AppId is over the quota
AppId is over the quota

Daily Market Comment

1.4830. It should be subject to more sell off towards 1.4802 or 1.4774. Corrective upward swings should face resistance around 1.4851 area. A break of 1.48615 is bullish. 1.0894. Current upmove should continue up to 1.0932 or 1.097. Any correction should find support in 1.0892 - 1.0873 zone. 108.06. Current upmove should continue up to 1.0932 or 1.097. Any correction should find support in 1.0892 - 1.0873 zone. 1.9672. Current upmove should be over between1.9687 and 1.9663. A correction down to 1.9578 is anticipated. A break of 1.9710 is bullish. 1.6155. Current rise seems to be over near 1.6166 or 1.6189 for a retracement towards 1.6143 - 1.6127 area. 160.27. Current rise seems to be over near 160.34 or 160.81 for a retracement towards 159.87 - 159.60 area. 0.7538. One more dip to 0.7523 or 0.7508 is likely followed by a grind higher to above 0.7547 or 0.7570. After which it can resume its downtrend. 0.9270. Currently uptrend should end around 0.9298 - 0.9290 area. A correction down to below 0.9233 is expected. A rise above 0.9310 will abort the expected correction. 0.9962. Market should meet resistance at 1.0013. We expect then an extended move down to 0.9909 -0.9808 area.

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AppId is over the quota
AppId is over the quota
Thursday, February 21st, 2008 (4:30 a.m. New York Time) UK
At 4:30 a.m. we will have U.K. Retail Sales m/m coming out. It is expected to come out at 0.25% (some people say 0.2% and some 0.3%). If it comes out at 0 or negative, I think it would be a good sell signal on GBP/USD or GBP/JPY, looking for 50 pips of a price action in a first hour of the report. If it comes out at 0.5% or more positive, I would recommend to buy GBP/USD or GBP/JPY. For more details how the price moved in the past, please watch the video.

Thursday, February 21st, 2008 (8:30 a.m. New York Time) USA
At 8:30 a.m. we will have U.S. Initial Jobless Claims. It is expected to come out at 349 K. If it comes out at 370K or more, sell USD/JPY and look for 30 to 35 pips move. If it comes out at 330K or lower, I would buy USD/JPY and look for 30 to 35 pips move.

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AppId is over the quota
AppId is over the quota

Daily Market Comment

1.4831. One move lower to 1.4792 or 1.4752 is anticipated while below 1.4847 - 1.4867 area. Stop loss above 1.4902 zone. 1.0849. It may meet resistance in 1.0849 - 1.0868 zone for a drift down to 1.0793 zone, after which bounce to 1.0884 is anticipated. 107.21. Market should hold major support at 106.36 before rising towards 107.61 or even 108.01 limit. 1.9671. One move lower to 1.9618 or 1.9564 is anticipated while below 1.9690 - 1.9717 area. Stop loss above 1.9762 zone. 1.6091. It should register further gains to 1.6151 while 1.6049 caps downside attempts. Stop loss below 1.6006 zone. 159.01. Market should hold major support at 158.32 before rising towards 159.47 or even 159.94 limit. 0.7540. It should test higher than 0.7554. Entry point are at 0.7532 and 0.7524. A break of 0.7509 is bearish. 0.9234. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.9254 or 0.9298 if support around 0.9219 hold. After which a pullback to 0.9219 - 0.9203 zone is possible. 1.0122. It looks set for gains to above 1.0169. Supports at 1.0098 and 1.0121. A break of 1.0074 will damage this bullish structure.

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AppId is over the quota
AppId is over the quota

Daily Market Comment

1.4715. It should trade higher to above 1.4759 while 1.4687 offer support. Minor support at 1.4665. Stop Loss below 1.4570 zone. 1.0996. Market looks set for gains towards 1.1036 or above in extension. Dips should find support at 1.0986 - 1.0966 zone. 108.12. It looks set for gains to above 108.50. Supports at 107.80 and 107.99. A break of 107.60 will damage this bullish structure. 1.9418. Current fall is near an end of wave around 1.9331 - 1.9389 zone, a rally should then procede to above 1.9461 or 1.9493. Fall below 1.9287 would cancel this scenario. 1.6180. Market looks set for gains towards 1.6211 or above in extension. Dips should find support at 1.6152 - 1.6136 zone. 159.09. Corrective dips should ideally halt near 158.69 or 158.4 for one more thrust upwards towards 159.18 - 159.68 area or 160.26 in extention. Fall below 158.11 puts it back on a downward path. 0.9183. It should be subject to more sell off towards 0.9126 or 0.9069. Corrective upward swings should face resistance around 0.9225 area. A break of 0.9248 is bullish. 1.0129. There are initial signs of a good corrective recovery towards 1.0164 or even 1.0183. Supports at 1.0118 and 1.0090 zone.

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AppId is over the quota
AppId is over the quota
Tuesday, February 26th, 2008 (4:00 a.m. New York Time) GERMANY
At 4:00 a.m. we will have German IFO coming out. I don't recommend trading that.

Tuesday, February 26th, 2008 (8:30 a.m. New York Time) USA
At 8:30 a.m. we will have U.S. Core PPI m/m. This is a quite small indicator. It is expected to come out at 0.2%. In order to move the market, we would need to have a large deviation here. I would enter a trade with 0.2 deviation on Core PPI supported by 0.5 deviation in the same direction on headline. If the core goes the other way than the headline, or headline is just as expected, probably you would want to exit the trade rather sooner than later. Having said all that, if the core PPI m/m comes out at 0.4% or higher, I would sell GBP/USD and look for about 35 pips. If it comes out at 0% or negative, you may want to buy GBP/USD and also look for 35 pips move.

Tuesday, February 26th, 2008 (9:00 a.m. New York Time) USA
At 9 a.m. we will have U.S. S&P C20 House Price Index coming out. It is expected to come out at -9.7. I would enter only on positive deviation unless there is a great opportunity to enter at negative deviation. If it comes out at -9.3 or less negative, I would buy USD/JPY and look for 25 to 35 pips. I don't have a trigger for a negative deviation so I would say it would be a no trade - unless there is something crazy going on.

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AppId is over the quota
AppId is over the quota
By: Winning Solution System V.9.4.3 Final Version

(Time Frame 30M)
Use 5-10% margin only! no more!
Valid Time 00.00 - 17.00 London Time

GBP/USD

[CLICK ON IMAGE TO ENLARGE]

Buy : @1.9682 | TP @1.9726 | SL @1.9652
Sell : @1.9642 | TP @1.9601 | SL @1.9672

GBP/JPY

[CLICK ON IMAGE TO ENLARGE]

Buy : @210.95 | TP @211.71 | SL @210.65

Sell : @210.55 | TP @209.79 | SL @210.85

EUR/JPY

[CLICK ON IMAGE TO ENLARGE]

Buy : @158.97 | TP @159.53 | SL @158.67
Sell : @158.57 | TP @158.09 | SL @158.87

Disclaimer:
Trade the signals at your own risk.

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Click on the image below to get more information :

View the original article here

AppId is over the quota
AppId is over the quota
By: Winning Solution System V.9.4.3 Final Version

(Time Frame 30M)
Use 5-10% margin only! no more!
Valid Time 00.00 - 17.00 London Time

GBP/USD

[CLICK ON IMAGE TO ENLARGE]

Buy : @1.9448 | TP @1.9515 | SL @1.9418
Sell : @1.9408 | TP @1.9335 | SL @1.9438

GBP/JPY

[CLICK ON IMAGE TO ENLARGE]

Buy : @210.16 | TP @211.13 | SL @209.86

Sell : @209.76 | TP @208.76 | SL @210.06

EUR/JPY

[CLICK ON IMAGE TO ENLARGE]

Buy : @158.89 | TP @159.82 | SL @158.59
Sell : @158.49 | TP @157.82 | SL @158.79

Disclaimer:
Trade the signals at your own risk.

Interested to Join Winning Solution System?
Click on the image below to get more information :

View the original article here

AppId is over the quota
AppId is over the quota
By: Winning Solution System V.9.4.3 Final Version

(Time Frame 30M)
Use 5-10% margin only! no more!
Valid Time 00.00 - 17.00 London Time

GBP/USD

[CLICK ON IMAGE TO ENLARGE]

Buy : @1.9513 | TP @1.9546 | SL @1.9483
Sell : @1.9473 | TP @1.9434 | SL @1.9503

GBP/JPY

[CLICK ON IMAGE TO ENLARGE]

Buy : @210.19 | TP @211.62 | SL @209.89

Sell : @209.79 | TP @208.34 | SL @210.09

EUR/JPY

[CLICK ON IMAGE TO ENLARGE]

Buy : @158.77 | TP @159.32 | SL @158.47
Sell : @158.37 | TP @157.90 | SL @158.67

Disclaimer:
Trade the signals at your own risk.

Interested to Join Winning Solution System?
Click on the image below to get more information :

View the original article here

AppId is over the quota
AppId is over the quota
By: Winning Solution System V.9.4.3 Final Version

(Time Frame 30M)
Use 5-10% margin only! no more!
Valid Time 00.00 - 17.00 London Time

GBP/USD

[CLICK ON IMAGE TO ENLARGE]

Buy : @1.9683 | TP @1.9721 | SL @1.9653
Sell : @1.9643 | TP @1.9611 | SL @1.9673

GBP/JPY

[CLICK ON IMAGE TO ENLARGE]

Buy : @212.15 | TP @213.70 | SL @211.85

Sell : @211.75 | TP @210.59 | SL @212.05

EUR/JPY

[CLICK ON IMAGE TO ENLARGE]

Buy : @160.06 | TP @160.95 | SL @159.76
Sell : @159.66 | TP @159.03 | SL @159.96

Disclaimer:
Trade the signals at your own risk.

Interested to Join Winning Solution System?
Click on the image below to get more information :

View the original article here