07:42 (GMT)
EUR/USD Buy 1 1.3775 Stop:1.3745 Limit:1.3830
GBP/USD Buy 1 2.0350 Stop:2.0300 Limit:2.0450
09:10:38 GMT:
last week and despite it was poor of major fundamentals, the market broke some major levels, recorded some new levels, and the movement was massive, this week, the news are lined up on the queue, and the U.S. dollar still characterized by its great vulnerability. The major news this week will talk about the fed’s major predominant concern which is inflation, as we are going to start by the PPI figures, and afterwards CPI on the U.S, economy, the expectations are for both to witness some good improvements, easing inflation, which might lead to further expectations for a rate cut, and accordingly some more dollar weaknesses. From the other hand, and after the release of those important figures, Mr. Bernanke will testify on monetary policy before house panel on Thursday, maybe to set things right again, and again assure investors that everything is going fine, and get the dollar back some of its losses. While during the week, the U.S. Federal Reserve Bank and the Bank of England will announce their Minutes from their last meetings. More dollar weakness is expected unless the news revealed a different story, the possibility of a correction is also on the table, so keep yours eyes wide open for the trend of the market
Posted by Iftc
10:27:52 GMT:
We still see USD on a downtrend. so, we recommend to keep your positions running, while we will wait till the market react to the comming events & also we assume a tiny possibility of trend reversal in short term. stay calm and trade relax
Posted by Iftc
13:10:20 GMT
AUD/USD Order Buy 1 0.8700 Stop:0.8650 Limit:0.8760
15:50:51 GMT:
The Rising Wedge pattern is about to form on 1H for GBP/USD the trend into a up trend after opposite reaction to the trend line so we are looking to this situation as a bulish formation but we think that this pattern may change and reform so it beter to be aware owal wait for strongest signals to enter to an other trade or change our stop loss to to entry point
Posted by Iftc
07:16:25 GMT:
Cancel Order AUD/USD: Order Buy 1 0.8700 Stop:0.8650 Limit:0.8760
08:35:32 Close Signal:
GBP/USD Buy 1 2.0350: Close:2.0415(Close Price) Profit: +65
09:02:44 Close Signal:
EUR/USD Buy 1 1.3775: Close:1.3777(Close Price) Profit: +2
09:39:13 GMT:
New Order
GBP/USD Order Sell 1 2.0489 Stop:0.0000 Limit:0.0000
10:24:14 GMT: New Order
GBP/JPY Order Sell 1 249.71 Stop:0.0000 Limit:0.0000
10:25:25 GMT: New Order
GBP/CHF Order Sell 1 2.4606 Stop:0.0000 Limit:0.0000
10:29:02 GMT: Update Order Value
GBP/JPY Order Sell 1 249.71 Stop: 250.15 (New Value) Limit: 249.31 (New Value)
10:31:49 GMT: Update Order Value
GBP/CHF Order Sell 1 2.4606 Stop:2.4656 (New Value) Limit:2.4556 (New Value)
10:53:08 GMT:
Main reason for drop EUR/USD despite of week German’s data, was forming triangle pattern in 1 hour time frame. But despite of weak dollar this trend isn’t consolidation trend.
Posted by iftc
On (1H) GBP/CHF chart a “triangle” formation has formed and a Down trend recognized after price line overcame the up trend line, but, considering to upcoming fundamental events that would probably support GBP,we still prefer to wait for stronger signals to confirm a downtrend.
Order was opened at 12:28 GMT
Currency: GBP/JPY
Action: Sell
Lots: 1
Open: 249.71 (Open Price)
Stop: 250.15
Limit: 249.31
Order was opened at 13:06 GMT
Currency: GBP/CHF
Action: Sell
Lots: 1
Open: 2.4606 (Open Price)
Stop: 2.4656
Limit: 2.4556
Update Signal Value
Currency: GBP/JPY
Action: Sell
Open: 249.71
Stop: 250.30 (New Value)
Cancel Order
Currency: GBP/USD
Action: Order Sell
Open: 2.0489
Update Signal
Currency: GBP/CHF
Action: Sell
Open: 2.4606
Limit: 2.4566 (New Value)
Currency: GBP/JPY
Action: Sell
Open: 249.71
Close: 250.33 (Close Price)
Profit: -62
Signal hit limit at 2007-07-18 00:49:29 GMT
Currency: GBP/CHF
Action: Sell
Open: 2.4606
Limit: 2.4566
Close: 2.4566 (Close Price)
Profit: +40
USD/CAD Sell Lots: 1 Open: 1.0423 Stop: 1.0457 Limit: 1.0387
USD/JPY Sell Lots: 1 Open: 121.65
Uodate trade
USD/JPY Sell Lots: 1 Open: 121.65
Stop: 122.67 (New Value)
Limit: 121.10 (New Value)