Posts Tagged ‘market movement’

Feb
23/09
EUR/USD Forex PMTP
Last Updated on Monday, 23 February 2009 08:45
Written by britt maras
Monday, February 23rd, 2009

I issue two Market Movement Timing Alerts for Tuesday Feb 24:

12:10am ET for 2.5 hours medium productivity

9:40am ET for 3.25 hours strong productivity.

The PMTP system is the Primary Movement Timing Program which identifies the probable time in which the market is most likely to experience the most efficient and productive price action relative to the technical structure of the market.

The time frame listed is so you the trader can attend to the market instead of other periods in which trading may be less productive and potentially less profitable. The PMTP System identifies the period which the market will likely experience effective and liquid price performance.

Best regards

Britt Maras

Nov
21/08
Bank Flow Update Nov. 21
Last Updated on Friday, 21 November 2008 10:12
Written by admin
Friday, November 21st, 2008

Market Movement

Yesterday we posted two buy levels on the GBP/USD and EUR/USD. The EUR missed the mark by 10 pips or so. However, the GBP had a solid spike into the 1.4725 buy level. We have now seen a push all the way into the 1.5050’s for a total move of about 325 pips. There was some hesitation at the 1.4875 area and may have cause many traders to jump out. Yet even an exit at this level would have profited 150 pips.

This trade was a good solid entry for the week and shows how a little patience and waiting for the right opportunity is the safest move in this environment.

Intraday Safety

As we cautioned last week, this is Friday and over the past several weekends we have seen large gaps develop at the open on Sunday evening. You may want to use caution on any entries today and treat any trades made as intraday for safety over the weekend.

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