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Crude Oil @ $85/bl, so War with Iran is inevitable!
Mon, Oct 15 2007, 14:18 GMT
by Anthony Samaha
ForexSurvivor
Always in the market signalling 40 different currencies with spread less than 35pips, 10 Equities, Crude Oil, & Gold.
(15 Oct US) Crude Oil hitting $85 è politically speaking è War With Iran (WWI) is inevitable, and crude oil not only will then approach ForexSurvivor Target @ 106.5/bl but once the war starts a quake price will shake the world where $200/bl as a min to be seen, and won’t be stabilized before $500/bl.
(15 Oct Europe) EURJPY free trade of 55pips
Long 16524; TP 55pips
Rules: Let the price screen a 30mn bar-chart closing below 16500 first, then set the limit order to buy 16524.
ForexSurvivor Signal(s):
1. (24 Sep) Buy Gold when US (Stock Market) session opens; TP@ $800. Commodity bought @ $730.
2. (21 Sep) Bought USDCAD @ par and enjoy 103pips. (24 Sep) Position opened @ par. Hold on! Target first attempt missed by spread cost. (05 Oct US) added a buy (level II) 1.5 lots @ 9760 and TP @ par initially. That’s what happened when a trade is missed by 1 pip.
Yesterday(s) Valid Comments:
1. (08 Oct US) Dollar is supportive & new high in euro is hardly achievable this week. Aggressive traders may: Sell USDCHF @ 11977; TP 11pips
2. (07 Sep) ForexSurvivor S&P Target @ 1600 is on the way after being delayed 47days.
October Closed Positions: 439pips up to this release.
Mission Completed: (o9 Oct) Sell Euro 14166; TP 11pips
Mission Completed and 11pips enjoyed
Mission Completed: (08 Oct) Basket Positions closed @ 06:55GMT with a total of 328pips.
USDJPY è 55pips (entry was taken ahead of NFP trade by 10mn)
EURCHF è 16622 – closed 16654 = 32pips
NZDJPY è 8851 – Closed 8980 = 129pips
DAX è closed with 112pips
Mission Completed: (05 Oct) Reminder of 03 Oct: Being an USDJPY emptor ahead of NFP release by 10mn is a signal that we might consider; we released on the wire at the exact time a buy signal USDJPY @11646 and TP 55pips as stated. Mission Completed.
Mission Completed: (03 Oct) USDJPY trade – 100pips increase since wire was released yesterday and 11650 target achieved.
ForexSurvivor is a dynamic trading concept that uses no stoploss, & instead its formula converts the stoploss onto an adding position of 2 levels, or reverses the trade within a max loss of an average so far within a year of 28 pips.
Anthony Samaha
Trading Engineer
*** The Potential Flows of Trading Information constitute my judgment and are not trading recommendations. ***
Published on Mon, Oct 15 2007, 14:18 GMT
Archive
- Interest Rate Cuts With No Support
Published On Mon, Dec 1 2008, 16:14 GMT - The Outrageousness
Published On Wed, Nov 26 2008, 05:49 GMT - 20pips GBPJPY Mission Accomplished
Published On Tue, Nov 25 2008, 05:01 GMT - Retrace The Stimulus Packages
Published On Tue, Nov 25 2008, 00:42 GMT - The week in few words
Published On Fri, Nov 21 2008, 18:28 GMT
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