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Forex Video Forecast: EURUSD and USDJPY : Yesterday's Trades -45 and + 25 PIPs

Posted 11-03-2009 at 07:42 PM by ForexActiveTraders
The EURUSD trade from the last post was stopped out first for a loss of 45 pips and then we were taken into the sell trade for 70+ pips for a net positive day on the EURUSD, please validate with the video from the last session. There has been some nice up and down price active on the intraday price action but for the most part price has been ending up the day continuing its battle with the daily trendline that it has been on. We are looking for one buy trade and one sell trade to develop. Please take a few minutes to view the following video for the trade setups that we are looking to develop. Thank you for viewing our Forex training video.

The USDJPY trade from the last post ran over 25+ pips, please validate with the video from the last session. We have two possible trades that we are watching to develop one is based on the trendline that was created today and one is on the 4 hour resistance trendline. Please take a few minutes to view the following video for the trade setups that we are looking to develop. Thank you for viewing our forex training video.

http://www.youtube.com/watch?v=Sc9k6eNDRYg

Good Hunting,

Seth Gregory
www.forexactivetrader.com
www.fxdailytrades.com
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BIO:
This blog is to help 1000s of more traders find and see real trades BEFORE they happen. We look at price action in the LIVE market, we train you to trade the Forex in the LIVE market. To help those wanting to learn to trade to know that anyone can learn to trade. We are sick and tired of the 'monday morning quarter back' information that so perfectly shows what you should have done. Join us in looking ahead at that markets and what we should DO in advance. Trading is not about magic, it is about consistency. Please take full advantage of these LIVE Forex training sessions posted here and if you wish at www.forexactivetrader.com

Email us with any suggestions: sgregory@forexactivetrader.com

Follow the money not the hype- following the money gets you better trades AND makes you a more successful trader.


The www.forexactivetrader.com
program was released in 2006 providing 1000s of members with technical analysis, specialty trading tools and trading education. The forexactivetrader.com program is conducted with members during the LIVE market where LIVE analysis and trading support are conducted on all currency pairs and time frames. The program is conducted by asset managers providing real world experience. Please see the free Forex education we are developing at www.fxdailytrades.com.



TRADING METHODOLOGY
www.forexactivetrader.com analysis is based heavily on technical analysis along with the blending of important fundamental analysis and using the technical analysis to find higher probability trades.

CURRENCIES TRADED:
EURUSD, EURJPY, GBPUSD, GBPJPY, USDJPY, AUDUSD, AUDJPY, USDCAD, CADJPY, EURCHF, EURGBP, EURCAD, USDCHF, CHFJPY, NZDUSD, NZDJPY. Also oil, gold, futures and equities.


Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

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