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Forex Signals for 20/11/2009

Hello everyone,

Ok here we go for another day. Yesterday we had a great day with 130 pips profit. All 3 trades were winners.

Even the daily reversals gave some great signals at around mid-day US market session. Those who do not know how to take advantage of those trades please contact me and I will give suggest a method you may use.

Remember that this is not a strategy it is a method of trading the market that is very effective. You are not relying solely on indicator but with the daily limit you are taking into consideration the maximum of pips a specific currency can move.

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 - 1.4999 | SL 1.4952 | TP 1.5050
Sell – 1.4895 | SL – 1.4943 | TP – 1.4846

USD|JPY:
Buy – 89.60 | SL – 89.19 | TP – 90.02
Sell – 88.70 | SL – 89.12 | TP – 88.28

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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