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Author Topic: FREE FOREX TRADING SIGNAL  (Read 2051 times)

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Offline paulyjah

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Re: FREE FOREX TRADING SIGNAL
« Reply #15 on: August 10, 2010, 01:36:19 AM »
                                              9th-13th AUG 2010 Weekly Trading Updates
Last week, we saw a worse than expected data on the US NFP and this brought a strong risk aversion, EUR/USD hits its 5 months High @ 1.3330 area,The bias remains to the upside targeting 1.3350/80 area b4 aiming 1.3400 area. On the downside,any price movement below 1.3220/00 area will extend weakness towards 1.3150/20 area before resuming its bullish scenario towards the current high @ 1.3333, a consistent movement of price  above this area will target 1.3380/3400 area.

Trade Safe n follow the Trends,
Sound money management remains the only HOLY GRAIL
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Offline paulyjah

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Re: FREE FOREX TRADING SIGNAL
« Reply #16 on: August 12, 2010, 06:17:00 PM »
                          Mid week Trading updates

The EUR/USD as i said earlier broke the support @ 1.3220 area and extend weakness towards  1.2800/2780 area due to the FOMC announcement on the mid week. The bias is neutral for now, any movement below 1.2750/30 area will be a serious treat to the bullish correction outlook. on the upside, any movement above 1.3000 area will keep the bullish mode intact  retesting the upper bullish trend channel.
Due plan your trades well n apply a good money management.
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Offline ecozie

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Re: FREE FOREX TRADING SIGNAL
« Reply #17 on: October 03, 2010, 07:29:11 PM »
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Offline paulyjah

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Re: FREE FOREX TRADING SIGNAL
« Reply #18 on: October 09, 2010, 06:40:32 PM »
The EUR/USD has hit the psychological area of 1.4000, the bias is neutral for now, i think the best thing to do now is to shift focus to GBP/USD . GBP/USD immediate resistance now lies at 1.6000-50 area, a breach of this area will extend rallies towards 1.63-6500 area on the longer time, where a fairlure to do so will keep the pair in consolidation mode.

Trade safe n remember to apply a good money management.
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Offline paulyjah

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Re: FREE FOREX TRADING SIGNAL
« Reply #19 on: November 01, 2010, 12:30:54 PM »
             Welcome to Nov trading updates


The EUR/USD remains under consolidation with a neutral bias and ranging characteristics. so far the bullish scenario has not yet violated,any daily close below 1.3800-1.3750 should weigh on the bullish mode. on the upside,for the bullish scenario to remains intact we need a consistent price movement above 1.4080-1.4150 area to the maintain the current bullish mode. Then on the fundamenal side any better than expeced report from US most especially the FOMC report and the NFP data will push the currency pair down towards 1.3700-1.3600 area. Always trade the reality not the opinion.keep following the trend with a sound money management thats the only way to succeed in this business.
Trade safe.
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Offline paulyjah

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Re: FREE FOREX TRADING SIGNAL
« Reply #20 on: December 05, 2010, 03:10:40 PM »
     6-10th Dec 2010 Trading updates !

EUR/USD had a significant bullish correction last week due to worst than expected NFP and increase in unemployment rate and ends the week around 1.3415,immediate resistance now is at 1.3445-70 area,provided it holds,the medium term bearish should remains intact testing 1.3260-00 b4 1.2950-00 area (100% projection of the drop from 1.4280). On the upside, any daily close above 1.3670-3750 is needed to confirm that a bottom is in place.
Trade safe & remember to apply a sound M/M.
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Offline paulyjah

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Re: FREE FOREX TRADING SIGNAL
« Reply #21 on: January 24, 2011, 01:57:49 PM »
                                                        Welcome to 2011 Trading Updates.....

Last year towards the year ending, we noted a range bound market due to the year ending. So far the EUR has broke out of the the range and top at 1.36**, the bias remains to the upside for now testing 1.3680-1.3750 area. Clear break above this area will extend rallies towards 1.38-4000 barrier region.On the other side of it,the EUR zone deficit crisis is not yet over, so expect to see another strong crash in the market before the end of Q1.
Trade safe n remember to apply a sound money management.
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Offline paulyjah

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Re: FREE FOREX TRADING SIGNAL
« Reply #22 on: January 30, 2011, 03:32:24 AM »
The single currency is under correction now.
see you guys soon.
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Offline paulyjah

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Re: FREE FOREX TRADING SIGNAL
« Reply #23 on: February 06, 2011, 01:10:11 AM »
The awaited NFP has come n gone, so we're going to settle down for the next coming trading season, visit back by next for the weekly trading updates. See you then.
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Offline paulyjah

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Re: FREE FOREX TRADING SIGNAL
« Reply #24 on: February 22, 2011, 05:57:38 PM »
 Welcome to the last Trading week of FEB...
EUR/USD support now lies at 1.3545-35 area, a breach of this area will test 1.3475-60 area. over all we are in bullish mode with a buy on dip strategy. provided 1.3460 -20 holds the bullish scenario remains intact targeting 1.3860-80 before 1.4*** area. also note that we have a strong support around 1.3780-3800 area so its good to be careful whenever price reaches the area.
Trade safe n remember your M/M.
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