Daily Free Forex Signal 29-08-2008

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Daily Free Forex Signal 29-08-2008
Today’s GBP/USD Forex Signal (29-08-2008) Best time to place this order: 05.00 GMT sell @ 1.8291( Stop/Limit/Market Order) Set Stop Loss @ -30pip Set Profit Target @ 20 pip Daily Pivot: 1.8311 Below are previous trade’s result and the Eur/Usd Signals: Previous Gbp/Usd (28-08-2008) trade and its result: sell @ 1.8354 ( Loss ) Today’s EUR/USD Forex Signal (29-08-2008) Best time to place this […]

Today’s GBP/USD Forex Signal (29-08-2008)
Best time to place this order: 05.00 GMT

sell @ 1.8291( Stop/Limit/Market Order)

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

Daily Pivot: 1.8311

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

Previous Gbp/Usd (28-08-2008) trade and its result:

sell @ 1.8354 ( Loss )

Today’s EUR/USD Forex Signal (29-08-2008)
Best time to place this order: 05.00 GMT

sell  @ 1.4705 ( Stop/Limit/Market Order)

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

Daily Pivot: 1.4725

Previous Eur/Usd (28-08-2008) trade and its result:

sell @ 1.4689 ( Loss)

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: 1.8400
L: 1.8239
C: 1.8293

Eur-Usd
H: 1.4811
L: 1.4671
C: 1.4693

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 29-08-2008

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