More signals from CityPips

Posted on 12. Mar, 2009 by Jakob in Uncategorized

Alright guys. Shortly after I wrote yesterdays review of the signals from CityPips, we got some new ones. The first signal was to short NZD/USD

Sell NZD/USD at Market @0.5066
S/L = 0.5096
T1 = 0.5046
T2 = 0.5000

I got in at exactly 0.5066, with two positions as usual. About 30 minutes later, the pair went down and hit our first target, and CityPips sent the sent the second email

T1 hit NZD/USD +20 Pips
Close 1/2 Position
Move S/L to Break Even

So I did as suggested, and closed my first trade and moved S/L to break even on the second trade. Shortly after, the pair went back up and hit our stop loss. The next signal was on the GBP/USD

Sell GBP/USD at Market 1.3789
S/L @ 1.3915
T1 @ 1.3750
T2 @ 1.3700

The exact same thing happened. I got in at 1.3789 with my two positions. The first one hit the profit target and the second email came

Close Half GBP/USD +45 Pips
Move S/L to B/E

I followed the directions, and the pair went back up and hit out S/L. Right after this signal was issued, we got a cancellation mail, on the pending order, which had been issued a few hours earlier. The USD/JPY trade which, still was open when I wrote the update yesterday, went down and hit our stop loss, for a total of – 100 pips. Today I have recived two signals so far. The first one is a pending order on GBP/USD, and is yet to be triggered. The second trade was sent to me a few minutes ago

Buy USD/JPY at Market 96.55
S/L @ 96.15
T1 @ 96.85
T2 @ 97.40

I got in at 96.55 with two positions, and just about 5 minutes ago, the pair was trading at 97.40. It only took a total of 10 minutes before we hit the first and second target, which resulted in a total of +85 pips.
Here is a short summery of the trades, so far.

Monday: Long USD/CHF: + 20 pips
Tuesday: Long USD/JPY: – 100 pips
Wednesday: Short GBP/USD: Cancelled
—-Short EUR/USD: – 44 pips
—-Short NZD/USD: + 20 pips
—-Short GBP/USD: + 45 pips
Thursday: Short GBP/USD: Pending
Long USD/JPY: + 85 pips

Total: + 26 pips

So far it looks good. Although the results aren’t breathtaking, I find the service from CityPips to be better than I expected. There is still the rest of today, and the entire day tomorrow left, before this trial is over. I will keep you guys updated. I will write the final update on saturday.

Related posts:

1. The last day with signals from CityPips
2. First trade from CityPips
3. Free trial from CityPips
4. Forex Signals on Twitter
5. Second & Third trade from CityPips

Tags: CityPips, forex signal