March 21, 2009

New forex market updates

jeff-small1Welcome everyone,

As you will notice below I am trying to give this blog a bit of a face lift.  Not because having a pretty looking web-site gives you 1% better information, but because I wanted to present it in a format that will allow you to access the info quicker. The reason I haven't done this way sooner is I simply don't have the time.  To give you an idea of how much time can be drained…  I have spent 5 hours just building the chart below.  There is endless tweaking and fiddling required in the code to make things work as intended.  Anyway, I would have done sooner, but just been too busy trading, coaching and having some fun in between.

Due to popular request..   you will also notice I have added a new pair that I will post important market levels for each week.  The GBP/JPY. 

Some of you may not really see the point or full potential of my market reversal levels but…  Its pays to pay attention to them.  Check out the comments I received from Doug:

"Hello, you gave the highs and lows for several pairs, I set my trades and stops, I went long on the  eur/ usd I believe and got 81 pips. I had my daughter take my out, when it went back down i told a friend, and he got 49 pips, I picked up 19. I got another 20 pips off of another pair when I got off of work."
Thanks, Doug

And remember the price of this info is a whopping big fat zero.  :lol:  

video

Here are a few videos worth watching:

Bear market rally…or serious reversal?

Two Markets…Two Directions (S&P and Crude Oil)

Subject: Can the US Survive 80 Crude?

 

Key Market Reversal Levels for March 23 - March 27
 

GBP/USD

EUR/USD

USD/JPY

GBP/JPY

USD/CHF

Turning Point Down #3 1.5363 1.4894 102.98 158.84 1.2215
Turning Point Down #2 1.4990 1.4372 100.00 150.00 1.1889
Turning Point Down #1 1.4676 1.3923 97.40 143.50 1.1572
 
Turning Point Up #1 1.4000 1.3357 94.17 130.85 1.1000
Turning Point Up #2 1.3490 1.2987 92.53 119.28 1.0625
Turning Point Up #3 1.3000 1.2558 91.20 115.00 1.0360
           
Intermediate Trend
Direction		 Down Up Up Up Up
Major Trend Direction Down Down Down Down Down
 
Comments          

***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:

Filed under Blog, Forex Newsletter by Jeffrey Wilde

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