Forex Market Directional Bias Outlook Friday 24 October 2014

On Thursday 23 October 2014, three buy pending orders were placed on GBP v USD currency pair. The profit target for GBP v JPY was moved from 17290 to 17390. These decisions to buy and to move profit target were based on a bullish directional bias.

Both GBP v JPY buy entries, 20 micro lots at 17200 and 35 micro lots at 17110 closed at new recommended price target of 17390 with a combined net profit of �782.37. GBP v USD pending limit entries placed at 16000, 15910, and 15810 were not filled.

Open positions today Friday 24 October 2014 stands at 44 entries; equity above �120,000, usable margin �122,000, usable margin percentage 97% and pending orders at 31. Buy active positions are on EUR v USD, AUD v USD, NZD v USD, CAD v CHF, CHF v JPY, NZD v JPY, EUR v JPY, GBP v CHF and AUD v JPY. Sell orders are on AUD v JPY and GBP v AUD.

Look out for Monday 27 October 2014 blog post, the most viable buy or sell currency pair based on our unique trading plan will be showcased if any. Join us and take advantage of our standardized trading process flow coupled with 12 second commute 100% payout program; both platforms will provide you the means to succeed financially with mathematical precision.

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