Forex Traders Drill GBP/USD with Bear Entry Banking In Excess of 110 pips
Written by Britt Maras on June 25, 2009 – 1:34 pm -Market Timing Trade Room Hauls in Overnight Profits
When you set a price alert signal on your charts and it rings just before midnight New York, you know you are either going to enjoy your slumber or you are going to put on the pot of coffee. The real problem is you have to go in the office to shut the darn beeper of and of course – the chart is then staring you in the face.
Sometimes forex market conditions goof price patterns in broad daylight when only sane people go to work. Then of course, that leaves the very sane Forex Signal Trader in position to cleanup when nobody else seems to be around. That’s one of the different choices in successful forex trading. It’s sort of like being ‘on-call’ to put in the effort and perform the duty when it’s ripe for the taking.
We had a great forex signal kick-in and made two loops for more than 110 pips and drove the Cable down to the day low upon sunrise in New York. As I mentioned the other day, you strive to effectively manage a bad trade decision but, better yet you are compelled to more effectively manage the good ones.
I’d like to thank all the great members of the program for their dedication and the confidence they place in me. Certainly we always hope for strong net gains and as the old saying goes ‘Rome Was Not Built in a Day”. Stay tuned.
If we have any new readers to my blog please feel free to view my direct interview, it is short or, my live webinar from June 4th; and let us know if you have any questions.
Kind regards.
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Britt Maras – Senior Currency Strategist
Tags: forex market, forex signal, Forex Trader, market timing
Posted in Trading Signals & Strategies |
June 25th, 2009 at 6:24 pm
I banked in 130 pips. Thanks Britt! Its always nice to wake up in the morning to some positive pippage.
jeff