ForexSurvivor
Always in the market signalling 40 different currencies with spread less than 35pips, 10 Equities, Crude Oil, & Gold.
(10 Feb US) Latest Impact: The Euro to fall the Berlin wall’s date
On the 9th of November, 1989, the Border separating Western from Eastern Germany was effectively opened. Since then the fall of the Berlin Wall is always used as a symbol for the end of the Cold War.
On the same date, EURUSD was printing below parity, and since the cold war concepts are on the making again due to the financial global crisis and mismanagement of the banks, things will overshoot in 2009 towards Berlin’s Wall date before stabilization or healthy recovery runs the overwhelmed sustainable backstage.
EURUSD completed a false break on breaking the trendline between the highs of the end of the year and end of January. The pair closed back below that trendline during Asia session, a dire consideration for ‘false-break’ measurement. Weaknesses on the show and you have just been warned!
Weekly Signal Résumé
10 Feb: Short EURUSD @ 12702; TP 15pips
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. ****
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