1 minute with ForexSurvivor

 

 

 

(13 Feb US) Latest Impact: The New FX Rollercoaster

 

            The market mood is impatient as US government intervened to have the rescue package approved, and volatility should settle down, that is being said. SAY WHAT?

 

Have you forgotten that all rescue packages have not improved any debatable story yet, and the more days are being traded, the higher the number of banks approaches the level of insolvency?

 

On the other hand, what is wrong with those legislators and policymakers and what is wrong with those executive bonuses? Are they shifting the world’s eye collapse dollar conspiracy strategy of Mr. Bush towards few extra bonuses? All those bonuses do not represent 1% of the real damage done, and they should focus on ‘Who planned the crisis’ and not who is receiving those bonuses because those bonuses had being received for many years, something not new for Wall Street.

 

 

ForexSurvivor Weekly Weekend Newsletter – Released! BOE holds Fed’s arm in a happy-valence kissing Interest Rate goodbye. Happy Valentino! US Fundamental Data Slightly Green Note, A $ Support For Now; Interesting Chart: Gold; $5M Statement: account leveled to slightly plus.

 

New Signal: Long GBPAUD @22000; TP 55pips

 

           

 

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. ****

 

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.