Friday 6/16/2006 4:15 ET
TS #101E Sell GBP/USD re-entry opportunity at about 1.8540 - 1.8550
Stop is 1.8565
Target is 1.8380
Risk is max. 29 pips
Reward is min. 156 pips
Reward : Risk is 5.4 to 1
Stop on last trade signal was a typo, mistakenly typed as 1.8515 which is the entry price. In case one was stopped out or exited the trade to take profits when the price descended to 1.8462 from about 1.8515, then this is a re-entry opportunity.
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Previous trade signals:
TS #101D Sell GBP/USD re-entry opportunity at about 1.8515
Thursday 6/15/2006 9:30 ET
TIC Capital Inflow data was much worse than expected, causing a severe upwards spike in GBP/USD which stopped us out. The correct strategy, as outlined earlier, would have been to bring the stop up to a tight level immediately before the data release, reducing the losses to a very small level.
TS #101D Sell GBP/USD re-entry opportunity at about 1.8515
Stop is 1.8515
Target is is 1.8380
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TS #101C Sell GBP/USD re-entry opportunity and revised target
Wednesday 6/14/2006 22:00 ET
GBP/USD went down to 1.8405, then up to a recent high of 1.8467. One could sell GBP/USD now, at a price of between 1.8450 and 1.8467, and hold to a target of 1.8380. Then we expect GBP/USD to reverse and ascend to about 1.8550 to 1.8600.
New target for short GBP/USD trade is 1.8380.
Stop is 1.8483
Risk is max. 37 pips
Reward is min. 70 pips
Reward : risk ratio is min. 2 : 1
TS #101E Sell GBP/USD re-entry opportunity at about 1.8540 - 1.8550
Stop is 1.8565
Target is 1.8380
Risk is max. 29 pips
Reward is min. 156 pips
Reward : Risk is 5.4 to 1
Stop on last trade signal was a typo, mistakenly typed as 1.8515 which is the entry price. In case one was stopped out or exited the trade to take profits when the price descended to 1.8462 from about 1.8515, then this is a re-entry opportunity.
______________________________________________
Previous trade signals:
TS #101D Sell GBP/USD re-entry opportunity at about 1.8515
Thursday 6/15/2006 9:30 ET
TIC Capital Inflow data was much worse than expected, causing a severe upwards spike in GBP/USD which stopped us out. The correct strategy, as outlined earlier, would have been to bring the stop up to a tight level immediately before the data release, reducing the losses to a very small level.
TS #101D Sell GBP/USD re-entry opportunity at about 1.8515
Stop is 1.8515
Target is is 1.8380
___________________________________
TS #101C Sell GBP/USD re-entry opportunity and revised target
Wednesday 6/14/2006 22:00 ET
GBP/USD went down to 1.8405, then up to a recent high of 1.8467. One could sell GBP/USD now, at a price of between 1.8450 and 1.8467, and hold to a target of 1.8380. Then we expect GBP/USD to reverse and ascend to about 1.8550 to 1.8600.
New target for short GBP/USD trade is 1.8380.
Stop is 1.8483
Risk is max. 37 pips
Reward is min. 70 pips
Reward : risk ratio is min. 2 : 1