Today's trade - Looking to buy GBP/USD

Jarratt Davis

Special Consultant to the FPA
Messages
1,495
Hey Everyone,

Posted 9th October 2014 – 07:30AM London Time

Originally Updated: 06:41am GMT

Currency Pair: GBP/USD

Sentiment: Short term bullish

Market focus:

In today’s trade set up we will be focussing on short term buying opportunities on the GBP/USD.

Fundamentals:

The USD fell across the board after the FED minutes were more dovish than expected, showing they were not in a huge hurry to raise rates, renewing their pledge to keep interest rates near zero for a considerable time after its asset purchase programme ends. They were also concerned with the recent strength of the dollar as it might slow the gradual increase in inflation.

Technicals:

We have a nice confluence zone at 1.6172-1.6167. This should offer short term support for any pullback.

Stop loss could be placed at 1.6148

First take profit target: 1.6200

Second take profit target: 1.6230

Trade management: After target 1 hit stop loss could be moved to breakeven

London Forex Session Trading Outlook - Jarratt Davis

P.S - If you want to learn more about how I trade, check out this link below

http://www.forexpeacearmy.com/forex...e-trading-course-forex-pro-jarratt-davis.html
 
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Zaatar

Recruit
Messages
7
Dear Jarratt
I really believe that you are a great trader, but today i will tell you what many people here think. I think you should have some vacations. Since sometime now, out of 4 signals you are wrong on three. I even start thinking to take opposite trades.
 

mmudasir

Private
Messages
23
Zattar

jarrat davis signal was good when i joined the forum.after 2 weeks the Most of fundamental short term trades failed by jarrat.he is still claiming he is making profit from longer term trades.but i dont think so.because the gbpusd cost me 20k after reached gbpusd price 1.60000 .he was claiming he was out because he knew Scottish referendum.i think he need to get a break .Jarrat we think you are great trader but please take rest and gve good signal to us.

Regards

Muhammad Mudasir
Dear Jarratt
I really believe that you are a great trader, but today i will tell you what many people here think. I think you should have some vacations. Since sometime now, out of 4 signals you are wrong on three. I even start thinking to take opposite trades.
 

peterg

Recruit
Messages
6
C'mon guys "short term Cable long," we had a huge roll over in Risk. "Context" is important! Still made money on that w4 against w3 62Ret. w5 down on risk-off sentiment paid betterCable.jpg
 
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