October 31, 2010
Forex Analysis Video
Hello Everyone,
I'm going to include some more market analysis this weekend from my friend Nikos over in Greece. I will also include a 7 minute video from him as well.
I've had some emails asking me why they should bother to listen to this guy. 2 reasons…
1. He has almost 8 million dollars under management. You just don't get to handle that kind of money without having a strong track record.
2. He is especially good at getting into triple digit trades with small risk. Most traders struggle to make 20 pips and the ones who do make big trades have to take really big risks.
Anyway, here's Nikos comments…
Hello Traders!
The eur/usd is still ranging in terms of new swing trading
entries, but the trend is still very long. The bounce of 1.3800
gave us some nice intraday or scalping entries worth over 100
pips already. Now we are watching and waiting for a nice swing
trade entry.
Gbp/Usd looks already a bit different. The price bounced fast
on our strong daily and 4 h trend lines between 1.5650/1.5725
and giving us therefore good long intraday and swing trading
signals.
I executed my long swing positions again at 1.5820 with a stop
at 15750 and took already partly profits. 220 pips profits
for the remaining position and I am aiming for 1.6200 on
longer term for now.
Again a humble trading tip: It is very important to manage your
trade smart and with confidence in you and your system. This
way trading can be much easier than you think.
I hope this was helpful to you
Enjoy your weekend and relax
Nikos
VIDEO ANALYSIS:
To get the newest reversal levels simply look directly below.
Until next week, peace and prosperity,
Jeff Wilde
The Black Dog System will help put the odds in your favor. It has generated 72% winners over the past 2 1/2 years. To read more click here…
|
Key Market |
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|
GBP/USD |
EUR/USD |
USD/JPY |
GBP/JPY |
EUR/JPY |
|
| Turning Point Down #3 | 1.6500 | 1.4750 | 83.91 | 135.00 | 117.50 |
| Turning Point Down #2 | 1.6350 | 1.4500 | 82.38 | 132.44 | 115.61 |
| Turning Point Down #1 | 1.6111 | 1.4181 | 81.34 | 130.00 | 113.75 |
| Turning Point Up #1 | 1.5812 | 1.3695 | 80.00 | 127.50 | 111.50 |
| Turning Point Up #2 | 1.5500 | 1.3500 | 79.00 | 125.00 | 110.00 |
| Turning Point Up #3 | 1.5281 | 1.3288 | 77.50 | 122.50 | 108.10 |
| Intermediate Trend Direction |
Up | Up | Down | Up | Up |
| Major Trend Direction | Up | Up | Down | Down | Down |
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***VERY IMPORTANT: If you are new to our forex market forecast service I urge you to get up to speed on how to get the most out of it. This will also explain what the abbreviations I use mean. To get all the details click this link: Here is a video that will teach you how to get the most out of this newsletter. TO VIEW CLICK HERE: |
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Filed under Forex Newsletter by Jeffrey Wilde


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