Weekly Forex Outlook
This week in the Forex Markets with Derek Frey, as he gives you his insights and forex analysis.
Forex Trader – Never add to a losing trade
To be a professional forex trader, you have to think and act like one. Here’s some basic tips on how to improve your forex trading and be a stronger forex trader.
FX Market Update/EUR/USD PMTP Thursday March 5th
FX Traders may consider a alert for market price movement at: 1:10-1:30pm for 2.5 hours with medium to strong productivity. I sense a round of unscheduled fundamental or geopolitical news to come. You may recall the last time I predicted this that several hours later unexpected news appeared to the world (China/Treasurys/ECB Debt near 24 trillion). Let’s see…
Trade Opportunity Tonight – March 3, 2009
We would prefer to see a sell trigger as the AUDUSD is currently in a down trend, although it made a strong move up after the RBA decided not to change interest rates last night.
Forex Market Update EUR/USD PMTP Alert for Tuesday March 2nd
Primary Market Movement at:
10:40pm ET – 11:10pm ET for 2 hours medium + productivity
For Tuesday March 3rd:
5:15am – 5:40am ET for 1.5 hours medium+ productivity
10:50am -11:20am ET for 3 hours strong productivity
Trade Opportunity Tonight
Important trade data for AUD/USD tonight, for those traders following along with us at Forex Traders Daily.
Weekly Forex Outlook
Derek Frey shares this weeks Forex Market Outlook.
Live Trade Calls for March 2, 2009
We will have two opportunities for trades tomorrow. The first opportunity will be at 8:30 am EST when the Canadian GDP report is released.
Live Trade Call for February 27, 2009
For our last live trade call, we were looking at the US Durable Goods report this morning. We were looking to enter a short on the USD/JPY if the figure came out at least 2.0% worse than expected.
Live On The News Trade Call for February 26, 2009
We will have an opportunity for a trade tomorrow with on the US Durable Goods report. Trade live with me to learn more about trading live news.
Forex EUR/USD PMTP Alert for Friday February 20th
Market Movement at 2:40-3:05am ET for 2.75 hours medium to strong productivity.
EUR/USD Forecast and Long Position at 1.2551
I issue a buy signal at 1.2551-59. Will risk a stop at 1.2517 to target 1.2670’s to 1.2740’s. This advisory encompasses all Trade Alerts today; there are no outstanding Alerts.
Britt