G/U Prediction/Analysis

Overview of Predictions May 13

Prediction: GU is ranging but more bearish with resistances at 4905/10 and higher at 4955/60 with supports at 4765 and lower at 4700/95…Scalp middle levels and trend top and bottom levels…

Results:

1. Short @ 4905, DD: 12 pips; MP: 150 pips. This was a scalp trade that we made 30 pips on but market really moved in our direction on this one…

2. Long @ 4965, DD: 14 pips; MP: 21 pips. This was a scalp trade that we was stopped out at break even, even though market moved 20+ pips. But it was marginally more so we count it as a BE trade.

3. Long @ 4995, DD: 8 pips; MP: 30 pips. This was a scalp trade that we banked 20 pips on.

Overall Profit/Loss: +50

Pips this Month: +460

 

Overview of Predictions May 14

Prediction: GU bounce on a good support with some reversal candle on M30 at 4554…we resistances at 4640/35 area and higher up at 4690/95 and a good level at 4720/25…and supports at 4555/60 and lower at 4483…Trend top level and scalp all the other levels…

Results:

1. Short @ 4634, DD: 0 pips; MP: 70 pips. This was a scalp trade that hit our 30 pips fairly quickly from resistance (exception 2-4 pips).

2. Long @ 4562, DD: 0 pips; MP: 19 pips. This was a scalp that was stopped at BE because the stop was moved at 15 pips. Note: Entry was our exception (2-4 pips)

Overall Profit/Loss: +30 pips

Pips this Month: +490 pips

 

Overview of Predictions May 17

Prediction: GU is very bearish with D1 break again….our resistances are at 4425 and higher at 4465/70 with supports at 4340 and lower at 4255…Trend top level and scalp the rest…

Results:

1. Short @ 4424, DD: 0 pips; MP: 45 pips. This was a scalp trade that gave 30 pips in 5 minutes…

2. Short @ 4465, DD: 2 pips; MP: 60 pips. This was our trend trade that we moved SL to BE after 40 pips and limit is usually 70-100 pips or to our support level, so we count this trade as a BE trade.

Overall Profit/Loss: +30

Pips this Month: +520

Overview of Predictions May 18

Prediction: GU at a strong resistance but we can se some up if 4490 is broken..we have supports at 4445/50 and lower at 4350 area with resistances at 4555/60 and higher at 4605/10…scalp all levels…

Results:

1. Long @ 4452, DD: 0 pips; MP: 65 pips. This was our scalp as all our levels today. This trade was an exception entry (2-4 pips exception) and moved for a 30 pip profit even though holding would have given more pips.

Overall Profit/Loss: +30

Pips this Month: +550

 

Overview of Predictions May 19

Prediction: GU is at a mixed stage but more bearish than bullish with resistances at 4345/50 and higher and a strong level at 4405/10, supports are at 4250/55 and lower at 4185/90…Scalp long and trend Short.

Results:

1. Short @ 4350, DD: 20 pips; MP: 55 pips. This was our trend trade that moved 50+ pips and came back to stop us out as we put stop at BE after 40 pips.

2. Long @ 4255, DD: 0 pips; MP: 31 pips. This was our scalp trade that we banked 20 pips.

3. Short @ 4402, DD: 0 pips; MP: 80pips. This was a trend trade that we closed late US session for a 40 pip profit (Note: entry was our 2-4 pip exception).

Overall Profit/Loss: +60

Pips this Month: +610

 

Overview of Predictions May 20

Prediction: GU is bearish with signs of some up move…we have resistances at 4463 and 4515/20 also 4420 area and supports at 4285/90 and lower at 4185…Scalp all levels…

Results:

1. Long @ 4285, DD: 2 pips; MP: 19 pips. This was a scalp that moved 19 pips and we got stopped out at zero because stop was moved to BE after 15 pips.

2. Short @ 4420, DD: 5 pips; MP: 30 pips. Trade was closed for 20 pips.

3. Short @ 4460, DD: 0 pips; MP: 45 pips. This was a scalp with an exception entry (2-4 pips) and was closed for 30 pips as a quick move down.

Overall Profit/Loss: +50

Pips this Month: +660

 

Overview of Predictions May 24

Prediction: GU is at a strong resistance at 4495/4505, if broken we will have a long outlook but for now we are still bearish with resistances at 4575 and higher up at 4595… supports are at 4395 and lower at 4330/35…scalp middle levels and trend top and bottom…

Results:

1. Long @ 4395, DD: 15 pips; MP: 0 pips. This was a scalp that the market did not respect for a -15 pips.

Overall Profit/Loss: -15

Pips this Month: +645

 

Overview of Predictions May 25

Prediction: GU is still very bearish with supports at 4300 and lower at 4285 and a strong level at 4240/35…resistances are at 4375 and higher up at 4455…scalp middle levels and trend top and bottom…

Results:

1. Long @ 4300, DD: 15 pips; MP: 5 pips. This was a scalp that took out our stop at -15

2. Long @ 4285, DD: 9 pips; MP: 18 pips. This scalp level did not move to our limit and stopped at BE.

3. Short @ 4375, DD: 8 pips; MP: 18 pips. This was our scalp level that did not give us enough for our limit.

Overall Profit/Loss: -15

Pips this Month: +630

Overview of Predictions May 26

Prediction: We have a bearish outlook on GU with resistances at 4425 and higher up at 4465 with supports at 4315/20 and lower at 4240…Trend top level and scalp the rest…

Results:

1. Short @ 4424, DD: 0 pips; MP: 23 pips. This was a scalp trade which hit our limit….also this level was very much respected by the market later in the trading day…

Overall Profit/Loss: +20

Pips this Month: +650

 

Overview of Predictions May 27

Prediction: GU starting to turn up a bit with resistances at 4520/25 and hgher up at 4570/75…supports are at 4445 area and lower at 4415…Trend long and scalp short….

Results:

1. Short @ 4520, DD: 15 pips; MP: 0 pips. This was a scalp level that got stopped for a 15 pip loss.

2. Short @ 4570, DD: 15 pips; MP: 100+ pips. This was a scalp level even though the market gave us more than our 20 pip limit, we closed for +20.

3. Long @ 4415, DD: 7 pips; MP: 150+ pips. This was our trend trade that we had to close at our top resistance level at 4570 for a 155 pip trade.

Note: One level that was not reached at 4445 by 4 pips did meet our exception as an entry but since our EA did not trigger this trade we did not count this one. Price missed by 4 pips the first time and moved 100+ pips so when price fell the second time we ignore this level and take the next one.

Overall Profit/Loss: +175

Pips this Month: +825

 

Overview of Predictions May 28

Prediction: GU is still bullish with resistances at 4640 and higher up at 4675 with supports at 4525/30 and lower at 4465…Scalp middle levels and trend top and bottom levels….

Results:

1. Long @ 4525, DD: 1 pip; MP: 24 pips. This was a scalp that hit our limit at +20.

2. Long @ 4565, DD: 25 pips; MP: 10 pips. This was our trend trade that we got stopped out for a -25 pip trade.

Overall Profit/Loss: -5

Pips this Month: +820

Overview of Predictions May 31

Prediction: GU is in a minor range with resistances at 4525/30 and higher at 4595/4600..supports at 4375/80 and lower at 4340…Scalp middle levels and trend top and bottom….

Results:

1. Short @ 4525, DD: 6 pips; MP: 19 pips. This was our scalp level that did not give enough to hit our limit and stopped us out at BE.

Overall Profit/Loss: 0 pips

Pips this Month: +820


Dear traders,

I had another great month and made 820 pips in May. During the months of February and March I posted predictions for GBP/USD currency. At this point, I am only posting overview of yesterday’s prediction. My analysis and signals are now a paid service. If you want to sign up or receive more information, please visit my website at forexfocustime.

 

Overview of Predictions June 1
Prediction: GU is still ranging with resistances at 4565 and higher up at 4595…supports at 4440 and lower at 4385…Trend long, scalp short….

Results:

1. Long @ 4440, DD: 2 pips; MP: 275. This was a trend trade that we hold to our top resistance which was a 155 pip trade.

2. Short @ 4595, DD: 15 pips; o pips. This was a scalp trade that was stopped for -15 pips.

Overall Profit/Loss: + 140

Pips this Month: +140
Overview of Predictions June 2

Predictions: GU is bullish but running into some 4h/d1 resistances….we have resistance at 4780 and and 4805…supports are at 4675 and lower at 4630 and key level at 4605…Trend top and bottom and key level, scalp others…

Results:

1. Long @ 4675, DD: 14 pips; MP: 29 pips. This was a scalp trade that hit our tp at 20 pips.

2. Long @ 4630, DD: 0 pips; MP: 60 pips. This was a trend trade that did not hit any of our resistances and we got stopped out at BE…

3. Long @ 4605, DD: 25 pips; MP: 28 pips. This was a trend trade that we got stopped out for -25 pips.

Overall Profit/Loss: -5

Pips this Month: +135

Overview of Predictions June 3

Prediction: GU at some resistance levels on h4…we have resistances at 4740/45 and higher up at 4785/90…supports at 4660/65 and lower at 4590/95, 4605/10 is also a support on h4…Trend bottom and top levels and scalp the rest…

Results:

1. Short @ 4740, DD: 2 pips; MP: 100+ pips. This was a scalp trade that was closed for 20 pips, market moved much more from this level.

2. Long @ 4660, DD: 5 pips; MP: 16 pips. This was a scalp that was stopped at BE as we move SL after 15 pips in plus.

3. Long @ 4590, DD: 4 pips; MP: 50 pips. This was a trend trade that was closed at 2 pm EST for a 40 pip profit.

Overall Profit/Loss: +60

Pips this Month: +195

Overview of Predictions June 4

Prediction: GU looks like its stacking up to go short (400 pips down to double bottom, this is a longer term outlook) so our outlook is bearish with resistances at 4685/90 and higher up at 4720…if price falls below last low at 4685 to 4610, then first support we see is at 4565, then 4530 and good support at 4440…Trend short and scalp long (NFP today so trade with caution around that time as price ignores levels at this time…)

Results:

1. Short @ 4681, DD: 0 pips; MP: 200+ pips. This was a trend trade that we entered with exception (2-4 pips) and we hold to our support at 4440 but we closed at 2 pm EST for 195 pips.

Note: Since we are in a trend trade we ignore supports till the last level. In our notes we were very bearish on GU this Friday…

Overall Profit/Loss: +195

Pips this Month: +390

 

Overview of Predictions June 7

Prediction: GU is bearish in our eyes with resistances at 4465 and 4540…supports at 4410 and lower at 4360…Trend top level and scalp the rest…

Results:

1. Long @ 4410, DD: – 15 pips; MP: 6 pips. This scalp trade got stopped out after going a little bit into profit.

2. Short @ 4465, DD: 1 pip; MP: 16 pips. This was a scalp trade that was closed at BE as price moved enough to move SL.

3. Short @ 4540, DD: 22 pips; MP: 100+ pips. This was our trend trade that that held up our SL and was closed at 2 PM EST for a 70 pip profit.

Overall Profit/Loss: +55

Pips this month: +445

 

Overview of Predictions June 8

Prediction: GU is still bearish to us with supports at 4455 and lower at 4410 with resistances at 4560 and higher up at 4605. Trend top level and scalp the rest…

Results:

1. Long @ 4455, DD: 15 pips; MP: 0 pips. This scalp trade got stopped as negative news came our for GU.

2. Long @ 4410, DD: 15 pips ; MP: 9 pips. This scalp was also affected by a news move and got stopped for -15

Overall Profit/Loss: -30

Pips this Month: +415

Overview of Predictions June 9

Prediction: GU is still bearish with our longer term prediction which we posted last week is still at double bottom around 4230 area…our supports are at 4305 and lower at 4255…resistances at 4480/85(risky), 4505/10 and higher up at 4550/55…Trend top level and scalp the rest…

1. Short @ 4485, DD: 3 pips; MP: 50 pips. This was a scalp trade that we took 20 pips from…

2. Short @ 4505, DD: 5 pips, MP: 2o pips. The scalp trade gave a little more than 20 pips from the level we stated for a 20 pip trade.

3. Short @ 4550, DD: 0 pips; MP: 27 pips. This trend trade got stopped out for -25 pips as it didn’t give us enough green pips to put SL at BE.

Overall Profit/Loss: +15

Pips this Month: +430

 

Overview of Predictions June 10

Prediction: GU had a run up after hitting good support but is up against some h4 resistances…we are slightly bullish with 4605 being a key level, if this is broken then some move long is coming…we have resistances at 4605 and higher up at 4670, with supports at 4545/40 and lower at 4475/80 with a key level at 4450…Trend top and key level, scalp the rest…

Results:

1. Short @ 4605, DD: 14 pips; MP: 40 pips. This was a scalp that missed our SL and hit TP for 20 pips.

2. Short @ 4670, DD: 25 pips; MP: 15 pips. This was a trend level that stopped us out for -25 pips.

Overall Profit/Loss: -5

Pips this Month: +425

Overview of Predictions June 11

Prediction: Our outlook has turned bullish on GU after fibo bounce a few days ago (will post weekly overview on this) we have supports at 4645 and 4605/10 with resistances at 4760/65 and higher up at 4850 which will be a very strong resistances in our opinion. Trend long and scalp short….4850 could also be treated as a trend level…

Results:

1. Short @ 4758, DD: 0 pips; MP: 200+ pips. This was our scalp level that we entered with our exception (price hit 4759 on our charts) and price quickly moved for a 30 pip profit.

2. Long @ 4645, DD: 25 pips; MP: 15 pips. This was our trend trade that stopped us out for a 25 pip loss…

3. Long @ 4605, DD: 25 pips; MP: 0 pips. This trend trade stopped us out as the market was in a big sell-off on Friday…(we noticed h1 candle formation on H1 TF after London open that there would be a major sell-off but we try not to change these levels….

Overall Profit/Loss: -20 pips

Pips this Month: +405

 

Overview of Predictions June 14

Prediction: GU is sightly bullish to us but still some down is possible…we have supports at 4615/20 and lower at 4550/55 with resistances at 4660 and higher up at 4690/95…scalp all levels…

Results:

1. Short @ 4660, DD: 11 pips; MP: 22 pips. This was a scalp trade that gave us our 20 pip target even though it took a while….

2. Short @ 4695, DD: 8 pips; MP: 12 pips. This scalp trade did not give us enough pips to move SL to BE and we got stopped out for -15 pips.

Overall Profit/Loss: +5

Pips this Month: +410

Overview of Predictions June 15

Prediction: GU is still bullish with supports at 4690/95 and lower at 4620/25..with resistances at 4805 and higher up at 4850/55…scalp middle levels and trend top and bottom levels….

Results:

1. Long @ 4690, DD: 9 pips; MP: 100+ pips. This was a scalp trade that market moved from very nicely and was closed for a 25 pip profit even though market gave much more…

2. Short @ 4805, DD: 5 pips; MP: 45 pips. This was also a scalp level that was a positive trade that gave some good pips.

Overall Profit/Loss: +50

Pips this Month: +460

 

Overview of Predictions June 16

Prediction: Some news today that might quickly move the market…Price has slowed down but it is possible we touch a little higher with resistances at 4855 and higher up at 4880…supports at 4770/65 and lower at 4710…Scalp all levels….(careful at GBP news time)

Results:

1. Long @ 4765, DD: 15 pips; MP: 10 pips. This was a scalp trade that was barely stopped out for -15 pips.

2. Short @ 4855, DD: 0 pips; MP: 100+ pips. This was a scalp trade that we stated yesterday that could be a trend trade if u hold this trade, we closed for a 30 pip profit as a max scalp trade take profit.

Overall Profit/Loss: +15

Pips this Month: +475

Overview of Predictions June 17

Prediction: GU is looking bearish with supports at 4605 and lower at 4540…resistances are at 4685 and higher up at 4735… Trend top level…scalp the rest….

Results:

1. Short @ 4685, DD: 15 pips; MP: 0 pips. This was a negative scalp trade for -15.

Note: Our other level came at news time and as this is a level trading style we stayed out of the market considering that the market spiked 40 pips in 1 minute…

Overall Profit/Loss: -15

Pips this Month: +460

 

Wave Analysis Monthly Chart

 

Wave Analysis Weekly Chart

 

Hello Traders,
I stopped posting trades several weeks ago. In the month of June I made 525 pips.
Starting today, I will start to post overviews of my previous day predictions.

Overview of Predictions July 12

Prediction: GU is very bearish with support 4935/40 and lower 4900/4895 with resistances at 5015/20 and higher up at 5055/60..scalp long and trend short…

Results:

1. Short @ 5015, DD: 25 pips; MP: 16 pips. This was a trend trade that hit our SL for -25 pips.

2. Short @ 5060, DD: 24 pips; MP: 65 pips. This was a trend trade that just missed our SL and was closed at 2 pm EST for a 50 pip profit.

Note: If entry at the second trend level was at 5055 then SL had to cover 5060 level by 25 pips with your broker spread taken into account.

Overall Profit/Loss: +25

Pips this Month: +65

 

Overview of Predictions July 13

Prediction: GU is still short with supports at 4935/40 and lower at 4895/4900 with resistances at 5015 and higher up at 5060….trend top level and scalp the rest…

Results:

1. Short @ 5015, DD: 5 pips; MP: 30 pips. This was a scalp trade that gave us 25 pips.

2. Short @ 5060, DD: 25 pips; MP: 6 pips. This trend trade hit our SL for a -25 pip trade as market reversed long.

Overall Profit/Loss: 0

Pips this Month: +65

Overview of Predictions July 14

Prediction: GU is hitting some resistance on D1 with our resistances at 5230/35 and supports at 5180/75 and lower at 5125…scalp all levels…

Results:

1. Short @ 5235, DD: 15 pips; MP: 0 pips. This was a scalp trade that hit our SL for -15 pips.

Overall Profit/Loss: -15

Pips this Month: +50

Overview of Predictions July 15

Prediction: GU slowly climbing north and is bullish to us with supports at 5235/40 and lower at 5210/15 with resistances at 5290 and higher up at 5340…scalp all levels…

Results:

1. Short @ 5290, DD: 15 pips; MP: 14 pips. This trade just missed enough pips to move SL to BE and then we were stopped out for -15 pips.

2. Short @ 5339, DD: 0 pips; MP: 29 pips. This was another scalp trade that we entered with our exception (2 pips on scalp trades) and was closed for a 20 pip profit.

Overall Profit/Loss: +5

Pips this Month: +55

 

Overview of Predictions July 19

Prediction: GU is still bouncing on a fibo like it wants to test 5470 area (ABCD Fibo) also daily candle pattern is a bearish pattern for us…we have support at 5235/40 and lower at 5205 with resistance at 5350 and higher up at 5390/95…trend bottom level and scalp the rest….

Results:

1. Short @ 5350, DD: 1 pip; MP: 90+ pips. This was a scalp level that price just touched and moved from for a 30 pip profit.

2. Long @ 5240, DD: 1 pip; MP: 18 pips. This was another scalp level that went 18 pips from our price into plus and then was stopped out at BE.

3. Long @ 5205, DD: 3 pips; MP: 35 pips. This was our trend trade that was closed at 2 pm EST for a profit of 30 pips.

Overall Profit/Loss: +60

Pips this Month: +115