Week of July 23rd, 2007
I want to thank our loyal clients for making the move with us
to our new brokerage firm. We have started trading at FX
Liquidity and all is well. We look forward to a profitable
2nd half of 2007. I am also very proud to announce that I
will be affiliated with a brand new website which will change
the Forex industry for the better. It is a well thought out
concept that the Forex community needs and I am honored to be
a part of it. The website is http://getresponse.com/t/9114092/577168/184560569/ and
it serves the needs of the Forex community by providing tools
that help individual traders match, if not exceed, the results of
professional traders. Many of these tools are free to members
of the site and include free charting (with amazing indicators)
that show which direction the banks are trading. I've never
seen anything like this except on the institutional trading
desk, it blows me away. They also give free E-signal data feed
accounts, a free alert service and more. What I am excited
about the most is every day I will be posting a video commentary
of the exact trade set ups and opportunities that I see coming
in the market that day. This has never been shown before! The
best part is it's all free just for signing up. Members of this
newsletter get the first opportunity to check it out before
the public announcement early tomorrow morning. I look forward
to chatting with you on FX Nation Live. -DC Bonta
Economic Calendar
If you would like more information on trading with our auto
trade program, please call 888-882-2338 24/7 or visit http://getresponse.com/t/9114093/577168/184560569/
Weekly Trade Idea
This Week
We did find a nice short on the EUR/USD at around 1.3500 as
price stopped about 20 pips short of that level and went down
to 1.3416. Then, it went straight up. It is now at 1.3600
and may get caught there.
Last Week
The next major support level of 1.3241 held as price made it
to a low of 1.3264 before heading up to 1.3419. That would have
been a nice 150 pip profit in 4 days. The 10 SMA is still crossed
below the 50 SMA so we expect to find shorts at resistance
levels. The next one should be 1.3500.
If you would like more information on trading with our auto
trade program, please call 888-882-2338 24/7 or visit http://getresponse.com/t/9114093/577168/184560569/
Strategy of the week
Disclaimer: The information and opinions in this report are
for general information use only and are not intended as an
offer or solicitation with respect to the purchase or sale
of any currency. All opinions and information contained in
this report are subject to change without notice. This report
has been prepared without regard to the specific investment
objectives, financial situation and needs of any particular
recipient. While the information contained herein was obtained
from sources believed to be reliable, author does not guarantee
its accuracy or completeness, nor does author assume any
liability for any direct, indirect or consequential loss that
may result from the reliance by any person upon any such
information or opinions.
1StockTradingandInvesting
www.1stocktradingandinvestingsecrets.com
New York
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