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35pips EURNZD Mission Accomplished

Fri, Oct 17 2008, 11:32 GMT
by Anthony Samaha

ForexSurvivor


ForexSurvivor

Always in the market signalling 40 different currencies with spread less than 35pips, 10 Equities, Crude Oil, & Gold.

1 minute with ForexSurvivor

 

 

35pips EURNZD Mission Accomplished

 

A.        (17October US) Latest Impact: German Injection

 

            Countries are injecting money to the banking industry and today Germany is following – it is a good indication of what I referred to in my previous week newsletter (10 Oct: headline: GERMANY will be the worst case scenario among European countries when anew crisis erupts). Today’s injection is a proof of the worst visiting the German territory within less than 3 months.

 

My way of the injection analysis is exactly similar to the way we describe in the market: The market will rebound and the rally will prove unsustainable. The injection will let the market rebound but all rallies will prove unsustainable.

 

For the short term, stability of fx is back on the show!

 

 

B.        Signal

GBPJPY: Long 17380; TP 20pips

Limit Order Valid till 17 October

 

 

C.        Mission Accomplished:

(16October Europe) EURNZD: Long 22020; TP 35pips

Position(s) Closed

 

 

D.        The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****

 

 

 

 

 

 

 

 


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Legal disclaimer and risk disclosure

The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. **** Risk: ForexSurvivor issues its ‘1 minute with ForexSurvivor’ program for information purposes only. The information contained is not reviewed in the light of your personal circumstances, should not be construed as an offer to sell or solicitation of an offer to purchase or subscribe for any investment or service. ForexSurvivor Team makes no guarantees, representations or warranties and accepts no responsibility or liability as to its accuracy or completeness.

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