Daily Free Forex Signals 22-02-2008

Today’s Forex Signals 22-02-2008
Best time to place this order: 05.00 GMT

GBP/USD
Stop/Limit/Market Order
buy @1.9598

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

Below is previous (21-02-2008) trade and it’s result:

GBP/USD
Stop/Limit/Market Order
sell @1.9407

Result: No Trade
-

If you’re relatively new to this blog, you might want to read below articles for better understanding about this free forex signals service :

You can get the forex signals delivered to your e-mail if you subscribe to my RSS by email. By subscribing you will receive an email whenever I post new forex articles.

RSS Feed | Email Feed | Leave a Comment

February 22, 2008

Traders Who Read This Also Read

One Comment

#

ogunmola gbenga
February 27th, 2008 at 6:43 pm

I am a Forex Trader from Nigeria. I have to commend your diligence and the zeal with which you have been working to provide support to many other traders. Please keep up the good work.
Going through the Pivot Point formula provided above, I came across a little mistake which I believe you haven’t noticed.
The formula for the second support should be;

2nd Support Line = S2 = P – (R1 – S1)

You gave yours as R2, but it should be R1 as stated here.
I hope this will be rectified as soon as occasion offers.
Thanks Ganes.
Reply to this comment