Buy USDCAD at 1.0285/60
Written by Ross Mullins on July 27, 2010 – 7:13 am -Trade posted to TAP at 7:28am ET buy USDCAD at 1.0288 with scale in at 1.0260. CAD pair reaching into the bottom of a multi-month consolidation triangle. Looking for a turn and continuation of the consolidation from a support zone from the 1.0300 area down to 1.0260. USD/CAD Chart Picture Read more
Tags: Daily Trader, forex market, forex trading, usd/cad
Posted in Trading Signals & Strategies |
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Buy USDCHF at 1.0501
Written by Ross Mullins on July 26, 2010 – 8:00 am -First trade of the week so using smaller size. Trade posted to TAP at 8:31am ET buy USDCHF at 1.0501. A few technical indicators lined up here at 1.0500. The .618 Fib of the previous upward run is at 1.0498. In addition there are historical support/resistance at this same level. ... Read more
Tags: Daily Trader, forex market, forex trading, USD/CHF
Posted in Trading Signals & Strategies |
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Important message from Derek Frey
Written by Derek Frey on July 21, 2010 – 7:52 am -We hope that you have been enjoying your trial to Derek Frey’s Inner Circle. If you have not had a chance to make it to one of the daily webinars you are really missing out! These sessions are absolutely key to you becoming a consistent successful trader. ... Read more
Tags: forex, forex mentoring
Posted in Forex Market Updates |
2 Comments »
Sell GBPUSD at 1.5205
Written by Ross Mullins on July 20, 2010 – 9:09 am -Trade posted to TAP at 9:50am ET sell GBPUSD at 1.5205. This pair has been responding well to the Fib retracement levels on the 4 hour chart. Now under the .50 of the most recent uptrend from July 12. Historical resistance and support lined up at 1.5200. Looking for a ... Read more
Tags: Daily Trader, forex market, forex trading, gbp/usd
Posted in Trading Signals & Strategies |
2 Comments »
USDCAD Sell at 1.0540
Written by Ross Mullins on July 19, 2010 – 8:20 am -Trade posted to TAP at 9:04am ET sell USDCAD at 1.0541 using half size. Looking for which direction is going to take hold this week. First thing on a Monday morning seeing some hints that this pair might turn south at least in the short term. Biggest clue towards that ... Read more
Tags: Daily Trader, forex market, forex trading, usd/cad
Posted in Trading Signals & Strategies |
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GBPUSD Sell at 1.5135
Written by Ross Mullins on July 13, 2010 – 8:32 am -Sell posted to TAP at 9:01am ET, sell GBPUSD at 1.5135. Testing the bottom of the 4 hour trend line along with .382 fib of the closest down trend, historical support and resistance and tunnel fib on the 1 hour chart. GBP/USD Chart Picture Read more
Tags: Daily Trader, forex market, forex trading, gbp/usd
Posted in Trading Signals & Strategies |
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USDCHF Buy at 1.0585
Written by Ross Mullins on July 13, 2010 – 8:07 am -Buy posted to TAP at 8:49am ET, buy USDCHF at 1.0585. Looking at the 4 hour chart the CHF has seen historical support and resistance lined up at the 1.0580 level and has potential to set up as a reversal pattern here. There is also the .50 fib of the ... Read more
Tags: Daily Trader, forex market, forex trading, USD/CHF
Posted in Trading Signals & Strategies |
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EURUSD Reversal Update
Written by Ross Mullins on July 6, 2010 – 10:46 am -First see post for EURUSD on June 22. The EURUSD had meet with reversal expectations at the 1.2150/70 zone and has now moved to the mid 1.2600's. Long term trend line at 1.2735 could be a likely target for buys. From there we will look for possible pullback from this ... Read more
Tags: Daily Trader, eur/usd, forex market, forex trading
Posted in Trading Signals & Strategies |
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Buy USDJPY at 87.40
Written by Ross Mullins on July 6, 2010 – 10:37 am -Trade posted to TAP at 10:46am ET, buy USDJPY at 87.40. We have been studying the potential reversal patterns on the weekly chart for this pair for several weeks now. With that expectation I have been looking for confirmations for buying again. With the break of the 4 hour trend line ... Read more
Tags: Daily Trader, forex market, forex trading, USD/JPY
Posted in Trading Signals & Strategies |
1 Comment »
OracleTrader Profits on Another News Trade
Written by admin on June 23, 2010 – 5:20 pm -Hello Everyone, Below is the OracleTrader being used to enter a news trade on the Canadian Retail Sales. This is a very powerful tool for the forex and as you can see within just seconds I am able to enter and exit a trade for some decent profits. Below I ... Read more
Tags: Canadian Retail Sales, forex, news trading, OracleTrader
Posted in CAD News Data |
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