Fxforecaster Forex Signals and Currency Trading Blog

Forex Trading Tips

2008-09-27T16:58:00.000-07:00

Hi All traders,

Thought to give you some tips on forex trading in this Article, here are few points and tips i do it for personal trading on fxforecaster signals if you follow you can make some profit:

1- We recommend to open Trades on all of our signals and one or two trades will go negative and other will be positive but overall you will be in profit.

2- Must Enter at Exact Entry Point in signal with in 5 to 10 pips, if you missed entry then don't enter in trade.

3- Use of of our recommended Method mentioned in the article listed here.

4- The Best Time to Trade is in European session to US session its between 3 AM to 10 AM EST which is exactly 9 o clock morning to 12 afternoon in Europe.

5- We recommend to Trade Securely and take 20 to 30 pips and close the trades and put 40 to 50 pips stoploss, that's best trading method and stick with this rule will lead you to a winner in forex tarding.

6- Remove Emotions ... do trading like robot, No Fear and No Greed

7- Patience is a key in forex. be patient don't be hurry to close trades even if you are negative, wait until your trades become positive. better to put limit and put stoploss and sleep or go somewhere.

8- Dont take risk and use best leverage of your Capital, and open small lots.

Thanks Have a Nice Trading

Fxforecaster Team

CAD and NFP Data is expected in favor of Euro

2008-06-06T02:46:00.000-07:00

News Update for Friday, June06, 2008 (8:30 AM EST US NY Time)

We have total three important data news today two of them coming out of US at 8:30 AM EST and other one from Canada at 7:00 AM EST time, this is very important and exciting event.

CAD Jobs Data at 7:00 AM EST

US NFP Data at 8:30 AM EST

Extreme caution required on this data news event so trade forex signals accordingly...

CAD JOBS DATA :

First Major News coming out from Canada is Jobs- Net Change Data which is most important news, it will come out from Canada around 07:00 AM EST. The expected number to come is 10K versus 19.2K of last month. if the Canadian jobs data comes out less than 0K or negative bellow zero it will spike up the USD/CAD by 50 pips or more in the first 60 minutes of the data news. don't miss the initial spikes, if the Canadian jobs data comes at 25K or higher, it causes the USD/CAD down by 40 to 50 pips in the first few 60 minutes of the data news.

Special Signals for CAD Data Event !

Sell USD/CAD if CAD data comes around 25K+, the target will be 50 pips --Open Short/Sell-- Wait for Entry

Sell EUR/CAD if CAD data comes around 25K+, the target will be 50 pips --Open Short/Sell-- Wait for Entry

Buy USD/CAD if CAD data comes at 0K or negative, target is 50 pips--Open Buy/Long--Wait for Entry

Buy EUR/CAD if CAD data comes at 0K or negative, target is 50 pips--Open Buy/Long--Wait for Entry

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US Non Farm Payroll Data:

This time Non farm payroll is expected lower than last month, On this first Friday of the month of January the US Non-Farm Payroll data is coming out from US. The previous number was -20 K, Now we are Expecting NFP data around -57K.
If the NonFarm data comes out around -10 K or near zero we will Sell EUR/USD and GBP/USD, but if the data comes around -90K or more negative, our strategy would be to Buy/Long EUR/USD and GBP/USD and target will be 50 to 80 pips on either side.

Special Signals for US NFP Data Event !

Sell EUR/USD if NFP Data comes around -10K, the target will be 60 pips--Open Short/Sell -- Wait for Entry

Buy EUR/USD if NFP Data comes around -90K, the target will be 60 pips--Open Buy/Long -- Wait for Entry

Sell USD/JPY if NFP Data comes around -90K, the target will be 80 pips--Open Short/Sell -- Wait for Entry

Buy USD/JPY if NFP Data comes around -10K, the target will be 80 pips--Open Buy/Long -- Wait for Entry

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Traders are advised to Trade Instant Signals according to the News.. Newbie traders are advised to trade this event on demo account. if your Broker's platform wide their spreads during news time don't try to trade news data on that platform.

Traders are advised to put their own stop-loss and limits according to their own experience on open trades.

This Update will be also available on our blog shortly

Have a nice trade !

Fxforecaster Team

Disclaimer: Fxforecaster's market analysis is not investment advice and must not be taken as recommending particular market positions. Fxforecaster.com can take no responsibility for any actions taken by investors.This email is never unsolicited, this email sent you as you subscribed on Fxforecaster.com for its services.

NFP is expected same -80 K as last month

2008-05-02T03:20:00.000-07:00

News Update for Friday, May02, 2008 (8:30 AM EST US NY Time)

We have only one important data news today which is coming out of US at 8:30 AM EST, this is very important and exciting event as ever.

US NFP Data at 8:30 AM EST

Extreme caution required on this data news event so trade forex signals accordingly...

US Non Farm Payroll Data:

This time Non farm payroll is expected lower than last month, On this first Friday of the month of January the US Non-Farm Payroll data is coming out from US. The previous number was -80 K, Now we are Expecting NFP data around -70K.
If the NonFarm data comes out around minus -20 K we will Sell EUR/USD, but if the data comes around -120K or more negative then our strategy would be to Buy/Long EUR/USD and target will be 50 to 80 pips on either side.
Must look for other data which is the unemployment rate. expected is 5.1 to 5.2 so atleast 0.2 deviation can make difference and it is considerable deviation because if it is conflicting with data news be careful to trade.

Special Signals for US NFP Data Event !

Sell EUR/USD if NFP Data comes around -20K, the target will be 60 pips--Open Short/Sell--Wait for Entry

Buy EUR/USD if NFP Data comes around -120K, the target will be 60 pips--Open Buy/Long--Wait for Entry

Sell USD/JPY if NFP Data comes around-120K, the target will be 80 pips--Open Short/Sell--Wait for Entry

Buy USD/JPY if NFP Data comes around -20K, the target will be 80 pips--Open Buy/Long--Wait for Entry

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Traders are advised to put their own stop-loss and limits according to their own experience on open trades.

Have a nice trade !

Fxforecaster Team

How to Use Fxforecaster Signals Properly

2008-04-16T23:11:00.000-07:00

How to Use Fxforecaster Signals Properly and make some pips on instant forex signals and alerts :

This article is old but thought to post here for new users:
We are receiving emails from users for guidance... guidance of proper way to make some pips in forex trading on our instant 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 Three Methods to make some pips on our instant signals...we find these method after watching past data and our signals closely...

1- First Method is to take 20 to 30 Pips initially and close the trade as soon as possible and not to follow Target (TP) mentioned in the signals because most of the times signal definitely go to 20 to 30 pips in positive initially and then make negative turn sometimes, so you can take 20 to 30 pips initially and close the trade. you can put 30 to 40 pips Stoploss, in this method you will not make huge profits but its a secure method and if you consider trading with standard lot that means 10x20= $200 in one pair trade. and $1000 in 5 trades you can calculat with 4 pairs average positive.

2- Second Method is to follow Target (TP) and close positions after making 50 to 60 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 or go negative so you can close trades.

3- The Third Method is really good and recommended which is our Scalping Strategy Method, The Forex Scalping strategy method will give you Buy and Sell signals with green and red Arrows and it will tell you where to exit and where to buy in the forex market with some good indicators, this strategy method itself is good system to produce good forex signals and also best way to trade with fxforecaster signals.

For more information on our strategies please visit the bellow link:

http://www.fxforecaster.com/index.php?option=com_staticxt&staticfile=forex_strategy.htm&Itemid=62

Choose any method any must read the forex rules we have listed on our website, the trading depends on you how you want to make some profits in forex and what method you will choose. so choose any method and start trading.... Best of Luck...

If you have any suggestions to help others please contact us freely.

Thanks and Best Regards
Fxforecaster Team
www.fxforecaster.com

US Non form payroll expected -55K

2008-04-04T02:53:00.000-07:00

News Update for Friday, April04, 2008 (8:30 AM EST US NY Time)

We have total three important data news today two of them coming out of US at 8:30 AM EST and other one from Canada at 7:00 AM EST time, this is very important and exciting event.

CAD Jobs Data at 7:00 AM EST

US NFP Data at 8:30 AM EST

Extreme caution required on this data news event so trade forex signals accordingly...

CAD JOBS DATA :

First Major News coming out from Canada is Jobs- Net Change Data which is most important news, it will come out from Canada around 07:00 AM EST. The expected number to come is 13.5K versus 43.3K of last month. if the Canadian jobs data comes out less than 2K or lower near to zero, it will spike up the USD/CAD by 50 pips or more in the first 60 minutes of the data news. don't miss the initial spikes, if the Canadian jobs data comes at 25K or higher, it causes the USD/CAD down by 40 to 50 pips in the first few 60 minutes of the data news.

Special Signals for CAD Data Event !

Sell USD/CAD if CAD data comes around 25K+, the target will be 50 pips -- Open Short/Sell -- Wait for Entry

Sell EUR/CAD if CAD data comes around 25K+, the target will be 50 pips -- Open Short/Sell -- Wait for Entry

Buy USD/CAD if CAD data comes bellow 2K, the target will be 50 pips -- Open Buy/Long -- Wait for Entry

Buy EUR/CAD if CAD data comes bellow 2K, the target will be 50 pips -- Open Buy/Long -- Wait for Entry

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US Non Farm Payroll Data:

This time Non farm payroll is expected lower than last month, On this first Friday of the month of January the US Non-Farm Payroll data is coming out from US. The previous number was -63 K, Now we are Expecting NFP data around -55K.
If the NonFarm data comes out around zero K or higher we will Sell EUR/USD and GBP/USD, but if the data comes around -80K or more negative, our strategy would be to Buy/Long EUR/USD and GBP/USD and target will be 50 to 80 pips on either side.

Special Signals for US NFP Data Event !

Sell EUR/USD if NFP Data comes around 0K, the target will be 60 pips- Open Short/Sell -- Wait for Entry

Buy EUR/USD if NFP Data comes around -80K, the target will be 60 pips -- Open Buy/Long -- Wait for Entry

Sell USD/JPY if NFP Data comes around-80K, the target will be 80 pips- Open Short/Sell -- Wait for Entry

Buy USD/JPY if NFP Data comes around 0K, the target will be 80 pips -- Open Buy/Long -- Wait for Entry

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Traders are advised to put their own stop-loss and limits according to their own experience on open trades.

US NFP Data Expected 25K

2008-03-07T02:31:00.000-08:00

News Update for Friday, Mar07, 2008 (8:30 AM EST US NY Time)
We have total three important data news today two of them coming out of US at 8:30 AM EST and other one from Canada at 7:00 AM EST time, this is very important and exciting event.
CAD Jobs Data at 7:00 AM EST
US NFP Data at 8:30 AM EST

Extreme caution required on this data news event so trade forex signals accordingly...
CAD JOBS DATA :

First Major News coming out from Canada is Jobs- Net Change Data which is most important news, it will come out from Canada around 07:00 AM EST. The expected number to come is 8K versus 46K of last month. if the Canadian jobs data comes out less than 2K or lower near to zero, it will spike up the USD/CAD by 50 pips or more in the first 60 minutes of the data news. don't miss the initial spikes, if the Canadian jobs data comes at 25K or higher, it causes the USD/CAD down by 40 to 50 pips in the first few 60 minutes of the data news.

Special Signals for CAD Data Event !

Sell USD/CAD if CAD data comes around 25K+, the target will be 50 pips --Open Short/Sell-- Wait for Entry

Sell EUR/CAD if CAD data comes around 25K+, the target will be 50 pips --Open Short/Sell-- Wait for Entry

Buy USD/CAD if CAD data comes bellow 2K, the target will be 50 pips --Open Buy/Long -- Wait for Entry

Buy EUR/CAD if CAD data comes bellow 2K, the target will be 50 pips --Open Buy/Long -- Wait for Entry

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US Non Farm Payroll Data:

Special Signals for US NFP Data Event !

Sell EUR/USD if NFP Data comes above 30K, the target will be 60 pips- Open Short/Sell -- Wait for Entry

Sell GBP/USD if NFP Data comes above 30K, the target will be 60 pips- Open Short/Sell -- Wait for Entry

Buy EUR/USD if NFP Data comes bellow 5K, the target will be 60 pips -- Open Buy/Long -- Wait for Entry

Buy GBP/USD if NFP Data comes bellow 5K, the target will be 60 pips -- Open Buy/Long -- Wait for Entry

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Traders are advised to put their own stop-loss and limits according to their own experience on open trades.

Have A Nice Trade !

Fxforecaster Team

Disclaimer:
Fxforecaster's market analysis is not investment advice and must not be taken as
recommending particular market positions. Fxforecaster.com can take no
responsibility for any actions taken by investors.This email is never
unsolicited, this email sent you as you subscribed on Fxforecaster.com for its
services.

The US Economy and Fed Rate Cut

2008-02-07T16:32:00.000-08:00

Economists says that The US. Economy is in deep trouble and the negative trend for the dollar still remains and stock market condition is still in problem, NFP jobs data also came negative last week, so all major currencies and the commodities including Gold and Silver are expected to go more higher against dollar in next week, currency market is also in bad condition due to stock market impact on forex market, please be careful while trading, Fed cut the rate recently to 3.50 and now fed is expected to cut the rate again in February it can be emergency rate cut any time, or may be in starting of march to support the Stock exchange, Gold prices fell as investors continued to take profits as they did towards the end of last week. we are expecting Fed will again cut the rate to support the stock exchange may be in the beginning of march or may be earlier, so the major Currencies and Commodities long term trend is up and recommended to stay long, be ready for spikes in all pairs soon.

New Members are advised to read our blog here carefully:
http://fxforecaster.blogspot.com/2007/09/make-some-pips-on-instant-forex-sgnals.html

As we are planning to close the forecast page(not instant signals) we got so many suggestions and thanks to all of you who send us emails and give opinions

Have a nice trade everyone !
Fxforecaster Team -

NFP and CAD IVEY PMI !

2008-01-04T03:03:00.001-08:00

News Update for Friday, Jan04, 2008 (8:30 AM EST US NY Time)

We have total three important data news today two of them coming out of US at 8:30 AM EST and other one from Canada at 10:00 AM EST time, this is very important and exciting event.

CAD IVEY PMI Data
US NFP Data

Extreme caution required on this data news event so trade forex signals accordingly...

CAD IVEY PMI DATA :

First Major News coming out from Canada is Ivey PMI Data which is most important news, it will come out from Canada around 10:00 AM EST US time.

The expected number to come is 51.5 versus 58.7 of last time. if the Canadian ivey data comes out at 48 or bellow it will spike up the USD/CAD by 50 pips or more in the first 60 minutes of the data news. don't miss the initial spikes, and if the Canadian Ivey PMI data comes at 55 or higher, it causes the USD/CAD down by 40 to 50 pips in the first few 60 minutes of the data news.

Strategy:

Sell USD/CAD if CAD Ivey PMI data comes around 55, the target will be 50 pips

Sell EUR/CAD if CAD Ivey PMI data comes around 55, the target will be 50 pips

Buy USD/CAD if CAD Ivey PMI data comes around 48, the target will be 50 pips

Buy EUR/CAD if CAD Ivey PMI data comes around 48, the target will be 50 pips

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US Non Farm Payroll Data:

This time Non farm payroll is expected lower than last month, On this first Friday of the month of January the US Non-Farm Payroll data is coming out from US. The previous number was 94 K, Now we are Expecting NFP data around 70K.

If the NonFarm data comes out above 130K or higher we will Sell EUR/USD and GBP/USD, but if the data comes around 40K or lower, our strategy would be to Buy/Long EUR/USD and GBP/USD and target will be 50 to 80 pips on either side.

Strategy:

Sell EUR/USD if NFP Data comes above 130K, the target will be 60 pips

Sell GBP/USD if NFP Data comes above 130K, the target will be 60 pips

Buy EUR/USD if NFP Data comes bellow 40K, the target will be 60 pips

Buy GBP/USD if NFP Data comes bellow 40K, the target will be 60 pips

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Traders are advised to put their own stop-loss and limits according to their own experience on open trades.

This Update will be also available on our blog shortly

Disclaimer:
Fxforecaster's market analysis is not investment advice and must not be taken as recommending particular market positions. Fxforecaster.com can take no responsibility for any actions taken by investors.This email is never unsolicited, this email sent you as you subscribed on Fxforecaster.com for its services.

Happy New Year to All of Fxforecaster Members

2008-01-04T02:58:00.000-08:00

Happy New Year to All of Fxforecaster Members !

NFP Data is expected lower than last month

2007-12-07T03:34:00.000-08:00

News Update for Friday, Dec07, 2007 (8:30 AM EST US NY Time)

We have total three important data news today two of them coming out of US at 8:30 AM EST and other one from Canada at 07:00 AM EST time, this is very important and exciting event.

CAD Jobs Data at 7:00 AM EST

US NFP Data at 8:30 AM EST

Extreme caution required on this data news event so trade forex signals accordingly...

CAD JOBS DATA :

First Major News coming out from Canada is Jobs- Net Change Data which is most important news, it will come out from Canada around 07:00 AM EST US time.

The expected number to come is 10K versus 63K of last month. if the Canadian jobs data comes out at 0.5K or lower bellow the zero, it will spike up the USD/CAD by 50 pips or more in the first 60 minutes of the data news. don't miss the initial spikes, and if the Canadian jobs data comes at 30K or higher, it causes the USD/CAD down by 40 to 50 pips in the first few 60 minutes of the data news.

Strategy:

Sell USD/CAD if CAD jobs data comes around 30K+, the target will be 50 pips

Sell EUR/CAD if CAD jobs data comes around 30K+, the target will be 50 pips

Buy USD/CAD if CAD jobs Data comes bellow 0.5K, the target will be 50 pips

Buy EUR/CAD if CAD jobs Data comes bellow 0.5K, the target will be 50 pips

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US Non Farm Payroll Data:

This time Non farm payroll is expected lower than last month, On this first Friday of the month of December the US Non-Farm Payroll data is coming out from US. The previous number was 166 K, Now we are Expecting NFP data around 75K.
If the NonFarm data comes out above 150K or higher we will Sell EUR/USD and GBP/USD, but if the data comes around 40K or lower, our strategy would be to Buy/Long EUR/USD and GBP/USD and target will be 50 to 80 pips on either side.

Strategy:

Sell EUR/USD if NFP Data comes above 150K, the target will be 60 pips

Sell GBP/USD if NFP Data comes above 150K, the target will be 60 pips

Buy EUR/USD if NFP Data comes bellow 40K, the target will be 60 pips

Buy GBP/USD if NFP Data comes bellow 40K, the target will be 60 pips

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Traders are advised to Trade Instant Signals according to the News.. Newbie traders are
advised to trade this event on demo account. if your Broker's platform wide their spreads during news time don't try to trade news data on that platform.

Traders are advised to put their own stop-loss and limits according to their own experience on open trades.

This News Letter is also Available on our Forex Signal and News Blog at :http://fxforecaster.blogspot.com/

Best Regards
Fxforecaster Team
http://www.fxforecaster.com/

Disclaimer:
Fxforecaster's market analysis is not investment advice and must not be taken as
recommending particular market positions. Fxforecaster.com can take no
responsibility for any actions taken by investors.This email is never
unsolicited, this email sent you as you subscribed on Fxforecaster.com for its
services.

Thanksgiving holiday in US

2007-11-21T00:54:00.000-08:00

Today We have two important announcements !

1 - Due to the Thanksgiving holiday in US, the currency markets will be closed for holiday, so our signal service is closed on 23rd November Friday, Service will begin for signals again on Monday.

2- One more announcement is that we decided to change our mailing method finally, and to make our services better we changed our hosting server recently, because of mailing system our Gold Members and some of Platinum members receiving emails late and its hard to put trades on time specially in fast paced market, but due to new mailing system some of our users were not able to receive emails, but for new method all the users are again
requested to please add our email address in your safe list (in most free email system like yahoo and hotmail) and in your address book (most email systems) so the emails wouldn't go to junkbox of your email system next time. some of users who use spam assassin in their hosting please make sure
you are are receiving emails in inbox and not going in junkbox.

Happy Holidays !

Thanks and Best Regards
Fxforecaster Team www.fxforecaster.com

Dollar expected to rise on today's NFP Data !

2007-11-02T03:47:00.000-07:00

Dollar is Expected to rise on Today's NFP Data !

News Update for Friday, Nov 02, 2007 (7:00 and 8:30 AM EST US NY Time)

We have total three important data news today two of them coming out of US at 8:30 AM EST and other one from Canada at 07:00 AM EST time, this is very important and exciting event.

CAD Jobs Data at 7:00 AM EST
US NFP Data at 8:30 AM EST
Extreme caution required on this data news event so trade forex signals accordingly...
CAD JOBS DATA :

First Major News coming out from Canada is Jobs- Net Change Data which is most important news, it will come out from Canada around 07:00 AM EST. The expected number to come is 12K versus 51.1K of last month. if the Canadian jobs data comes out less than 5K or lower near to zero, it will spike up the USD/CAD by 50 pips or more in the first 60 minutes of the data news. don't miss the initial spikes, if the Canadian jobs data comes at 35K or higher, it causes the USD/CAD down by 40 to 50 pips in the first few 60 minutes of the data news.
--------------------------------------------------------------------------------------
US Non Farm Payroll Data:
This time Non farm payroll is confusing because of negative reading last month, On this first Friday of the month of October the US Non-Farm Payroll data is coming out from US. The previous number was 110 K, Now we are Expecting NFP data around 80K. If the NonFarm data comes out above 110K or higher we will Sell EUR/USD and GBP/USD, but if the data comes around 50K or lower, our strategy will be to Buy/long EUR/USD and GBP/USD and target will be 50 to 80 pips on either side.
--------------------------------------------------------------------------------------

Traders are advised to Trade Instant Signals according to the News.. Newbie traders are advised to trade this event on demo account. if your Broker's platform wide their spreads during news time don't try to trade news data on that platform.

Traders are advised to put their own stop-loss and limits according to their own experience on open trades.

This News Letter is also Available on our Forex Signal and News Blog at:http://fxforecaster.blogspot.com/

Thanks and Best Regards
Fxforecaster Team
www.fxforecaster.com

Disclaimer: Fxforecaster's market analysis is not investment advice and must not be taken as recommending particular market positions. Fxforecaster.com can take no responsibility for any actions taken by investors.This email is never unsolicited, this email sent you as you subscribed on Fxforecaster.com for its services.

Our Partner site launched Free News trader chatroom and Free forex signals

2007-11-02T03:44:00.000-07:00

Our Partner site launched Free News trade chatroom and Free forex signals, You can join at:
http://www.fxtraderchat.com/

We also launched our website for gold and silver forecast signals please visit at:
www.goldsilverforecast.com

Thanks and Best Regards
Fxforecaster Team
www.fxforecaster.com

Best News sites to check News data

2007-10-05T05:15:00.000-07:00

Best News sites to check News data

I got many emails from our clients they ask for good data news site so we can check forex data news and react upon news and get some pips in forex trading, i don't mind telling people about any good website, but some forex brokers websites really give delay intentionally to delay the data number so users can't react on news trade but some forex websites shows news data before any one and dafinately those are not broker's websites and may be forex signal provider's websites, any way i am not here to discuss brokers or forex signals, just to let you guys know about data news websites so here are the popular websites:

http://www.bloomberg.com expensive but fast

http://www.tradethenews.com average price fast

http://www.newsstrike.com so far its free and fast in audio format

http://www.forexfactory.com free and fast in text format

http://www.easy-forex.com free and slow in text format

Thanks and Best Regards
Fxforecaster Team
www.fxforecaster.com

Today NFP Data is probably expected in the favor of Dollar

2007-10-05T01:36:00.000-07:00

News Update for Friday, Oct 05, 2007 (8:30 AM EST US NY Time)

We have total three important data news today two of them coming out of US at 8:30 AM EST Sep 07 and other one from Canada at 07:00 AM EST time, this is very important and exciting event.

CAD Jobs Data at 7:00 AM EST

US NFP Data at 8:30 AM EST

Extreme caution required on this data news event so trade forex signals accordingly...

CAD JOBS DATA :

First Major News coming out from Canada is Jobs- Net Change Data which is most important news, it will come out from Canada around 07:00 AM EST. The expected number to come is 16K versus 23K of last month. if the Canadian jobs data comes out at 5K or lower near to zero, it will spike up the USD/CAD by 50 pips or more in the first 60 minutes of the data news. don't miss the initial spikes, if the Canadian jobs data comes at 32K or higher, it causes the USD/CAD down by 40 to 50 pips in the first few 60 minutes of the data news.

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US Non Farm Payroll Data:

This time Non farm payroll is confusing because of negative reading last month, On this first Friday of the month of October the US Non-Farm Payroll data is coming out from US. The previous number was -4 K, Now we are Expecting NFP data around 100K. If the NonFarm data comes out above 140K or higher we will Sell EUR/USD and GBP/USD, but if the data comes around 50K or lower, our strategy will be to Buy/long EUR/USD and GBP/USD and target will be 50 to 80 pips on either side.

------------------------------------------------------------------------------------------------

Traders are advised to put their own stop-loss and limits according to their own experience on open trades.

This News Letter is also Available on our Forex Signal and News Blog at:
http://fxforecaster.blogspot.com

Today is Imprtant News Day

2007-09-27T04:14:00.000-07:00

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

Dollar is falling after CPI fell 0.1%

2007-09-20T16:12:00.000-07:00

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

The Fed has cut the discount rate !

2007-09-19T01:45:00.000-07:00

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

Make some pips on instant forex signals and alerts

2007-09-19T01:39:00.000-07:00

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

The Currency Trading market Situation

2007-09-13T01:09:00.001-07:00

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 !

Fxforecaster Forex Blog Spot

2007-09-01T12:25:00.000-07:00

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.