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FTS Real Time Signals on GBP/USD

Discussion in 'Market Predictions and Reports' started by Forex Team Support, Mar 15, 2010.

  1. Forex Team Support

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    Under the permission of Forex Team Support,Welcome to the Forex Team Support, i publish here real time, trading alerts only on GBP/USD.

    Full subscribers have the benefit of trading the following pairs: GBP/USD, EUR/USD, USD/JPY, USD/CAD, USD/CHF, GOLD (XAU/USD), Dow Jones (DJI.XDJ), SP 500 (SPX.X.XP), FTSE 100 (UKX.FTS)

    But here, as a representative of FTS, i will keep an update on GBP/USD as often as i can.

    Signals are posted real time you may want to consider this as an additional tool for your trading decisions.

    Also, we encourage trading 2% of the equity and you often get a TP1 and TP2.

    Cheers and Happy Profits
     
  2. Forex Team Support

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    How to Use, What to Expect.

    ok.....
    this is the way it will be posted.

    the money management rule may or may not be repeated after now.... however, we encourage 2%, trading twice, for tp 1 and tp 2. (tp=take profit)

    we observe resistance and support in choosing take profits.

    In this case, we observe short time support and resistance for obvious reasons.

    the default is
    tp1=30 pips or an appropriate support/resistance
    tp1=50 pips or an appropriate support/resistance

    sl by default is 30 pips or an appropriate 10 pips less/greater than a support/ resistance.

    e.g
    March 15
    buy gu @ 1.5165... tp1 = 1.5190, tp2=1.5215 sl = 1.5140
    courtesy of Forex Team Support.
     
    #2 Forex Team Support, Mar 15, 2010
    Last edited: Mar 15, 2010
  3. Forex Team Support

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    GBP/USD Signal - March 16

    March 16
    buy gu @ 1.5082... tp1 = 1.5110, tp2=1.5132 sl = 1.5045
    courtesy of Forex Team Support
     
    #3 Forex Team Support, Mar 15, 2010
    Last edited: Mar 15, 2010
  4. Forex Team Support

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    GBP/USD Signal - March 17

    March 17
    buy gu @ 1.5260... tp1 = 1.5290, tp2=1.5312 sl = 1.5235
    courtesy of Forex Team Support
     
  5. Forex Team Support

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    GBP/USD Signal - March 18

    March 18
    no clear signal yet.
    Please check again 2 - 3 hours.
    cheers

    a bit of explanation... if you would care:
    after the 161.8% fib was reached yesterday and stabilized, it would be normal for us to see a retrace, however, based on the type of wave 2 we have, we could as well say it is going to be a wavy draggy downslide but we would rather let the market speak for itself and wait for a clearer signal.
    So, as a way to say wait and check what market determines, we would wait

    Also, on another thought, it wouldn't be wise trading retracement so please (we are proposing a wave 4 (its 50% accurate), but our double check signal is not clear yet....

    cheers
     
  6. Forex Team Support

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    GBP/USD Signal - March 18

    March 18
    no clear signal still.

    Another look:
    Considering the draggy and sloppy nature of this wave, we are not tempted to look at the miniature signals of the lower time frames as this would led to wrong judgement of the market.

    From this, it is likely except the price of 1.5340 is hit in the next few hours, we do not recommend any entry.

    cheers
    courtesy of Forex Team Support
     
  7. Forex Team Support

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    GBP/USD Signal - March 19

    March 19
    no immediate signal yet.
    However, an entry point is likely to be generated at 1.5240 for a buy order and a sell order at 1.5050.

    Price presently is at a support (1.5180), with a bias for an uptrend.
    However, in case this support is broken downwards, it doesn't mean a downtrend has started, but we can take a cue from it.

    This may not happen in the next 1 - 2 hours
    However, entry points for either a buy or sell may change in the next 2 hours
    Please check again 2 - 3 hours.
    cheers

    courtesy of Forex Team Support
     
  8. Forex Team Support

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    GBP/USD Signal - March 19

    March 19
    no immediate signal yet.
    However, an entry point is likely to be generated at 1.5205 for a buy order and a sell order is not determined yet as we would like to see a sell entry at a likely peak, once this present downside subsides.... we might have missed this train but we are safe.... right?

    Price presently is at 1.5130, with a bias for a downtrend.
    We are waiting for a reversal or "trend local maxima" before it continues in its downtrend, if it will continue that way
    This may not happen in the next 1 - 2 hours
    However, entry points for either a buy or sell may change in the next 2 hours
    Please check again 2 hours.
    cheers

    courtesy of Forex Team Support
     
  9. Forex Team Support

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    GBP/USD Signal - March 19

    March 19
    Price 1.5050 holds true....

    sell gu @ 1.5050... tp1 = 1.5020(reached), tp2=1.4995(reached) sl = 1.5080
    cheers
    courtesy of Forex Team Support
     
  10. Forex Team Support

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    Bearish Outlook Towards GBP/USD

    In addition to the previous comment.
    We can now start observing the bearish outlook towards GBP/USD after the downward bias holds true.

    cheers
    Forex Team Support
     

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