Inside the Currency Market: Trade Recommendation #15 GBP/NZD

Trade Recommendation # 15 Sell GBP/NZD at 1.9572 to Target = 1.9517, + 55

Mathematical Stop, My Benchmarks = 1.9555, 1.9553, 1.9524,

Posted trades here are part of an educational experiment to prove math predicts market prices and targets. Trades for me are live as part of this experiment to honor my committment to trades and targets. Please manage your trades and stops based on account levels.

So far, this experiment has yielded 11 closed trades since Oct 25 with + 900 pips. 3 trades are open and ongoing. The goal is 20 trades, 20 wins, each trade is recommended to yield at least 50 pips with an overall target of 1200- 1500 pips. Although this may change upwards as time progresses.

Many supported this educational experiment and all are appreciated. I especially thank Francesc Riverola at Fx Street to allow this experiment to progress to current levels.

7 members like this

Comment by Noel on November 16, 2012 at 2:24am: Brian, i admire all your forecasts but my broker at mom is 15 pips spread in gbpnzd so I've no chance to make much with a 30 pip turn around. Its just not worth it to me, so hopefully you can forecast more liquid pairs for your last few trades. However, I thank you for all you have provided. Well done, you deserve an accolade.

Comment by Deb Roy on November 16, 2012 at 2:31am: Same here Brian. My broker has 12 pip spread difference. It's highly risky to trade this pair, although I'm in. But I would really appreciate if you could give recommendation based on the 'traditional pair'.

Regards

Comment by john richmond on November 16, 2012 at 3:05am: Hi Brian. i understand trade 13,14,15 is by members request.

it would be nice to see eurusd or "major pair" come back in the comming trade. but anyway thanks to your trade.

Comment by Brian Twomey on November 16, 2012 at 3:15am: Hi John I apologize for #15 I didn't consider the spread, maybe we not count it among the 20

Comment by Brian Twomey on November 16, 2012 at 3:21am: Hi Deb Roy, I also apologize to you for not considering the spread. This trade sounds like a scratch trade and not part of the 20

Comment by Brian Twomey on November 16, 2012 at 3:32am: Hi Marco, thank you and to you I as well apologize for not considering the spread. I just never gave it consideration. I agree, back to traditionals

Comment by Noel on November 16, 2012 at 3:49am: Brian, no problem at all. It is your perogative what currency pair you choose to go for. I feel your enemies are trying to push you away from what you have done best in an effort to hopefully make you fail. But hey you will have the last laugh. Keep socking it to them Brian, you are the man.

Comment by Brian Twomey on November 16, 2012 at 4:07am: Hi Marco, Oh set me up for the fall huh? I'm skilled in trading, just as skilled in fundamental analysis and been around doing this for many years so no worries from anybody, none. Always thank you Marco

Comment by ceasar on November 16, 2012 at 5:28am: Hi Brian, must congratulate you on All the trades and would like to thank you for the same. This is a great learning experience...keep it up...:) !!!!!

Comment by Deb Roy on November 16, 2012 at 6:07am: Hi Brian,

One very basic question, though very much subjective. Can this knowledge be applied/acquired by reading your book about your strategies and putting that in practice? Or will it require some 'intuition' ? If this is a methematical method, then I would imagine that allmost everyone will be able to master it. But if this has to be combined with 'Judgement and Intuition' then it makes it difficult and very subjective.

Curious to know that.

Regards