SUMMARY OF TODAY'S TRADING RESULT

GBPJPY +159 PIPS

GBPUSD +120 PIPS

AUDJPY +110 PIPS

AUDUSD +100 PIPS

GBPCAD -55PIPS

GBPAUD -200PIPS

GBPCHF +200 PIPS

AUDCHF +30 PIPS

AUDCAD -13 PIPS

EURAUD +120 PIPS

USDJPY +100 PIPS

WE GIVE PRAISE TO GOD FOR A GOOD TRADING DAY

ALL TRADES WERE ENTERED THRU THE HELP OF OUR TRADING SOFTWARE

FOREX DAILY SIGNAL FOR AUDUSD PAIR, 4TH MARCH 2009

A Daily Bullish divergence is practical noticed by our trading signal on the AUDUSD pair. Aim to buy this pair throughout today and don't sell this pair at for the whole of today. BUY @ 0.6380 and remember to take profit after making +100 pips at 0.6480

Also, expect to buy other pairs like EURJPY, GBPUSD, EURUSD, NZDUSD, AUDJPY, 

And sell other pairs like GBPAUD, EURAUD

Good trading

FOREX SIGNAL FOR EURUSD,EURJPY, 3RD MARCH 2009

EURUSD and EURJPY just broke down the support of an expanding triangle. This is a bearish confirmation as noticed in the one hour chart. Sell these pairs now

Sell EURUSD @1.2552, Target +60 pips and -35 pips stoploss

Sell EURJPY @ 121.81, Target +60 pips and -35 pips stoploss

Also, the pairs of GBPUSD, GBPJPY are all for sell throughout today's trading day

FOREX BUY/SELL SIGNAL FORECAST FOR GBPUSD

GBPUSD For the fourth consecutive week GBPUSD failed to break the very strong resistance level at 1.4136, in addition, the pair had formed a descending triangle in the daily chart. For this week we have a very wide trading range (1.4661 to 1.4107) GBPUSD needs to break to determine its future direction, till it breaks this trading range we should stand aside. Current Week Trading Strategy: We will stay neutral on this pair till it breaks above 1.4661 or under 1.4107, any close beyond those boundaries should be considered as a buy/sell signal.

Forex Levels to Watch (Week of Mar 2-6, 2009)

Here are some key forex support/resistance price levels to watch (breaks/bounces) for the upcoming week of March 2-6, 2009:

EUR/USD - Support 1.2510 / Resistance 1.2990

USD/JPY - Support 96.00 / Resistance 98.70

GBP/USD - Support 1.4050 / Resistance 1.4660

USD/CHF - Support 1.1460/ Resistance 1.1885