April 11, 2009
New forex trade video and 500 pip trade
Hello Everyone,
First I want to wish everyone who celebrates the Easter holidays a very happy holiday weekend.
Last week was a another prime example of how my simple forex market reversal levels could yield some big gains without too much trouble.
I have just completed a video about a nice trade that setup on the GBP/JPY last monday for a profit potential of near 500 pips. Now please keep in mind that doesn't mean you could have got the whole amount, but 100 -300 pips should have been possible with good money management and a healthy dose of patience.
Anyway… To watch the video click here:
I hope this gives you some food for thought that can help you though these current tricky market conditions.
Until next week, peace and prosperity,
Jeff Wilde
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Key Market Reversal Levels for April 12 - April 17 |
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GBP/USD |
EUR/USD |
USD/JPY |
GBP/JPY |
USD/CHF |
|
| Turning Point Down #3 | 1.5657 | 1.3829 | 107.22 | 158.84 | 1.2025 |
| Turning Point Down #2 | 1.5307 | 1.3591 | 104.96 | 155.50 | 1.1843 |
| Turning Point Down #1 | 1.4966 | 1.3358 | 102.50 | 150.28 | 1.1697 |
| Turning Point Up #1 | 1.4470 | 1.3000 | 98.00 | 144.50 | 1.1412 |
| Turning Point Up #2 | 1.4091 | 1.2795 | 95.98 | 140.91 | 1.1248 |
| Turning Point Up #3 | 1.3838 | 1.2562 | 94.06 | 135.00 | 1.1102 |
| Intermediate Trend Direction |
Up | Up | Up | Up | Down |
| Major Trend Direction | Down | Down | Up | Down | Up |
| Comments | |||||
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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
