Tuesday, February 26, 2008

Forex Signals USD/JPY

Today forex signal:

This will be a good trade for USD/JPY. Price enters a buy area of 106.89 to 107.18.

I recommend to buy at 1.0689 if price does hit it and look for this pair to go up at least to 108.00 this week.

I predict that the price will go up further next week as price break above 108.00 area, preferably 108.45 area. From there, we can capture at least few hundred pips more.

Have a great forex trading day!

Monday, February 25, 2008

Forex Signals 25 Feb 2008

Today forex signals :

Update: Buy GBP/USD at 1.9700, stop loss at 1.9614
Buy EUR/USD at 1.4841, stop loss at 1.4794

Losing trade for both at the below trading: Well, losing is part of forex trading.

GBP/USD: Sell at 1.9663, stop loss at 1.9700 and profit target at 1.9600.

EUR/USD: Sell at 1.4809, stop loss at 1.4840 and profit target at 1.4750.

Have a nice forex trading day!

Friday, February 22, 2008

Forex Signals 22 Feb 2008

Today forex signals :

GBP/USD has found a good support at the bottom in daily chart. Triple bottom and it will be going up for the weeks to come. Today we will be looking for a SELL 1 lot at 1.9696, stop loss at 1.9760 and profit target at 1.9580. The reason why we put sell here is because yesterday we have a strong up and we expect that price will make a retracement. However, if price hit stop loss at 1.9760, you want to buy 2 lots there, stop loss is 1.9580 and profit target is 1.9867.

If price hit 1.9568 first, then set BUY 1 lot there, stop loss at 1.9504 and profit target at 1.9696. If hit stop loss, then sell 2 lots there, stop loss at 1.9568 and profit target at 1.9400.

USD/CHF will start to go down for few weeks. Today we want to BUY 1 lot if price hit 1.0856, stop loss at 1.0810 and profit target at 1.0948. If hit stop loss, Sell 2 lots there, stop loss at 1.0856 and profit target at 1.0734.

If price hit 1.0948 first, then Sell 1 lot, stop loss at 1.0994 and profit target 1.0856. If hit stop loss, Buy 2 lots there, stop loss at 1.0948 and profit target at 1.1070.

Have a nice profit forex trading day!

***I will set up a new website soon.... :)

God bless.

Monday, February 18, 2008

Forex Signal USD/CHF 18 Feb

Today forex signals :

Sell USD/CHF at 1.0934 as at 12:07am EST and stop loss at 1.0960. Profit target at 1.0885.

Have a nice forex trading day!

P/S: Might not have forex signals for few days this week.

God bless.

Friday, February 15, 2008

Forex Signal USD/CHF 15 Feb

Today forex signals :

Sell USD/CHF at 1.0973 as at 3.40am EST. Target profit is 50 to 70pips. Stop loss at 1.0990.

Have a nice forex trading day! Happy forex trading! :)

Thursday, February 14, 2008

Forex Signal EUR/USD 14Feb

Today forex signal :

Price now as at 12:51am EST is testing the daily pivot point which is at 1.4566.

Still go for long for this pair. You might want to put a buy stop at 1.4580 or put the buy now and stop loss at 1.4545. Profit target at 1.4615.

Have a happy forex trading day and Valentine day! :)

God bless.

Monday, February 11, 2008

Forex Signals EUR/USD 12 Feb

Today forex signal:

Buy EUR/USD at 1.4508. Target is 80pips above.

As long as price still in 1.4500 and above I will put buy. Else, will make a sell trade when price below 1.4480.

God bless.

Happy forex trading!

Sunday, February 10, 2008

GBP/USD and EUR/USD Direction

Where will be these 2 pairs heading to?

As of today(10th Feb 2008), I believe the down trend of these 2 pairs are coming to an end. Look for the spike up in this coming week.

GBP/USD and EUR/USD are testing the support area at 1.9400 and 1.4400 level respectively. GBP/USD has just tested the trendline break in daily chart.

We will see when the price itself shows us the direction. Let's wait and see.

Happy forex trading!