Posts Tagged ‘forex mentor’

Apr
06/10

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
29/10

Weekly Forex Outlook

Last Updated on Monday, 29 March 2010 08:15
Written by Derek Frey
Monday, March 29th, 2010

This week is a very busy one. We have both the end of the month and quarter on Wednesday, and then we end the week with NFP. I am looking for many of the moves we saw last week to continue into at least the early part of this one. The overall direction of the Dollar remains fractured. I will be giving a special webinar tomorrow so do not miss it… http://forextradersdaily.com/InnerCircle/rb.html

EUR/USD:
I continue to be a buyer of weakness in this pair this week. We did see this pair gap significantly on Sunday as I discussed in the inner circle webinar on Friday. I hope you all heeded the warning.

GBP/USD:
This pair is also still a buy on breaks. We could see 1.50 hold as resistance early this week.

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

USD/JPY:
Last week I mentioned this pair was a buy below 90 but I must admit it did move even further than I expected. That being said I continue to want to buy dips in this pair as well.

USD/CAD:
Near term I see this pair stuck in it range between roughly 1.03 and 1.01.

AUD/USD:
This pair remains riskier than the others but I am a buyer of major breaks.

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

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: derek frey, forex mentor, Inner Circle | 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 mentor’

EUR/USD:
I continue to be a buyer of weakness in this pair this week. We did see this pair gap significantly on Sunday as I discussed in the inner circle webinar on Friday. I hope you all heeded the warning.

GBP/USD:
This pair is also still a buy on breaks. We could see 1.50 hold as resistance early this week.

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

USD/JPY:
Last week I mentioned this pair was a buy below 90 but I must admit it did move even further than I expected. That being said I continue to want to buy dips in this pair as well.

USD/CAD:
Near term I see this pair stuck in it range between roughly 1.03 and 1.01.

AUD/USD:
This pair remains riskier than the others but I am a buyer of major breaks.

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 mentor’

EUR/USD: I continue to be a buyer of weakness in this pair this week. We did see this pair gap significantly on Sunday as I discussed in the inner circle webinar on Friday. I hope you all heeded the warning.

GBP/USD: This pair is also still a buy on breaks. We could see 1.50 hold as resistance early this week.

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

USD/JPY: Last week I mentioned this pair was a buy below 90 but I must admit it did move even further than I expected. That being said I continue to want to buy dips in this pair as well.

USD/CAD: Near term I see this pair stuck in it range between roughly 1.03 and 1.01.

AUD/USD: This pair remains riskier than the others but I am a buyer of major breaks.

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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EUR/USD:
I continue to be a buyer of weakness in this pair this week. We did see this pair gap significantly on Sunday as I discussed in the inner circle webinar on Friday. I hope you all heeded the warning.

GBP/USD:
This pair is also still a buy on breaks. We could see 1.50 hold as resistance early this week.

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

USD/JPY:
Last week I mentioned this pair was a buy below 90 but I must admit it did move even further than I expected. That being said I continue to want to buy dips in this pair as well.

USD/CAD:
Near term I see this pair stuck in it range between roughly 1.03 and 1.01.

AUD/USD:
This pair remains riskier than the others but I am a buyer of major breaks.

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.