We have very important day today as some important data news coming out of US today at 8:30 and 10 AM EST Newyork time, Today the US economic data will be significant, first news is about US GDP which is always important to spike up or down Dollar, the other one is Home sales which is already down in US and making US economy down, and the last important data news is US Jobless claims.
Fed chairman bernanke speech will also be watched closely, Some big traders said that Investors are continuing to price in further interest rate cuts. Markets have, however, priced in around a 90% chance of a further rate cut in October and this will increase the risk of a significant dollar correction stronger if these expectations are adjusted.
Extreme Caution required on US Data News at 8:30 AM and 10 AM EST today.
Have a Nice trade !
Thanks and Best Regards
Fxforecaster Team
www.fxforecaster.com
Thursday, September 27, 2007
Thursday, September 20, 2007
Dollar is falling after CPI fell 0.1%
Extreme Caution required for today's trade ! as US CPI fell 0.1% with a 0.2% core increase. Housing starts at 1.33mn
Recommendation: Try to exit on all positions at earliest, the USD/CHF could expected more down by 50 pips towards 1.1700 and and EUR/USD is expected to rise further by 50 pips towards 1.4100.. Caution required for next few days...
Best Regards
Fxforecaster Team
www.fxforecaster.com
Recommendation: Try to exit on all positions at earliest, the USD/CHF could expected more down by 50 pips towards 1.1700 and and EUR/USD is expected to rise further by 50 pips towards 1.4100.. Caution required for next few days...
Best Regards
Fxforecaster Team
www.fxforecaster.com
Wednesday, September 19, 2007
The Fed has cut the discount rate !
Hi Traders !
This update is just about forex market discussion on Fed intrest rate...
As few days back we already discussed that Fed can cut the rate any time which will impact directly on forex market so here is the update that:
The Fed Bernanke has cut the discount rate and the Fed funds rate by 0.50%, and this leads US dollar down by almost 100 pips, which is showing weakness against Euro and Major currencies in the forex market. The dollar fell to a record low versus the euro on Tuesday September 18th after the Federal Reserve cut its key interest rate by an aggressive half a percentage point to prevent the U.S. economy from weakening further on turmoil in the credit and housing markets.
The Fed said in a statement, "Today's action is intended to help forestall some of the adverse effects on the broader economy that might otherwise arise from the disruptions in financial markets and to promote moderate growth over time,"
So all the forex traders required extreme caution now a days on all data news...
Have a Nice trade !
Thanks and Best Regards
Fxforecaster Team
Access Forex Trade Signals at Fxforecaster.com
This update is just about forex market discussion on Fed intrest rate...
As few days back we already discussed that Fed can cut the rate any time which will impact directly on forex market so here is the update that:
The Fed Bernanke has cut the discount rate and the Fed funds rate by 0.50%, and this leads US dollar down by almost 100 pips, which is showing weakness against Euro and Major currencies in the forex market. The dollar fell to a record low versus the euro on Tuesday September 18th after the Federal Reserve cut its key interest rate by an aggressive half a percentage point to prevent the U.S. economy from weakening further on turmoil in the credit and housing markets.
The Fed said in a statement, "Today's action is intended to help forestall some of the adverse effects on the broader economy that might otherwise arise from the disruptions in financial markets and to promote moderate growth over time,"
So all the forex traders required extreme caution now a days on all data news...
Have a Nice trade !
Thanks and Best Regards
Fxforecaster Team
Access Forex Trade Signals at Fxforecaster.com
Make some pips on instant forex signals and alerts
This update is old but thought to post here for new users:
Hi Traders !
Now a days receiving emails from users about guidance... to guide them proper way of making some pips in trading on our signals, so we added some tips and trading rules on website and you will find it on different places, So we decided to send this email to guide all the traders to make some pips...
There are two ways to make some pips on our instant signals...we find these method after watching past data and our signals closely...
1- 1st method is to not follow target or take profit and Most of the times signal definitely go to 20 to 30pips in positive initially and then make negative turn sometimes, so you can take 20 to 30 pips initially and get out from trade. and put 20 to 30 pips Stoploss. in this method you will not make huge profits but its a secure method and if you consider trade standard lot means 10x20= $200 in one pair trade. can be calculated with 4 pairs average positive.
2- The 2nd method is to follow Target /Take profit and you will close position after making 60 to 70 pips depends on signal but sometimes chances are Stoploss triggered. in this case you are in risk sometimes you will loose sometimes you will make huge profits. but in this method if you want to trade secure you need our Technical strategy so you can see where signal will turn its trend and go negative.
The other good method is our Forex scalping strategy, The Forex strategy method will tell you where to exit and where to buy in the forex market, this strategy method itself is good to tell you the good signals but is also best way to trade with fxforecaster signals.
So it depends on you how you want to make some profits.
We are also going to start Blog Place so we can save updates on stoploss and these type of emails in blogs. suggestions are welcome Please feel free to contact us.
Have a Nice trade !
Thanks and Best Regards
Fxforecaster Team
www.fxforecaster.com
Access Forex Trade Signals at Fxforecaster.com
Hi Traders !
Now a days receiving emails from users about guidance... to guide them proper way of making some pips in trading on our signals, so we added some tips and trading rules on website and you will find it on different places, So we decided to send this email to guide all the traders to make some pips...
There are two ways to make some pips on our instant signals...we find these method after watching past data and our signals closely...
1- 1st method is to not follow target or take profit and Most of the times signal definitely go to 20 to 30pips in positive initially and then make negative turn sometimes, so you can take 20 to 30 pips initially and get out from trade. and put 20 to 30 pips Stoploss. in this method you will not make huge profits but its a secure method and if you consider trade standard lot means 10x20= $200 in one pair trade. can be calculated with 4 pairs average positive.
2- The 2nd method is to follow Target /Take profit and you will close position after making 60 to 70 pips depends on signal but sometimes chances are Stoploss triggered. in this case you are in risk sometimes you will loose sometimes you will make huge profits. but in this method if you want to trade secure you need our Technical strategy so you can see where signal will turn its trend and go negative.
The other good method is our Forex scalping strategy, The Forex strategy method will tell you where to exit and where to buy in the forex market, this strategy method itself is good to tell you the good signals but is also best way to trade with fxforecaster signals.
So it depends on you how you want to make some profits.
We are also going to start Blog Place so we can save updates on stoploss and these type of emails in blogs. suggestions are welcome Please feel free to contact us.
Have a Nice trade !
Thanks and Best Regards
Fxforecaster Team
www.fxforecaster.com
Access Forex Trade Signals at Fxforecaster.com
Thursday, September 13, 2007
The Currency Trading market Situation
The US Dollar depreciation is increasing and inflation is rising in the US day by day due to the bad economical data situation and Fed already cut the interest rates so the currency market is unpredictable now a days, so trade according to the situation as market is not range bound, but its a trend market where mostly forecast go wrong due to the trendy forex market. The US officials are asking Fed to cut interest rate again, so the upcoming Fed decision will be important today at 14:00 PM EST, today we also have US Jobless claims at 8:30 AM EST which will be also important for US dollar in currency market. So trade accordingly.
Have a Nice Trade !
Have a Nice Trade !
Saturday, September 1, 2007
Fxforecaster Forex Blog Spot
Welcome to Fxforecaster Blog Spot and We will update this blog spot time to time.
So we will send instant signals changings here…. if we found that there is any changes in the instant signal later on.
So we will send instant signals changings here…. if we found that there is any changes in the instant signal later on.
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