Posts Tagged ‘forex inner circle’

Apr
13/10

Last Updated on Tuesday, 13 April 2010 06:56
Written by Derek Frey
Tuesday, April 13th, 2010

I would like to invite all readers to join my new inner circle group on facebook: Inner Circle on Facebook .

This week we are looking at a fairly light schedule of data points. The market continues to be hyper focused on the PIGIS. We saw large gaps on Sunday as news of a “deal” spread. The ink on that deal is still drying and we will see if this time they can actually get something done or if it is just more posturing…

EUR/USD:
This pair has “tipped its hand” by reacting violently to the upside on the prospect of some kind of deal for Greece. As I have said here many times Greece WILL NOT sink into the Aegean anytime soon. All that being said I am a cautious buyer of major weakness this week. I am also a buyer of weakness in the EURGBP.

GBP/USD:
I am beginning to shift my bias on this pair to the short side. I will be looking for major rallies this week to sell into.

USD/CHF:
If you sold this pair above 1.07 last week I would lock in and begin covering some. I am still looking for additional strength to sell into again especially if we see Sunday’s gap filled.

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:
We have now seen Parity breached. That being said we still remain cautious in the days ahead. If we see a major breakdown below Parity I will begin to step in as a buyer.

AUD/USD:
This pair presents more risk than reward at this time and therefore I will trade elsewhere.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

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 >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

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Apr
06/10

Forex Weekly Outlook

Last Updated on Tuesday, 6 April 2010 12:17
Written by Derek Frey
Tuesday, April 6th, 2010

I would like to invite all readers to join my new inner circle group on facebook: Inner Circle on Facebook .
Also there are a few spots left for the mentoring class that starts tonight click here for more info: http://forextradersdaily.com/InnerCircle/mentor/
Last week we saw a number of two sided moves across the majors. This week we expect more of the same. The situation in Greece remains very fluid and until more details are known, volatility will remain.
EUR/USD:
I am looking for weakness in this pair early in the week that we can buy into. I am looking for the Euro to hold support near the 1.33 handle.

GBP/USD:
This pair has followed through nicely since I recommended buying it in last weeks issue. This week I am looking for a major break to buy into again but the risks are now reaching levels where they will begin to outweigh rewards…

USD/CHF:
I remain comfortable selling this pair on major rallies above 1.07.

USD/JPY:
This pair is a sell north of 94.00 this week. I am looking for a move back towards 91.00 by end of month.

USD/CAD:
We have now seen Parity breached. That being said we still remain cautious in the days ahead. If we see a major breakdown below parity I will begin to step in as a buyer.

AUD/USD:
The RBA raised rates yet again…”Buy the rumor, sell the fact”.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
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: Add new tag, derek frey, forex inner circle, forex mentor | Posted under Forex Market Updates |

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Mar
08/10

Weekly Forex Outlook

Last Updated on Monday, 8 March 2010 04:33
Written by Derek Frey
Monday, March 8th, 2010

The markets have been stressed by the PIGIS (Portugal, Ireland, Greece, Italy, & Spain) for the last few weeks. Right now it is suffering from exahaustion of this story. But unfortunately just being tired of it won’t make it go away. This problem is far from sorted and we have still much more unknown than known. I am looking for the Dollar to stab higher still this week.

EUR/USD:
This pair is still very vulnerable and I still favor the short side of this pair early this week.

GBP/USD:
This pair has broken hard since my last post. I am still looking for this pair to test levels below 1.50. This pair has become the whipping boy for Greece’s troubles and that is not expected to change anytime soon.

USD/CHF:
The Swissy remains a relative sea of calm during these times. We are looking for rallies this week into the 1.08 level to begin selling into.

USD/JPY:
This pair is edging towards the upper side of its range and we are therefore looking to become sellers of major rallies later this week.

USD/CAD:
Parity is still acting like a magnet holding the market near it and even sucking the market towards it at times. Until parity is truly tested I prefer the sidelines. That being said I am looking for Major weakness to buy.

AUD/USD:

This pair is a sell above 91 this week. We are looking for some of the froth in commodities as a whole to begin to come out of the market over the coming weeks.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Click here to learn more about the next harmonic mentoring class >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Tags: derek frey, forex inner circle, forex mentor | Posted under Forex Market Updates |

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Posts Tagged ‘forex inner circle’

GBP/USD:
I am beginning to shift my bias on this pair to the short side. I will be looking for major rallies this week to sell into.

USD/CHF:
If you sold this pair above 1.07 last week I would lock in and begin covering some. I am still looking for additional strength to sell into again especially if we see Sunday’s gap filled.

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:
We have now seen Parity breached. That being said we still remain cautious in the days ahead. If we see a major breakdown below Parity I will begin to step in as a buyer.

AUD/USD:
This pair presents more risk than reward at this time and therefore I will trade elsewhere.

EUR/USD:
This pair is still very vulnerable and I still favor the short side of this pair early this week.

GBP/USD:
This pair has broken hard since my last post. I am still looking for this pair to test levels below 1.50. This pair has become the whipping boy for Greece’s troubles and that is not expected to change anytime soon.

USD/CHF:
The Swissy remains a relative sea of calm during these times. We are looking for rallies this week into the 1.08 level to begin selling into.

USD/CAD:
Parity is still acting like a magnet holding the market near it and even sucking the market towards it at times. Until parity is truly tested I prefer the sidelines. That being said I am looking for Major weakness to buy.

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Posts Tagged ‘forex inner circle’

GBP/USD: I am beginning to shift my bias on this pair to the short side. I will be looking for major rallies this week to sell into.

USD/CHF: If you sold this pair above 1.07 last week I would lock in and begin covering some. I am still looking for additional strength to sell into again especially if we see Sunday’s gap filled.

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: We have now seen Parity breached. That being said we still remain cautious in the days ahead. If we see a major breakdown below Parity I will begin to step in as a buyer.

AUD/USD: This pair presents more risk than reward at this time and therefore I will trade elsewhere.

EUR/USD: This pair is still very vulnerable and I still favor the short side of this pair early this week.

GBP/USD: This pair has broken hard since my last post. I am still looking for this pair to test levels below 1.50. This pair has become the whipping boy for Greece’s troubles and that is not expected to change anytime soon.

USD/CHF: The Swissy remains a relative sea of calm during these times. We are looking for rallies this week into the 1.08 level to begin selling into.

USD/CAD: Parity is still acting like a magnet holding the market near it and even sucking the market towards it at times. Until parity is truly tested I prefer the sidelines. That being said I am looking for Major weakness to buy.

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GBP/USD:
I am beginning to shift my bias on this pair to the short side. I will be looking for major rallies this week to sell into.

USD/CHF:
If you sold this pair above 1.07 last week I would lock in and begin covering some. I am still looking for additional strength to sell into again especially if we see Sunday’s gap filled.

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:
We have now seen Parity breached. That being said we still remain cautious in the days ahead. If we see a major breakdown below Parity I will begin to step in as a buyer.

AUD/USD:
This pair presents more risk than reward at this time and therefore I will trade elsewhere.

EUR/USD:
This pair is still very vulnerable and I still favor the short side of this pair early this week.

GBP/USD:
This pair has broken hard since my last post. I am still looking for this pair to test levels below 1.50. This pair has become the whipping boy for Greece’s troubles and that is not expected to change anytime soon.

USD/CHF:
The Swissy remains a relative sea of calm during these times. We are looking for rallies this week into the 1.08 level to begin selling into.

USD/CAD:
Parity is still acting like a magnet holding the market near it and even sucking the market towards it at times. Until parity is truly tested I prefer the sidelines. That being said I am looking for Major weakness to buy.