So far so good.
It was taken today. Hopefully things will improve further and I am ready for the big trade. After all I am almost at my 2 year mark.
FOREX SIGNAL 01.08.2008
EUR/USD
Trading range: 1.5540 - 1.5630
Trend: Upward
Buy at 1.5551 SL 1.5519 TP 1.5618
USD/JPY
Trading range: 107.85 - 107.05
Trend: Downward
Sell at 107.75 SL 108.07 TP 107.13
GBP/USD
Trading range: 1.9850 - 1.9750
Trend: Downward
Sell at 1.9839 SL 1.9871 TP 1.9761
USD/CHF
Trading range: 1.0505 - 1.0415
Trend: Downward
Sell at 1.0495 SL 1.0527 TP 1.0421
by iForex Daily Forecast
FREE FOREX SIGNAL 18 APRIL 2008
Short USDJPY @ 102.60 better
SL 25 pip from entry
TP 102.20, 101.50, 101.10
Short EURJPY @ 163.10 or better
SL 50 pip
TP 161.70, 161.00, 159,70
Thats it. Remember to get the best possible entry and always use SL
Technical outlook
S&P 500 (JUN) 04/27/2011: The market made a new contract high on the rally. Daily
stochastics have risen into overbought territory which will tend to support
reversal action if it occurs. The close above the 9-day moving average is a positive
short-term indicator for trend. The market has a bullish tilt coming into today's
trade with the close above the 2nd swing resistance. The next upside target is
1356.55. The next area of resistance is around 1349.90 and 1356.55, while 1st
support hits today at 1332.50 and below there at 1321.75.
EURO (JUN) 04/27/2011: The market rallied to a new contract high. Studies are
showing positive momentum but are now in overbought territory, so some caution
is warranted. The market's short-term trend is positive on the close above the
9-day moving average. The outside day up and close above the previous day's high
is a positive signal. The market setup is supportive for early gains with the
close over the 1st swing resistance. The next upside objective is 147.52. The
next area of resistance is around 147.01 and 147.52, while 1st support hits today
at 145.38 and below there at 144.25.
Main idea long in Eur/usd as well in Eur/jpy
Original post blogged on b2evolution.
BACK TO BASIC - THE TALE OF CANDLESTICK
What I am going to tell you today is a different story about candlestick. A different way how to view them and how to use them. It may not be 100% accurate but it is enough to make profit and stay profitable in the long run.
Apart from 3 candlestick pattern which I remember, I see candlestick as a momentum indicator. Would it be nice if you can have 2 strategy from a single indicator? Like me I use 4 indicator and when they combine I have 8 strategy combined into 1. Candlestick, Moving Average, RSI and Stochastic all put on top of gridlines.
A DIFFERENT VIEW
Imagine that the price is an invisible, self propelling arrow. You cannot see it and surely you dont know where its going but when it moves, it leaves trails in the form of candlestick. If the arrow is moving too fast, we will see long candlestick. The arrow itself has momentum once it moved, so it will take time to slow down and turn. In short, a long CS indicates the arrow is moving very fast and will not turn soon but because forex is influences by many things we see the arrow just turn at certain point leaving CS pointing up or down here and there. Those CS that points up or down is a clue to where the arrow is going.
ALL TALK NO ACTION IS BORING
Now lets see some example, refer the last NzdUsd Hourly charts that I posted on Trade of The Day. Look at the drop when NU breaks the red line. Long candlestick pointing down. Meaning it is at full speed and will not stop. At the 1st correction, we can see that the lowest CS is a bull CS but because the bull CS is shorter than the previous CS, it dont have enough force to stop the arrow instead it only slowed it down. Then we can see all the next correction has bear CS pointing down including the last low CS is a bear meaning price will break the last low but it is slowing down. At this point, it is a very good idea to exit for us technical small fish else we may get fried during price swing.
According to NU charts, I forecast that NU will break the last low of 0.7834 and will make it way to 0.7800. This is because turing point usually happens at big numbers as the last turning point happens at 0.8100. My theory on this behaviour is that master traders that have lots of money are so busy counting money, they dont bother looking at price with small number at the back. So they focus on big numbers such as 0.8100, 0.7800 or the least 0.7850. Those 2 digit at the back is what we small fish are eating but they take the 1st 3 digit. How small and insignificant are we??
DAILY FOREX RECOMMENDATION
EUR/USD
Trading range: 1.4905 - 1.4810
Trend: Downward
Sell at 1.4891 SL 1.4923 TP 1.4824
USD/JPY
Trading range: 109.75 - 110.60
Trend: Upward
Buy at 109.86 SL 109.54 TP 110.48
GBP/USD
Trading range: 1.9065 - 1.8965
Trend: Downward
Sell at 1.9054 SL 1.9086 TP 1.8976
USD/CHF
Trading range: 1.0870 - 1.0965
Trend: Upward
Buy at 1.0881 SL 1.0849 TP 1.0955
by iForex Daily Forecast
Financial Forex ? Forex Financial Freedom
E-Currency Exchange: 4 Great Income Streams and Counting
Specifically, I am refering to the e-currency exchange program through DXinOne. DXinOne is by far the leader in facilitating e-currency conversions. The fees charged to account for these transactions is [...]
FOREX SIGNAL 29.07.2008
EUR/USD
Trading range: 1.5715 - 1.5805
Trend: Upward
Buy at 1.5726 SL 1.5694 TP 1.5793
USD/JPY
Trading range: 107.75 - 106.85
Trend: Downward
Sell at 107.61 SL 107.93 TP 106.99
GBP/USD
Trading range: 1.9910 - 2.0015
Trend: Upward
Buy at 1.9923 SL 1.9891 TP 2.0001
USD/CHF
Trading range: 1.0365 - 1.0270
Trend: Downward
Sell at 1.0355 SL 1.0387 TP 1.0281
by iFOREX Daily Forecast
PERFORMANCE JULY 2008
I hope all of you had a good month of trading this month. My system generated a total of 17 signal this month with accuracy of over 90%. Attached is my statement for this month. Feel free to study it.
FOREX SIGNAL 04.08.2008
EUR/USD
Trading range: 1.5555 - 1.5645
Trend: Upward
Buy at 1.5566 SL 1.5534 TP 1.5633
USD/JPY
Trading range: 107.90 - 107.10
Trend: Downward
Sell at 107.79 SL 108.11 TP 107.17
GBP/USD
Trading range: 1.9765 - 1.9665
Trend: Downward
Sell at 1.9754 SL 1.9786 TP 1.9676
USD/CHF
Trading range: 1.0495 - 1.0400
Trend: Downward
Sell at 1.0485 SL 1.0517 TP 1.0411
by iForex Daily Forecast
So far so good.
It was taken today. Hopefully things will improve further and I am ready for the big trade. After all I am almost at my 2 year mark.
DAILY FOREX RECOMMENDATION
Wednesday, 03 September 2008 - 6:00 AM GMT
EUR/USD
Trading range: 1.4480 - 1.4390
Trend: Downward
Sell at 1.4467 SL 1.4499 TP 1.4400
USD/JPY
Trading range: 108.65 - 109.50
Trend: Upward
Buy at 108.75 SL 108.43 TP 109.37
GBP/USD
Trading range: 1.7775 - 1.7675
Trend: Downward
Sell at 1.7765 SL 1.7797 TP 1.7687
USD/CHF
Trading range: 1.1070 - 1.1170
Trend: Upward
Buy at 1.1084 SL 1.1052 TP 1.1158
By iForex
FREE FOREX SIGNAL 2 JULY 2008
Short GU @ 1.9950 or better
Short EU @ 1.5800 or better
Update 3/07/08
Short AU @ 1.9600 or better
Update 9/07/08
GU closed all position
EU TP 1 post
AU TP 1 post
Direction stays but correction is coming. Time to manage your SL
MARKET REVIEW 21 JULY 2008
This week I will be looking to short Jpy pairs with no.1 choice of Gbp/Jpy. GJ is expected to reach last week high again and thats is where entry point begins. As of now I would short GJ @ 213.50 or better. Meaning you dont have to enter at the exact point, just watch the strength and enter when market is turning.
I will post signal later for confirmation. In the mean time go do something else. Its monday, no forex magic happens on monday.
DAILY FOREX RECOMMENDATION
Posted on August 19th, 2008 by Jafar
USD/JPY - 20 pip trail
Buy @ 110.02 SL109.79 TP110.22
Sell @ 109.67 SL109.83 TP109.47
EUR/JPY - 25 pip trail
Buy @ 161.61 SL161.21 TP162.00
Sell @ 161.18 SL161.61 TP160.70
GBP/JPY - 40 pip trail
Buy @205.05 SL204.60 TP205.95
Sell @ 204.42 SL205.05 TP203.65
GBP/CHF - 40 pip trail
Buy @ 2.0487 SL2.0430 TP2.0520
Sell @2.0430 SL2.0480 TP2.0380
by Rebate FX
DAILY FOREX RECOMMENDATION
EUR/USD
Trading range: 1.4905 - 1.4810
Trend: Downward
Sell at 1.4891 SL 1.4923 TP 1.4824
USD/JPY
Trading range: 109.75 - 110.60
Trend: Upward
Buy at 109.86 SL 109.54 TP 110.48
GBP/USD
Trading range: 1.9065 - 1.8965
Trend: Downward
Sell at 1.9054 SL 1.9086 TP 1.8976
USD/CHF
Trading range: 1.0870 - 1.0965
Trend: Upward
Buy at 1.0881 SL 1.0849 TP 1.0955
by iForex Daily Forecast
DAILY FOREX RECOMMENDATION
Posted on August 25th, 2008 by Jafar
USD/JPY - 20 pip trail
Buy @ 110.31 SL110.02 TP110.61
Sell @ 109.80 SL110.12 TP109.37
EUR/JPY - 25 pip trail
Buy @ 162.51 SL162.27 TP162.90
Sell @161.60 SL161.90 TP161.20
Just the two today as the UK bank holiday may make GBP pairs a little risky to take.
by Rebate Fx
FOREX SIGNAL 16.07.2008
EUR/USD
Trading range: 1.5870 - 1.5860
Trend: Upward
Buy at 1.5882 SL 1.5850 TP 1.5949
USD/JPY
Trading range: 104.80 - 103.90
Trend: Downward
Sell at 104.66 SL 104.98 TP 104.04
GBP/USD
Trading range: 1.9995 - 2.0095
Trend: Upward
Buy at 2.0005 SL 1.9973 TP 2.0083
USD/CHF
Trading range: 1.0125 - 1.0030
Trend: Downward
Sell at 1.0114 SL 1.0146 TP 1.0040
by iForex Daily Forecast
FOREX SIGNAL 29.07.2008
EUR/USD
Trading range: 1.5715 - 1.5805
Trend: Upward
Buy at 1.5726 SL 1.5694 TP 1.5793
USD/JPY
Trading range: 107.75 - 106.85
Trend: Downward
Sell at 107.61 SL 107.93 TP 106.99
GBP/USD
Trading range: 1.9910 - 2.0015
Trend: Upward
Buy at 1.9923 SL 1.9891 TP 2.0001
USD/CHF
Trading range: 1.0365 - 1.0270
Trend: Downward
Sell at 1.0355 SL 1.0387 TP 1.0281
by iFOREX Daily Forecast
Eur/usd
We await for signs that will insure the upcoming direction as uncertainty prevails over intraday basis, and thus we remain neutral for the rest of the day.
The trading range for today is among the key support at 1.3970 and the key resistance at 1.4365.
The short term trend is to the upside as far as the daily closing is above 1.2795 remains intact with targets at 1.5135.
Original post blogged on b2evolution.
DAILY FOREX RECOMMENDATION
Posted on August 25th, 2008 by Jafar
USD/JPY - 20 pip trail
Buy @ 110.31 SL110.02 TP110.61
Sell @ 109.80 SL110.12 TP109.37
EUR/JPY - 25 pip trail
Buy @ 162.51 SL162.27 TP162.90
Sell @161.60 SL161.90 TP161.20
Just the two today as the UK bank holiday may make GBP pairs a little risky to take.
by Rebate Fx
Free Forex Signal 21 May 2008
Short AUDUSD @ 0.9574 or better
Short NZDUSD @ 0.7741 or better
Short AUDJPY @ 99.50 or better
For those of you still holding GBPUSD long, you have until tomorrow to take your profit. GU is heading into a slow down and only time will tell the next move.
Commodity Broker: What You Need to Know to Select the Right Broker for You
eur/usd
I sell strongly the eur/usd at 1.4242 and wait , as well for the aud/usd at 0.9991
Original post blogged on b2evolution.
TAKE YOUR PROFIT AND RUN AWAY
I am currently holding UJ only @ 107.90. A long wait before it can profit since UChf is at turning point.
Currency Trading Tips ? A Beginner?s Guide to Currency Trading
FREE FOREX SIGNAL 9 JULY 2008
Short Gbp/Jpy @ 211.75 or better
This may be a short term trading signal.
Previous signal still holding and in profit.
Update 11/07/08
Short Eur/Jpy @ 169.00 or better
All GU, EU and EU post closed. Looking for reentry point.
PERFORMANCE JULY 2008
I hope all of you had a good month of trading this month. My system generated a total of 17 signal this month with accuracy of over 90%. Attached is my statement for this month. Feel free to study it.
Learning Forex Trading For Greater Profits
Slow and Steady she goes
GU has turned up. Unlike EG, GU is full of swing and spikes. Those swing and spikes will kill those who do not ready for it. Trade carefully but trade up hill.
GJ aslo has turned up and like GU it has even nasty swing and spikes. At the moment I fear that GJ will has one more swing down before making its way up again. Trade carefully but trade up hill.
GbpChf also turned up hill. Just follow it but beware of swings and spikes. All Gbp pairs have them.
Hot Stocks To Invest In > Strong Stocks To Buy For 2009 ? Investing Tips
eur/usd
I sell strongly the eur/usd at 1.4242 and wait , as well for the aud/usd at 0.9991
Original post blogged on b2evolution.
Starting Out in Forex Trading
The forex market is open 24 hours a day, five days a week, with currencies being traded worldwide among the [...]
FOREX SIGNAL 31.07.2008
EUR/USD
Trading range: 1.5565 - 1.5655
Trend: Upward
Buy at 1.5575 SL 1.5543 TP 1.5642
USD/JPY
Trading range: 108.10 - 107.30
Trend: Downward
Sell at 108.00 SL 108.32 TP 107.38
GBP/USD
Trading range: 1.9770 - 1.9875
Trend: Upward
Buy at 1.9783 SL 1.9751 TP 1.9861
USD/CHF
Trading range: 1.0490 - 1.0395
Trend: Downward
Sell at 1.0477 SL 1.0509 TP 1.0403
by iForex Daily Forecast
DAILY FOREX RECOMMENDATION
1st September Breakout Signals - Ramadan Mubarak!
Posted on September 1st, 2008 by Jafar
USD/JPY - 20 pip trail
Buy @ 108.65 SL108.40 TP108.97
Sell @ 108.15 SL108.40 TP107.83
GBP/JPY - 40 pip trail
Buy @ 196.83 SL196.33 TP197.62
Sell @ 195.12 SL195.62 TP194.62
GBP/CHF - 40 pip trail
Buy @ 1.9951 SL1.9901 TP2.0017
Sell @1.9851 SL1.9901 TP1.9786
by Rebate Fx
DAILY FOREX RECOMMENDATION
EUR/USD
Trading range: 1.5260 - 1.5165
Trend: Downward
Sell at 1.5246 SL 1.5278 TP 1.5179
USD/JPY
Trading range: 109.45 - 110.30
Trend: Upward
Buy at 109.57 SL 109.25 TP 110.19
GBP/USD
Trading range: 1.9340 - 1.9240
Trend: Downward
Sell at 1.9328 SL 1.9360 TP 1.9250
USD/CHF
Trading range: 1.0665 - 1.0760
Trend: Upward
Buy at 1.0676 SL 1.0644 TP 1.0750
by iForex Daily Forecast
Learning Forex Trading For Greater Profits
How to Become a Stock Trader & Investor, Stock Market 101
Silver
We think may silver could be sold around 37.50 as there should come some pull back.
Stocks are up again and it is better to be bullish right now .
Eur/usd struggling now could reach 1.4230 again ....objective 1.4245 to sell
Original post blogged on b2evolution.