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Category Archives: Forex Market Updates

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EUR/USD Forecast/Trade Update yields up to 130 pips profit

Forex Market UpdatesBy britt marasMay 29, 2009

If you followed our forecast map and took advantage of the 1hour close above 3983 and subsequent tap back to 3977 targeting the upper resistances — I suggest closing final positions. I took advantage of low margin trade up to 4050’s coinciding with our timing alerts but my top resistance below 4100 has been satisfied and…

Weekly Forex Market Outlook

Forex Market UpdatesBy frozenMay 28, 2009

What’s ahead this week in the Forex Market?

eur/usd short again from 3947

Forex Market UpdatesBy britt marasMay 28, 2009

using a tight stop at 3961  for profit T1 at 1.3873, T2 at 1.3790. Need bust of 3907 or bank some profit and move stop to plus 1

T1 adjusted to 3885-3910:Bank some profit

Forex Market UpdatesBy britt marasMay 28, 2009

Can bank some or all profits at or below 3910 to 3885 level. Stop moved to plus 1 at 3946

EDIT>> 37 pips banked at 3910

Selling eur/usd at 1.3947

Forex Market UpdatesBy britt marasMay 28, 2009

stop will be 3977, T1 is 1.3877, T2 is 1.3855 to 3839 and T3 is 1.3759. Britt

3:45 pm GMT eur/usd at 1.3959

Reducing risk, will tighten stop NOW to 1.38819

Forex Market UpdatesBy britt marasMay 28, 2009

Will risk 16 pips ONLY before this news event

selling 1.3861

Forex Market Updates, Trading Signals & StrategiesBy britt marasMay 27, 2009

Going to sell 1.3865/57-54 with a stop at 1.3904 targeting 1.3729 to 1.3675. More later

Stop for profit NOW on bust of t1 to T2: locking in additional 110 pips

Forex Market UpdatesBy britt marasMay 27, 2009

21:10 GMT  EUR/USD 1.3841. Placing Stop for profit from 3967 entry placing now at 1.3847 with a 13 pip trailer and placing limit at T2 1.3807. T2 is still open at the 3800’s BUT I am cooked and going to retire for the evening and will settle for the trailer or the limit. Have a…

Stop squeezed down. Net 87 pips/lot on the day

Forex Market UpdatesBy britt marasMay 27, 2009

Had to squeeze in and accept 3913 from 3965. The rel0op was hadnsome based on the map and based on our timing alert again offered the another precise entry, but seems we have a stall here and I am going to sit pat for now — a wee bit tired.Will keep map in mind —…

short from 3970 — need 44 bust, see mid-targets below

Forex Market UpdatesBy britt marasMay 26, 2009

This first timing alert and short entry: Intermediate profit targets at 3941-46 and 3917. Iwant to see speed and a bust, will bank some profits as normal at first or second intermediate level. My entry is 39709 so will place zero stop and play game and follow map again if and when needed. Will not…

short closed plus+1

Forex Market UpdatesBy britt marasMay 22, 2009

chop chop. so be it.

tightening eur/usd stop on sell position

Forex Market UpdatesBy britt marasMay 22, 2009

going to move my stop down to 1.39859, risking 17 pips.

T1 is 1.3893, T2 is 1.3843 and T3 is 1.3754.

Upon clearing 1.3917 downward, will move stop to plus or better around 1.39679 level. Then if we hit 3900 will move stop 1.3949.  more later. Britt

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