Forex Traders may consider this Forex Signal for Price Action

July 8^th 7:15-7:50 p.m. EDT for 1.75 hours duration moderate-to-strong price action

July 9th^th 2:20-2:50 a m. for 2.5 hours duration with strong price action

July 9^th 8:15-9:00 a.m. for 3 hours duration with strong price action

Currently primary pairs, eur/usd, gbp/usd, usd/jpy are out of harmony but this will change soon based on a primary directional move within the U.S. Dollar Index. I will be on call pretty much for the next 48 hours in effort to capitalize on what I believe will be a rather handsome profit potential and I look forward to making a solid Trade Alert.

If you followed my signal today we lost 35 pips trading the GBP/USD as I always run tight stops – usually less which offers me a average profit to loss ratio better than 2.5:1; this loss today compares to more than 170 pips profit booked in the last trading week.

This month I anticipate at least 3 Tsunami’s, one of my specialized Trade Alerts – which I anticipate profits exceeding 400 pips. Time will tell but we will look for the best opportunities the next few weeks.

I may author a Forecast later but right now the chaos is mixed. If you desire more information about my exclusive Market Timing Trade Alert Program - please feel free to access the links below.

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Britt Maras – Senior Currency Strategist

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This entry was posted on Wednesday, July 8th, 2009 at 5:42 pm and is filed under In The News, Trading Signals & Strategies. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.