fxguru1
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Jul 13, 2006, 10:20 PM
Post #3 of 10
(980 views)
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Re: [yourfx] Realtime signals EUR/USD
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I get my free signals from www.forexbastards.com and they are working awesome. Here is an example of what they look like.
"Anyway, nothing is going on tomorrow Thursday, July 13th, 2006. The next thing that's happening is Japan interest rate statement on July 14th, 2006 at 1:00 am New York Time, and then we have U.S. Retail Sales at 8:30 am New York Time on the 14th as well. I'll send you an email about that tomorrow, the 13th. But bottom line is based on the advice by Carlos from cashmonsterz.com, I believe because of the Japan raising interest rates for the first time in many years, the Yen will get stronger...and right now, it's at a very good price level. So I just went short on USD/JPY, with 3 times less money than I normally put on a trade...because it is a more risky trade than most other news trades. No stop/loss, no limit, just planning to hold it until the interest rate announcement, and in case the interest rate stays the same at 0, I'll quickly reverse the position, and buy USD/JPY. If Japan does raise the interest rates, I'll probably hold on with my position, until the Retail Sales come out of the U.S. And again, the reason I shorted it now, is because I believe there is a strong possibility for the Yen to start strengthening before the interest rate, and I am hoping to make more money this way. Again, this is a much riskier trade, than any other news trades I tell you about, if you decide to take it, make sure to use very low leverage, and don't put too much money on it..."
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MORE DIRT !!!!!!
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