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215 thoughts on “Deans Forex Advice”

  1. Good morning, by the time i had posted on here yesterday the position i was looking for had gone and it was heading in the other direction, so no trade opened on that one.
    I still have downward signals on the pair(EUR/USD) and im looking short around 1.2920 with targets around 1.2900-1.2890

  2. Good morning, an easy 50 pips yeterday, i opened short at 1.2935 and closed 1.2895.
    I still have downward signals this morning and looking to open short around 1.2900 with targets around 1.2880 – 870

  3. Good morning, Early signals this morning for a downward movement from EUR/USD, im looking short around 1.2940 with targets around 1.2920-1.2900

  4. Good morning, sorry i didnt post yesterday i just didnt get time to study my charts.

    There may be further upward movement on EUR/USD today but i think there is a good chance to get a few downward pips first, im looking to open around 1.3020 with targets around 1.3000 – 290

  5. Good morning, Well the upward movement predicted happened a little bit earlier than i thought and the downward pips i was hoping for never materialised.
    The upward signals are still there this morning on EUR/USD and im looking to open long around 1.3050 with targets around 1.3070-80

  6. We should see some upward movement on EUR/USD later today but im looking to nip in for 20-30 pips downward first, opening around 1.3010 with targets around 1.2990-80

  7. JD its something i think i should look at yes but im a bit of a technophobe so would have to find out how it all works.

  8. Good morning, Quite good profits made last week lets hope we can keep it going.

    I have downward signals on both pairs this morning but again not strong enough for me to act, i dont usually have time to get back during the day but i will try if the signals are stronger.

  9. Good morning,

    The signal turned out ok afterall and i picked up 40 pips, opened long at 1.3022 and closed at 1.3022.
    Nothing strong enough for me to open yet this morning.

  10. Good morning,
    Excellent trade yesterday and i managed to pick up 50 pips, i opened short at 1.3050 and closed a few hours later at 1.3000, a little early as it turned out but i was happy with the 50 pips.
    I still have the upward signals that i spoke about yesterday but the strength of the signal isnt quite 100% so if you are trading keep an eye on it.

    Looking long around 1.3020 with targets around 1.3040-50 (EUR/USD)

  11. Good morning, well signals were spot on again yesterday but i didnt get time to trade.
    We should see some upward movement on EUR/USD today but that may take some time and im looking to steal a few downward pips first, opening around 1.3050 with targets around 1.330-20

  12. Good morning, a nice easy trade to start the week as signals were spot on and i got out just in time. I opened short at 1.3015 and TP triggered at 1.2980 for 35 pips profit.
    We should see further fall today but my signals arent strong enough to open yet.
    I will try and get back later.

  13. Good morning,
    Dont know what was wrong with my early signals a couple of days last week, there usually pretty acurate.

    I have downward signals on both pairs this morning, im looking short on EUR/USD around 1.3020-10 with targets around 1.29-90-80

  14. Good morning sorry i didnt have time to get back yesterday.

    I have signals this morning for further rise on GBP/USD im looking to open long around 1.5170 with targets around 1.5200-210

  15. Good morning, early signals were way off yesterday and i ended up closing at tea time with a 16 pip loss.

    I have upward signals on both pairs this morning but will wait for something a little stronger before opening. Be back later.

  16. Good morning,

    Well it didnt recover as i expected yesterday and i didnt open a trade.
    Down signals on both pairs this morning but i still suspect there may be a bit of an upward move on EUR/USD so im switching to GBP/USD im looking to open around 1.5110 with targets around 1.5080-70

  17. Hi Dean – I have noticed you do offer Forex service as well.
    Could you add me (jiri.derda@gmai.com) to your list so I can receive up to date info.
    Many Thanks
    Ray

  18. Hi Dean

    Was stopped out at 1.3260 with a 30 pip loss. I never move my SL away from the price, as I’ve had my fingers burnt on many an occasion when doing so. It did move nicely in the right direction eventually but too late for me unfortunately.
    Hope for better luck today

  19. Hi Dean

    Was stopped out at 1.3260 with a 30 pip loss. I never move my SL away from the price, as I’ve had my fingers burnt on many an occasion when doing so. It did move nicely in the right direction eventually but too late for me unfortunately.
    Hope for better luck today

  20. Good morning,

    Well it was a little bit hairy for a while yesterday as we were a bit early entering the trade but i hope you guys hung in there. i opened short at 1.3232 and after moving my SL back twice it finally started to move in the right direction and i set my TP at 1.3100 and it had triggered this morning when i logged in.

    There are small signs of a rebound this morning but not enough to make me jump in yet i will be looking to open long around 1.3120 with targets around 1.3150-60

  21. Good morning Guys,
    Wife is on the mend so time to start making some money again.
    We should see significant fall on EUR/USD today and im looking to open around 1.3230 with targets around 1.3200

  22. Good morning, the last few days i havent had time to study my charts much and as a result we had poor trades so untill my wife gets out of hospital in the next couple of days i wont be trading.

    Dean

  23. Good morning guys, i havent had a lot of time this morning and i have to be at the hospital with the wife most of the day but EUR/USD doesnt show much sign of recovery today and we should see further fall, look for entry around 1.3370-80 with targets around 1.3350-40

  24. Good morning, i hope everyone got on GBP/USD yesterday an easy 100 pips, its very unpredictable today and we could probably get 30 pips either way at some stage of the day, But as it is so choppy i think we will be better of switching to EUR/USD im looking short around 1.3410-1.3400 with targets around 1.3370

  25. Good morning, Graham thats the addy ive got for you did you get yesterdays?

    A good 30 pip trade yesterday i opened long GBP/USD at 1.5640 and closed 1.5670

    We could see big movement today on both pairs, when the BOE announces its monetary policy. GBP/USD will probably see the biggest movement first and im hoping we can get a few pips on the expectation, so i will be looking to open long around 1.5650-60 with targets around 1.5680

  26. Its still very choppy but im sure we can get 15-20 pips out of each pair, GBP/USD looking to open around 1.5640 with targets around 1.5660 EUR/USD open around 1.3540 with targets around 1.3560

  27. Graham can you check your spam, ive checked sent box and its defo gone.

    Great trade yesterday making back all losses from monday and more. I opened EUR/USD at 1.3475 and closed at 1.3585 for 110 pips profit. both pairs are a little choppy at the moment so i will be back with a trade.

  28. Hi Dean

    I didn’t receive your email. Can you check that you are sending them to me as I have yet to receive any.

    Regards

    Graham

  29. Finally found it. I hope everyone received my email this morning and got on EUR/USD, i opened at 1.3475 and as i speak im still open at 1.3536 its touching resistance at the moment but i have already recouped my losses from yesterdays disaster.

  30. Good morning, My strongest signal this morning is EUR/USD continuing on an upward trend im looking to open around 1.3620-30 with targets around 1.3650-60

  31. Good morning guys, No problem Marshall.
    Well it was choppy for a good while yesterday but eventually came good, i opened long at 1.3546 and closed at 1.3590 for 44 pips and we actually could of got a lot more from it.

    Signals are indicating further rise today but im not 100% sure and think it may fall. GBP/USD is also very choppy so i will wait till i have something more solid and get back to you.

  32. Good morning, i was a little cautious yesterday as i wasnt sure if EUR/USD would break through resistance, now it has we should see it climb again today. Im looking to open long around 1.3540-1.3550 with targets around 1.3580

  33. Good morning, it took a while yesterday but ended up being a very nice trade, i opened EUR/USD long at 1.3432 and closed late afternoon at 1.3482 for 50 pips profit.

    EUR/USD still has support this morning and we should see further rise but signals are not the strongest and im not sure how much is left in it, so i will wait on further signals before posting a trade today.

  34. Good morning, I have said this on here before but i think i need to reiterate that my early advice on here is advice only and you do really need to have some idea of what you are doing before getting into this. Yesterday my early advice was to open long around 1.5710 – 1.5720, i watched it for a couple of hours and it didnt drop into our opening target so i didnt open, in a ideal world i would have posted again that those signals were no longer valid but i was out and didnt have time. You also have to have some idea when to close, i know a couple of people opened when i sent the advice yesterday around 1.5725 and could have closed 20 pips up but they were waiting to hit the 1.5750.
    Please if you are new to this read through Baby pips and then read it again as this whole thing is essentially a horseracing sevice with forex advice thrown in.

    Thanks

    Dean

  35. Good morning, we should see a rise on GBP/USD today im looking to open around 1.5710 – 1.5720 with targets around 1.5750 it may be choppy for a while but should hit our target.

  36. Hi Dean

    I sent my address when I first subscribed but haven’t received any updates, including yesterday.It was an expensive day because I took the original trade and of course lost. The address I sent you was a hotmail address and I’ve had some problems in the past with hotmail with emails not arriving or being delayed.
    Therefore could you please send all updates to my other email address, moonflamer@gmail.com.

    Cheers
    Graham

  37. Good morning, can i just say if there is anyone following on here who isnt receiving updates can you please leave your email addy. the first trade i advised on here yesterday was a non starter and i quickly advised that, instead we went short on GBP/USD i opened short at 1.5842 and closed at 1.5789 for 53 pips.

    Looking at EUR/USD today and hopefully continuing the downward trend, im looking to open around 1.3420 with targets around 1.3390

  38. Good morning, as predicted GBP/USD rebounded enogh for us to get a few pips, i opened long at 1.5826 and closed at 1.5856 for 30 pips.

    Todays signals are showing EUR/USD continuing on its downward trend but i have signals that show we should be able to nip in and steal some pips going long so im looking to open around 1.3320 with targets around 1.3350

  39. Dean,

    I havent heard from you in a while. Are you getting my emails mate? Hope everything is well? Good run on the forex mate keep it up

    Oscar

  40. Good morning guys, another very profitible trade yesterday, i opened long at 1.5818 on GBP/USD and closed just after lunch at 1.5870 for 52 pips profit.

    After falling yesterday afternoon i can see it climbing again this morning so im looking to open long around 1.5810-1.5820 with targets around 1.5840

  41. Good morning, Good trade yesterday as GBP/USD dropped more than 80 pips, i opened two trades both short at 1.5888, i closed the first one at 1.5866 and locked in 22 pips profit. The second trade i moved my stop loss up to zero, set TP at 1.5830 and it had triggered this morning when i logged in. Could have had quite a bit more out of it but i was happy 80 pips for the day.

    We should see a rebound today so im looking long around 1.5800 – 1.5810 with targets around 1.5840

  42. Good morning, Good signals again yesterday, EUR/USD opened long at 1.3325 with initial targets around 1.3360-70 but the signals continued to be strong so i let it ride with a take profit of 1.3390 and it had triggered when i logged in this morning for 65 pips.

    Today its looking like continuing on an upward line but the signals are not strong enough yet, so i will be back later with more info.

  43. Good morning guys, another easy 30 pip trade yesterday opened on GBP/USD at 1.6020 and closed 1.6050

    Today my strongest signals are for EUR/USD to continue rising, enough for us to get a few pips anyway. Im looking to open long around 1.3340 with targets around 1.3370

  44. Good morning guys,
    back to normal yesterday with an easy 30 pip trade i opened long on EUR/USD at 1.3350 and closed 1.3380

    Early signals for a rebound on GBP/USD today im looking to open around 1.6010-20 with targets around 1.6050

  45. Good morning, signals on 2nd trade were far too early yesterday sorry guys.

    Just one trade today EUR/USD upward signals im opening around 1.3350 with targets around 1.3380

  46. Upward signals on GBP/USD, again it may be choppy for a while so im looking to open around 1.6120 with targets around 1.6150

  47. Good morning guys my first signals this morning are for a drop on EUR/USD im looking to open around 1.3375 with targets around 1.3340 it may be choppy for a while but i expect it to fall significantly today.

  48. Morning Dean,

    I am hoping for a good day today to make up for my bad move on Friday 🙁 Let me know if we have anything. Maybe that drop is due today?
    Oscar

  49. Dean are you still in the EUR/USD or did your stoploss kickin? Im wondering if you are still riding this hoping for it to come back down or if you admited defeat?

    Thanks
    Oscar

  50. Guys forget that last trade there should be a major drop in both pairs soon im ordering short on both EUR/USD 1.3270 with targets around 1.3230 GBP/USD 1.6160 with targets around 1.6130

  51. hi dean,

    If you think the trend is to move down why not playing the safest option and look for a proffit in a short even if we have to wait for it a little longer during the day? Would that not be a better strategy?

    Thanks
    Oscar

  52. Good morning guys a bit of a mixed bag yesterday, the first trade long on EUR/USD i opened at 1.6022 after it was clear it wouldnt get down as low as 1.6000 and i closed yesterday evening (too early) at 1.6125 for 103 pips. the second trade GBP/USD i though we could steal a few pips befor the upward move but i was wrong and i closed after losing 14 pips.

    Today i have signals for a downward rebound on both pairs but once again im taking a bit of a risk and trying to steal some upward pips before that happens.

    EUR/USD long around 1.3255 with targets around 1.3270-1.3275
    GBP/USD long around 1.6145 with targets around 1.6160-1.6170

  53. guys i think we should also get 20-30 pips from EUR/USD im opening short at 1.3060 with targets around 1.3040 – 1.3040

  54. Good morning guys, no trades yesterday because of the site being hacked again but we had another easy 30 pip trade on tuesday
    EUR/USD opened long at 1.1300 and closed at 1.3130.
    Today my strongest signals are for GBP/USD rebound upwards but there may be a little left in the downtrend so im looking to open long around 1.6000 with targets around 1.6030 – 1.6050

  55. Dean Im paying for your service and ive never looked into the forex side of your page. however if you know half as much about forex as you do about horses, complaints will be few and far between.
    Im looking at techniques and how to use forex, but i truly am a complete beginner!
    Can you give me any advice or tips to starting off?
    Any replies would be greatly appriecated.

  56. Good morning guys, a nice easy trade to start the year yesterday, EUR/USD opened long at 1.3020 and closed at 1.3055 for 35 pips profit, we actually could have got a lot more out of it and the early signs are that it will continue to rise so im going long around 1.3100 with targets around 1.3130

  57. Good morning guys hope you all had a nice xmas/new year.

    Early signals indicate upward movement on EUR/USD im looking to open around 1.3020 with targets around 1.3050

  58. Hi Dean,

    Are we back on the forex today?Please tell me when will you be posting new trades? I am quite eager to start.

    Thanks
    Oscar

  59. Good morning just one quick trade for me today as i havent got much time, Strong early signals for further upward move on EUR/USD im opening around 1.3200 with targets around 1.3230

  60. Nice call on the GBP Dean. Thanks for that mate. Rainy day yeterday over here in my little corner of thhe world and I think it will be equally rainy today. If the Mayans end of the world happens today I will spend it aving a pint with some friends on a rainy day later on lol. Bring some more trades to the table mate and lets make some money to spend for Xmast )

  61. Good morning guys, Yeah Oscar they both eventually came down but we entered far too early and i too lost pips on EUR/USD but just about evened out as GBP/USD came down during the night and my TP triggered at 1.6240 for 30 pips.
    Signals this morning are a bit conflicting so i will wait untill they are clearer and get back to you.

  62. Both pairs came down like you said Dean,
    Unfortunatelly one of them hit my stop loss before it did so I made some losses yesterday. Nothing too serious though only about 20 pips. Hopefully the market will be a little less chopy today. Thanks for your help.

  63. It looks like we are not going to have a good day today. It has moved the wrong way a good bit over 25 pips already Dean are you still seeing down move on this?

    Please let us know whatever you do as soon as you do it

    Thanks
    Oscar

  64. Good morning guys, another 2 quick trades yesterday 20 pips from each.
    EUR/USD opened 1.3160 closed 1.3180, GBP/USD opened 1.6200 closed 1.6220

    I think we may get the drop ive been expecting today.
    EUR/USD looking short around 1.3240 with targets around 1.3210, GBP/USD short again around 1.6270 with targets around 1.6240

  65. I still have the upward signals on both pairs this morning but im still expecting the drop on both so will go for 20 pips on each again.
    EUR/USD looking long around 1.3160 with targets around 1.3180
    GBP/USD long around 1.6200 with targets around 1.6220

  66. Good morning, two quick trades yesterday 20 pips from each, EUR/USD opened 1.3150 and closed 1.3170 GBP/USD opened 1.6186 and closed 1.6206

    Back with todays trades soon.

  67. Upward signals both pairs this morning but im expecting them both to drop some this afternoon. EUR/USD looking long around 1.3150 with targets around 1.3170
    GBP/USD long around 1.6180 with targets around 1.6200

  68. Good morning, Nice one Oscar glad your making profit.
    Just one trade on friday, opened short EUR/USD at 1.3110 and closed at 1.3078 for 32 pips profit.

    Be back soon with todays trades.

  69. Dean,

    Another play closed today. Thanks mate. I started a little shaky with this I dont know if I picked the wrong time or what but now Im getting the hang of it and I am in proffit already. So keep it up mate.

    Thanks
    OScar

  70. Good morning guys, good pips made yesterday on both pairs, opened short EUR/USD at 1.2093 closed 1.2049 for 44 pips profit. GBP/USD opened short at 1.6046 closed 1.6016 for 30 pips profit.

    Downward signals on EUR/USD this morning im looking to open short around 1.3110 with targets around 1.3070

  71. Thanks Dean,

    All sorted now. Thanks for that. I closed one early trade and opened that second one you emailed later. Happy days

    Thanks

    Oscar

  72. Dean,

    Im having trouble with my yahoo email account could you please send me the forex emails to this address instead:

    orojobriso@gnmail.com

    I sent you an email about it from that gmail account I dont know if you saw it

    Thanks
    Oscar

  73. Good morning guys i dont have much time today so im gonna set my trades early and i wont get back to check them till tomorrow so hopefully they will go our way. i have downward signals on both pairs. EUR/USD looking to open short around 1.3100 with targets around 1.3070, GBP/USD short around 1.6150 with targets around 1.6120

  74. Good morning guys, Great day yesterday recovering mondays loss and more i opened long EUR/USD at 1.2940 and closed manually at 1.3003 for 62 pips profit. Long again on GBP/USD at 1.6072 and TP closed the trade at 1.6112 for 40 pips profit.

    Today i have upward signals on both pairs but neither of them is very strong and i expect we will see some fallback later today so i am waiting on that.

  75. It looks like i am gonna have to admit defeat and close yesterdays trade as i am getting upward signals on both pairs this morning. looking long EUR/USD around 1.2940 with targets around 1.2970

    GBP/USD i will be looking long on this one also, but im hoping for a little fallback first and will get back to you on this one.

  76. Good morning guys sorry i didnt get back on yesterday, looks like early signals were wrong and the was quite an upward movement, my trade is still open and i will monitor it this morning. i will be back soon with todays trades.

  77. Not a good one today Im afraid. My stoploss was just executed. I guess we take it on the chin today 🙁 You cant win them all.

  78. Dean,

    Or anyone else for that matter. Are we out of this play? Am I too late to ride it? I can see it is at a good entry price right now considering Dean´s tip but i am not sure if we are out cause I saw a down move reaching 1,6012 around 8:50am this morning. I think we should still be in this but if anybody knows if we closed the trade already please let me know.

    Thanks
    OScar

  79. I have upward signals on EUR/USD but i dont think they will last long so i will wait on that one. Downward signals on GBP/USD im looking to open short around 1.6025 with targets around 1.5995

  80. Good morning, only one trade friday and 33 pips profit. I opened short on GBP/USD at 1.6045 and closed 1.6012
    Be back soon with todays trades.

  81. Good morning guys it was a very profitible day yesterday, our first set of trades opening long on both pairs yielded 33 pips profit, i opened EUR/USD at 1.3051 and closed 1.3071 GBP/USD opened 1.6090 closed 1.6103 but the next one was the real money spinner, i opened short on GBP/USD at 1.6018 and closed manually at 1.5045 for 73 pips profit. Be back soon with todays trades.

  82. No problem mate Im not complaining I appreciate your efforts I just didnt know what to expect from this thats all. Now I have a better idea of how this works. Maybe you can point me to what signals to look for. I read some of the stuff on the website you sent me but I dont know at whhat signals you look and maybe if I did I could see this patterns looking at the chharts on my own to open or close positions accordingly

  83. Hi Oscar i completely agree that it isnt as black n white as the horses and its simply because i dont have time to give the forex advice all day. This whole thing is a horse racing system with my forex advice thrown in, at the moment im trying to give a bit more advice but the ratings do really take up most of my day.

    First trade open and closed EUR/USD opened long 1.3051 closed 1.3071 for 20 pips profit.

  84. Dean my problem is I do not know how to read those signals and when to close a position or let it ride and I depende on you to know when to close or not to close a position. The EUR/USD I got the proffit nicely but the GBP/USD I left it open with the proposed target of 1.6070 yesterday and it was still open today. I closed it at whatever little proffit I could find and I will start again today I guess. I can see this can be proffitable but a lot more grey than the black and white results for the horses

  85. Good morning guys sorry i didnt see your questions on here but i think we cleared it up through email. As for closing trades there really is no set rule it all depends on how strong signals are that its gonna go our way i hope you left yesterdays open as ive just logged in and both have closed with 90 pips profit, i did get a little greedy with EUR/USD but i had confidence it would drop significantly i opened short at 1.3100 and it closed with my TP of 1.3040 about an hour ago for 60 pips. GBP/USD also just closed i opened short at 1.6108 and Tp triggered at 1.6078

    I will get back to you soon with todays trades.

  86. Hi Oscar,sorry for any confusion,I meant sometimes,instead of opening an order straight away,you can ‘order to open’,meaning set it to trigger when the price hits a certain price,which I did with Deans today.

    Dean- could you send any changes through the day to jgh196444@gmail.com
    Thanks

  87. Johnny,

    Thanks for your help. I think you meant if a trade has not close you close them at around 7pm. I checked back with Dean and he told me he usually leaves themo overnight but with the stoploss of 30 pips. The thing is that yesterday I put a higher stoploss and this morning I still had them open so I did not know what to do with them. I took the losses anyways and I ignored the long trades posted and followed the short trades sent by email. One of them has already closed and the other one is pending so hopefully it will close before the end of the day otherwise I will leave it open and with the stop loss of 30 pips just in case it moves up instead of down.

    Thanks for your help anyways.

  88. Hi Oscar,if you’ve set a stop loss of 30 pips,then i’d be tempted to leave it,and it will stop at -30,but could of course go back into a profit.If a trade hasn’t opened,i normally delete those around 7pm each day,only my preference of course,Dean may be different

  89. Does anyone know if we close the trades for one daily+ I think Im gonna take it on the chin and close yesterdays plays and start over with the new ones for today.

  90. Dean,

    Mate I sent you a couple of emails asking you for the same thing yesterday and again today and I still got no answer. DO WE CLOSE ALL TRADES AT THE END OF THE DAY? And in this case do we close yesterdays trades at a loss and start the new ones you gave today going long?

    Thanks
    Oscar

  91. Good morning, very slow day yesterday and eventually had to admit defeat as the drop that was predicted never quite happened and a loss of 67 pips.

    Im still expecting that drop but todays early signals indicate further rise,EUR/USD im looking long around 1.3110 with targets around 1.3140 GBP/USD long around 1.6110 with targets around 1.6140

  92. Dean,

    As you know I am quite new to this. I have opened 2 trades at following prices and targets. Please tell me if this is within reason to what you posted so I know I am doing things right. Thanks

    SELL GBP/USD @1.6119 target @1.6080 stoploss @1.6160
    SELL EUR/USD @1.3070 target @1.3040 stoploss @1.3110

  93. Good morning, Hi John i will email you today,
    Early signals changed quickly yesterday and those of you who receive email updates will know we actually went long yesterday opening at 1.3026 and closing at 1.3061 for 35 pips profit.

    Today i have downward signals on both pairs.
    Im looking to open short on EUR/USD around 1.3080 with targets around 1.3040

    GBP/USD looking short around 1.6110 with targets around 1.6080

  94. As i’m heading off to work,i’ve wimped out and took 10 pips profit on your trade today,£30 up,so it’s a good start,cheers Dean

  95. Good morning, two good trades on friday i opened short on EUR/USD at 1.3007 and closed at 1.2981 for 26 pips. Short again on GBP/USD at 1.6042 and closed at 1.6017 for 25 pips.

    Today i only have early signals for EUR/USD.
    Im looking to open short around 1.3040 with targets around 1.3000

  96. Good evening Dean,just joined your blog,as my work pattern enables me to give it a go during December,hoping to make a few bob on the hosses and your forex advice,i would be grateful if you could send your trade alerts to jgh196444@gmail.com

    Thanks,
    Johnny 🙂

  97. Good morning, i only maaged 1 trade yesterday i opened long on GBP/USD at 1.6014 and closed at 1.6044 for 30 pips profit.

    Today im ordering short on EUR/USD at 1.3030 with targets around 1.2990

    Im also looking short on GBP/USD around 1.6060 with targets around 1.6020

  98. Good morning, 52 pips profit yesterday from both pairs. I opened short on EUR/USD at 1.2931 and closed at 1.2906 for 25 pips
    i also opened short on GBP/USD at 1.6009 and closed at 1.5982 for 27 pips.

    Today we may see further fall on EUR/USD after a slight rebound im looiking to open short around 1.2990 and close around 1.2950

    Upward signals for GBP/USD this morning im looking to open long around 1.6000 with targets around 1.6030

  99. Good morning, an easy 40 pips within an hour or so yesterday, i opened short EUR/USD at 1.2993 and closed at 1.2973 for 20 pips.
    Also opened short on GBP/USD at 1.6048 and closed at 1.6-28 for another 20 pips.

    Today i have downward signals on EUR/USD im looking to open short around 1.2940 with targets around 1.2900

    Also looking short on GBP/USD around 1.6000 with targets around 1.5970

  100. Good morning guys, i got in and out pretty quickly on both pairs yesterday with a profit of 48 pips

    I opened short EUR/USD at 1.2972 and within the hour i was getting rebound signals so closed at 1.2950 for 22 pips.

    Same scenario with GBP/USD opened short at 1.6027 and closed less than anhour later at 1.6001 for 26 pips.

    Today i have downward signals again on both pairs im looking short EUR/USD around 1.2995
    with targets around 1.2960
    GBP/USD looking short around 1.6060 with targets around 1.6020

  101. Good morning i have downward signals on both pairs this morning.
    EUR/USD looking short around 1.3000 with targets around 1.2970

    GBP/USD looking short around 1.6040 with targets around 1.6000

  102. Good morning, by the time i had finished the horse ratings yesterday my early morning signals had long gone and its something that needs looking at.

    Today we should see some fallback on EUR/USD im looking short around 1.2850 with targets around 1.2820

    GBP/USD there should still be a little bit left in this so im looking long around 1.5950 with targets around 1.5980

  103. Good morning its nice to be back, today i have downward signals on both pairs.
    EUR/USD looking short around 1.2760 with targets around 1.2730.
    GBP/USD looking short around 1.5920 with targets around 1.5890

  104. Good morning, everything went pretty much to plan yesterday i opened short on EUR/USD at 1.2773 and closed an hour and a half later at 1.2720 for 53 pips profit.
    I opened short on GBP/USD at 1.5975 and set TP at 1.5925 but had to close at 1.5935 when i got opposing signals but was still happy with 40 pips.

    Upward signals on both today im looking long on EUR/USD around 1.2740 with targets around 1.2780
    GBP/USD looking long around 1.5970 with targets around 1.6019

  105. Good morning, early signals on GBP/USD were clearly wrong and i lost 11 pips befor opposite signals came through and i closed.
    EUR/USD did exactly as predicted, i missed the opening at 1.2870 so opened short at 1.2855 and closed a couple of hours later at 1.2770 for 85 pips profit.

    Today we should see further fall on EUR/USD im looking short around 1.2770 with targets around 1.2720 and below.
    GBP/USD looking short around 1.5980 with targets around 1.5950

  106. Good morning, a good day yesterday with an easy 100 pips profit, i opened long on EUR/USD at 1.2790 and TP of 1.2850 had triggered this morning when i logged in.
    GBP/USD long at 1.6007 and TP of 1.6047 triggered within a couple of hours for 40 pips profit.

    Today i think we may see a slight fallback as EUR/USD approaches its next resistance so im looking short around 1.2870 with targets around 1.2820
    GBP/USD early signals indicate there maybe a little more in this upline before touching resistance so im looking long around 1.6020 with targets around 1.6050

  107. Good morning, early signals were a little off yesterday and i ended up even, i opened EUR/USD long at 1.2780 and closed at 1.2800 for 20 pips profit. GBP/USD opened long at 1.6000 and closed at 1.5980 for 20 pip loss.

    Today i think we should see some rebound on both pairs EUR/USD im looking long around 1.2790 with targets around 1.2830
    GBP/USD looking long around 1.6010 with targets around 1.6050

  108. Good morning, an excellent day friday with 100 points profit from both pairs, i opened short on EUR/USD at 1.2900 and closed 1.2850 for 50 pips, GBP/USD opened short at 1.6100 and closed at 1.6050 for another 50.

    Upward signals on both pairs this morning im looking long on EUR/USD around 1.2820 with targets around 1.2860
    GBP/USD long again around 1.6010 with targets around 1.6050

  109. Good morning, EUR/USD i opened long at 1.2945 and closed 1.2975 for 30 pips profit.
    I was about 10 mins to late to catch the sharp rise on GBP/USD so didnt open a trade.

    Today i have early downward signals on EUR/USD im looking short around 1.2920 with targets around 1.2870
    Also looking short on GBP/USD around 1.6100 with targets around 1.6060

  110. Good morning, EUR/USD position had long gone yesterday i managed to open long at 1.2980 and close at 1.3000 for 2o pips
    GBP/USD opened long at 1.6100 and closed at 1.6130 for 30 pips profit

    Today i have upward signals again on both pairs im looking long around 1.2950 with targets around 1.2990
    GBP/USD looking long around 1.6130 with targets around 1.6180

  111. Good morning, i opened long on EUR/USD at 1.2935 and closed a couple of hours later at 1.2973 for 38 pips profit.
    I opened short on GBP/USD at 1.6065 but only managed 11 pips before strong upward signals caused me to close at 1.6054.

    Today i have early upward signals on both pairs. EUR/USD looking long around 1.2950 with targets around 1.3000
    GBP/USD looking long around 1.6080 with targets around 1.6110

  112. Good morning,

    I ordered Short on EUR/USD to open at 1.2920 and TP at 1.2890 and it opened and closed within 40 mins yesterday afternoon for 30 pips profit.
    GBP/USD took a little longer i opened long at 1.6030 and there wasnt much movement so i left it overnight and TP has just triggered at 1.6060 for another 30 pips profit.

    Today im looking long on EUR/USD around 1.2930 with targets around 1.2960

    GBP/USD looking short around 1.6060 with targets around 1.6010

  113. Good morning, no problem Graham keep checking back i am sure we will have a dedicated site in the near future.

    Eur/USD friday, i was expecting some rebound before it continued on downward trend and i opened long at 1.2900, TP of 1.2940 triggered just after lunch for 40 pips profit.
    GBP/USD i ordered short at 1.6130 and set TP at 1.6090 and that opened and closed within a couple of hours friday afternoon.

    Today EUR/USD small chance of a rebound but we should see further fall im looking short around 1.2920 with targets around 1.2880

    GBP/USD early signals indicate further fall but im looking for a rebound so im going long around 1.6030 with targets around 1.6100

  114. Hi Dean

    You are right, brief morning summaries just aren’t enough (for me anyway). To do forex justice I think it needs a dedicated site. You are obviously a very good trader and I would be interested in joining if you decided to set up such a service. But it depends whether you have the time or inclination. I’m not really interested in the horses (just the occasional lay bet) so it’s not worth my while at present carrying on subscribing. However,I’ll keep looking occasionally on the betinfo site, and if you do decide you have the time to set up a separate forex site I would definitely join. Cheers
    Graham

  115. Good morning guys, once again my early morning signals quickly changed and i actually opened short on EUR/USD and long on GBP/USD exactly the opposite of early advice. I am going to have to have a rethink on how i give the advice as it isnt working as it should at the moment.
    Todays early advice EUR/USD heading towards its previous low but i expect some rebounding so im looking long around 1.2920 with targets around 1.2950

    GBP/USD signals indicate further rise maybe as high as 1.6170 but i am expecting a slight pullback first so im looking short around 1.6130 with targets around 1.6000

  116. Good morning, early signals yesterday were way off and quickly changed but as i dont have time to give you guys updates i wont publish my trades.

    Today EUR/USD remains on the upside and we should see further progress im looking long around 1.2970 with targets around 1.3020

    GBP/USD initial signals were to open around 1.6000 with targets around 1.6065 but that target has already been reached so im opening short now try and pinch 30 pips or so.

  117. Hi Graham i completely understand and share your thoughts and have said so numerous times, giving one brief summary early morning isnt enough but at the moment the horse ratings take up all my time and im even neglecting my own trading. Jason and i have discussed a dedicated site for forex and even a live feed and im sure it will happen in time but as i said i just cant fit it in and a brief summary of my early signals is all i can do for now.

  118. Hi Dean

    I had a wipeout yesterday. My EURUSD trade triggered about 7.45am and went south hitting my stop loss of 30 pips, so I don’t really understand how yours didn’t trigger. I also lost 30 pips on GBPUSD when it crashed through 1.6000, and again hit my stop loss.
    This was my first trade with real money after paper trading. You made a small profit of 5 pips whilst I made a loss of 60 pips. I understand you have your own signals software and the signals obviousy changed during the day so that you managed to make a small profit. The problem is doing only a brief summary of the levels you are looking at early each morning can’t alert clients if the situation changes during the day, as it obviously did with the EURUSD. I don’t have the benefit of your signals software so it’s risky following your signals without an explanation of why you are looking at certain levels. Would it be possible to provide more detail in the morning messages or an alert during the day if the market changes?
    Cheers
    Graham

  119. Good morning it was a pretty fruitless day yesterday i ordered long on EUR/USD at 1.3040 but thankfully it didnt trigger.
    GBP/USD i opened long at 1.6000 but within half an hour i had downward signals so closed with only 5 pips profit.

    Today i have downward signals on EUR/USD around 1.2990 with targets around 1.2950

    GBP/USD still bearish looking short around 1.5990 with targets around 1.5920

  120. Good morning the EUR/USD trade opened from friday was closed at 1.3078 for 30 pips profit.
    I ordered EUR/USD to open at 1.6050 and TP at 1.6010 and it was opened and closed when i logged in last night.

    Today upward signals again on EUR/USD looking long around 1.3040 with targets around 1.3080

    GBP/USD looking long around 1.6000 with targets around 1.6040

  121. Good morning, tough day friday my EUR/USD trade which i opened at 1.3048 is still open and will hopefully be closed today with profit if as expected the pair continues to rise. Not as much choppy action as predicted on GBP/USD and it was pretty clear from early on that the upward signals were a bit off so no trades opened.

    Today as i said i expect EUR/USD to make steady upward progress so look long around 1.3050 with targets around 1.3080

    GBP/USD looking short around 1.6050 with targets around 1.6000

  122. Good morning, neither pair got anywhere near the openings i was looking for yesterday, i pinched 20 pips on EUR/USD opening long at 1.3089 and closing 1.3109 but apart from that no significant trades.

    Today EUR/USD im looking long around 1.3040 with targets around 1.3100

    There looks like being some choppy action on GBP/USD today and im looking to go long around 1.6050 with targets around 1.6080

  123. Good morning, as i suspected there wasnt much left in the GBP/USD up ward move so i waited untill after lunch when i had strong downward signals, i opened short at 1.6165 and let it ride overnight, i have just closed at 1.6120 for 40 pips profit.
    Much more straightforward with EUR/USD opened long at 1.3100 and TP triggered lunchtime at 1.3130

    Today i have upward signals on EUR/USD looking long around 1.3050 with targets around 1.3090

    GBP/USD looking long around 1.6100 with targets around 1.6150

  124. Good morning, EUR/USD once it was clear there was gonna be no fallback i opened long at 1.3000 and closed manually at 1.3055 a little early again but happy with 55 pips.
    GBP/USD opened long at 1.6089 and TP of 1.6129 triggered mid afternoon for 40 pips.

    Today upward signals on both pairs
    EUR/USD looking long around 1.3100 with targets around 1.3160
    GBP/USD i am gonna wait on further signals for this pair as i suspect there may not be much left in it.

  125. Good morning, the EUR/USD position i was looking had long gone yesterday which actually worked out quite well, i opened short at 1.2965 and grabbed 30 pips profit when the TP triggered at 1.235.
    GBP/USD i opened short at 1.6066 and was grateful to get 19 pips profit closing at 1.6047

    Today there are upward signals on EUR/USD at 1.2935 but that has gone so waiting for a slight fallback first to go long with targets around 1.3000

    GBP/USD looking long around 1.6060 with targets around 1.6090

  126. Good morning, it pretty much went to plan friday i opened long on EUR/USD at 1.2938 and closed manually a couple of hours later at 1.2980 for 42 pips profit.
    GBP/USD opened long at 1.6040 and TP set at 1.6090 which triggered not long after for 50 pips profit

    Downward signals on both pairs today looking around 1.2920 with targets around 1.2880 on EUR/USD

    GBP/USD looking short around 1.6040 with targets around 1.6000

  127. Good morning guys, early signals for EUR/USD yesterday were completely wrong as the pair did rebound and i gladly didnt get on a trade. GBP/USD open from wednesday had to be closed at 1.605 with only 5 pips profit as it became clear early signals of a continuing downward trend were a bit late.

    Today EUR/USD should continue on the upside and im looking long around 1.2920 with targets around 1.2960

    GBP/USD looking long around 1.6020 with targets around 1.6060

  128. Good morning EUR/USD found a little support yesterday but all turned out well in the end i opened at 1.2880 and for a good few hours it continued to climb but i still had downward signals so i moved SL from 30 to 60 and let it ride overnight, TP was set at 1.2830 and to be honest i wasn’t expecting it to have triggered yet this morning but it had for 50 pips profit.

    GBP/USD i ordered to open short at 1.6010 it opened late afternoon and is still open this morning with further downward movement expected.

    Today EUR/USD watch for the rebound again but still looking short around 1.2890 with targets around 1.2830

    GBP/USD still under pressure and im already open at 1.6010 looking at targets around 1.5970

  129. Good morning guys another good day yesterday everything went pretty much to plan, opened short on EUR/USD just after posting at 1.2972 andf close a little over half an hour later at 1.2922 for 50 pips profit.

    Had to wait a little longer on GBP/USD i placed an order to sell at 1.6030 and TP at 1.6000 nd that had opened and closed when i logged in last night for 30 pips profit.

    Today EUR/USD i still have downward signals for this pair but its nearing its support so be careful im looking short around 1.2880 with targets around 1.2830

    GBP/USD still below resistance looking short around 1.6010 with targets around 1.5950

  130. Good morning guys that was a pretty good day yesterday hope you managed to grab some pips i opened short on EUR/USD at 1.2979 set TP at 1.2949 and by lunch time it had trigered for 30 pips profit.

    Also opened short on GBP/USD at 1.6083 and initially set TP at 1.6053 but signals were still strong as it was getting close so moved it to 1.6033 and it trigered around 2pm for 50 pips profit.

    Today EUR/USD is below resistance at 1.3000
    as long as it stays there it should continue to fall, looking short around 1.2990 with targets around 1.2950.

    GBP/USD currently rebounding but still expecting the downward trend to continue looking short around 1.6050 with targets around 1.6000

  131. Good morning guys sorry i didnt post again friday just couldnt find the time, i did say signals indicated a rise in both pairs well that was certainly true of EUR/USD i opened at 1.3007 and had to go out as im no good with phone apps and things like that i got my wife to close for me at 1.3050 which turned out to be a little early but still happy with 43 pips.

    GBP/USD never really got going on the upward trend i predicted i opened at 1.6183 and by the time it had got to 1.6200 i had downward signals so i closed with only 17 pips profit.

    Today looks like there is a major downtrend on EUR/USD im looking around 1.2985 with targets around 1.2930 and beyond there is a small possibility of a little support around 1.2970 so keep an eye on it.

    GBP/USD again on a downtrend looking short around 1.6100 with targets around 1.6050

  132. Good morning GBP/USD did break through its resistance yesterday and i didnt open a trade.
    EUR/USD did exactly as expected, i opened long at 1.2940 and closed manually around 5pm at 1.2300 for 60 pips.

    This morning my signals indicate further rise in both pairs but the positions im looking for are long gone and i expect some rebounding so i will wait for further signals and definately post later today.

    If anyone else wants these posts emailing to them please just leave yr email address and i will send them.

  133. Good morning guys, ok stops this is one of the things that makes it difficult just posting 1 piece of advice early morning when so many things change throughout the day. I generally open a trade with a 30 pip stop but nearly always use a trailing stop depending on how strong my signals are, yesterday EUR/USD i opened long at 1.2913 and as i said there was some stability and a bullish trend line which gave me enough confidence to move my stop to 50 i let it ride overnight and this morning my TP had been trigered and 30 pips gained.

    GBP/USD opened short 1.6115 TP trigered around 3-30pm at 1.6085 for 30 pips.

    Today EUR/USD still standing above its support looking along around 1.2910 with targets around 1.2950

    GBP/USD i have signals for a break below 1.6080 but we are also getting pretty close to the resistance at 1.6130 so i will wait for further signals.

  134. Hi Dean
    Yes me too on stops. Took 20 from GBP/USD and 30 from EUR/USD yesterday, but was stopped out on both trades the day before as EUR went into a 70 pip loss at one time.

    I have reread your first post re stops. Would it be possible for you to give a guide on the stop advised for the days trades on a daily basis?

    Regards John

  135. Dean. Where do you place your stops? Today you say you are going for your usual 30 pips on EUR/USD. Does that mean you also use a 30 pip stop. I think I may be too conservative with my stops as you are making on trades where I have got knocked out. Regards Michael

  136. Good morning my trade on EUR/USD opened short at 1.2900 is still open and 1o pips down at the moment and as this mornings signals hint at alittle bit of stability i will be closing pretty soon hopefully a few pips profit.
    GBP/USD opened short at 1.6150 and closed at 1.6110 for 40 pips profit.

    Today GBP/USD signals for a break below 1.6000 are strong so any short trades above that should be fine i will be going for my usual 30 pips.

    EUR/USD as i said a bit of stability so im looking long around 1.2890 with targets around 1.2950

  137. Good morning it was a bit of a mixed bag yesterday with very conflicting signals

    i ended up going long on EUR/USD opening at 1.2850 and closing at 1.2900 for 50 pips profit.

    GBP/USD i did go short on the pair but it was a tough 20 pips profit, opened 1.6150 and closing at 1.6130 after some frantic SL adjustments.

    Today looking short around 1.2900 on EUR/USD with targets around 1.2840.

    GBP/USD short again around 1.6150 with targets around 1.6100

  138. Good morning 30 pips made on friday from EUR/USD opening at 1.2927 and closing 1.2957.
    GBP/USD it was pretty obvious from early on my early signals were wrong as the pair plummeted and i didnt manage a trade.

    Negative signals for both pairs this morning
    EUR/USD looking short around 1.2900 with targets around 1.2840 although just got another signal wich is pointing to a rebound towards 1.2950 so i will wait on that one and will try and post again later today

    GBP/USD looking short around 1.6150 with targets around 1.6090.

  139. Good morning a good profit made on EUR/USD yesterday the 1.2900 opening i was looking for had long gone by the time i logged on so i opened short at 1.2885 and set my tp at 1.2845 which triggered around 10-30am

    It was very different with GBP/USD i opened short at 1.6205 before getting strong signals to go long, i nearly closed at 1.6220 for 15 pip loss but hung on for a while longer and got lucky finally closing at 1.6195 for 10 pip profit.

    Strong signals today for EUR/USD to make a good advance and im looking long around 1.2900 with targets around 1.2960.

    GBP/USD looking long around 1.6210 with targets around 1.6270

  140. Good morning EUR/USD didnt perform as expected yesterday and my order never triggered.
    GBP/USD on the other hand went very well my order 1.6200 triggered around 10-30am and i manually closed it at 3-45pm 1.6150 for 50 pips profit.

    Today im again looking short on EUR/USD around 1.2900 with targets around 1.2850

    GBP/USD looking short around 1.6200 with targets around 1.6150.

  141. Good morning slow day yesterday my short order for EUR/USD 1.2950 opened about 1-30pm and didnt start to fall till late in the day although my SL of 1.2980 never really looked in danger, my TP was set at 1.2900 and had triggered when i logged in this morning for 50 pip profit.

    Today EUR/USD remains on the downside and we may get as low as 1.2820 but i beleive there maybe a slight rebound first so im waiting for a short position around 1.2890 with targets around 1.2850

    GBP/USD also remains on the downside so looking short around 1.6200 with targets around 1.6150

  142. d morning it was a nice easy day yesterday both trades open and close within an hour.

    EUR/USD opened short 1.2965 at 8am and TP of 1.2935 triggered 10 mins later for 30 pips profit.

    GBP/USD opened short 1.6240 and TP of 1.6210 triggered at 8-45am for another 30 pips profit.

    Today again looking short on both pairs although GBP/USD could very well rebound so waiting on that one
    EUR/USD short around 1.2950 with targets around 1.2900.
    GBP/USD 1.6250 is my pivot and its around there at the moment so will wait on later signals.

  143. Good morning i can certainly email you my advice from here but they arent alerts as such and still require you to look for your own entry points.

    Friday was very slow i opened short at 1.2990
    and had to move my SL 10 pips to 40 at 1 point but was confident it would fall so let it ride and my TP of 1.2950 had triggered when i logged on this morning for 40 pips profit.

    Looking short again today on EUR/USD positions around 1.2980 with targets around 1.2930.

    GBP/USD looking short around 1.6260 with targets around 1.6200.

  144. Good morning by the time GBP/USD got anywhere near the position i was looking for to go short i had signals to go long so it was left alone.
    EUR/USD i opened short at 1.2980 and my TP of 1.2930 was triggered at 2-15pm for 50 pip profit.

    Today im looking short again on EUR/USD around 1.2990 with targets around 1.2950

    GBP/USD ive missed my entry point of 1.6200 and will wait for afternoon signals

  145. Good morning michael i was so busy yesterday didnt have time to post but seems like you did well anyway i went short on GBP/USD at 1.6251 and closed at 1.6207 for 44 pips.
    EUR/USD opened long at 1.3022 and closed at 1.3063 for 41 pips.

    Today im looking short on both pairs

    EUR/USD short around 1.3000 with targets around 1.2940

    GBP/USD short around 1.6200 with targets around 1.6150.

  146. Good morning two pretty straightforward trades yesterday gaining 30 pips on each.

    EUR/USD opened long at 1.3106 and set TP at 1.3136 which triggered at 1-40pm

    GBP/USD opened long at 1.6221 and set TP at 1.6251 which trigered at 1-30pm

    Today EUR/USD is currently right on my pivot of 1.3075 so will wait for further signals

    GBP/USD looking long around 1.6220 ith targets around 1.6270.

  147. Good morning once again today EUR/USD is standing above its support and should continue to rise im looking long around 1.3095 with targets around 1.3150

    GBP/USD again looking long around 1.6200 with targets around 1.6250 as always 30 pips on each would be enough for me.

    Good luck

  148. If only every day was as easy as today 108 pips in little over 2 hours.

    EUR/USD opened 1.3027 closed 1.3093 +66
    GBP/USD opened 1.6197 closed 1.6239 +42

  149. Hi Michael yeah announcements by the fed reserve can have massive impact on the markets and this one has been anticipated for a while i had ordered long at 1.2900 and it opened at 1-20pm then i had to keep moving my stops and tp,s i eventually set the tp at 1.3000 and it triggered overnight a nice easy 100 pips.

    Think the trend will continue today but once again ive missed my initial entry points,looking for long around 1.3010 with targets 1.3090

    GBP/USD looking for long around 1.6150 with targets of 1.6230.

    Good luck.

  150. Well Dean. A very good result today with the EUR/USD. Just caught it and watched the initial chaos resulting from the US Federal Bank news late afternoon. Once it settled I did a long and made 60 pips in a couple of hours. Wish I had known the US was about to do its stuff earlier! Michael

  151. Good morning Michael im having same sort of problem im spending that much time on the horse ratings im not getting on my signals early enough and missing trades.
    Only managed 25 pips on yesterdays trade i opened long EUR/USD at 1.2892 with a TP at 1.2917 and let it ride and this morning it had triggered.

    Today going long again on EUR/USD at around 1.2900 looking for target of 1.2950

    GBP/USD i was looking for long around 1.6080 but thats long gone and i will wait for further signal.

  152. Curses. I set the GBP/USD trigger at 1.6000. When I went back in it had not quite hit it and had shot upwards. I think I will have to get an additional screen so I can leave it up live and keep an eye open while doing the horses, football, tennis, basketball etc. Michael.

  153. Good morning a very good day yesterday with GBP/USD i opened a long position at 1.6011 about 10.30 am and closed 4-45pm at 1.6075 for a 64 pip profit, i was very happy with the pips but again closed a little too early.

    Today i have entry signals on both our pairs EUR/USD around 1.2850 with targets of 1.2910 and GBP/USD at around 1.6050 with targets of 1.6110 but they are both riding a bit high at the moment and will wait till this afternoon to get a clearer signal. i will post again if signals are strong enough.

  154. Hi Michael nice one i got on at 1.2770 and closed at 1.2790 for 20 pips and got 40 from GBP/USD by opening at 1.5970 and getting out a bit early at 1.6010.

    Today EUR/USD i think is very close the ceiling so im hanging back on that at the moment.
    GBP/USD should be a bit left in this one and im looking for a long position around 1.6000
    with targets of 16030-16050.

    Good luck

  155. Hi Michael ive tried most out there but always come back to fx pro,been with them that long i guess i just dont like change.

    Today im sticking to our 2 pairs and expecting further advancement in both.

    EUR/USD looking for long positions around 1.2760 with targets around 1.2850 and beyond.

    GBP/USD waiting for a slight fallback to around 1.5950 then long with targets around 1.6050.

    As usual i will be quite happy with 30 pips on each.

  156. Just to let you know that I do follow your advice. I use IG Index and sometimes Capital Spreads or Alpari. Do you have a preference? Michael

  157. Good morning guys it was a very slow day yesterday hardly any movement with the two pairs, once again i lefte GBP/USD alone but was confident EUR/USD would rise slowly so i opened a long position just after 2pm at 1.2621 and let it ride overnight and i have just closed it at 1.2672 for a 52 pip profit.

    Today looks slow again so im waiting for a slight fallback on both pairs before looking for a long position around 1.2620 with target of 1.2670.

    GBP/USD looking for long position around 1.5950 with target of 1.5990.
    AS usual trailing stops will be used and 30 pips on each is my personal target.

    Good luck if anyone following.

  158. Here is a short article outlining entrance and exit strategies that any new traders may find useful.

    Pinpoint entry and exit strategies are important in forex trading because without any proper sense of these two critical stages of a trade, a trader might take out a market position too early or exit the market too late incurring a high loss. Obviously, if anyone knows exactly when to enter and exit the market with pinpoint accuracy, then forex trading will be a piece of cake. However, the truth of the matter is that, even the most experienced of forex traders do not know exactly when to enter or exit the market precisely. The best that anyone can hope for is to ride on a positive market trend to capture a greater part of the profitability side and when there is substantial profitability in hand, exit the market before the trend reverses against them.

    It is always advisable to trade with the trend rather than contrary to it. And you certainty require a proper think through trading plan that include the possible entry and exit points before you actually start to trade. In addition, the plan must be flexible enough to accommodate several possible scenarios. Most of the time, your entry and exit points in your trade are based on some kind of indicator, be it a Support or a Resistance level.

    For example, let’s say in the current GBP/USD market, many investors might think that the currency pair has reached its low and will try to bottom fish the currency pair. In this case, you are actually advised not to go long on the currency pair just because you think it is close to its bottom. You should actually wait to see some strength before acting on your trade.

    Wait for the price to break through a resistance level and start trending upwards. And if you decided to go long in this case, set your stop loss slightly below the support level that is not too wide a gap from the market. In this case, if the so called trend in question does not gather enough steam reverse back southward again, you are stopped out for just a small loss.

    Another approach towards dealing with a new trend in the market is to hold back until you see a minor pullback in the uptrend (or an upside in the case of a downtrend). The markets will always experience minor corrections in the opposite direction while trending and never go straight up or down. These minor corrections levels are good entry points for your trades. The main difficulty that you will face here is to decide whether the correction is really a correction and not signaling the end of the trend. The use of Fibonacci levels here is helpful towards identifying the possible retracement levels.

    With regard to the timing for exiting the market when you are incurring a loss, the way to go about this is extremely simple yet effective. Once you have taken up a market position, if your market position is long, place your sell stop just below the market price. In this manner, you will have an approximate idea of how much losses that you are incurring off hand. It is essential that you use stops for all your trade. Never enter a trade with a losing position without any idea where your exit point will be. How tight you want to set your stops is entirely up to your risk tolerance. Conservative traders usually set their stops tight so that they will survive to trade another day. Although you run the risk of getting stopped out early, with tighter stops, you will not need to worry about fighting with the market and stand to incur massive losses.

  159. Good mornin i didnt have much time yesterday so as the signals on GBP/USD werent strong i left well alone and only had 1 trade on EUR/USD i opened a short position just before 9am at 1.2534 and had planned on seting a take profit at 1.2500 while i was out but by 9-30 it had fallen to 1.2503 so i closed the position and was finished for the day with a 31 pip profit.

    This morning the signals i have for entry points have actually already been exceeded so on both EUR/USD and GBP/USD i would advise to wait for slight corrections in the trend (wait for them to drop back down a little)as i expect the upward trend to continue and i will post again advising some afternoon trades.

  160. Good morning guys if you followed yesterdays advice you should have a nice profit even if we had to wait a while for minor corrections to open at advised levels. Personally i opened EUR/USD long position at 1.2563 2-00pm and as it had been very choppy i was happy to close at 1.2590 an hour later for a 27 pip profit.

    GBP/USD opened long at 1.5862 1-50pm and closed at 1.5890 3-00pm for 28 pip profit.

    Today my signals are telling me EUR/USD has broken below support and around a 75% chance it will continue to fall today so im looking for short positions below 1.2570 with targets around 1.2500 but once again a 30 pip profit will be enough for me.

    GBP/USD signals today are mixed and in my opinion will probably continue to rise for a while, we may get an opportunity for a long position around 1.5850 with a target of 1.5880 but i would advise caution today on this pair

  161. Today is basically the same advice as yesterday i expect both pairs to continue towards thier previous highs

    EUR/USD im looking at long positions above 1.2570 with targets of 1.2630 but once again trailing stop will be used and 30 pips will be enough for me today

    GBP/USD looking at long positions above 1.5860 with targets of 1.5900+ with trailing stop and 30 pip profit in mind.

    Good luck to anyone following

    Dean

  162. Good morning i hope somebody read and followed yesterdays advice as they were 2 very easy trades i opened EUR/USD at 1.2567 11-15am set the tp at 1.2600 and when i got back in at 4-30pm it had been triggered for 33 pip profit.
    GBP/USD was a very quick trade i opened at 1.5852 just before 9am and my tp of 1.5890 triggered at 9-15 am for a 38 pip profit, a little bit of luck with my timing maybe but the trade itself was never really in doubt.

  163. Good morning guys and welcome to our “Forex corner” as well as giving you my advice for the days trading i will try and post an article most days outlining various aspects of trading forex. I was going to start with entrance strategies and i am probably jumping a few steps ahead here but the questions asked most frequently by new traders are about stop loss so we will try to cover that today.

    The most important question about setting your stop loss order is how tightly you should set them – how close to the price where you entered the position or for a trailing stop loss order how close to the current price. This is a general decision you should make before you figure out exactly what price will be your stop trigger. How tightly to set a stop loss order depends on several things.

    How much you’re willing to lose on a single trade. The general rule is that you should never risk more than 2 percent of your trading capital on any one trade.

    How risky you believe the trade is. If you think the trade is a sure winner and market conditions are favorable you may give the position more room to move down before triggering a stop loss order. If you think it’s got only a fair chance of working out or if the position has serious potential to drop, set a tight stop loss order or don’t make the trade at all.

    How volatile the position is. If the position routinely moves up and down in a range of 15 percent or more over the course of the day even when it’s not really going anywhere definite you can’t set a tight stop loss order. If you do you’ll be taken out of the position by the position’s normal volatility. If the position is choppy but too risky to trade without a tight stop loss order, maybe you’d better look for a better position to trade.

    How cheap the position is. When a position is inexpensive even the smallest decimal price movement will be fairly large in percentage terms. This means a tight stop loss order may be knocked out more easily. It also means that if your broker has a rule that you can’t set a stop loss order closer than .25 below the current bid you may not be able to set a tight stop loss order until the price moves up.

    How much money you have in the position. You should consider this in conjunction with the rule that you should never lose more than 2 percent of your capital on any one trade. If you have a large amount of money in a position, 2 percent may be much more than you’re willing to lose. If so, you should set your stop loss accordingly. If your account is small and you’re not well diversified a 2 percent stop loss order may be so tight that you may get stopped out immediately. If this is the case you should think seriously about whether you have enough money to trade.

    Market conditions – If the market is trending sharply upwards a tight stop loss order may not be necessary. If you’re trying to go long in a bearish (downward)market a tight stop loss order is absolutely necessary. If the market is choppy – if it has no clear direction or if it’s full of nervousness and fear use a tight stop loss order and ask yourself whether you should be trading at all that day.

    The time frame for the trade – On a quick day trade, a tight stop loss order is a good idea. On a position you expect to hold for a week or two for a trend play a tight stop loss order may or may not be a good idea depending on other factors you’re aware of.

    If you think that the position will move upward even if it swings around a bit first it doesn’t make sense to set a tight stop loss order because you’ll just get stopped out as it swings. If you think it might possibly move up but will definitely drop if it slips below a certain price then a tight stop loss order is a must.
    So which factor is most important? Since no two trades are the same, different factors will dominate on different trades. Think about all of them on every trade. If you don’t, you’ll miss something important.

    If your new to this even if your not (i still use them regularly) a trailing stop can be the safest way to go. You have opened a position which is showing a profit,obviously you can close the position and take your profit but are you sure that is the most you can get out of it? alternatively you can move your stop up or down to break even and you essentially have a free trade,if the market continues in your favour you can move your stop again making sure of the profit, basically you cant lose anything but the gains could be significant.As ive said before every trade is different and some days your profit will be wiped out and you will break even on the trade, but in my experience the trailing stop is an esential tool in your arsenal which should be used by the inexperienced trader both to maximise gains and minimise losses.

    Todays tips

    EUR/USD Seems to be rebounding on its new support around the 1.2500 mark so i will be looking to go long (buy) at positions above 1.2570 with targets of 1.2620 although i will be using a trailing stop and would be quite happy to exit around 1.2600 for a 25-30 pip profit.

    GBP/USD remains bullish (upward) and could make serious inroads towards the previous high of 1.5915 today. i’m looking for long positions above 1.5850 with targets of 1.5890 but once again trailing stop will be used and a 25-30 pip profit would be enough for me to close.