Trade Opportunity

I will list trades that have good posibility of profit outcome. No matter how good the posibility, there is always risk involved. Manage your position and use SL appropriately.

Short UJ @ 102.60 or better
SL 45 pips from point of entry

Short GJ @ 205.00 or better
SL 80 pips from point of entry
Better get the entry right, that is one big SL

EU and GU has gone uptrend but still in ranging mode. Trade according to RSI

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DAILY FOREX RECOMMENDATION

Friday, 08 August 2008 - 6:00 AM GMT
EUR/USD
Trading range: 1.5260 - 1.5165
Trend: Downward
Sell at 1.5246 SL 1.5278 TP 1.5179

USD/JPY
Trading range: 109.45 - 110.30
Trend: Upward
Buy at 109.57 SL 109.25 TP 110.19

GBP/USD
Trading range: 1.9340 - 1.9240
Trend: Downward
Sell at 1.9328 SL 1.9360 TP 1.9250

USD/CHF
Trading range: 1.0665 - 1.0760
Trend: Upward
Buy at 1.0676 SL 1.0644 TP 1.0750

by iForex Daily Forecast

Forex Introducing Broker

DAILY FOREX RECOMMENDATION

Tuesday, 26 August 2008 - 6:00 AM GMT
EUR/USD
Trading range: 1.4730 - 1.4635
Trend: Downward
Sell at 1.4716 SL 1.4748 TP 1.4649

USD/JPY
Trading range: 109.35 - 110.20
Trend: Upward
Buy at 109.48 SL 109.16 TP 110.10

GBP/USD
Trading range: 1.8485 - 1.8380
Trend: Downward
Sell at 1.8471 SL 1.8503 TP 1.8393

USD/CHF
Trading range: 1.0965 - 1.1065
Trend: Upward
Buy at 1.0979 SL 1.0947 TP 1.1053

by iForex

26th August Breakout Signals
Posted on August 26th, 2008 by Jafar

EUR/JPY - 25 pip trail
Buy @ 161.40 SL161.03 TP161.70
Sell @ 160.85 SL161.23 TP160.41

GBP/JPY - 40 pip trail
Buy @ 202.62 SL202.22 TP203.53
Sell @ 201.74 SL202.22 TP201.06

by Rebate FX

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FOREX SIGNAL 16.07.2008

Wednesday, 16 July 2008 - 6:00 AM GMT
EUR/USD
Trading range: 1.5870 - 1.5860
Trend: Upward
Buy at 1.5882 SL 1.5850 TP 1.5949

USD/JPY
Trading range: 104.80 - 103.90
Trend: Downward
Sell at 104.66 SL 104.98 TP 104.04

GBP/USD
Trading range: 1.9995 - 2.0095
Trend: Upward
Buy at 2.0005 SL 1.9973 TP 2.0083

USD/CHF
Trading range: 1.0125 - 1.0030
Trend: Downward
Sell at 1.0114 SL 1.0146 TP 1.0040

by iForex Daily Forecast

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DAILY FOREX RECOMMENDATION

Thursday, 14 August 2008 - 6:00 AM GMT
EUR/USD
Trading range: 1.4935 - 1.4840
Trend: Downward
Sell at 1.4921 SL 1.4953 TP 1.4854

USD/JPY
Trading range: 109.20 - 110.05
Trend: Upward
Buy at 109.33 SL 109.01 TP 109.95

GBP/USD
Trading range: 1.8725 - 1.8625
Trend: Downward
Sell at 1.8715 SL 1.8747 TP 1.8637

USD/CHF
Trading range: 1.0835 - 1.0935
Trend: Upward
Buy at 1.0848 SL 1.0816 TP 1.0922

by iForex Daily Forecast

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Forex Signals ? EUR/USD Bulls Keep Pushing

Signal posted on July 7, 2010, at 6:11 am GMT |

Recap: Slow day yesterday, but it always is after a holiday. I had a single-lot long from 1.2500 yesterday (taken before yesterday?s signal, it never dropped back down for anyone to re-enter) which I closed at 1.2600 for 100 pips profit. Bulls were able to push forward against yesterday pushing the pair up nearly 180 pips from low to high before stalling out around 1.2660.

Daily Outlook: I get a sinking feeling every time I go long in this market as the long-term trend is down, however for my day trading I have to go with the direction of the shorter-term trend and this short-term trend is definitely bullish.


We just closed out a bullish head and shoulders pattern on the daily charts, the pair continues to make higher highs and higher lows and we may have just entered a bullish channel.

Watch out for Eurozone economic numbers on the forex calendar tomorrow.

Trading Idea: The bottom of the bullish channel offers some good risk/reward setups with the support currently between 1.2500-1.2530. From 1.2515 targets would be 1.2540, 1.2570, 1.2600 and 1.2630 for 115 pips profit. A close below 1.2470 on 4h chart negates the trade (this is also where I will look to hide a stop).

Beyond that the most conservative trade would be to wait for a pullback to the 1.2400 support with targets up to 1.2600 for 200 pips (good risk/reward setups off this level).

The most aggressive trade would be a long off of 1.2570 as this is the neckline area of the head and shoulders pattern. A close below this level on the daily charts indicates the neckline breakout was false and the head and shoulders signal was invalid.

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Free Forex Signal 21 May 2008

Today is your entry day. Think nothing else but entry for AudUsd, NzdUsd and AudJpy. Its going to swing wild and may give you a few entry opportunity

Short AUDUSD @ 0.9574 or better

Short NZDUSD @ 0.7741 or better

Short AUDJPY @ 99.50 or better

For those of you still holding GBPUSD long, you have until tomorrow to take your profit. GU is heading into a slow down and only time will tell the next move.

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News

June S&P closed up 13.1 at 1305.2. This was 12.5 up from the low and 1.5 off the
high. June S&P E-Mini finished up 13.25 at 1305.25, 1.5 off the high and 16 up
from the low.

S&P 500 (JUN) 03/25/2011: The market now above the 60-day moving average suggests
the longer-term trend has turned up. Stochastics are at mid-range but trending
higher, which should reinforce a move higher if resistance levels are taken out.
The market now above the 18-day moving average suggests the intermediate-term
trend has turned up. The market setup is supportive for early gains with the close
over the 1st swing resistance. The next upside target is 1319.12. The next area
of resistance is around 1314.05 and 1319.12, while 1st support hits today at
1296.55 and below there at 1284.13.
EURO (JUN) 03/25/2011: Momentum studies are trending lower from high levels which
should accelerate a move lower on a break below the 1st swing support. The market's
short-term trend is positive on the close above the 9-day moving average. The
daily closing price reversal up is a positive indicator that could support higher
prices. The market has a slightly positive tilt with the close over the swing
pivot. The next downside target is now at 139.67. The next area of resistance is
around 142.32 and 143.00, while 1st support hits today at 140.66 and below there
at 139.67.

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