Monday, February 2, 2009

Forex Trend Alerts: 02/03/09

Currency Pair ---- Trend ---- Position ---- Stop ---- Comments

EUR/USD ----------- Down ------ Sell ------- 13160 ---- Hold Short

GBP/USD ------------ Up -------- Buy ------- 14020 ---- Hold Long

AUD/USD ----------- Down ------ Sell ------- 6480 ----- Hold Short

USD/JPY ------------ Down ------ Sell ------- 9190 ----- Hold Short

USD/CHF ------------ Up -------- Buy ------- 11320 ---- Hold Long

Have a good trading day!

2 comments:

  1. Hi Michael,
    Whats happening today?
    Was knocked out for the audusd.
    waiting for limit signals.
    thks.
    1 beginner

    ReplyDelete
  2. Please follow my comments closely. Any system signals will have whipsaws (false signals) at times, nothing is perfect. Most importantly, if you wish to follow a system, you've got to follow persistently for quite a while, then only you can assess the profitability of the system. Try it with your Demo account first before you gain any confidence.
    Michael.

    ReplyDelete

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