BUY GBPCHF @ 1.7265, MAY 28TH 2009

TRADE ALERT

Currency pair: GBPCHF

TRADE DIRECTION: BUY

TYPE OF TRADE: LONG-TERM

TIMEFRAME: WEEKLY

BUY @: 1.7265

TARGET/EXIT: 1.8265 (+1000pips)

STOPLOSS: - -500pips

CURRENT STATUS: TRADE IS CURRENTLY ON

DATE: THURSDAY, MAY 28 2009

SUMMARY:
This is a breakout trade of an upwards ascending triangle. Bear in mind that this trade is to last for weeks and even months. So, get ready for a long term trade and don’t close your trade until we feel that the signal does not exist anymore. Thus, visit our website regularly for an up to date post on when to exit or close this trade. Don’t panic if you see yourself loosing up to 300points. That will not make us to close any trade but we will close any trade in-which the signal had ceased to exist. When we close the trade, we will post it here to inform our traders of this development and also, when we make any readjustments within a trade in terms of raising our stoploss, we will also post it here. Hence, your job is to visit our site regularly for an up-to date posts about this open currency.

To learn about how we generate and confirm these signals, visit http://philopaul4u.com/forexsignalgenerator.htm