ @131.10
TP1: 131.70
TP2: 132.30
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hello all,
Am going to be posting daily market signals and anlysis for gbpusd, eurusd, and gbpjpy.
I intend to show you how i have been consistent trading these 3 pairs for one year now though i have been trading for the past 3yrs now.
The system i have been using in the past one year help me to generate my signals from the daily chart using trendlines, fibonacci,EMA and MACD.
I hope we all enjoy this together.
Cheers