EURUSD. Daily chart. Pair has broke support line. Trade recommendations yielded  profits (to put sell stop order on the 1.4083 level). Who took advantage of my recommendations should fix profits. You should to wait while rebound or turnaround signs will appear. Strategy: none.


GBPUSD. Pair is consolidating in the range (1.6149-1.6245) on the daily chart. You can try to put buy stop order on the 1.6245 level, put stop-loss order just below 1.6149 in this case. You can try to put sell stop order on the 1.6149 level, put stop-loss order above 1.6245 in this case. There are many false alarms possible during consolidation. It makes trading difficult. I recommend to use the tactic of re-entry.

Elena Chernaya, Chief Currency Strategist
ELAN Investment Solutions




 

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