Technical Analysis Trade Recommendations

The information provided below should not be relied upon as a substitute for extensive independent research before making your investment decisions. FX360 .com is merely providing these views for your general information. The information presented in the views below does not take into account any particular individual’s investment objectives, financial situation, or needs. All investors should obtain advice based on their unique situation before making any investment decision. In addition, any projections or views of the market provided by the authors may not prove to be accurate. FX360.com and the currency research team will not be responsible for any losses incurred on investments made by readers and clients as a result of any information contained on FX360.com

Forex Trading involves high risks, with the potential for substantial losses and is not suitable for all persons. Past performance is not necessarily indicative of futures results.

RECOMMENDED TRADES

Trades that are currently developing; includes recommended entry point and risk-management levels.

OPEN TRADES

Trades currently in progress; includes working risk-management and target orders.
DATE OPENEDCURRENCYTIMEFRAMEDIRECTIONTRADE IN PROGRESS
11/20/2009 USD/CAD Medium term Sell
Stop at 1.0758
Target 1 at 1.0618
Target 2 at 1.0555

INVALIDATED TRADES

Invalidated trades are trades that were on our watch list but were never entered because the pattern became invalid, as explained in the associated technical analysis report.
DATECURRENCYTIMEFRAMEDIRECTIONRECOMMENDATION
11/18/2009 USD/JPY Medium term Sell
Sell at 89.8800
Stop at 90.0700
Target 1 at 89.6000
Target 2 at 89.3800
11/18/2009 AUD/USD Medium term Sell
Sell at .9369
Stop at .9391
Target 1 at .9336
Target 2 at .9310
11/17/2009 USD/CAD Medium term Sell
Sell at 1.0702
Stop at 1.0746
Target 1 at 1.0637
Target 2 at 1.0587
11/16/2009 EUR/USD Medium term Buy
Buy at 1.4713
Stop at 1.4655
Target 1 at 1.4820
Target 2 at 1.4895
11/16/2009 USD/CAD Medium term Buy
Buy at 1.0375
Stop at 1.0343
Target 1 at 1.0423
Target 2 at 1.0460
11/13/2009 EUR/USD Medium term Buy
Buy at 1.4713
Stop at 1.4663
Target 1 at 1.4788
Target 2 at 1.4845
11/13/2009 GBP/USD Medium term Buy
Buy at 1.6382
Stop at 1.6307
Target 1 at 1.6494
Target 2 at 1.6575
11/13/2009 USD/JPY Medium term Buy
Buy at 88.6000
Stop at 88.1400
Target 1 at 89.2800
Target 2 at 89.7900
11/13/2009 EUR/CHF Medium term Buy
Buy at 1.5056
Stop at 1.5029
Target 1 at 1.5096
Target 2 at 1.5125
11/11/2009 GBP/USD Medium term Buy
Buy at 1.6484
Stop at 1.6413
Target 1 at 1.6592
Target 2 at 1.6670
11/10/2009 GBP/USD Short term Sell
Sell at 1.6768
Stop at 1.6788
Target 1 at 1.6738
Target 2 at 1.6713
11/10/2009 GBP/JPY Medium term Buy
Buy at 148.0300
Stop at 147.4300
Target 1 at 148.9200
Target 2 at 149.6100
11/6/2009 USD/JPY Medium term Sell
Sell at 91.7300
Stop at 92.2100
Target 1 at 91.0100
Target 2 at 90.4900
11/6/2009 USD/CAD Medium term Sell
Sell at 1.0819
Stop at 1.0854
Target 1 at 1.0767
Target 2 at 1.0726
11/4/2009 AUD/JPY Medium term Sell
Sell at 83.3700
Stop at 84.1200
Target 1 at 82.2500
Target 2 at 81.4900
11/3/2009 USD/CHF Short term Sell
Sell at 1.0361
Stop at 1.0406
Target 1 at 1.0292
Target 2 at 1.0245
11/3/2009 AUD/USD Short term Sell
Sell at .9074
Stop at .9098
Target 1 at .9038
Target 2 at .9010
11/2/2009 AUD/USD Medium term Buy
Buy at .8849
Stop at .8789
Target 1 at .8942
Target 2 at .9010
11/2/2009 NZD/USD Long term Buy
Buy at .6966
Stop at .6900
Target 1 at .7068
Target 2 at .7144
10/28/2009 EUR/GBP Medium term Buy
Buy at .8847
Stop at .8792
Target 1 at .8976
Target 2 at .9069

CLOSED TRADES

Indicates open trades that are now closed due to reaching either the stop or target level(s).
DATESCURRENCYTIMEFRAMEOUTCOMEOUTCOME DETAILS
11/20/2009 Closed
11/19/2009 Opened
GBP/JPY
Short term Sell
-91 pips
Bought at 147.8000
Stopped at 146.9
Target 1 at 148.9600
Target 2 at 149.8000
11/13/2009 Closed
11/12/2009 Opened
EUR/USD
Medium term Sell
-55 pips
Sold at 1.4849
Stopped at 1.4904
Target 1 at 1.4761
Target 2 at 1.4684
11/12/2009 Closed
11/11/2009 Opened
EUR/GBP
Short term Buy
+67 pips
Sold at .9061
Stopped at 0.9086
Target 1 at .9024
Target 2 at 0.8994
11/6/2009 Closed
10/29/2009 Opened
AUD/CAD
Long term Buy
+0 pips
Sold at .9792
Stopped at 0.9792
Target 1 at .9450
Target 2 at .9200
10/26/2009 Closed
10/23/2009 Opened
AUD/USD
Medium term Sell
-60 pips
Bought at .9157
Stopped at 0.9127
Target 1 at .9202
Target 2 at .9239
CD01BKU.023.050509

QUOTEBOARD

  • Key Quotes
  • Currencies
  • Markets
  •  
  • current
  • high
  • low
 
  • EUR/USD
  • up
  • 1.4861
  • 1.4935
  • 1.4800
EUR/USD
5 min chart
  • GBP/USD
  • down
  • 1.6501
  • 1.6675
  • 1.6459
GBP/USD
5 min chart
  • USD/JPY
  • up
  • 88.87
  • 89.12
  • 88.67
USD/JPY
5 min chart
  • OIL
  • up
  • 77.46
  • 79.83
  • 77.03
CLZ9
5 min chart
  • GOLD
  • up
  • 1150.5
  • 1151.1
  • 1132.3
.GOLD
5 min chart
  • US Stocks
  • down
  • 10321
  • 10348
  • 10255
.US30
5 min chart
  • UK Stocks
  • down
  • 5269.4
  • 5310.3
  • 5221.8
.UK100
5 min chart
  • DEM Stocks
  • down
  • 5673.3
  • 5743.3
  • 5635.8
.DE30
5 min chart
  • JP Stocks
  • up
  • 9470
  • 9507
  • 9358
.JP225
5 min chart
  •  
  • current
  • high
  • low
 
  • EUR/USD
  • up
  • 1.4861
  • 1.4935
  • 1.4800
5 min chart
  • GBP/USD
  • down
  • 1.6501
  • 1.6675
  • 1.6459
  • USD/JPY
  • up
  • 88.87
  • 89.12
  • 88.67
  • USD/CHF
  • up
  • 1.0179
  • 1.0222
  • 1.0122
  • USD/CAD
  • up
  • 1.0704
  • 1.0731
  • 1.0614
  • AUD/USD
  • up
  • 0.9145
  • 0.9215
  • 0.9060
  • NZD/USD
  • down
  • 0.7239
  • 0.7326
  • 0.7199
  • USD/MXN
  • down
  • 13.0574
  • 13.1193
  • 13.0345
  • EUR/JPY
  • up
  • 132.09
  • 132.94
  • 131.79
  • GBP/JPY
  • up
  • 146.65
  • 148.40
  • 146.43
  •  
  • current
  • high
  • low
 
  • OIL
  • up
  • 77.46
  • 79.83
  • 77.03
5 min chart
  • GOLD
  • up
  • 1150.5
  • 1151.1
  • 1132.3
5 min chart
  • SILVER
  • down
  • 18.49
  • 18.573
  • 18.026
5 min chart
  • US500
  • down
  • 1091.1
  • 1096.6
  • 1085.4
5 min chart
  • UK Stocks
  • down
  • 5269.4
  • 5310.3
  • 5221.8
5 min chart
  • DEM Stocks
  • down
  • 5673.3
  • 5743.3
  • 5635.8
5 min chart
  • JP Stocks
  • up
  • 9470
  • 9507
  • 9358
5 min chart
  • AU Stocks
  • up
  • 4681.0
  • 4697.0
  • 4631.0
5 min chart
  • 10 yr Bond
  • up
  • 119.46
  • 119.95
  • 119.43
5 min chart
  • Bund
  • up
  • 122.58
  • 122.68
  • 122.20
5 min chart
Data source: GFT

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