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FX Imbalance and Market Timing Alert

Posted 09-09-2009 at 07:19 AM by Britt Maras
Forex Market: Upper Time Compression Technical Commentary

European Fundamentals Not Supportive Versus US Dollar

I rarely trade the Week time compression but right now it is worth sharing some comments. Let’s start with today, we have a Market Timing Alert forex signal:

Wed Sept. 9: 9:40-10:20 a.m. EDT start window for 3 hours duration with moderate to strong price action

Now onto the big picture view and forex trading: My week time compression offers a potential bullish thrust towards 1.5000 – which if it occurs may be extremely exhaustive and could lead to a collapse in the pair. Potential remains that key resistance at 1.4733-79 could offer a quick stall and any move above 1.4819...
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The Autumn Run in the FX World

Posted 09-08-2009 at 01:28 PM by Britt Maras
Forex Trading to Improve Through Year End

Goodbye to August, a questionable one at that, as we get ready for what is likely to be a fantastic autumn FX market. I anticipate Market Timing Alerts to be restored to normal forex signal levels with effective technical price action and I expect liquidity but more so technical performance to normalize and be contained within efficient technical patterns.

I extend a gracious ‘thank you’ to all of our forex traders in the Timing the Markets Trade Room for their patience during a tumultuous August forex trading period. I know all of us are eager and look forward to resumption of more normal price patterns and market timing systems.

Macro Market Comments:...
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Forex Trading: U.S Dollar Index Takes Center Stage

Posted 07-13-2009 at 05:29 PM by Britt Maras
Forex Traders see EUR/USD Face Key Resistance Levels

My classic July Tsunami is trying to form in the U.S. Dollar Index. I do not trade the Index but I prefer to focus on the next best place to trade the Dollar, in my opinion, as seen in the EUR/USD or GBP/USD. On a daily basis now the European Central Bank (ECB) is striving to talk-down the pair by honestly acknowledging the economic struggles in Europe and of course the rest of the world. In tandem with this, European banks are facing a high debt load with the normally high savings deposit rates by their customers; equilibrium usually prevails.

On a serious note – an increase in Dollar strength is much preferred fundamentally for the world economic outlook as...
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Forex Trading Update: U.S. Dollar Index is Setting the Tone

Posted 07-12-2009 at 05:17 PM by Britt Maras
Updated 07-12-2009 at 05:42 PM by Britt Maras (text)
EUR/USD Faces One More Round of Seven Week Old Consolidation

Currently the U.S. Dollar Index has been contained in a very harmonic price action pattern. Its structural formation is much cleaner than any currency pair amongst the top five. If the 80.70 level does not reject on a 1 hour candle (currently 80.24) then indeed the US Dollar is in for a multi-week bullish pattern which is likely to show very aggressively in the EUR/USD and GBP/USDS. The Index is perched on support immediately at 84.20 with key but critical support at 79.50 in view.

Friday we shorted the GBP/USD for a quick 50 pip profit to finish the week with nearly 100 pips per lot of profit.

I would prefer to see the EUR/USD and GBP/USD...
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Britt Maras is a special Guest Analyst and Trader with forexforums at dailyfx.com, an experienced Market Strategist and Technical Analyst with more than seven years experience: Britt specializes in price action and market timing trade advisory. Britt is the Senior Currency Strategist and Chief Trader in "Timing the Markets Trade Room"
at http://www.forextradersdaily.com

Market Timing Alerts This Alert gives Forex Traders advance notice as to when the Forex Market price structure can be expected to provide sufficient and liquid price action to maximize profits. Typically there is several alerts per week, and may be issued with advance notice. This Forex Signal has proven to be very accurate, effective and consistent.

Forex Market Forecasts The EUR/USD Forecast provides a thoughtful and well reasoned analysis of expected market direction. This roadmap of price action (including defined support and resistance levels, expected market direction and a description of events that will occur relating to price action) is provided in a well written, timely and consistent manner.

For more information and increased market expectations you can visit http://www.forextradersdaily.com


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