ANALYSIS OF EUR/USD SIGNAL FOR MONDAY, MARCH 17, 2008 AND SIGNAL FOR TUESDAY, MARCH 18, 2008

The week started off very well for us, with today's signal  remember that it was a sell signal that was forecasted by me on my blog. Check out this link for detail of the signal http://piptrain.blogspot.com/2008/03/eurusd-signal-for-monday-march-17-2008.html

The market opened for us at 1.5851 at the MARKET OPEN, when the ENTRY TIME was 06:00 GMT, from that point on we saw a downslide to the market exit at 10:00 GMT with market EXITING at 1.5771.

If our arithmetic's is correct it means that we got out on 78 PIPS on each open position.

WE'VE DEFINITELY STARTED OFF TODAY WITH LOTS OF PIPS FOR US ON OUR VERY OWN PAIR.

Remember to always trade professionally, read as wide as you can. FOREX is an ever changing market place. Let equip ourselves and be the MARKET'S BEST FRIEND.

 

SIGNAL FOR TUESDAY, MARCH 18, 2008

Ok to the business of the day, we basically saw a new high today on the EUR/USD pair. BAD FOR THE YANKEES.

Let's see how the pair performs latter on tomorrow on the CHARTS.

ENTRY TIME:      6:00 GMT

EXIT TIME:        10:00 GMT

BUY EUR/USD @ MARKET PRICE @ 6:00 GMT

RESISTANCE LEVEL 1 @ 1.5718      SUPPORT LEVEL 1 @ 1.5675

RESISTANCE LEVEL 2 @ 1.5761     SUPPORT LEVEL 2 @ 1.5533

RESISTANCE LEVEL 3 @ 1.5816     SUPPORT LEVEL 3 @ 1.5306

RESISTANCE LEVEL 4 @ 1.5902

Be sure that POSITIONS are HELD and STOP LOSS CORRECTED DURING TRADE TO SAFE GUARD PROFITS. PLEASE BE ADVICED TO ADHERE TO SOME OF MY WARNINGS HERE.

Mail me @ pipscollector92@gmail.com for further questions and enquiries about signal and trade techniques.

STOP LOSS: 30 PIPS

TAKE PROFIT: 90 PIPS

Lets stay professional and make some GREENS.

GOODLUCK