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Pound Weaknesses on the termination (Sep 21)

200pips up & 200pips down within 2 days narrate the irrational behaviour of sterling and preparation towards a trend. Base apparently is on the built, stops on both sides were triggered, and all indicators show weakness or Over Bought areas. Politically & fundamentally concepts go against all indicators, and preferably a hold signal is allowed for 4 days.

Signal: Aggressive traders may sell GBPUSD Friday US Session closing for 27pips.


Yesterday(s) Valid Comments:

1. (19 Sep) Although dollar unconvincingly weak on board, USDJPY move towards 12000 and then 12800 is not inflated.

2. (19 Sep) Dax laggard among equities; New highs to overcome the old ones at ease and trend continues. ForexWarrior S&P Target @ 1600 is on the way after being delayed 47days.

3. (18 Sep) Strong trend up Formation of Gold Towards $800 is underway and ForexWarrior target @$1020 by the end of the year is of no escape. Such firm bidding supports the base of AUD towards 0.90 by year end.

4. (10 Sep)Crude oil is surmounting towards ForexWarrior target @ $80/bl initially to add towards $105/bl within weeks.


Closed Positions: pips your time formula – unprecedented way of trading.


Mission Completed: Long USDJPY 11525. TP 11630
105pips allocated

Mission Completed: Gold Long 695.20 – Target 25pips met.

Mission Completed: Bund Entry @ 11459 – target 11400 met.
59pips allocated

Mission Completed: Sell GBPUSD (12 Sep) @15:30 GMT; TP 10pips
Sold 20315

Mission Completed: Buy audusd @ 07:20 GMT today (11 Sep) for 10pips.
Bought @ 8261

Mission Completed: buy EURUSD today 10 Sep @ 11:45 GMT, targeting 10pips.
Bought @ 13793

Mission Completed: sell USDJPY today 10 Sep, @ 12:45 GMT, targeting 10pips.
Sold @ 11367

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