Forex Signal for 07/10/2009

Hello everyone,

Great day yesterday, the new system works great. This is a system that I now personally use and has kept me in the green even when the market was all out of whack.

Result = +97 Pips

The GBP/JPY trade did not hit yesterday. Please close all your trades at the end of the US session. 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:

EUR|USD:
Buy - 1.4751 | SL 1.4704 | TP 1.4810
Sell – 1.4642 | SL 1.4688 | TP 1.4584

AUD|USD:
Buy – 0.8934 | SL – 0.8878 | TP – 0.8998
Sell - 0.8815 | SL - 0.8866 | TP – 0.8752

GBP|JPY
Buy – 142.78 | SL – 141.95 | TP – 143.80
Sell – 140.82 | SL - 141.72 | TP – 139.80

IMPORTANT: I will be sending two possible scenarios starting today. Buy and sell orders on most of the majors and the Yen pairs. If for example buy order is triggered, cancel sell order and vice versa. I will start posting trades everyday from now on.

PSS: There may be changes in the trade posted throughout the day, if trade does not look favorable, I will advice all of you ASAP through twitter.

TRADE MANAGEMENT:

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

Happy trading,
Ash Naeck PSSS: Will be integrating some news trading too shortly, however before doing so I wanted to see how many of you would be interested in this service. Please email me back on myforex@y7mail.com with title header “NEWS TRADERS”.

Thank You

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