Cl strategy with analysis

We use our own proprietory critical level (CL) to determine the trend and from there we do an analysis of the market and determine entry and exit points.

Below is our analysis of GBPUSD for today.

After yesterday’s huge fall, Cable just went sideways today, taking a breather after the dramatic bear run. Still sitting on WS2. CR has moved down to 1.50024.

What’s the verdict? As long as CR holds, we remain in sell mode and expect a retest of ST1 and if broken, then ST2. Should we get a move above CR, then RT1 is the next target in sight and RT2. Even if we do get a move up from here, the dominant trend is down as long as R1 holds and sooner or later the downtrend will resume below R1.

Trade recommendation:
Consider placing a sell order @ 1.48515 with stop @ 1.50044. Looking for a retest of S3 and maybe S4. We will send an alert when applicable to take profits. Valid until Wed. evening, March 3 @ 5pmEST.

Trade results visible here.

See money management strategy here.

Refer to Disclaimer here.

Blessings
techno4xteam
http://techno4x.wordpress.com/

Written by Marlene Ferreira

GBPUSD TRADE RECOMMENDATION

Consider deleting sell order and placing a buy order @ 1.51355 with stop @ 1.49558. If Cable can get through RT1, then we could see a test of RT2 and even R1. We will send an alert when applicable to take profits if trade is taken in. Valid until Thurs. evening, March 4 @ 5pmEST. Updated analysis will follow later this evening EST.

Trade results visible at: http://techno4x.wordpress.com/gbpusd...ults-for-2010/

See money management strategy @ http://techno4x.wordpress.com/money-...ment-strategy/

Refer to Disclaimer @ http://techno4x.wordpress.com/disclaimer/

Blessings

techno4xteam

Yesterday I mentioned that if Cable went above CR, then we can expect it to test RT1 and that’s what happened today. CR has now potentially become support if bulls can maintain their stance above CR and if that’s the case and bulls can get through RT1, then we can see RT2 and even R1. However, we have to remember that R1 represents the dominant trend on the daily chart which is down, and therefore anyone of these levels below R1 can turn the market to the downside for a resumption of downtrend again. If Cable falls below CR again, then we can expect a retest of ST1 and lower.

What’s the verdict? As long as CR now potentially support, holds, we are in buy mode expecting a test of RT2. However, we know that we’re trading against the dominant trend and therefore any buy is high risk.

Written by Marlene Ferreira

Trade recommendation is visible here.

Blessings
Techno4xTeam
http://techno4x.wordpress.com/

GBPUSD TRADE UPDATE

Our buy order was taken in but since then Cable has retraced down again. However, she is still above yesterday's CR therefore the aggressive trend is still up.

Stop remains as is @ 1.49558. If Cable can get through RT1, then we could see a test of RT2 and even R1. We will send an alert when applicable to take profits. Valid until Fri. evening, March 5 @ 3pmEST.

Trade results visible at: http://techno4x.wordpress.com/gbpusd-trade-results-for-2010/

See money management strategy @ http://techno4x.wordpress.com/money-management-strategy/

Refer to Disclaimer @ http://techno4x.wordpress.com/disclaimer/

Blessings
techno4xteam

GBPUSD ANALYSIS

CR became CS today @ 1.5005 which is bullish. However, this is just a bullish retracement in a bear market as long as Cable remains below R1 on daily chart. Only above R1 will daily chart become truly bullish but even then weekly chart would still be bearish all the way up to WR2. Retracements are vulnerable because they’re against the dominant trend.

What’s the verdict?

Read full analysis here.

Blessings
Techno4xTeam
http://techno4x.wordpress.com/

GBPUSD WEEKEND ANALYSIS

R1 has moved down to 1.5138/16 and Friday’s candle closed above it which means we have a potential change of trend to the upside on the daily chart. If it can get above WCR and sustain momentum a bullish move will be strengthened. However, as long as R1 and WCR hold, the trend is down and could turn the market at any time. Even if we do get a close above these two levels the trend is still down on the weekly chart all the way up to WR1.

What’s the verdict?

Read full analysis here

Blessings
Techno4xTeam

GBPUSD TRADE RECOMMENDATION

Consider placing a buy order @ 1.51709 with stop @ 1.49896. If Cable can get through WCR, then we could see a test of RT2 and even beyond. We will send an alert when applicable to take profits if trade is taken in. Valid until Monday evening, March 8 @ 5pmEST.


Trade results visible at: http://techno4x.wordpress.com/gbpusd...ults-for-2010/

See money management strategy @ http://techno4x.wordpress.com/money-...ment-strategy/

Refer to Disclaimer @ http://techno4x.wordpress.com/disclaimer/

Blessings

techno4xteam

GBPUSD TRADE UPDATE

Cable failed to sustain a move above WCR and has retraced quite significantly below it. However, as long as CS holds, the immediate bias remains to the upside but we have to remember that the dominant trend is down and therefore any kind of bullish retracement is fragile. With that said, as long as CS holds we will continue to look for a retest of WCR and hopefully beyond therefore stop remains @ 1.49896. We will send an alert when applicable to take profits. Valid until Tues evening, March 9 @ 5pmEST.



Trade results visible at: http://techno4x.wordpress.com/gbpusd...ults-for-2010/

See money management strategy @ http://techno4x.wordpress.com/money-...ment-strategy/

Refer to Disclaimer @ http://techno4x.wordpress.com/disclaimer/

Blessings
techno4xteam

GBPUSD ANALYSIS

Cable was rejected by R1 today and retreated rather sharply to the downside and right now it’s threatening to gain momentum under CS which has moved up to 1.50299. R1 depicts the dominant trend which is down and CS depicts the aggressive trend which is up and right now R1 is threatening to make the dominant trend kick back in again for the next push down. Question is, will CS hold and if it does will our stop survive this move down?

What’s the verdict?

READ FULL ANALYSIS HERE

Blessings
Techno4xTeam
http://techno4x.wordpress.com/

GBPUSD TRADE RECOMMENDATION

Cable's downtrend kicked in again and sent market down closing today with a sell setup and of course kicking our buy out which we warned was a strong possibility. Consider placing a sell order @ 1.49329 with stop @ 1.50745. We will send an alert when applicable to take profits. Valid until Wed evening, March 10 @ 5pmEST.


Trade results visible at: http://techno4x.wordpress.com/gbpusd...ults-for-2010/ (Will update later this evening)

See money management strategy @ http://techno4x.wordpress.com/money-...ment-strategy/

Refer to Disclaimer @ http://techno4x.wordpress.com/disclaimer/
Blessings
techno4xteam

GBPUSD TRADE UPDATE

Cable bears penetrated ST1 but could not sustain the move and market is ending with potential hammer which could be a sign of a bottom forming here. Still need confirmation though. Consider moving stop to 1.50203. We will send an alert when applicable to take profits. Valid until Thurs evening, March 11 @ 5pmEST.

Trade results visible at: http://techno4x.wordpress.com/gbpusd...ults-for-2010/

See money management strategy @ http://techno4x.wordpress.com/money-...ment-strategy/

Refer to Disclaimer @ http://techno4x.wordpress.com/disclaimer/
Blessings
techno4xteam

GBPUSD ANALYSIS

Cable ended today with a hammer on ST1. This could depict a bottom, however, the hammer’s body is red and Cable is below CR which has moved to 1.50183 – both these facts are potentially bearish. Also R1 depicts the dominant trend which is down. In other words, all indicators are pointing down right now. We need a close above CR and R1 before we can talk about a change of trend to the upside.

What’s the verdict?

READ FULL ANALYSIS HERE

Blessings
Techno4xTeam
http://techno4x.wordpress.com/

GBPUSD ANALYSIS AND TRADE ANALYSIS

87.4 PIP LOSS

Yesterday’s hammer did cause a bounce up causing Cable to close above CR giving us a bullish engulfing pattern (refer to yellow highlighted pattern) which is setting the bulls up for a possible retest of R1 zone as long as CR holds and becomes support. Unfortunately today’s turn of events kicked our sell stop giving us a loss of 87.4 pips on our previous sell position.

What’s the verdict?

READ FULL ANALYSIS HERE.

READ TRADE RECOMMENDATION HERE.

Blessings
Techno4xTeam

GBPUSD TOOK PROFITS

86.1 PIP PROFIT

We sent out an alert saying the following: Consider taking profits now as we are on R1 and stand aside until Sunday evening 5pmEST.

Sign up for GBPUSD free email alerts and cell phone alerts (optional at a cost) at: http://techno4x.wordpress.com/free/

Trade results visible at: http://techno4x.wordpress.com/gbpusd...ults-for-2010/

See money management strategy @ http://techno4x.wordpress.com/money-...ment-strategy/

Refer to Disclaimer @ http://techno4x.wordpress.com/disclaimer/

Blessings
techno4xteam

GBPUSD WEEKEND ANALYSIS

Cable bulls made a mighty attempt at challenging R1 and last week’s WCR (which has moved up this week) but couldn’t quite do it, closing below R1 again. However, it did produce quite a robust move up delivering a profit of 86.1 pips. CR has become CS @ 1.50259 which makes the aggressive trend up; however, as long as R1 and WCR holds, the dominant daily and weekly trends are down which means downtrend could resume anytime. Should we get a sustained move above R1/WCR, then we could see RT2/3 and maybe even a test of WR1; if not, then we’ll see a test of CS and further down.

What’s the verdict?

READ FULL ANALYSIS HERE.

Blessings
Techno4xTeam
http://techno4x.wordpress.com/

GBPUSD TRADE RECOMMENDATION

Consider placing a buy order @ 1.52214 with stop @ 1.50232. We will send an alert when applicable to take profits. Valid until Mo. evening, March 15 @ 5pmEST. Possible targets are RT2/3.

Sign up for GBPUSD free email alerts and cell phone alerts (optional at a cost) at: http://techno4x.wordpress.com/free/

Trade results visible at: http://techno4x.wordpress.com/gbpusd...ults-for-2010/

See money management strategy @ http://techno4x.wordpress.com/money-...ment-strategy/

Refer to Disclaimer @ http://techno4x.wordpress.com/disclaimer/

Blessings
techno4xteam

GBPUSD TRADE RECOMMENDATION UPDATE

Consider deleting yesterday's buy order and placing a new buy order @ 1.52116 with stop @ 1.50159. We will send an alert when applicable to take profits. Valid until Tues. evening, March 16 @ 5pmEST. Possible targets are RT2/3 provided Cable can get through R1 (if we get a close below CS tomorrow, then we will change into sell mode again for next leg down).


Sign up for GBPUSD free email alerts and cell phone alerts (optional at a cost) at: http://techno4x.wordpress.com/free/


Trade results visible at: http://techno4x.wordpress.com/gbpusd...ults-for-2010/

See money management strategy @ http://techno4x.wordpress.com/money-...ment-strategy/

Refer to Disclaimer @ http://techno4x.wordpress.com/disclaimer/

Blessings
techno4xteam

TOOK 34.6 PIP PROFIT ON GBPUSD TRADE

Sent out an alert earlier saying:
CONSIDER TAKING PROFITS NOW.

http://techno4x.files.wordpress.com/...jpg?w=495&h=23

Sign up for GBPUSD free email alerts and cell phone alerts (optional at a cost) at: http://techno4x.wordpress.com/free/

Trade results visible at: http://techno4x.wordpress.com/gbpusd...ults-for-2010/

See money management strategy @ http://techno4x.wordpress.com/money-...ment-strategy/

Refer to Disclaimer @ http://techno4x.wordpress.com/disclaimer/

Blessings
techno4xteam

NEW GBPUSD TRADE RECOMMENDATION

This is based on our weekend analysis which has not changed much. The only level that has change is CS and it has moved down to 1.49761. Other levels and targets remain the same.

OUR PORTFOLIO (AUDJPY, EURUSD, GBPUSD) MADE A TOTAL OF 34.6 pip profit FOR THE DAY = 13 pip loss for March so far.

Consider placing a new buy order @ 1.52636 with stop @ 1.49741. We will send an alert when applicable to take profits. Valid until Wed. evening, March 17 @ 5pmEST. Possible targets are RT2/3 provided Cable can sustain mometum above R1/RT1.

Sign up for GBPUSD free email alerts and cell phone alerts (optional at a cost)at: http://techno4x.wordpress.com/free/

Trade results visible at: http://techno4x.wordpress.com/gbpusd...ults-for-2010/

See money management strategy @ http://techno4x.wordpress.com/money-...ment-strategy/

Refer to Disclaimer @ http://techno4x.wordpress.com/disclaimer/

Blessings
techno4xteam

Previous buy delivered a profit of 57.4 pips with Cable reaching RT2.

NEW GBPUSD TRADE RECOMMENDATION

Consider placing a new buy order @ 1.53854 with stop @ 1.52057. We will send an alert when applicable to take profits. Valid until Thurs. evening, March 18 @ 5pmEST. Possible targets are RT3 provided Cable can sustain mometum above RT2.

Sign up for GBPUSD free email alerts and cell phone alerts (optional at a cost) at: http://techno4x.wordpress.com/free/

Trade results visible at: http://techno4x.wordpress.com/gbpusd...ults-for-2010/

See money management strategy @ http://techno4x.wordpress.com/money-...ment-strategy/

Refer to Disclaimer @ http://techno4x.wordpress.com/disclaimer/

Blessings
techno4xteam