•  
  • New York 11:24
  • London 15:24
  • Barcelona 16:24
  • Tokyo 00:24
  • Sydney 02:24
  • SignUp | Login

Spot Forex Trades

The year of the "L shape!"

Wed, Feb 25 2009, 23:01 GMT
by Anthony Samaha

ForexSurvivor  |  View company's profile


ForexSurvivor

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

0

0

1 minute with ForexSurvivor

 

 

 

(26 Feb Asia) Latest Impact: The year of the “L shape!”

 

            The ‘L’ shape confession of Fed Reserve B. Bernanke yesterday concludes that further economic meltdown would be on the radar, as L signifies a down spike with no bottom yet. He postponed the ‘V’ shape vision for year 2010 as one Senator insisted on knowing whether the US economy is shaped L or V.

 

The tumble of the pound today is not mysterious and further attacks on its fragile floors would be screened till next week. New Signal: Sell GBPUSD @ 14000; TP 15pips         

 

 

Weekly Signal Résumé

 

20 Feb:  New Signal: Long EURUSD @ 12720; TP 15pips (Target met late evening 20Feb)

 

13 Feb: New Signal: Long GBPAUD @22000; TP 55pips (target met 15 Feb)

 

10 Feb: Short EURUSD @ 12702; TP 15pips (target met 15 Feb)

 

Long GBPSGD @ 21890; TP 55pips: Feb 05 Mission Accomplished.

 

(Position working of 30 Jan: Buying AUDNZD @ 12600; TP 13200 is an ok trade as long as 12255 is not seen again.)… (Feb 03: Move stop to 12400); Feb 05: Move stop to Entry Level. Feb 09 – position stopped breakeve although 120pips were given.

 

 

GBPJPY closed breakeve (although 220pips have been made) as the rally did not last

 

15pips GBPUSD Mission Accomplished; Reminder: Short 15000 (Revise ForexSurvivor Weekly Weekend Newsletter 09 Jan 2009).

 

2 Positions GBPAUD closed this week (05-09 Jan) with 15pips each. No open position left.

 

 

 

Risk Certification

 

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.

 

 

 

 

 

 


Archive


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.
Vote:

0

0

Related reports

USD higher, Greek debt worries, India hikes rates by Easy Forex
Fri, Mar 19 2010, 18:04 GMT

Stock Traders focusing on Quadruple Witching by ForexHound.com
Fri, Mar 19 2010, 14:36 GMT

Discount rate discussions keeping floor under bonds by Interactive Brokers LLC
Fri, Mar 19 2010, 14:29 GMT

GoldCore Update: Sterling Gold Near Record Highs as Election Looms and Economic Outlook Uncertain by GoldCore
Fri, Mar 19 2010, 14:28 GMT

U.S. Dollar strengthens Overnight; Risk Aversion Highlighted by ForexHound.com
Fri, Mar 19 2010, 14:26 GMT

gbpusd

[ View All ]

Related content

Forex: Cable fell sharply on Friday
FXstreet.com | Fri, Mar 19 2010, 19:19 GMT

Forex: GBP/USD breaks below 1.5100, approaching 1.5000
FXstreet.com | Fri, Mar 19 2010, 15:16 GMT

Forex: GBP/USD falls to test 1.5100
FXstreet.com | Fri, Mar 19 2010, 14:05 GMT

Forex: GBP/USD attempting recovery from 1.5125 low
FXstreet.com | Fri, Mar 19 2010, 11:55 GMT

Forex: GBP/USD extends below 1.5200, hits 1.5130 session low
FXstreet.com | Fri, Mar 19 2010, 08:56 GMT

gbpusd

[ View All ]

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2010 "FXstreet.com. The Forex Market" All Rights Reserved.