Forex Signals for 03/12/2009

Hello everyone, volatility was quite lame yesterday. Did not get much action in the market, we had a loss and 2 trades that were not triggered. We are sitting in the red. Hopefully those levels will work well today.

If you are using the reversal method can use the set and forget system to decide if a trade is worth taking or not.

So here is the analysis for today’s session. I strongly recommend that you use your own analysis to confirm the trades I will be sending. Most of the trades will be sent 15 minutes to 2 hours before the move eventuates, though we are taking into account the short, intermediate and major trend at that point in time, market conditions may change

Today’s Signal:

Bring Stop Loss to break-even as soon as you reach half way to profit target and take partial profit at this point.