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Forex Signal for 15/10/2009


Hello everyone,

We had a good day yesterday, nearly +128 pips if you followed the rules of taking half profit mid-way and bringing SL to BE. GBP/USD is still in the game, close at the end of 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:1.4952 | SL:1.4905 | TP:1.5000
Sell:1.4852 | SL:1.4900 | TP:1.4802

GBP/USD
Buy:1.6072 | SL:1.6009 | TP:1.6140
Sell:1.5938 | SL:1.5600 | TP:1.5870

USD/JPY
Buy:90.03 | SL:89.63 | TP:90.43
Sell:89.18 | SL:89.58 | TP:88.78

AUD/USD
Buy:0.9179 | SL:0.9133 | TP:0.9228
Sell:0.9076 | SL:0.9120 | TP:0.9027

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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