Sell on GBPUSD at 1.5135 based on the test of the bottom of the 1 hour trend line the 1 hour Tunnel and historical resistance. Since there is expected volatility today with NFP, I will likely look to protect the entry fairly quickly. If you do not have the Trade Alert Pro software, go to http://forextradersdaily.com/technicaltrading/rosstradesignals
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Interesting trade. Came out positive pips, although bailed early. My profit target was at 1.5110 but got out in case went against me and being a FRI.
Alert software works pretty well!
Thanks
Great trade call! I closed it already as it is NFP Friday…
Two lots GBP/USD 30 and 31 pips and I ran a GBP/JPY short a little before your call 36 pips.
Awesome call Russ…you nailed it!
This is the first trade which I’ve taken with TradeAlertPro, and it”s a winner. I want to thank you so much for your kindness, letting me to use the software for free.
Thanks for the great signal today Ross. I was a little confused by the revision, but I still did well. Looking forward to the next one.
I got out +30 pips…awesome trade call…very little drawdown, so you nailed the turning point very well. Thanks Russ!
Nice trade, picked up 30 pips on a single lot, will do multiples next time. Alert software works well THANKS!
Alert software is GREAT!!! love the sms feature…so I can move around, and just have my cell phone on me…really gives me freedom from being chained to looking at the charts too much!!
Russ…curious if any plans in the works to teach your trading method??? Thanks much…Sterling
Great trade! Keep up the good work!
Awesome call! And I’m loving the SMS feature. Any way we can see a chart of your indicators to understand the 1 hour trend line the 1 hour Tunnel and historical resistance?
Sterling, thanks for the awesome comments and congrats on your trade results today. About your question “teach your trading method” I am actually doing just that at International Investor Institute http://internationalinvestorinstitute.com . Of course the more that you attend the Daily Trader room I am sure you will get to know my trading method fairly well.
Ross Mullins
Daily Trader
Andy, Thanks for the feedback. I will try and post a chart in a little while. FYI, I run a live trade room where I discuss these indicators everyday. http://forextradersdaily.com/technicaltrading/dailytraderfr
Ross Mullins
Daily Trader
I do not understand your trade. Sell entry 1.5135 and closed 1.5132. How do you get 22 pips?
Alan, if you look at all comments posted on the TAP for the trade you will see that during the trade there was a post to partial 22 pips and move to B E (break even). To see comments for the trade double click on the trade in the TAP window and highlight the comments for a detailed view. As you can see by the posts on this blog by other traders some closed the trade with more pips….some less. The close price you see on the TAP is when the GBPUSD came back and hit the B E stop.
Ross Mullins
Hi Russ!
Forgot to mention in the excitement to thank you for these free alerts. It is TRULY appreciated.
Mayur
Thanks for the greqt trade Ross, 25pips !