24-Hour FX Price Targets

[Dave Floyd]

Originally Posted by thefxhammer

Hey Dave

Interesting calls, I like them and they look really good. I will follow your trades, especailly cable.

Cheers... huh, do they say that in America... oh well lol

thanks, I was just about to come in post that today's target had all been achieved (kinda nice when it happens only a few hours into the day)

Cheers? sure, if you are of English decent (me) we say it quite a bit....plus being a big EPL Football fan, it comes with the territory!

[thefxhammer]

Yeah, I see they have all been achieved. Great job!

I for some reason was also looking at your s/r points and got confussed with your trade signals.

Keep up the good work, Dave.

[Dave Floyd]

Wednesday targets....

[Dave Floyd]

I am posting this weeks performance data a bit early as I will be attending/speaking at the Forex Trading Expo in Vegas this weekend....stop by and say hello.

With that said, the targets posted on Monday and Wednesday worked out well, the total pips gained for the week was 520 (395 were from USD/NOK which has a pip value of roughly $1.50) but good performance regardless.

I may not post here on Monday as I will be getting in from Vegas rather late on Sunday.

Pip count Week of Nov 14th: 520 pips
Cumulative since Oct 10th: 1,027 pips (see 'Long-Term Recommendations' thread for details as well as the postings that account for these cumulative dates)

Dave

[Dave Floyd]

Wednesday's 24-Hour Targets...

[Dave Floyd]

Oddly enough, we only see two possible trade set-ups as it relates to the 24-hour Price Targets today, NZD and CHF. Both of these trades however, go against our modestly bullish outlook for the Dollar Index (DXC).

Both NZD and CHF are based solely on their specific chart patterns and on the USD/CHF we would advise only taking the trade if the 1.3187 level gives way.

[Dave Floyd]

Both of today's targets were achieved - see posting above. A rough gain of about 70 or so pips.

In terms of last weeks performance, we only posted 24-hour targets on Wednesday.

Pip count Week of Nov 21st: 148 pips
Cumulative since Oct 10th: 1,175 pips

[ForexPays]

Very impressive! Why didn't you see a move in the Euro/USD today?

TIA