Nice trading week

Hi, I view a Bullish week. While there would be some retracement possibly because of last weeks moves upwards. I perceive some retracement on G/U and E/U towards Pivot levels or S1 I.E 1.5873 and 1.3203 RESPECTIVELY. I look forward to reaching 1.60 to 1.61 levels this week.

G/U CLOSED

TREND G/U AND E/U DOWN..

WHILE I AM OF THE VIEW THAT TECHNICAL AND FUNDAMENTAL BOTH SUPPORT A MORE DOWNWARDS, I WOULD PLACE TRAILING ORDER'S IN ALL TRANSACTION.

G/U- SHORT 1.5880 T.P 1.5772 MAX 1.5641.....

WHILE I AM OF THE VIEW THAT IN THE LONG TERM 1.5650 IS A MAJOR SUPPORT AREA, I WOULD ADVISE TRAILING STOP ON PROFIT MADE...

G//U TREND

Today is thursday and there's still about 300pips to the upside. I am glad to say the technically we are right, fundamentals would change temporarily in due course. Target of 1.6107 would be my take profit (T.P) region, i would begin to monitor changes from there only........ Trading fx requires strong will, i encourage you not to doubt any entry as every entry is a potential profit. Good money management is also required that way you don't get doubt's because of swings in the process of our trend...... Feel free to discuss issues with me as my essense and yours is to make profit.

G//U TREND

hhhhmmmmm!!!!!! I shouldn't have done this... I didn't post early monday that was due to the fact that a lot of study has been going on to make trading more effective (money making). I am sure we would have lots of ready entry henceforth with long term entry's for weekly profit entry and exit.

While most traders and expert's are looking as shorting this week, i really do not share that view from monday up till now, i am of the view that technical does not support yet the fundamentals of the weakness yet of the pound as speculated. While i would be looking at the fundamentals i really take more look at the technical to support the technical that way you and I would get better trends and profit taking.

TREND G/U
Long 1.5900 S.L 1.5820 T.P 1.6107

THIS IS ACTUALLY MY SECOUND ENTRY FOR THE WEEK AS I HAD TAKEN ENTRY AT 1.5790.

FOREX SIGNAL

WEEKLY TREND (DOWN).

I dont see much changes to come as the austerity measure's in U.K still hold's.

LOOKING DOWN G/U HOLD'S A SUPPORT @1.5520 FOLLOWED BY 1.5480. THESE ARE MINOR SUPPORT AREA. MAJOR SUPPORT COULD BE SEEN AROUND 1.5350.....

SIGNAL

SHORT G/U

1.5552 S.L 1.5600 T.P 1.5439

E/U

NEUTRAL FOR NOW, BUT POTENTIAL SHORT ENTRIES BUILDING.

TREND (DOWN)

This is about U.S Open and we see a serious move up from our purported support zone. Glad i booked some, nevertheless some more to come.

Short taken @ 1.5507 would be encouraging. This would be our swing for the move downwards.

Second Entry: 1.5507 T.P 1.5350

TREND (DOWN)

Today is Tuesday. I have 2 positions for short:

G/U SHORT 1.5540 T.P 1.5350

1.5500 T.P 1.5350 S.L 1.5567

At both entries we have an initial support (1.5470) to break, this held during the summer and also within this period.

Place proper entries