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Forex Signal for 14/10/2009


Hello everyone,

Had a loss yesterday and the EUR/JPY trade was cancelled at the close of the market. We are sitting on -46 pips at the moment.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: 1.4885 SL: 1.4836 TP: 1.4934
Sell: 1.4780 SL: 1.4828 TP: 1.4730

GBP/USD
Buy: 1.6015 SL: 1.5950 TP: 1.6080
Sell: 1.5885 SL: 1.5945 TP: 1.5820

USD/JPY
Buy: 90.28 SL: 89.91 TP: 90.67
Sell: 89.46 SL: 89.84 TP: 89.07

AUD/USD
Buy: 0.9120 SL: 0.9070 TP: 0.9172
Sell: 0.9010 SL: 0.9063 TP: 0.8957

GBP/JPY
Buy: 143.90 SL: 143.15 TP: 144.65
Sell: 142.35 SL: 143.10 TP: 141.60

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.

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

I 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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