We successfully bought GBP/USD from 1.5672 and kept this trade for - TopicsExpress



          

We successfully bought GBP/USD from 1.5672 and kept this trade for a few days. On Tesday I recommended moving stops to 1.5646 and keeping profit target at the same level: 1.5735. The target was reached, bringing us another 63 pips of profit. This week was very successful for us. However, let’s not forget that nothing is as deceitful as false illusion that profitable trades are going to last forever. Traders start entering the market with large leverage, and sign their money death sentence, once the market starts behaving erratically and stop losses are being hit. For today I recommend buying EUR/USD and GBP/USD on dips. Buy EUR/USD from 1.2477 with stops at 1.2448 and profit target at 1.2547. Buy GBP/USD from 1.5727. More at forexsignals24/?p=2484
Posted on: Thu, 27 Nov 2014 10:43:34 +0000

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