I would like to give my forex analysis to help fellow trader.
My Analysis is based on the forex strategy of market trending and other analysis formula that I got from my work place (I work in one of the famous forex analysis company in my country)
usually it can reach about 50 to 100 pips profit. Not bad
I will give the analysis straight to the point, means it is simple and also easy to understand, so you can use it as your second opinion before you decide to "Buy or Sell"
I hope my analysis can helpfull to make more profit in trading
and I will try to daily update it. (is it okay ?)
below is some of my analysis for May 4, 2009 that I got it at 2:23am GMT+7
(I know it is too late to post, but at least you can see their performance)
It is more likely to move up to 1.3300 or even higher than 1.3400, and after that, it will potentially to go down.
(Current Price: 1.3263)
It more likely to move up to 1.5050. But we suggest to entry buy at 1.4860.
(Current Price: 1.4911)
We suggest to sell if it reaches near 0.7450 or even 0.7500. Profit Targets set to 50 pips, and stop at 50 pips too.
(Current Price: 0.7300)
It is more likely to potential sell if it is still holds at 99.80 . With risk to 100.40.
(Current Price: 99.25)
I hope all of you can Enjoy it !
NOTE: use at your own risk
I suggest to use a SL and TP with ratio not more than 2:1.
example: if your TP is 50, your SL should not more than 100, but better if you can set the SL with 50 pips too.
if you need more analysis, don't hesitate to contact me
Daily Forex Analysis for May 6, 2009
(update : 4:40am GMT+7)
It is more likely to move down first to around 1.3250 before it is continue to go up to 1.3360 or even 1.34
(Current Price: 1.3312)
It is more likely to go up to around 1.52, and then move down to 1.51 or even lower. We suggest you to entry sell if it hit around 1.5230, profit targets to 1.5150 , stop loss at 1.53
(Current Price: 1.5067)
It is more likely to go up, and we suggest if it is reaches around 0.75 then you can entry sell, with profit targets to 0.74 , stop loss at 0.7560
(Current Price: 0.7410)
Daily Forex Analysis for May 7, 2009
(update: 10:08 am GMT+7)
Today it seems quite complicated to be analized, because there are some important news about interest rates that we have to be aware about the results.
It is more likely to go up to around 1.3350 or higher, and then it is possible to move down, we suggest to entry sell at 1.3400, with profit targets to 1.3350 or lower, Stop Loss at 1.3450.
(Current Price: 1.3296)
It is more likely to go up to around 1.5250, and then it is possible to move down, we suggest to entry sell at 1.5250, with profits targets to 1.5150 , Stop Loss at 1.5320.
(Current Price: 1.5127)
it is possible to move down to around 0.74. with risk to 0.76 , profit targets to 0.7450.
(Current Price: 0.7533)
Hi james i just found this post, i am impressed . But i have seen it to late, 2 weeks ago i lost £2000 on igindex on the currency, i have borrowed £1000 and need to recover my money back, as im a student i have really screwed up would lovesome help much appreciated