Posts Tagged ‘derek frey’

Jan
04/11
Derek Frey’s Weekly Forex Outlook
Last Updated on Tuesday, 4 January 2011 04:49
Written by Derek Frey
Tuesday, January 4th, 2011

Derek
Happy NEW YEAR!  I have to start off by saying how excited I am about 2011.  The first day of the year was 1/1/11 which I find to be very fitting for new beginnings.  I know I have personally committed myself to making not only this next year an incredible one, but the next decade and beyond!

I will continue to post my outlook for the Forex Majors each week here at Forextradersdaily.com.  I sincerely appreciate feedback and or questions about any of my posts so please do not be shy.

The first week of the New Year is starting out a bit slowly which is to be expected.  It will be Wednesday before we see the markets back to “normal” levels of liquidity.  Look for the markets to begin to start to (more…)

Tags: , ,   |  Posted under Forex Market Updates  |  Comments  2 Comments
Apr
27/10
Weekly FOREX Outlook
Last Updated on Tuesday, 27 April 2010 12:27
Written by Derek Frey
Tuesday, April 27th, 2010

I would like to invite all readers to join my new inner circle group on facebook: Inner Circle on Facebook .
This week we have a rather light report schedule. That should leave the market wanting. We still do not have clear resolution in Greece so that wild card remains very much still in play. Overall we are still sellers of strength in equities and buying weakness in the Euro.
EUR/USD:
I continue to be a buyer of weakness in this pair. This week I am looking at buys near the 1.32 handle.
GBP/USD:
I continue to look for strength in this pair to sell into. As we see resolution of the PIGIS we are expect the BOE to shoulder much of the “blame”…
USD/CHF:
I am once again selling this pair north of 1.08 this week.
USD/JPY:
This pair is grinding lower. I am trading both sides of this market at this time as we continue to see a rather large two sided range.
USD/CAD:
We have seen this market test and dance with parity for a number of days now. We are looking to sell this pair north of 1.01 and looking to continue to buy breaks below parity.
AUD/USD:
This pair is beginning to realize some of the risk I have been warning about these last few weeks. That being the case we will begin to look for weakness to begin buying into in the days and weeks ahead.
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Click here to join Derek’s Inner Circle and have his trade calls delivered to your computer or text message your phone in real time! These signals produced over 5,400 pips of profit for subscribers in 2009!
Click here to learn more about the next harmonic mentoring class >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Apr
21/10
Weekly FOREX Outlook
Last Updated on Wednesday, 21 April 2010 02:16
Written by Derek Frey
Wednesday, April 21st, 2010

I would like to invite all readers to join my new inner circle group on facebook: Inner Circle on Facebook .
The market as a whole continues to be more and more concerned with short term forecasts. We have seen even retail investors reduce their overall time horizon. Whether that be from need or a shift in perspective is debatable but either way we continue to see a market that is hyper focused on each micro report and or event, at least in the moment. Then only to be quickly pushed aside as soon as the next “data point” comes out. This does not bode well for the longer term health of the market as it tends to lead to everyone running for the exits at the same time.
EUR/USD:
I continue to be a buyer of weakness in this pair. This week I am looking at buys below the 1.34 handle.
GBP/USD:
I am looking for a spike to and through the 1.56 level…once we see that I will begin to scale into shorts.
USD/CHF:
I am once again selling this pair north of 1.07.
USD/JPY:
This pair is a sell north of 93.00 this week. I am looking for a move back towards 91.00 by end of the month.
USD/CAD:
I am a cautious buyer of dips near the .99 level.
AUD/USD:
I continue to see risk outweighing reward in this pair and will continue to stand aside until that changes.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Click here to join Derek’s Inner Circle and have his trade calls delivered to your computer or text message your phone in real time! These signals produced over 5,400 pips of profit for subscribers in 2009!
Click here to learn more about the next harmonic mentoring class

Tags: ,   |  Posted under Forex Market Updates  |  Comments  4 Comments

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