Forex Trading Signals, GBP Recent Trades

by Joe Oliver, Forex Trading-Pips

Whilst most Forex traders were whipsawed by the intra-day price action in GBP last week, our Forex Trading Signals Program put in decent performance. We not only caught both the high as well as the low in GBP for the week but also some nice moves in between. Below is a historical chart of the British pound showing the actual buy and sell signals we transmitted to our subscribers in real time Monday thru Friday last week (please click chart to enlarge).

GBP Forex Trading Signals Program

GBP Forex Trading Signals Program

Our Trading Signals Program has been designed to thrive during market ‘chop’, as well as catch some nice moves when markets trend: across multiple time frames and multiple markets. Trading multi-market, multi-time frame and multi-strategy allows us to smooth our equity and improve our risk adjusted returns.

Note the two downward spikes in price action in GBP mid week on the chart above: these spikes represent ‘stop runs’ on traders stop orders. Wednesday morning 04:30 AM EST prices spike down stopping out long GBP traders, then eight hours later at 12.30 PM stops are run again. Stop runs are common practice in Forex markets and increasingly so in today’s electronic markets where market noise is on the rise. Our Forex Signals program has been designed so that stop runs have negligible impact on our trading performance.

For more information and to get started on our Trading Signals Program today, sign up for a risk free trial…

 

U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures, Currency and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.