Hello World


always think positive! is my personal journal in trading forex.

In this blog I will post a lot of my entry, a lot of free forex signal, and some of my methods in entering a trade.

The trade will mostly derives from technical analysis and a calculation of forex market price movement.

To be noted that I'm not suggested nor recommended you to follow my trade but it will always be free for you to read and use it to support your own trade.

Since it is my personal journal I disclaim to not taking any responsibility regarding the result of the signal. Use it at your very own risk.

TO OUR TRADING SUCCESS!

Instaforex

Tuesday, 18 March 2008

Signal March 18, 2008

LONG position entry signal on EUR/USD

Open position at 1.5797

SL 1.5710/ 87 pips

TP1 1.5840 / 43 pips

TP2 1.5899 / 102 pips


SHORT position entry signal on EUR/USD

Open position at 1.5708

SL 1.5795 / 87 pips

TP1 1.5665 / 43 pips

TP2 1.5606 / 102 pips


Regarding Benrkanke speak and anticipated announcement about US Interest Rate we have to be careful for the high volatile (hectic) market.


This news will shake the market if The Fed cut the USD interest more than 2.5 %. We should be keep an eye for this news because this news is very important.


Probably EURUSD will make new record again by hitting 1.6xxx if US still cannot resolve their problem related to their Subprime Mortgage problem.


Better to be prepared before the day come.

Hope this information will help your trading. Good Luck.


Close opposite position when an open position reach TP2

Close all open position and cancel all remaining orders at 23.59 GMT+7.

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Disclaimer: Forex trading involves substantial risk of loss, and may not be suitable for everyone. This is neither a solicitation nor an recommendation to buy/sell Forex commodity interests