EURUSD : Bullish entry 1.2653x tp1 1.2695x tp2 1.2734x
GBPUSD : Bullish entry 1.5415x tp1 1.5505x tp2 1.5539x
USDCHF : Bearish entry 1.0207x tp1 1.0195x tp2 1.0154x
USDJPY : Bearish entry 84.40x tp1 84.06x tp2 83.58x
Times Entry : 09.28 Server Time (Alpari.uk)
All people can transact forex (foreign exchange) on the internet. No need big capital. Not bound to working time. Can be done at home with coffee. Benefits can be folded.
However, if not careful, in fact achieved a profit instead of loss. You certainly can not seradak-seruduk origin in the use of your money. You need a strategy, or say-stance stance in playing forex.
Control
You must have an appropriate strategy, ranging from money management, risk management, and also playing strategy for efficient and profitable forex
Unbiased
Forex Transaction is closely associated with emotion. You must be clever-clever managing emotions, whether it is the courage and fear, be patient, and so forth
Analyze
You must do the analysis, both fundamental and technical, before forex. No need to analyze complex, with a simple analysis you can profit.
Nimble
A profit or loss in forex is very determined to play by the timing. You must know the entry and exit when the foreign exchange market.
Read More....
You must have an appropriate strategy, ranging from money management, risk management, and also playing strategy for efficient and profitable forex
Unbiased
Forex Transaction is closely associated with emotion. You must be clever-clever managing emotions, whether it is the courage and fear, be patient, and so forth
Analyze
You must do the analysis, both fundamental and technical, before forex. No need to analyze complex, with a simple analysis you can profit.
Nimble
A profit or loss in forex is very determined to play by the timing. You must know the entry and exit when the foreign exchange market.
Forex Pros – Last week saw the pound tumble to a 3-week low against the U.S. dollar on Friday, amid fears that the global economic recovery is flagging after worse-than-expected U.S. economic data.
GBP/USD hit 1.5462 on Friday, the pair's lowest since July 27; the pair subsequently consolidated at 1.5529 by close of trade on Friday, shedding 0.38% over the week.
Cable is likely to find support at 1.5442, the low of July 27, and resistance at 1.5702, the high of August 16.
On Thursday, official data showed that U.S. jobless claims spiked to their highest level since November 2009, while separate data showed that the Philadelphia Fed manufacturing index tumbled unexpectedly in August.
Earlier in the week, official data showed that retail sales in the U.K. rose unexpectedly in July, while a separate report said that consumer price inflation rose in line with expectations in June.
Next week in the U.S., attention will turn to Federal Reserve Chairman Ben Bernanke, who is set to deliver a speech on U.S. economic outlook, while official data is due on GDP, initial unemployment claims, manufacturing production and home sales.
Meanwhile, the U.K. is to produce key data on GDP, as well as data on the country’s housing sector and industry data on retail sales.
Ahead of the coming week, Forex Pros has compiled a list of these and other significant events likely to affect GBP/USD.
Monday, August 23
In the U.S., President of the Federal Reserve Bank of Kansas, Thomas Hoenig is expected to speak.
Tuesday, August 24
The U.S. is to produce key data on manufacturing activity and existing home sales, a leading indicator of health in the housing market.
Meanwhile, the U.K. is expected to release industry data on mortgage approvals.
Wednesday, August 25
The U.S. is to produce key data on durable goods orders, a leading indicator of production, as well as data on new home sales. The country is also to produce a report on crude oil inventories.
Thursday, August 26
The U.S. is to release key weekly data on initial jobless claims, a leading indicator of economic health.
Meanwhile, the U.K. is to release industry data on retail sales, a leading indicator of consumer spending. The country is also to publish industry data on house prices, a leading indicator of economic health.
Friday, August 27
In the U.S. the President of the U.S. Federal Reserve Ben Bernanke is set to give a speech on the economic outlook for the U.S. Meanwhile, the country is to release key data on GDP, the leading indicator of economic growth.
Also Friday, the U.S. is to release data on consumer sentiment and inflation expectations.
Meanwhile, Britain will end the week by producing key data on its GDP, as well as data on business investment, a leading indicator of economic health.
Read More....
On Thursday, official data showed that U.S. jobless claims spiked to their highest level since November 2009, while separate data showed that the Philadelphia Fed manufacturing index tumbled unexpectedly in August.
Earlier in the week, official data showed that retail sales in the U.K. rose unexpectedly in July, while a separate report said that consumer price inflation rose in line with expectations in June.
Next week in the U.S., attention will turn to Federal Reserve Chairman Ben Bernanke, who is set to deliver a speech on U.S. economic outlook, while official data is due on GDP, initial unemployment claims, manufacturing production and home sales.
Meanwhile, the U.K. is to produce key data on GDP, as well as data on the country’s housing sector and industry data on retail sales.
Ahead of the coming week, Forex Pros has compiled a list of these and other significant events likely to affect GBP/USD.
Monday, August 23
In the U.S., President of the Federal Reserve Bank of Kansas, Thomas Hoenig is expected to speak.
Tuesday, August 24
The U.S. is to produce key data on manufacturing activity and existing home sales, a leading indicator of health in the housing market.
Meanwhile, the U.K. is expected to release industry data on mortgage approvals.
Wednesday, August 25
The U.S. is to produce key data on durable goods orders, a leading indicator of production, as well as data on new home sales. The country is also to produce a report on crude oil inventories.
Thursday, August 26
The U.S. is to release key weekly data on initial jobless claims, a leading indicator of economic health.
Meanwhile, the U.K. is to release industry data on retail sales, a leading indicator of consumer spending. The country is also to publish industry data on house prices, a leading indicator of economic health.
Friday, August 27
In the U.S. the President of the U.S. Federal Reserve Ben Bernanke is set to give a speech on the economic outlook for the U.S. Meanwhile, the country is to release key data on GDP, the leading indicator of economic growth.
Also Friday, the U.S. is to release data on consumer sentiment and inflation expectations.
Meanwhile, Britain will end the week by producing key data on its GDP, as well as data on business investment, a leading indicator of economic health.
EURUSD : Bullish entry 1.2857x tp1 1.2883x tp2 1.2936x sl 1.2806x
GBPUSD : Bullish entry 1.5684x tp1 1.5722x tp2 1.5797x sl 1.5626x
USDCHF : Bearish entry 1.0407x tp1 1.0317x tp2 1.0425x sl 1.0449x
USDJPY : Bearish entry 85.31x tp1 84.95x tp2 84.71x sl 85.71x
Times Entry : 07.58 Server Time (Alpari.uk)
EURUSD : Bullish entry 1.2917x tp1 1.2953x tp2 1.2931x sl 1.2868x
GBPUSD : Bullish entry 1.5686x tp1 1.5704x tp2 1.5794x sl 1.5642x
USDCHF : Bearish entry 1.0575x tp1 1.0519x sl 1.0614x
USDJPY : Bearish entry 85.73x tp1 85.57x tp2 84.91x sl 86.09x
Times Entry : 09.42 Server Time (Alpari.uk)
EURUSD : Bearish entry 1.3062x tp1 1.3002x tp2 1.2931x sl 1.3321x
TP2 : 131 pips
GBPUSD : Bearish entry 1.5789x tp1 1.5734x tp2 1.5623x sl 1.5822x
TP1 : 151 pips Close price 1.5638x
USDCHF : Bullish entry 1.0563x tp1 1.0579x tp2 1.0677x sl 1.0515x
TP1 : 150 pips
USDJPY : Bullish entry 85.36x tp1 85.79x tp2 85.97x sl 84.95x
SL : -41 pips
Total Profit : 131 + 151 + 150 - 41 = 391 pips
Close Time : 16.55
Long Trade : 8 hour
Server Time (Alpari.uk)
EURUSD : Bearish entry 1.3062x tp1 1.3002x tp2 1.2931x sl 1.3321x
GBPUSD : Bearish entry 1.5789x tp1 1.5734x tp2 1.5623x sl 1.5822x
USDCHF : Bullish entry 1.0563x tp1 1.0579x tp2 1.0677x sl 1.0515x
USDJPY : Bullish entry 85.36x tp1 85.79x tp2 85.97x sl 84.95x
Times Entry : 08.28 Server Time (Alpari.uk)
EURUSD : Bearish entry 1.3274x tp1 1.3176x tp2 1.3079x sl 1.3321x
GBPUSD : Bearish entry 1.5953x tp1 1.5846x tp2 1.5764x sl 1.6015x
USDCHF : Bullish entry 1.0406x tp1 1.0484x tp2 1.0516x sl 1.0358x
USDJPY : Bullish entry 85.65x tp1 86.09x tp2 86.71x sl 85.25x
EURUSD : Bearish entry 1.3158x tp1 1.3123x tp2 1.3063x sl 1.3209x
GBPUSD : Bearish entry 1.5856x tp1 1.5839x tp2 1.5794x sl 1.5907x
USDCHF : Bullish entry 1.0487x tp1 1.0532x tp2 1.0601x sl 1.0446x
USDJPY : Bullish entry 86.05x tp1 86.69x tp2 87.06x sl 85.65x
Times Entry : 12.16 Server Time (Alpari.uk)
EURUSD : Bearish entry 1.3155x tp1 1.3109x tp2 1.3066x sl 1.3207x
GBPUSD : Bearish entry 1.5885x tp1 1.5839x tp2 1.5794x sl 1.5949x
USDCHF : Bullish entry 1.0529x tp1 1.0599x tp2 1.0664x sl 1.0477x
USDJPY : Bullish entry 84.15x tp1 86.69x tp2 87.06x sl 85.64x
Times Entry : 07.16 Server Time (Alpari.uk)
EURUSD : Bearish entry 1.3218x tp1 1.3161x tp2 1.3096x sl 1.3271x
GBPUSD : Bearish entry 1.5928x tp1 1.5882x tp2 1.5818x sl 1.5990x
USDCHF : Bullish entry 1.0420x tp1 1.0450x tp2 1.0466x sl 1.0364x
USDJPY : Bullish entry 84.45x tp1 86.04x tp2 86.42x sl 84.97x
Times Entry : 09.08 Server Time (Alpari.uk)
EURUSD : Bullish entry 1.3157x tp1 1.3229x tp2 1.3238x sl 1.3095x
GBPUSD : Bullish entry 1.5888x tp1 1.59644x tp2 1.6042x sl 1.5831x
USDCHF : Bearish entry 1.0394x tp1 1.0333x tp2 1.0276x sl 1.0445x
USDJPY : Bearish entry 86.49x tp1 86.20x tp2 85.98x sl 86.88x
Times Entry : 08.26 Server Time (Alpari.uk)
EURUSD : Bearish entry 1.3065x tp1 1.3104x tp2 1.2987x sl 1.31011x
GBPUSD : Bearish entry 1.5820x tp1 1.5745x tp2 1.5687x sl 1.5883x
USDCHF : Bullish entry 1.0443x tp1 1.0466x tp2 1.0512x sl 1.0443x
USDJPY : Bullish entry 86.71x tp1 87.17x tp2 86.27x sl 87.40x
Times Entry : 13.45 Server Time (Alpari.uk)
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