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The trade is banked with minimum 40 pips profit at 1.3567 and I may choose to enter again if we get the ‘loop d’loop retrace. Please note that earlier at 3:pm our PMTP forecast offered 40 pips immediately on the euro and pound. The timer is quite accurate. Additionally — my comments regarding low-compression bearish…
I issued a sell signal on this Pair that just got triggered. According to my description for the trade to be most effective — the 3569/83 burst is in motion but not yet firm. I am short from 1.3624 and those that entered as listed at 1.3607/11 should now be setting a zero stop and…
Will sell 1% margin or less at 1.3607/11 for target 1.3549/11 or better and will place stop at zero if 1.3569/83 is busted down (or sooner once started) and or kill for profit if 3569-79 cannot be busted clean. Stop is tight at 1.36299 or better based on price action. This is a moderate-to- high risk intra-session…
Our program has a slot at 3pm today. I do not have a trade to announce at this moment but we do have a low-to- moderate movement time listed. The GBP has some low-compression bearish divergence flashing but low-comp is high risk for that currency. The eur/usd leaves me seeing a slight bearish tone BUT I…
If you followed my forecast issued before 6pm last night you must be quite pleased. If you did not, please read the previous blog post and review the eur/usd charts to observe the precision by which our forecast performed. It’s not always easy to be so accurate and I can assure you there may be events when my forecast is…
FOREX News & ViewsBy: Derek Frey January 05 , 2009 Quick Links Register Now Related Topics About the Author General Market Comments: 2009 is here! Welcome 2009! 2008 is now behind us all and we are looking forward to 2009. 2008 taught the world some important lessons. One of those lessons was risk…