Monday, March 10, 2008

EUR/USD SIGNAL FOR TUESDAY 11TH MARCH 2008

Our system made some 10 PIPS today, and basically lets see how tomorrows outlook will be for our pair. The fundamental outlook from the UK was basically BAD for the Industrial Production and PPI Input, with mixed report from the Manufacturing Production and PPI Output.

Well that was that from the FUNDAMENTAL OUTLOOK. Let's look at what our pair would look like tomorrow.

ENTRY TIME:      6:00 GMT

EXIT TIME:        10:00 GMT

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

RESISTANCE LEVEL 1 @ 1.5354        SUPPORT LEVEL 1 @ 1.5291

RESISTANCE LEVEL 2 @ 1.5374       SUPPORT LEVEL 2 @ 1.5188

RESISTANCE LEVEL 3 @ 1.5394       SUPPORT LEVEL 3 @ 1.5018

RESISTANCE LEVEL 4 @ 1.5418       SUPPORT LEVEL 4 @ 1.4745

RESISTANCE LEVEL 5 @ 1.5457

Make sure positions are HELD and STOP LOSS are CORRECTED to SECURE PROFITS. I DONT HAVE TO RESOUND THIS SOME OF YOU SAW WHAT HAPPENED LAST WEEK.

STOP LOSS: 30 PIPS

TAKE PROFIT: 90 PIPS

Lets stay professional and make some GREENS.

GOODLUCK                          Thumbs-upFlag

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