Forex traders may consider this forex signal
New York 2:45 p.m. EDT
I am targeting 3050, then 2940, then 2880′s to 2760 level. My stop for now is 3189. If stop hit, then will consider reload based on technical forecast below according to the guidlines and levels stated. See forecast and road map with specific levels and instructions for this technical setup.
Britt Maras — Senior Currency Strategist
1 CommentForex Traders may consider my market movement alert for today April 8th:
6:20 a.m. – 6:40 a.m. EDT for 3.5 hours for moderate to strong price action
Forex Market Movement Alert: This Alert gives traders advance notice as to when the FX Market price structure can be expected to provide sufficient liquidity to maximize profits. Typically there are five to seven alerts per week, and may be issued with 2-4 hours of advance notice. This Alert has proven to be very accurate, effective and consistent.
Britt Maras — Senior Currency Strategist
No CommentsI issue a Primary Movement Timing Program alert for:
MondayMarch 9th 5:50am-6:10am for 3 hours duration and strong productivity.
This program attempts to identify the most probable time to experience more effective and profitable trading patterns and the price action within a true technical study. Our PMTP profile exhibits extremely accurate and productive results.Please review my archive since January and you will find a large volume of precise Alerts that can be correlated to any eur/usd chart.
Within a immediate trend move the PMTP Alert will signify a slight directional pause and then a continuation of the most immediate trend. Conversely, in a ranging market, the PMTP Alert will signify a range reversal when meeting resistance or support within that immediate range.
Should a PMTP Alert be initiated when the price action is settling at the outer extremes of a recent strong trading range — then indeed — the Alert possibly can signify a break of the recent range trading zone.
However I do acknowledge recent range conditions are becoming stagnant so consider possibilities for a range break and the continuation of the overall trend. Technical breakouts that do not pertain to the overall trend are typically immature and short lived; do not misinterpret a range break and the actual continuation of the overall trend versus a reversal within a strong range.
Britt Maras
Senior Currency Strategist
7 Comments
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