If you are relatively new to this blog, you might want to read the free forex signal introduction page before you go any further.
Below is previous (29-10-2008)Trade and it's result
GBP/USD
Stop/Limit/Market Order
buy @ 1.5774 (No Trade)
Today (30-10-2008) Forex Signals
Best time to place this order is at 05.00 GMT.
GBP/USD
Stop/Limit/Market Order
buy @ 1.6270
Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.6230
Previous day's HLC Price and today's Support and Resistance Levels
I use the above HLC data to calculate today’s pivot point using forex pivot point calculator. If you are curious what the HLC data is all about, please read this pivot lines article.
I trade GBP/USD and GBP/JPY based on 4H chart, this make me having so much boring time waiting for an entry or exit signal. So, I decided to write a forex blog. My main forex blog is: http://pipholic.com. This blog you read is used as a backup to anticipate if my own server experiencing temporary downtime. If my own server down, you can still read the daily forex signal here. Well, I'd also post some good forex articles I've found around.
