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“Closed Eur and GBP for 137 pips combined. That makes
it 279 pips since yesterday’s live session, and 413 for the
month for me. Needless to say – I’m finished for May

See you live tomorrow.”

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These alerts were also sent out to members in a simple format with attachments of chart set ups…

“Trying small LONG Euro, at 2184, stop under the lows.

Target roughly 100 pips or the “black line” if it goes

mad.”

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www.forex-science.com

Yesterday I entered a long position on the GBPUSD after getting a trading entry signal of the bullish engulfing candle coinciding with the other G7 indicators. I set my stop loss to 10 pips below the opening price of the bullish engulfing candle. As I was going to be at my desk, I let the trade run rather than set an automatic take profit. As the trade got up to the 38.2% Fibonacci level I started to meet some resistance and after a couple hours it hadn’t managed to break through that resistance level so I took my profit (just over 130 pips). A few hours later, the price retraced quite a bit.

A couple of hours ago today, there was another candlestick pattern that I thought would be useful to trade off. This is the trade I am currently in. The trade has been running for two hours now and I’m up about 40 pips. I’ve set a take profit level on the 38.2% fibonacci level, and that’s about 70 pips away from my current position. So far things are looking good; I’ll post again tomorrow to let you know how it worked out!

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