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July 24, 2008   •   General section

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Being a stay at home parent sometimes leaves you feeling inadequate. It’s not that you don’t want to take care of your kids, but there should be something that you can do during your spare time that can earn some supplemental income to support your family. Read more..

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Today’s GBP/USD Forex Signals (16-07-2008) Best time to place this order: 05.00 GMT sell @ 2.0021 ( Stop/Limit/Market Order) Set Stop Loss @ -30pip Set Profit Target @ 20 pip Daily Pivot: 2.0041 Below are previous trade’s result and the Eur/Usd Signals: Previous Gbp/Usd (15-07-2008) trade and its result: buy @1.9926 ( No Trade ) Today’s EUR/USD Forex Signals (16-07-2008) Best time to place […]

Today’s GBP/USD Forex Signals (16-07-2008)
Best time to place this order: 05.00 GMT

sell @ 2.0021 ( Stop/Limit/Market Order)

Set Stop Loss @ -30pip
Set Profit Target @ 20 pip

Daily Pivot: 2.0041

Below are previous trade’s result and the Eur/Usd Signals:

Previous Gbp/Usd (15-07-2008) trade and its result:

buy @1.9926 ( No Trade )

Today’s EUR/USD Forex Signals (16-07-2008)
Best time to place this order: 05.00 GMT

sell  @ 1.5914  ( Stop/Limit/Market Order)

Set Stop Loss @ -30pip
Set Profit Target @ 20 pip

Daily Pivot: 1.5934

Previous Eur/Usd (15-07-2008) trade and its result:

sell @ 1.5887 ( Profit )

Please note that I don’t use the Eur/Usd signals for live trade. It is here for performance tracking purpose.

Previous Day’s HLC (High Low Close) Data

Gbp-Usd
H: 2.0156
L: 1.9931
C: 2.0037

Eur-Usd
H: 1.6037
L: 1.5866
C: 1.5898

I use the above HLC data to calculate today’s pivot point using forex pivot point calculator. If you curious what the HLC data is all about, please read this pivot lines article.

If you’re relatively new to this blog, please firstly read this free forex signals introduction page before you go any further.

If you would like to know the trading system used to generate this signal, please read the both trading the gbp/usd and pipholic gbp/usd daily pivot trading.

You can get the free forex signal delivered to your e-mail if you subscribe to my RSS by email. By subscribing you will receive an email whenever I post new forex articles.

Daily Free Forex Signal 16-07-2008

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