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Forex Signals for 12/11/2009


Hello everyone,

It’s been a little while that I haven’t posted trades. This is mainly due to heavy news last week and levels not being met for the trades to be valid. However we should see a change from now on and hopefully profit from it.

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 Signals:

EUR|USD:
Buy - 1.5057 | SL 1.5010 | TP 1.5107
Sell – 1.4955 | SL – 1.5000 | TP – 1.4905

AUD|USD:
BUY – 0.9360 | SL – 0.9318 | TP – 0.9405
Sell – 0.9270 | SL – 0.9313 | TP – 0.9225

USD|JPY:
Buy – 90.10 | SL – 89.69 | TP – 90.52
Sell – 89.20 | SL – 89.60 | TP – 88.79

IMPORTANT: I will be sending two possible scenarios from tomorrow. 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.

FOLLOW ME ON TWITTER FOR TRADE UPDATES
www.twitter.com/ashforextrading

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

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