TradeProfits

Trading Forex – Daily Outlook April 4th

Posted on 04. Apr, 2011 by Jakob.

With the recent rally on EUR/USD a pullback seems natural, in spite of the possible rate hike out of ECB later this week. EUR/USD is currently trading around the 1.4231 level, and with heavy resistance just around 50 – 60 pips away from the current level, I think a possible short set´s us up with a good R:R ratio. However, wait for London to open and keep an eye on price action. We will only take this trade if things line up. With a possible pullback, I think we potentially could trade the reversal later today. Let’s wait and see how things unfold. Any possible trade will be posted on FB.  Read more... (112 words, estimated 27 secs reading time)

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Profit Mongers – Monday Trading Signal 01-31-2011

Posted on 31. Jan, 2011 by Sir Pipsalot.

The first week of the month just starting, and usually the most news to trade…here is the first.  Read more... (540 words, estimated 2:10 mins reading time)

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Profit Mongers – Wednesday Trading Signal 01-26-2011

Posted on 26. Jan, 2011 by Sir Pipsalot.

Forex Trading Signals by Magister Pips, 2011/01/26
0430 BoE Meeting Minutes (8-1 vote count expected)  Read more... (248 words, estimated 1:0 mins reading time)

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Profit Mongers – Tuesday Trading Signal 01-25-2011

Posted on 25. Jan, 2011 by Sir Pipsalot.

Forex Trading Signals by Magister Pips, 2011/01/25
0430 UK GDP q/q prelim (0.5% expected,0.7% prior,0.2% to 0.7% range)

Affliated Reports:
UK GDP y/y final (2.6% expected, 2.7% prior, 2.3% to 2.9% range)  Read more... (339 words, estimated 1:21 mins reading time)

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Profit Mongers – Tuesday Trading Signal 01-18-2011

Posted on 18. Jan, 2011 by Sir Pipsalot.

Hello Trader,

Alot of news this week, let’s get right on!

0430 UK CPI y/y headline (3.4% expected, 3.3% prior, 3.1% to 3.7% range)
Affiliated reports:
-Headline CPI m/m (0.7% expected, 0.4% prior, 0.2% to 1.0% range)
-Core CPI y/y (2.7% expected, 2.7% prior, 2.5% to 3.1% range)
-UK RPI y/y (4.8% expected, 4.7% prior, 4.5% to 5.2% range)
-UK RPI m/m (0.7% expected, 0.4% prior, 0.3% to 1.3% range)
-UK Core RPI y/y (4.8% expected, 4.7% prior, 0.7% tp 5.0% range)  Read more... (818 words, estimated 3:16 mins reading time)

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Profit Mongers – Monday Trading Signal 01-05-2011

Posted on 07. Jan, 2011 by Sir Pipsalot.

Another excellent trade on UK Service PMI, both for spike and afterspike traders. Today 2 very big reports, I will add NFP soon.

0700 CAD Employment Change (20K expected, 15.2k prior, -10.0k to +35.0k range)

-Affliated Reports
CAD Unemployment Rate (7.7% expected, 7.6% prior, 7.6% to 7.9% range)  Read more... (538 words, estimated 2:09 mins reading time)

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Profit Mongers – Monday Trading Signal 01-05-2011

Posted on 05. Jan, 2011 by Sir Pipsalot.

Today I substitute other traders from our service with the Daily Signals. Since I mostly trade the news, my signals are focused on the news only. We will resume regular Daily Signals in the next few days.

On Wednesday we will have two small reports to trade.  Read more... (422 words, estimated 1:41 mins reading time)

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Profit Mongers – Thursday Trading Signal 12-09-2010

Posted on 09. Dec, 2010 by Sir Pipsalot.

Just 1 economic release to trade today:  Read more... (288 words, estimated 1:09 mins reading time)

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Profit Mongers – Wednesday Trading Signal 12-08-2010

Posted on 08. Dec, 2010 by Sir Pipsalot.

Hey folks,

We have 2 news releases to trade today:

**************************************************  Read more... (781 words, estimated 3:07 mins reading time)

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Profit Mongers – Tuesday Trading Signal 12-07-2010

Posted on 07. Dec, 2010 by Sir Pipsalot.

Hey folks,

We have 2 news releases to trade tomorrow:

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0430 UK Industrial Production m/m (0.3% expected) – Range of Estimate -0.2 to +0.6  Read more... (406 words, estimated 1:37 mins reading time)

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