New trading opportunities ...

Jarratt Davis

Special Consultant to the FPA
Messages
1,495
Hi Jarret. GBP/USD in recent Uptrend and passed major Resistence at 1.5265 area and 'Retested over last 2 days. Trend still looks 'Bullish' on 1 hr and 4hr Timeframes. Next Resistence at 1.5460 area. I will be looking at this area to look for PA Signal to short!?


Hi Brett,

Right now the bias is short ..... so the best thing to do is watch the news very carefully and figure out what the causes of any rallies are. If they are just one off events like economic numbers or something minor then a short at those levels would be a good idea.

The only reason you would not want to sell into a rally is is it is being caused by something more substantial such as an interest rate increase etc...

Hope this helps!

Thanks
 
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Jarratt Davis

Special Consultant to the FPA
Messages
1,495
GBP/USD profit taken!

Hi everyone,

I exited my position at the 1.5275 area .... It actually dropped into the 1.5250's so hopefully you all managed to get out with a nice profit too :)


I will update with my latest trade ideas next week

Thanks
 
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Kennedy Assante

Recruit
Messages
7
Hi Jarrat, its me again. Thank you again for the GBP/USD. As ive read your Advice this morning ive checked the Pair and saw what you mean. I directly enter short with 4 Positions at 1.5322 sold 2 Pos at 1.5266 and the other 2 right now at 1.5227. Whow!! Just around 320 Pips in 3 Hours. Jarrat if you will be one Day in Germany i invite you for a Beer. Promised!!! ;-)
 

tyakemi

Private, 1st Class
Messages
37
Hi Jarratt
Hey - thanks for taking the time to post your trading suggestions here. I missed out on JPY but got in on the GPB sell-off at 1.5350 and out at 1.5230 - Great Call man so keep up the good work
Cheers
 

Joh

Sergeant Major
Messages
976
Wow thank you Jarrat - took a small position as that is all my account can afford right now -got 100 PIPS - got out quick when target hit - unbelievable - had a good laugh when i woke up to see it is lower still - am so chuffed, 100p! thank you- wishing you a good week end.

p.s missed out on the UY waited for it to go to 95 -
 

quicksilver

Private, 1st Class
Messages
78
Jarratt, agree with you on the cable. Had a perfect trade set up yesterday, made a decent 75 pip net profit. The pair picked up my pending sell order beautifully.

I'll be looking to short this pair again but only after a breach of 1.5193. I expect to see some small movements in the interim. 1.507 is my initial target price.
 
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