new gbp/usd demo tesing system

[moe]

i will reveal a new system i just build today, you guys might remember the system i build in my other thread, me and a few other member went live with that system, now the thing about this system base on back testing is that we will have a few large draw downs so this is not one of those systems where you load up on your trades you must use good MM when it comes to this system, like always i will post my account statement as i make the trades, this system is not yet confirm to being a winning system so don't take any of the trades i post.

 

[moe]

we are in a buying mood, what that mean is that by 5pm tommorow we could be down by 200+ pips and at that time i will buy again and again on wensday if signal stays the same. see statement below.

 

[moe]

closed all trades, i just found a flaw with the system, so im working on making the system stronger, will take a few days for me to make the adjustments, to be continue.

 

[moe]

GBPUSD Analysis.

GBPUSD is testing 1.5066 previous high resistance, a break above this level will signal further rally to 1.5300-1.5400 area. Initial support is at the rising trend line on 4-hour chart, as long as the trend line support holds, we’d expect the uptrend from 1.4397 to continue.

 

[moe]

buy now, s/l 1.4865, t/p 1.5224