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GBPUSD 12.12.2013 Trade Result

GBPUSD 12.12.2013 Trade Result

Yesterday I posted about GBPUSD trading at resistance area. I saw a bearish showcard emerging today and manage to short the GBPUSD at 1.6404 in the afternoon. To my surprise price moved quite a bit today when the US market open.  As I would be off my desk traveling for the next week, I have…

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EURUSD 22.11.2013 trade update

EURUSD 22.11.2013 trade update

The EURUSD did not work out as the price action on the 21st of November did not turn out to be showing a good sell. I was not able to update on the website. However I was able to alert the students on whatsapp that the EURUSD sell trade should be cancelled. True to the…

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GBPUSD 12.11.2013 Trade Update

GBPUSD 12.11.2013 Trade Update

From my mandate dated 04.11.2013 (for reference please click here), I mentioned that I would be looking for a GBPUSD short and I managed to short 1.6020 and 1.5993 as shown in the diagram above and below. I did not set a target profit in my update. Thus I am writing to inform that I…

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