FAP Turbo Reviewed -Your Forex Trading Platform - Investment - Currency Trading

If you want to make currency trades on the Forex and you want to do it from home, then you need a platform. The Forex trading platform. you use is software that you must have in order to make trades on the Forex. You can find the Forex trading platform you need online or you can find it by using a broker. You cant make a Forex trade without using something that closes the gap between you and the Forex. A Forex trading platform is how you get access to the Forex market in order to place your trades.

You can use a Forex trading platform thats personal-meaning you buy it yourself and install it on your home or business computer or you can turn to the World Wide Web. There are a lot of benefits associated with using either Forex trading platform. One of the main benefits of using a Forex trading platform on the Web is that it goes wherever your computer access goes any time of the day. If you use the Web Forex trading platform and you want to take some time off from home in order to go take up skydiving lessons, you can.

All you would need is for the airplane hangar to have a way for you to run your laptop and you could perform a buy and sell as youre strapping up to the parachute. If youre looking for a Forex trading platform thats the most convenient, then the Web platform is the best choice, but some do cost a little more.

There are, as always, a way to get a free Forex trading platform, but do try to keep in mind that theres no such thing as a free lunch and you do get what you pay for. The free Forex trading platform might not have the same capability as the one you would buy. You might not have access to all the necessary information.If you go through a broker for your Forex trading platform, if he offers you one that you dont like for some reason - maybe its harder to use - then ask for another.

Brokers usually dont limit themselves to just one Forex trading platform. A Forex trading platform can deliver great trades, but you have to have the Forex know-how first, unless you use a 100% completely automated system like FAP Turbo. Dont try to trade, regardless of what a great idea it sounds like until you know the purpose behind a Forex trading platform.

0

Action Insight Weekly Report 3-31-12 (trusted: contact@actionforex.com)

Having trouble viewing this email? Click here

Action Insight	Candlesticks Trades	Markets Summary	Action Bias	Top Movers	Daily Technicals
Calendar	Elliott Wave Trades	Markets Volatility	Pivot Points	Heat Map	Daily Fundamentals

Action Insight Weekly Report	Markets Snapshot
Euro to Extend Rally as EU Boosted Firewall to EUR 800b The major theme last week was buy European majors, sell commodity currencies. Euro was firm on anticipation of the finance ministers meeting during the weekend and on expectation that there would be a final agreement on boosting the firepower of Eurozone's bailout funds. Such expectation was fulfilled as EU finance ministers concluded the meeting by raising the ceiling of the combined lending power of ESM and EFSF to EUR 800b. On the other hand, commodity currencies, in particular Aussie, was pressured on concern of slow down in China. US dollar was mixed as equities consolidated while treasury yield dipped for most of the week. Fiscal year end repatriation balanced selling pressure in the Japanese yen and most yen crosses were stuck in range last week. Full Report Here...
Featured Technical Report
EUR/AUD Weekly Outlook EUR/AUD's rebound from 1.2132 extended further to as high as 1.2900 last week and remained firm. Initial bias remains on the upside this week for 1.2927 resistance next. Break will have larger bullish implication and should at least push for further rise to 61.8% retracement of 1.3808 to 1.2132 at 1.3168 and above. On the downside, below 1.2800 minor support will turn bias neutral and bring consolidations first. But near term outlook will remain cautiously bullish as long as 1.2623 support holds. Read more... EURUSD Technical Outlook USDJPY Technical Outlook GBPUSD Technical Outlook USDCHF Technical Outlook USDCAD Technical Outlook AUDUSD Technical Outlook EURJPY Technical Outlook EURGBP Technical Outlook EURCHF Technical Outlook GBPJPY Technical Outlook

Suggested Readings
The Week in Review and Outlook Weekly Economic and Financial Commentary The Weekly Bottom Line FOMC Minutes and US Labour Market in Focus Weekly Focus: Strength of the Recovery Questioned

Forward this report to a friend! This email was sent to actionforex.20.trader1983@spamgourmet.com by contact@actionforex.com |   Update Profile/Email Address | Instant removal with SafeUnsubscribe™ | Privacy Policy. Action Forex Company Limited | Room 1707, 17/F | Treasure Center | 42 Hung To Road | Kwun Tong | Kowloon | 852 | Hong Kong

Boost Your Profit on Automated Forex Trading - Finance

Foreign Exchange trading happens around the clock with over billions if not trillion of dollar transactions everyday. Hence, Forex market is said to be the most active financial markets. It is the largest market in the world where a currency is traded for anther currency. While a huge number of forex traders have invested more on currency market, some forex traders however rely on automated forex trading programs to help them come up with tough decisions.

Most forex trade investors find it easy to rely on some sort of automated forex trading programs for reasons that they are able to save more time and prevent big losses on the money they invested.

The birth of the Internet as well as the advancement of technology has paved the way to the development of automated forex trading softwares. This opens up an opportunity for anyone who has computer and Internet connection, a good trading platform and a forex brokerage account to participate in the forex market. The forex market has gained tremendous popularity in the recent years. In fact, several banks and big financial institutions are now luring small to medium investors in the forex market.

The growing number of Forex trade investors can't get enough of the automatic forex trading system. It is a tool that provides them extreme assistance on currency specification. The small amount you invest on the system will help you purchase and sell orders in no time. Not just that, an automatic forex trading system can make you become profitable in the forex market despite your lack of expertise in the field of trades. You are able to make trades at anytime you want to, and with or without your presence. So there is no way to miss a single profit on trades even if you are away from your computer.

You can also take advantage of multiple forex trading strategies as well as the different systems offered in the automatic forex trading. The use of different forex trading systems allows you to diversify your investment and the risk involved into something profitable. Even your emotions will not hamper your chances of making profitable trading decisions since you are assisted with an automatic forex system to do the work for you. Your task here is to manage multiple accounts made on your trading platforms, monitor currency pairs, follow them up and execute them all.

Needless to say, automated forex trading system offers you a great advantage on trading multiple accounts and multiple markets simultaneously. In spite of all these, you are still required to learn the fundamental concepts of forex trading, market indicators and the best strategies to execute. You have to remember that an automated forex trading is fully programmable so it may also incur errors.

To ensure consistent trading profits and zero losses, you have to make better decisions and do not just rely on the system. But you can always customize the system according to your needs so as to increase your chances of making profitable trades.

0

Action Insight Mid-Day Report 3-30-12 (trusted: contact@actionforex.com)

Having trouble viewing this email? Click here

Action Insight	Candlesticks Trades	Markets Summary	Action Bias	Top Movers	Daily Technicals
Calendar	Elliott Wave Trades	Markets Volatility	Pivot Points	Heat Map	Daily Fundamentals

Action Insight Weekly Report	Markets Snapshot
Mid-Day Report: Euro Firm Against Dollar as Eurozone Finance Ministers Meet Euro is firm against dollar but fails to extend gain as markets remain cautiously optimistic on Eurozone finance minister meeting. Luxemburg prime minister Juncker tried to cool expectations and that that it won't be possible to " reach a volume of EUR1T" as the "prerequisites" are no there. Juncker said that a proposal to boost the combined firepower of EFSF and ESM to EUR 1T won't be approved today as it "would not find support". Nonetheless, increasing the fund is widely expected as EU Economic and Monetary Affairs Commissioner Rehn said that he's confidence to such a boost as it's time to "complete the crisis response by further reinforcement of the euro-area financial firewalls". Full Report Here...
Featured Technical Report
EUR/USD Mid-Day Outlook Daily Pivots: (S1) 1.3253; (P) 1.3299 (R1) 1.3347; More..... EUR/USD is still struggling in tight range below 1.3385 temporary top and intraday bias remains neutral. Nonetheless, with 1.3191 minor support intact and near term outlook is cautiously bullish. Above 1.3385 will target 1.3486 first and break will confirm resumption of rebound from 1.2625 and will target 61.8% retracement of 1.4246 to 1.2625 at 1.3627 next. On the downside, below 1.3191 minor support will mix up the outlook and turn focus back to 1.3003 support. Read more... EURUSD Technical Outlook USDJPY Technical Outlook GBPUSD Technical Outlook USDCHF Technical Outlook USDCAD Technical Outlook AUDUSD Technical Outlook EURJPY Technical Outlook EURGBP Technical Outlook EURCHF Technical Outlook GBPJPY Technical Outlook

Economic Indicators Update
GMT Ccy Events Actual Consensus Previous Revised 21:45 NZD Building Permits M/M Feb -6.70% 0.00% 8.30% 23:01 GBP GfK Consumer Sentiment Mar -31 -29 -29 23:15 JPY Nomura/JMMA Manufacturing PMI Mar 51.1 50.5 23:30 JPY Unemployment Rate Feb 4.50% 4.60% 4.60% 23:30 JPY Household Spending Y/Y Feb 2.30% -0.50% -2.30% 23:30 JPY Tokyo CPI Core Y/Y Mar -0.30% -0.30% -0.30% 23:30 JPY National CPI Core Y/Y Feb 0.10% -0.10% -0.10% 23:50 JPY Industrial Production M/M Feb P -1.20% 1.30% 1.90% 05:00 JPY Housing Starts Y/Y Feb 7.50% -1.10% -1.10% 06:00 EUR German Retail Sales M/M Feb -1.10% 1.20% -1.60% 07:00 CHF KOF Leading Indicator Mar 0.08 0.07 -0.12 -0.11 09:00 EUR Eurozone CPI Estimate Y/Y Mar 2.60% 2.50% 2.70% 12:30 CAD GDP M/M Jan 0.10% 0.10% 0.40% 12:30 USD Personal Income Feb 0.20% 0.40% 0.30% 12:30 USD Personal Spending Feb 0.80% 0.60% 0.20% 12:30 USD PCE Deflator Y/Y Feb 2.30% 2.30% 2.40% 12:30 USD PCE Core M/M Feb 0.10% 0.10% 0.20% 12:30 USD PCE Core Y/Y Feb 1.90% 1.90% 1.90% 13:45 USD Chicago PMI Mar 63 64 13:55 USD U. of Michigan Confidence Mar F 74.8 74.3
Orders and Options Watch
US Session: Orders and Options Watch EUR: The single currency has maintained a firm undertone in European session and despite intra-day retreat from 1.3377, renewed buying interests from Asian sovereign names emerged again around 1.3325, more bids from same parties are still noted at 1.3300 and further out at 1.3250-60 with stops building up below 1.3250 and 1.3190. On the upside, some offers are still noted at 1.3380-90 (for protection of 1.3400 option barrier) and stops are naturally placed above there and also next barrier at 1.3450. Full Report Here...
Forex Trade Ideas
Trade Idea Update: USD/CHF – Sell at 0.9065 Despite yesterday’s breach of previous resistance at 0.9082, as renewed selling interest emerged at 0.9093 and dollar has fallen again from there, suggesting recent decline from 0.9335 top is still in progress and weakness to psychological support at 0.9000, then 0.8980 would be seen, however, near term oversold condition should prevent sharp fall below the latter level there and reckon support at 0.8931 would hold Full Report Here... Trade Idea: USD/CAD – Hold short entered at 1.0000 Despite yesterday’s rise to 1.0019, subsequent retreat after faltering below last week’s high of 1.0034 has retained our consolidative view and bearishness remains for another decline, below support at 0.9901 would bring weakness towards indicated previous support at 0.9861, however, break there is needed to bring retest of recent low at 0.9842. Full Report Here... Candlesticks Intraday Trade Ideas Update Schedule (GMT): 1st Update: 0630 - 0700; 2nd Update: 0930 - 1000; 3rd Update: 1230 - 1300; 4th Update: 1500 - 1530 Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF Elliott Wave Daily Trade Ideas Update Schedule (GMT): AUD/USD, EUR/JPY: 0800 - 0830; EUR/GBP, USD/CAD: 1430 - 1500
Suggested Readings
Fundamental Highlights U.S. February Consumer Spending Rises More than Expected Canadian GDP Rose 0.1% in January; December Revised Up to Show a Gain of 0.5% Quick Primer for Spanish Budget EconFin Meeting In Focus Technical Highlights EUR/USD Rally Might be a Bull Trap; 1.3385 is Key Resistance FX Thoughts for the Day GBP/USD Pushes Above 1.60 with Persistent Bullish Momentum GBPUSD - Breaks Key Resistance, Set To Strengthen Further

Forward this report to a friend! This email was sent to actionforex.20.trader1983@spamgourmet.com by contact@actionforex.com |   Update Profile/Email Address | Instant removal with SafeUnsubscribe™ | Privacy Policy. Action Forex Company Limited | Room 1707, 17/F | Treasure Center | 42 Hung To Road | Kwun Tong | Kowloon | 852 | Hong Kong

Action Insight Daily Report 3-30-12 (trusted: contact@actionforex.com)

Having trouble viewing this email? Click here

Action Insight	Candlesticks Trades	Markets Summary	Action Bias	Top Movers	Daily Technicals
Calendar	Elliott Wave Trades	Markets Volatility	Pivot Points	Heat Map	Daily Fundamentals

Action Insight Weekly Report	Markets Snapshot
Daily Report: Euro Rebound ahead of Finance Minister Meeting, Dollar Soft Euro regained some ground against dollar as markets are awaiting Eurozone finance minister meeting in Copenhagen and markets are expecting there will be a final agreement on raising the fire power of the bailout funds. Currently, the combined lending power of the temporary EFSF and the permanent ESM is capped at EUR 500b even though both funds will run in parallel for a year. According to a draft statement by the press, Eurozone finance ministers would agree to raise the combined firepower to EUR 940b in case of emergency over the next 15 months. Germany is believed to be still opposing to the idea as finance minister Schaeuble said that EUR 800b should be enough. But it's believed that the EUR 940b temporary cap is somewhat a compromise between Germany and other member states. Full Report Here...
Featured Technical Report
GBP/USD Daily Outlook Daily Pivots: (S1) 1.5891; (P) 1.5924; (R1) 1.5989; More... GBP/USD rises to as high as 1.6032 so far today and the break of 1.6000 confirms resumption of recent rally. Intraday bias is back on the upside for 1.6165 key cluster resistance (61.8% retracement of 1.6746 to 1.5234 at 1.6168). Decisive break there will have larger bullish implication and would pave the way to 1.6746 resistance later. On the downside, break of 1.5841 support is needed to signal short term topping. Otherwise, well stay bullish even in case of retreat. Read more... EURUSD Technical Outlook USDJPY Technical Outlook GBPUSD Technical Outlook USDCHF Technical Outlook USDCAD Technical Outlook AUDUSD Technical Outlook EURJPY Technical Outlook EURGBP Technical Outlook EURCHF Technical Outlook GBPJPY Technical Outlook

Economic Indicators Update
GMT Ccy Events Actual Consensus Previous Revised 21:45 NZD Building Permits M/M Feb -6.70% 0.00% 8.30% 23:01 GBP GfK Consumer Sentiment Mar -31 -29 -29 23:15 JPY Nomura/JMMA Manufacturing PMI Mar 51.1 50.5 23:30 JPY Unemployment Rate Feb 4.50% 4.60% 4.60% 23:30 JPY Household Spending Y/Y Feb 2.30% -0.50% -2.30% 23:30 JPY Tokyo CPI Core Y/Y Mar -0.30% -0.30% -0.30% 23:30 JPY National CPI Core Y/Y Feb 0.10% -0.10% -0.10% 23:50 JPY Industrial Production M/M Feb P -1.20% 1.30% 1.90% 5:00 JPY Housing Starts Y/Y Feb 7.50% -1.10% -1.10% 6:00 EUR German Retail Sales M/M Feb -1.10% 1.20% -1.60% 7:00 CHF KOF Leading Indicator Mar 0.08 0.07 -0.12 9:00 EUR Eurozone CPI Estimate Y/Y Mar 2.50% 2.70% 12:30 CAD GDP M/M Jan 0.10% 0.40% 12:30 USD Personal Income Feb 0.40% 0.30% 12:30 USD Personal Spending Feb 0.60% 0.20% 12:30 USD PCE Deflator Y/Y Feb 2.30% 2.40% 12:30 USD PCE Core M/M Feb 0.10% 0.20% 12:30 USD PCE Core Y/Y Feb 1.90% 1.90% 13:45 USD Chicago PMI Mar 63 64 13:55 USD U. of Michigan Confidence Mar F 74.8 74.3
Orders and Options Watch
European Session: Orders and Options Watch EUR: Despite falling to 1.3251 yesterday, the single currency staged a strong rise in New York and stops at 1.3305-10 and 1.3350 were triggered, however, offers are still noted at 1.3370-80 and mixture of offers and stops remains at 1.3395-05 (related to 1.3400 option barrier). On the downside, bids from Asian sovereign names are lined up from 1.3320 down to 1.3300, larger size buy orders are expected to emerge around 1.3250-60 with stops building up below yesterday's low of 1.3250 and 1.3190. Full Report Here...
Forex Trade Ideas
Trade Idea: GBP/USD – Buy at 1.5950 Current breach of previous resistance at 1.6002 confirms recent upmove has resumed and further gain to 1.6045-50 would be seen, however, near term overbought condition should prevent sharp move beyond 1.6090-00 and risk from there has increased for a strong pullback to take place later today or early next week. Full Report Here... Trade Idea: EUR/USD – Buy at 1.3300 Despite yesterday’s fall to 1.3251, the subsequent rally signals the correction from 1.3385 has ended there and a retest of this level would be seen, break there would extend recent upmove from 1.005 to 1.3400, however, near term overbought condition should limit upside to 1.3445-50 (1.618 times projection of 1.3134-1.3294 measuring from 1.3190) and risk from there has increased for a strong pullback later. Full Report Here... Candlesticks Intraday Trade Ideas Update Schedule (GMT): 1st Update: 0630 - 0700; 2nd Update: 0930 - 1000; 3rd Update: 1230 - 1300; 4th Update: 1500 - 1530 Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF Elliott Wave Daily Trade Ideas Update Schedule (GMT): AUD/USD, EUR/JPY: 0800 - 0830; EUR/GBP, USD/CAD: 1430 - 1500
Suggested Readings
Fundamental Highlights End Of Quarter Repositioning Dominates Price Action JPY Firms On Last Day Of Japan's Fiscal Year Eurozone's Big Bazookas Selloff Finds Bargain Hunters Chinese PMI Data May Be The Last Straw For Risk Sentiment EUR/GBP - Outflow Of AUD, NZD Carry Trade Helping GBP? Technical Highlights Dollar Yen Fell To 81.85 In Tokyo As Dollar Weakens Euro Rallies To 1.3360 In Tokyo To Early Europe Foreign Exchange Market Commentary The Daily Forecaster: USDJPY

Forward this report to a friend! This email was sent to actionforex.20.trader1983@spamgourmet.com by contact@actionforex.com |   Update Profile/Email Address | Instant removal with SafeUnsubscribe™ | Privacy Policy. Action Forex Company Limited | Room 1707, 17/F | Treasure Center | 42 Hung To Road | Kwun Tong | Kowloon | 852 | Hong Kong

Forex Trading Software - 3 Features You Shouldn't MISS OUT - Investment

Trading currencies at the Forex market will require you to use a Forex trading software. The software is primarily used to analyze the market as well as opening and closing transactions. You cannot participate in the Forex market if you do not have one.

Forex trading software is usually free. It often comes as a free service when you open an account with a Forex broker. This is also known as a Forex trading platform. As a trading platform, it has everything and every tool you need to successfully trade in the market.

There are also trading applications that you have to purchase. These are specialized proprietary trading applications that can function as strategy and trading analysis tools. These types of trading applications are usually standalone and can work side by side with your Forex trading software.

Other Forex brokers offer a platform and separate specialized Forex trading software. The platform may be free but you have to pay for the special software in order to activate it. There are also brokers that offer free Forex platforms only so you may need to purchase other applications from third party developers.

With the number of trading applications available, it would be confusing for you to choose which one would fit your needs best. Here are some of the most important features of any Forex trading software that you should look out for:

1.) EASE OF USE - the forex trading software you are planning on purchasing should be easy to use with simple but a highly functional user interface. Simplicity of the software is very important especially if you are still new to Forex trading. The software should also allow you to find current rates in real time. The BUY/SELL buttons should be near the currency so you can easily and quickly open and close transactions without having to shift from one window to another.

2.) RISK MANAGEMENT FEATURES - The Forex trading software should have several features that will allow you to manage risks in the market. STOP-LOSS and PROFIT TAKING features are definitely a MUST-HAVE in your Forex trading software. The capability of the software to close transactions when you reach your loss limit is critical. This feature could prevent major losses in currency trading.

3.) MULTIPLE CHARTING - When buying forex trading softwares, you should also look for several charting tools. When trading currencies, you will rely heavily on Forex charts to analyze price movements. This feature is very important in the forex trading software. It is also best if the charting tools of the software can be customized into different time ranges. This simply means the chart should have 30-minutes, hourly, daily and monthly figures.

Choosing the best Forex trading software is critical if you want to succeed in the Forex market. There are different types of trading applications. Before using one, test it first to determine if it is suitable to your needs.

0

Action Insight Mid-Day Report 3-29-12 (trusted: contact@actionforex.com)

Having trouble viewing this email? Click here

Action Insight	Candlesticks Trades	Markets Summary	Action Bias	Top Movers	Daily Technicals
Calendar	Elliott Wave Trades	Markets Volatility	Pivot Points	Heat Map	Daily Fundamentals

Action Insight Weekly Report	Markets Snapshot
Mid-Day Report: Euro Weakens ahead of Spain Budget, Downside Limited Euro weakens together with European equities today on weak confidence data and renewed worry on the debt crisis. One of the major focus is Spain which will announce deep budget cuts on Friday when EU finance ministers will also meet on bailout funds. The budget deficit target of Spain in 2012 has been a issue recently after prime minister Rajoy diverged from an EU agreement and then settled with a softened target of 5.3% GDP. Rajoy said earlier this week that there will be a "very very austere budget" and could cut at least EUR 35b in spending. Full Report Here...
Featured Technical Report
USD/CHF Mid-Day Outlook Daily Pivots: (S1) 0.9017; (P) 0.9049; (R1) 0.9082; More.... USD/CHF recovers further from 0.9016 temporary low and is pressing 4 hours 55 EMA for the moment. But still, with 0.9136 minor resistance intact, fall from 0.9334 is expected to continue to 0.8930 support. Recent development suggests that rebound from 0.8930 is finished and fall from 0.9594 might be resuming. However, break of 0.9136 minor resistance will mix up the outlook and would bring stronger rebound back towards 0.9334 resistance instead. Read more... EURUSD Technical Outlook USDJPY Technical Outlook GBPUSD Technical Outlook USDCHF Technical Outlook USDCAD Technical Outlook AUDUSD Technical Outlook EURJPY Technical Outlook EURGBP Technical Outlook EURCHF Technical Outlook GBPJPY Technical Outlook

Economic Indicators Update
GMT Ccy Events Actual Consensus Previous Revised 23:50 JPY Retail Sales Y/Y Feb 3.50% 1.40% 1.90% 1.80% 00:00 NZD NBNZ Business Confidence Mar 33.8 28 07:55 EUR German Unemployment Change Mar -18K -10K 0K 07:55 EUR German Unemployment Rate Mar 6.70% 6.80% 6.80% 08:30 GBP Mortgage Approvals Feb 49.0K 57.2K 58.7K 57.9K 08:30 GBP M4 Money Supply M/M Feb 1.90% 1.60% 1.50% 08:30 GBP M4 Money Supply Y/Y Feb -3.40% -1.80% 08:30 GBP Index of Services 3M/3M Jan 0.30% 0.30% 0.00% -0.10% 09:00 EUR Eurozone Consumer Confidence Mar F -19.1 -19 -19 09:00 EUR Eurozone Economic Confidence Mar 94.4 94.5 94.4 94.5 09:00 EUR Eurozone Industrial Confidence Mar -7.2 -5.8 -5.8 09:00 EUR Eurozone Services Confidence Mar -0.3 -0.8 -0.9 12:30 CAD Industrial Product Price M/M Feb 0.20% 0.50% 0.30% 12:30 CAD Raw Materials Price Index M/M Feb -0.50% 0.50% 0.10% 12:30 USD GDP (Annualized) Q4 F 3.00% 3.00% 3.00% 12:30 USD GDP Price Index Q4 F 0.90% 0.90% 0.90% 12:30 USD Initial Jobless Claims 359K 350K 348K 14:30 USD Natural Gas Storage 49B 11B 20:00 CAD Canadian Annual Budget Release
Orders and Options Watch
US Session: Orders and Options Watch EUR: The single currency ran into fresh offers again at 1.3346 and dropped quite sharply in European session in part due to soft eurozone data, stops at 1.3270 were triggered , however, mixture of bids and stops at 1.3250 limited euro’s downside so far with more sizeable bids expected further out at 1.3190-00, followed by bigger stops below there. On the upside, offers are still seen at 1.3300-10 and also at 1.3340 with some stops placed above 1.3350 and decent offers remain at 1.3375-85, combination of offers and stops remain near the 1.3400 option barrier. Full Report Here...
Forex Trade Ideas
Trade Idea Update: GBP/USD – Buy at 1.5810 Although cable rebounded after finding support at 1.5842 yesterday, above the Ichimoku cloud top (now at 1.5943) is needed to signal the correction from 1.6002 has ended and bring retest of this level, otherwise, further consolidation would take place and another corrective fall cannot be ruled out. Below 1.5842 would bring weakness towards 1.5807 support which is likely to limit downside and bring another rise later towards 1.6002. Full Report Here... Trade Idea: EUR/JPY – Sell at 110.50 Despite this week’s rebound to 111.25, the subsequent retreat has retained our view that further consolidation below recent high of 111.43 would be seen and bearishness remains for weakness to 108.49 support. Looking ahead, a break there would extend the fall from 111.43 top for a stronger retracement of recent upmove to 108.00 and then 107.85 (61.8% Fibonacci retracement of 105.64-111.43) but reckon 107.40-50 would limit downside. Full Report Here... Candlesticks Intraday Trade Ideas Update Schedule (GMT): 1st Update: 0630 - 0700; 2nd Update: 0930 - 1000; 3rd Update: 1230 - 1300; 4th Update: 1500 - 1530 Pairs Covered: EUR/USD, USD/JPY, GBP/USD, USD/CHF Elliott Wave Daily Trade Ideas Update Schedule (GMT): AUD/USD, EUR/JPY: 0800 - 0830; EUR/GBP, USD/CAD: 1430 - 1500
Suggested Readings
Fundamental Highlights U.S. Fourth-Quarter 2011 GDP Growth Unrevised at 3.0% in Final Estimate Spanish Strikes And UK Data Disappoints Once Again Growth Concern Puts Focus On US Data What's Next For The Japanese Economy And The Yen? Technical Highlights USD/JPY Slides Further After Poor Jobless Claims Data FX Thoughts for the Day AUD/USD Testing Rising Trendline from October 2011 GBPUSD - Continues To Hesitate Below Key Resistance Levels

Forward this report to a friend! This email was sent to actionforex.20.trader1983@spamgourmet.com by contact@actionforex.com |   Update Profile/Email Address | Instant removal with SafeUnsubscribe™ | Privacy Policy. Action Forex Company Limited | Room 1707, 17/F | Treasure Center | 42 Hung To Road | Kwun Tong | Kowloon | 852 | Hong Kong