Forex Trading Signals

  • EUR/CAD - Buy @ 1.58 zone
  • EUR/JPY - Sell @ 130 level - Buy @ 120 or lower
  • AUD/USD - Buy @ 63 Zone - Sell @ 70 Zone
  • USD/CAD Buy @ 1.20 Zone - Sell @ 1.30 Zone
  • EUR/CHF - Buy At 1.46 to 1.48 zone
  • USD/CHF Sell @ 1.18 to 1.20 zone
  • GBP/USD - Sell @ 1.50 zone - Buy @ 1.34 zone
  • GBP/JPY - Sell @ 140 zone
  • EUR/USD - Buy @ 1.24-1.26 zone

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Wednesday, January 7, 2009

EUR/CAD: Long @ 1.6012 is up 200 pips


After riding a great short on this pair I noticed the downside momentum fizzling out so I closed the short and I have gone long on this pair and initially set my stop 200 pips below the entry. It is now up 200 + pips and I have raised my stop to lock in 100 pips profits - If the CAD is to get weaker I will be at a good price for now I'm up but if CAD strengthens in the next few days this trade will get taken out.

Here is the chart

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