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Guest Trade Ideas

Rob Booker

THIS IS A SAMPLE TRADING IDEA

EUR/GBP | Daily Chart - January 12th, 2006

 

We planned this last night.  Really clean bounce off the top dotted line…this was a great setup.  The trade would still be open, and it would be important to have a stop at break even.  This pair is notorious for moving slow.

 

 

 

GBP/JPY | 4 Hour Chart - January 12th, 2006

 

I like the idea of a long trade on a close above the red line below.  I think the pair can get all the way back up to the support line of the previous channel, or at least to the bright green trend line that runs through the middle of a bunch of candles.

 

 

The MACD is even looking ready to turn upward as well.

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