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Daily Forex Signal 16-10-2007

Posted in Free Forex Signals

If you are relatively new to this blog, you might want to read these first:

Below is previous (15-10-2007) trade and it’s result:

GBP/USD
Stop/Limit/Market Order
buy @2.0344

Result:+ 20 pip profit
-

Today’s Forex Signal 16-10-2007
Best time to place this order: 8.00 – 9.00(GMT+3)

GBP/USD
Stop/Limit/Market Order
buy @2.0414

Set Stop Loss @ -30pip
Set Profit Target @ 20 pip

Daily Pivot: 2.0394

To make an adjustment, please read this:

Pivot Calculator

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October 16, 2007

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9 Comments

#

tobico
October 16th, 2007 at 5:10 pm

hi ganess,
i hope u are doing?
Pls can i use pending order to place the order . Lets say 1 hr 30mins before 8am gmt +3.
i wont forget to say thanks for the good work. bravo
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Shawn
October 16th, 2007 at 7:03 pm

My pivot point was off by 26 pips from yours. If it is off by that much, should I pass on the trade?
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modele
October 16th, 2007 at 11:57 pm

pls i dont really understand this gmt pls someone help me iam in nigeria wat will be the equivalent of gmt +3 8-9 am be in nigeria so that i can set the time am waiting thanks
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ganes
October 17th, 2007 at 1:36 am

tobico, you can use pending order technique. However I keep suggest to put any order whether it is pending order or market order starting at 8.00 gmt
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ganes
October 17th, 2007 at 1:39 am

shawn, does it usually happen? I mean does your pivot usually have that large difference with my pivot? If it doesnt, so I suggest you to leave that days trade, assuming there might be an error happening on your broker server
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ganes
October 17th, 2007 at 1:41 am

modele, please try to search “order placing time” using the search form provided at the top right corner of this blog
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Andrew
October 17th, 2007 at 1:22 pm

Hi Gane, the order time of 8:00 -9:00 is am or pm?
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ganes
October 18th, 2007 at 10:27 am

Andrew it’s AM
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akeem
November 12th, 2007 at 11:25 pm

need it badly
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