ForexSurvivor
Always in the market signalling 40 different currencies with spread less than 35pips, 10 Equities, Crude Oil, & Gold.(02 Mar US) Latest Impact: 15pips GBPUSD Mission Accomplished
The market is abandoning the ‘technical’ indicators again, and be careful as fundamental data is much stronger these days than any overbought (OS) level. There is a great possibility that a reversal signal based on your technical indicator won’t be associated with the ‘strong’ performance of the data.
Is it a one way ticket this week? (Uptrend or downtrend) After triggering the 15pips of GBPUSD one should be better use no parachute to follow through and set a stand aside mode this week if you trade solely technical. It won’t work.
USDCAD won’t go up that fast as many perceive and buying dip is favorable. Once BOC releases its benchmark, we will then prefer to wait for a dip by the end of the week and catch a reasonable entry point near 12500.
Weekly Signal Résumé
26 Feb: (Limit Order): Sell GBPUSD @ 14000; TP 15pips [Target met 02 MAR]
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.
