Trade with www.precisetrader.com

Siva

Description

Trade with www.precisetrader.com

Sujets

• Arts

Informations

• Publié par: ecomejex
• Nombre de lectures: 59
• Langue: English

Extrait

Date: 09 May 2011

Market

Summary

Trend

SHORT near

14415

14460

with a tight stop with a 35-50 pips price target.

Market

Summary

Trend

Get the full report by visiting Precise Trader for a Free Trial.

Market

Summary

Trend

Get the full report by visiting Precise Trader for a Free Trial.

TRADE THE M ARK ET

& NOT YOUR

FORECAST

Copyright 2009, Precise Trader.

Trading Forex is risky. Precise Trader takes no responsibility for the accuracy, nor liability for any risk position taken by any

party based on information shown on this site. Any action taken as a result of the information provided is entirely at the users own risk.

USDJPY closed @ 8065 which was ABOVE the open and was within prior day's trading range.

The High was

PRECISELY at Precise Trader's Hrly Level and the Low was 20 pips from Precise Trader's Sup Zone 1.

The Hourly Oscillators are Bullish but Weak and the Price is Within the MA, so CAUTIOUS

approach is needed for

the Bulls. Hourly Trend is Limited Up while 8000 holds and Daily Trend is Sideways Down while 8265 holds, so

expect the Price to have a Minimum Upside and the Bulls have to be Cautious.

The

Daily time frame ,the Price is below the MA's , the

Bulls

gained but gave up mildly

towards the Close. The

Patterns are suggesting that the Bears are showing weakness

. The Hourly

time frame, the

Price is within the MA's

and

the Oscillators are suggesting a weak upside

bias. The Patterns are suggesting a range trading

until the break and

Wave 5 may be completed. The 15min time frame, suggesting a choppy session

until the break , 8025-00

are the

Critical

levels to watch to maintain the Bullish Outlook. The Opening Price Principles suggesting that JPY is weak

against only three

Crosses

so cautious approach is needed

and High-Low time does not give us a clear signals.

Patterns

BULLS & BEARS :

Get the full report by visiting Precise Trader for a Free Trial.

Today's Strategies

Precise Forecast Report - Forex 1 ( USD Majors )

EURUSD

GBPUSD

The

Daily time frame ,the Price is

within

the MA's , the Bears gained aggressively towards the close. The Patterns

are suggesting a temporary high may have been seen .The Hourly

time frame, the Price is well below

the MA's

and

the Oscillators are suggesting a

weak downside bias . The Patterns are suggesting

lower lows are expected and Wave

3 may be completed. The 15min time frame, suggesting a limited upside, 14465-85

are the Critical

levels to watch to

maintain the Bearish Outlook. The Opening Price Principles suggests that EUR is strong against four crosses but

cautious approach is needed and

High-Low time

does not gives us any signals.

EURUSD closed @ 14315 which was BELOW the open and breached the previous day's low. The High was

PRECISELY at Precise Trader's Res Tgt 1 and the Low was 30 pips from Precise Trader's Sup Tgt 3.

The Hourly Oscillators are Bearish but Weak and the Price is Below the MA, so CAUTIOUS

approach is needed for

the Bears. Hourly Trend is Limited Down while 14485 holds and Daily Trend is Turning Down while 14945 holds, so

expect the Price to have a Minimum Downside and the Bears have to be Cautious.

Patterns

BULLS:

14370

14325

14285

BEARS:

14415

14460

14525

Today's Strategies

The

Daily time frame ,the Price is within

the MA's , the Bears gained mildly

towards the close. The Patterns are

suggesting the Bears are approaching stiff support . The Hourly

time frame, the

Price is below the 200

MA's

and

the Oscillators are suggesting a downside

bias. The Patterns are suggesting a choppy session until the break and Wave

3 is in progress. The 15min time frame, suggesting a choppy session

until the break

, 16425-65

are the Critical

levels to watch to maintain the Bearish Outlook. The Opening Price Principles

are Mixed , so Cautious approach is

needed until the Price breaks out of Zone 2 levels and High-Low time does not gives us any

signals.

USDJPY

GBPUSD closed @ 16365 which was BELOW the open and was within prior day's trading range. The High was 10

pips from Precise Trader's Res Tgt 1 and the Low was PRECISELY at Precise Trader's Sup Zone 1.

The Hourly Oscillators are Bearish but Weak and the Price is Mildly Below the MA, so CAUTIOUS

approach is

needed for the Bears. Hourly Trend is Limited Down while 16465 holds and Daily Trend is Turning Down while

16745 holds, so expect the Price to have a Minimum Downside and the Bears have to be Cautious.

Patterns

BULLS & BEARS :

Get the full report by visiting Precise Trader for a Free Trial.

Today's Strategies

Trade with

Trade with Rajoo C, Precise Trader’s Master Trader & CEO. He will be via webinars, showing ways to

identify precise entry levels and recognize the signals to exit a trade. With the ability to know when to go in

and when to come out, you can increase your trading confidence, concentration and discipline to enable you to

clearly execute your trades and improve your trading performance.

When? : Wednesdays

(1100 GMT

)

www.precisetrader.com