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www.forex-dragon.com
03.10.2009 Read the GBP/USD Forex Signal News. Forex System Explained....Read more.
Written by Dragon   
Saturday, 03 October 2009 13:19

Now we have enough subscribers to start our Forex Signal Service for GBP/USD. We will only trade GBP/USD and we will trade it only on a daily chart. The signals will be send between 10.00 pm and 11.00 p.m. (GMT+1). So for the europeans after work and for all US people in the early afternoon. When there is no signal you will get an update on the daily situation.

We will show you the actual situation and infrom you if there is a signal. When a signal appears you will get the entry point and the stop level. Everytime we move the stop level you get this information too.

One Point is VERY IMPORTANT: We are not responsible when you loose money. Trading Forex is Trading on Leverage. If you have no proper moneymanagement you will loose all your money in this market. Please check this service first on your demo account before you go live.

We trade this system live with our account. When we trade in market direction we risk 3% of our account. When we trade against the market trend we risk only 1.5 %.

In the moment we have no signal. Here a first outlook for next week:



 

You see resistance in the area 1.5800 to 1.5771. The tail of the last candel is very long. We expect a short uptrend next week. This will be against the major downtrend.

 

What do you think about next week?

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Last Updated on Saturday, 03 October 2009 19:14