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09.10.2009 We have a Short Signal on GBP/USD!!!..Read More
Written by Dragon   
Friday, 09 October 2009 18:16

Today we see a signal on GBP/USD. We will not take a position. Why???? Because we have weekend now and I do not want to a position during the weekend which I started on Friday. The brave ones can take the trade today. I will wait for the market opening. One point more is important before I give you the trading values. GBP/USD is still ranging in a channel. That means that the odds in our favor for the trade but GBP/USD has still not broken the resistance area between 1,5769 - 1,5769.

By the way: We are not responsible for money which you loose during following our signals. Please make your own decision.

Here are the tarde values: Short 1,5862 and Stop 1,6130. Position size is 1,5 % from our capital.

Nice weekend.

 
08.10.2009 GBP/USD goes up today but...Read more
Written by Dragon   
Thursday, 08 October 2009 16:43

Today there is a strong upmove at GBP/USD. This was against the maintrend. A position for a long trade would be with bigger risk. Traders who want to take the risk can expect an further upmove tomorrow. Risky trade with a risky forecast.  We will not take a position today.

Last Updated on Friday, 16 October 2009 23:32
 
06.10.2009 GBP/USD showed us the up move but than...Read more
Written by Dragon   
Tuesday, 06 October 2009 19:24

Yesterday I was talking from an upmove of GBP/USD. This move we had in the morning. After that GBP/USD was fallen back. There is still no signal and still the sideway movement. The forecast for tomorrow would be that GBP/USD will test the resistance and may be break the resistance for a downmove. We will stay out of the market. Also have a look at the Goldprice in the moment.

Before we can see a signal we need a decision for the direction of the next move. I wish you all a nice evening.

 

 
07.10.2009 Boring!!! Still no movement in GBP/USD...Read More
Written by Dragon   
Wednesday, 07 October 2009 19:23

GBP/USD is still in the sideway movement. No direction, no signal. For the trading in daycharts we are watching the market from the sideline. Gold in USD is on the fly. Gold in EUR has still not reached the last high. Will we soon see the next break in the market? Important for traders is now to protect their most important tool and this is your money.

What is your opinion about GBP/USD? Leave a Comment and let us know.

 
05.10.2009 There is still no decision in the market for GBP/USD but +60 pips ...Read more
Written by Dragon   
Monday, 05 October 2009 17:33

Like we said in the news from 03.20.2009 there was an Upmove today but the power of this move was very fast lost. Till now GBP/USD made no decision for a further direction. Daytraders could only make +60 pips today with a good and precise trading.



We still have no trading Signals. Sideways markets like GBP/USD are dangerous for forecasts but the Resistance zone still holds so that we expect a further Upmove bevor it will go down.

What is your comment about the market tomorrow?

 
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