1 minute with ForexSurvivor

 

 

(12 Nov Europe) The summit between President Bush & and German Chancellor Angela Merkel on 10 Nov led to the agreement for a diplomatic solution to the Iranian nuclear standoff. Such diplomatical channel will erase the trend of Gold & Crude Oil for breathe during this week. Yet, and most important, crude oil has to register $100/bl to let worldwide media have good earnings report by the end of November.

 

 

(12 Nov Asia) I have warned and I will warn again: adapt your trading strategies as low liquidity and high volatility are in the increased towards year end, and G7 conclusion of 50pips in trading has been understood as 500pips, being a normal trade especially with crosses. We highly recommend staying away from eurnzd & gbpnzd. We adapt the target of eurusd to 33pips instead of 10pips and nzdusd entry to 7700 instead of 7900 (see below). Long GBPJPY @ 21:22GMT today for 35pips is no harm as long as the price is below 23100.

 

 

ForexSurvivor Signal(s):

 

1.    (09 Nov) ForexSurvivor Weekly Newsletter: Long GBPUSD 20930; TP 40pips

2.    (09 Nov) Selling usdchf below 11200 for 30pips is ok today.

3.    (08 Nov) Buy EURUSD in the upper middle part of 14700 (@ 14750) and TP 33pips.

4.    (11 Nov) New Signal: Buy NZDUSD @ 7700 & TP 25pips

 

  1. (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. (22 Oct) Final entry, buy 2 lots (level III) @ 9544.(12 Oct) Close all positions @ 9944 to enjoy 1000pips.

 

 

November Closed Positions: 278pips up to this release.

                                                                       

  1. Mission Completed:            (08 Nov)        NFP Long USDCAD 9350; TP 50pips

  2. Mission Completed:            (05 Nov)        Ftse sold @ 6488; TP 6400

  3. Mission Completed:            (05 Nov)        Dow J sold @ 13505; TP 50pips

  4. Mission Completed:            (06 Nov)        Long Silver 15.00; TP 15.40

  5. Mission Completed:            (30 Oct)       Short EURAUD @ 15620; TP50pips.

 

 

 

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. ***