Forex Metrics Currency Index Analysis – week of August 29, 2010 by forexmetrics.com
Filed Under Articles, Forex Commentaries, Forex Metrics Currency Index, TradeVestment | Leave a Comment
Forex Metrics Currency Index Analysis – week of August 29, 2010 by forexmetrics.com
Continuous Moving Average of Forex Metrics Currency Index current = 1.0482
Forex Metrics Currency Index, current = 0.9074
Continuous Moving Average is higher than Forex Metrics Currency Index = Slow economic recovery.
Continues moving average is higher than FMCI by 13.4329%
Global Economic Growth = Negative
Economic Growth = Growth – Inflation
( Gross Domestic product) ( Consumer Price Index)
Currently, Global economies are in a RECOVERY PERIOD and are expected to stay on track for recovery but at a slower pace.
Forex Metrics Currency Index represents global single currency Index and reflects global economic strength or weakness.
Convertible Currency rates of an economy represents its economic Cycle also known as organized economy.
Individual currency baskets in Forex Metrics Currency Index represent their current economic period of that economy and its relative strength against global economy and paired currency.
Currency Trading Trend: Range Bound
USD:
USA economic growth is positive, but extremely low and slow in line with expectation.The Commerce Department lowered its estimate for gross domestic product in the second quarter to an annual pace of 1.6 percent from an initially reported 2.4 percent.
USA Federal Bank has to leave economy alone to recover.
Economic cycle: Recovery Period
Interest Rate Bias: Neutral
USD FMC Index Trend: Consolidating and Weak
USD will remain relatively stable compared to its paired currencies, but volatility expected to be range bound.
EURO
EURO is expected to stay Weak against USD
Economic cycle: Recovery Period
Interest Rate Bias: Neutral
Pair Trend: Down Trend
Signal: Sell
EUR/USD: Resistance at 1.2910 and Support at 1.2330
CABLE
Cable is expected to be Weak against USD
Economic cycle: Recovery Period
Interest Rate Bias: Upward
Pair Trend: Range Bound Trend
Signal: Weak Sell
GBP/USD: Resistance at 1.5790 and Support at 1.5210
YEN
Remains positive basket in our index and gaining strenght against USD.
Yen is expected to remain strong and Range bound against USD.
Economic cycle: Stability Period
Interest Rate Bias: Neutral
Pair Trend: Down Trend
Signal: Weak Buy
USD/JPY : Resistance at 88.60 and Support at 84.70
Canadian Dollar:
CAD economy is stable. Canadian commodity producers are investing at the fastest rate since 2007, a signal resource companies will provide a floor to slowing economic growth as homebuyers and consumers show signs of restraint.
If support is broken expect parity.
Economic cycle: Recovery Period
Interest Rate Bias: Neutral
Pair Trend: Range Bound Trend
Signal: Short at resistance or Long on support
USD/CAD: Resistance at 1.0620 and Support at 1.0250
Check out our Forex Metrics Currency Index
For long term forex trading strategy check out Tradevestment
Home Page Forex Metrics
YEN Versus YUAN – How Japanese Economy Balances Its Business
Filed Under Articles, Forex Commentaries | Leave a Comment
YEN Versus YUAN – How Japanese economy Balance its Exports.
The greatest competition on the globe exists between two nations Japan and China as their growth and advancement depends on global exports.
Both great nations are dynamic , but there is a vast difference as how their economy works. Let us understand how these both economies compete and work their way to success.
Japanese is an Organized Economy previously understood as developed economy and dominant exporter to USA and Europe in last century until late 70′s when China step up their focus on export and growth. Although Chinese growth is phenomenal and unprecedented, but still classified as Unorganized Economy
- Currency:
Japanese currency is convertible, which is based on market forces of demand and supply and experience economic cycle, economy is regulated by central bank through its monetary policy. - Chinese currency is non-convertible, which is controlled by Chinese central bank and the value of the currency does not depend upon market forces, but by Chinese government, thus subsidizing the exports to accelerate growth in export and economy.
Usually, when a nation is developing, government controls the value of currency to boost export and economic growth, this is known as subsidy in the world of globalization and is justified when a nation is in stage of infancy to protect from global competition. Weak currency boosts exports as stronger currency loses competitive edge.
Since Chinese Yuan is controlled by government and Yen is determined by free market, Yuan has a edge over export and accelerated growth than Japanese Yen. When Yuan reached its strength in late nineties where market value of Yuan was stronger than government control rate, Japan started losing its edge in exports leading to depression/recession, this lead to depreciation of Yen allowing Yen to sustain economy without growth for a decade.
Until Recently Yuan was pegged to USD, once Yuan was made partial pegged Yen also started gaining strength.
Interest rate
Interest rate has a huge impact on convertible currency rate.
Higher interest leads to stronger currency value as global capital/investment/saving flows in to the economy.
Japanese interest rate is based on economic cycle and interest rate depends on current national economic scenario based on economic data. While experiencing extended period of depression, Japanese central bank kept its interest rate almost at Zero level, thus ensuring weak Yen to fight competition against Yuan until Yuan appreciates or becomes convertible.
Economic Cycle
Yen is a convertible and organized economy and right at the market place
Yuan is a non-convertible and hence unorganized economy and far from market place although its exports are just second to Japanese.
Why is Yuan so behind in real world, although economy has huge export, extra ordinary growth and Yuan being stronger than ever with upward pressure?
Unorganized economies have two inherit disadvantages in globalization – Protectionism and Subsidization.
The strength of Yuan is based on protectionism and subsidy. Eventually, when unorganized economies have to face the real world, its impact on economy would be unpredictable for the following reasons:
Unorganized economies which have a robust growth like China and India, but they still prefer to maintain policy of Protectionism and Subsidization to maintain their economic growth, although these economies can with stand convertibility.
- Unorganized economies consider Economic growth Gross Domestic product and Inflation separately.
By differentiating the growth separately from inflation such economies lose their sight from net growth
Leading to Negative Economic Growth, if Growth – Inflation is Zero or negative. - This is because the government believes that growth and inflation are two different factors and inflation is always associated with growth and to be dealt differently.
- The major issue here is higher inflation may lead to purchasing power parity with organized economies and that would increase cost of living leading to higher labour cost and translating into higher subsidy through government control exchange rates.
Conclusion:
The Unorganized economy can only achieve desire net growth by controlling inflation through currency convertibility and expose economy to global economic cycle , delay in convertibility by economies like China and India will hurt them in long term.
Convertible currency gives a identity to a nation.
Check out our Forex Metrics Currency Index
Home Page Forex Metrics
Forex Metrics Currency Index Analysis – week of August 22,2010 by forexmetrics.com
Filed Under Forex Metrics Currency Index, TradeVestment | Leave a Comment
Forex Metrics Currency Index Analysis – week of August 22, 2010 by forexmetrics.com
Continuous Moving Average of Forex Metrics Currency Index current = 1.0491
Forex Metrics Currency Index, current = 0.9198
Continues moving average is higher than FMCI by -12.3274%
Continuous Moving Average is higher than Forex Metrics Currency Index = Slow economic recovery.
Global Economic Growth is Negative
Economic Growth = Growth – Inflation
( Gross Domestic product)
Currently, Global economies are in a RECOVERY PERIOD and are expected to stay on track for recovery but at a slower pace.
Forex Metrics Currency Index represents global single currency Index and reflects global economic strength or weakness.
Convertible Currency rates of an economy represents its economic Cycle also known as organized economy.
Individual currency baskets in Forex Metrics Currency Index represent their current economic period of that economy and its relative strength against global economy and paired currency.
USD:
USA economic growth is positive, but extremely low and slow in line with expectation.
Economic cycle: Recovery Period
Interest Rate Bias: Neutral
USD FMC Index Trend: Consolidating and Weak
USD will remain relatively stable compared to its paired currencies, but volatility expected to be range bound.
EURO
Euro expected to be weak.
EURO is expected to stay positive against USD
Economic cycle: Recovery Period
Interest Rate Bias: Neutral
Pair Trend: Down trend
Signal: Sell
EUR/USD: Resistance at 1.3090 and Support at 1.2515
CABLE
Cable is expected to be positive against USD and may stabilize with volatility against USD
Economic cycle: Recovery Period
Interest Rate Bias: Upward
Pair Trend: Neutral
Signal: Hold
GBP/USD: Resistance at 1.5920 and Support at 1.5335
YEN
Remains positive basket in our index and gaining strenght against USD.
Yen is expected to remain strong and Range bound against USD.
Economic cycle: Stability Period
Interest Rate Bias: Neutral
Pair Trend: Down
Signal: Buy
USD/JPY : Resistance at 88.60 and Support at 84.70
Canadian Dollar:
CAD economy is stable but uncertain.
If support is broken expect parity.
Economic cycle: Recovery Period
Interest Rate Bias: Neutral
Pair Trend: Range Bound
Signal: Short at resistance or Long on support
USD/CAD: Resistance at 1.0620 and Support at 1.0250
Check out our Forex Metrics Currency Index
For long term forex trading strategy check out Tradevestment
Home Page Forex Metrics
Job Creation v/s Economic Recovery – Reference to Inflation
Filed Under Articles | Leave a Comment
Job Creation v/s Economic Recovery – Reference to Inflation
Global economic recovery will be slow and painful, reason being recovery will be led by technical advancement, increase efficiency and high productivity. AS JOB CREATION WILL LAG AND NOT LEAD THE GLOBAL ECONOMIC RECOVERY IN 21st CENTURY ECONOMIC CYCLE.
Lag in Job creation will subdue inflationary pressure and inflation will be under control until level of unemployment drops substantially.
IN Recovery period, Unemployment level is expected to be stable and productivity is expected to rise with technological enhancement, leading to increase profitability of business. Also this may increase net economic growth, but at a slower pace.
i.e. inflation will stay below Gross Domestic product.
Economic cycle 360 focus on Net Economic Growth and relative Net Global Economic Growth.
Economic Growth = Growth – Inflation
Currently, Global Economic Growth is Negative
Global economies are in a RECOVERY PERIOD and are expected to stay on track for recovery.
USA Federal authorities and economist has to get the facts straight by keeping up pace with modern economics: -
US Governing policy has now much more to focus on:
- How to curb foreign labor inflow to control level of employment and
- Support current unemployed work force to upgrade there skill in ever changing environment.
Unorganized economies are those economies, where government control the currency rates and currency rates are not decided by the free market mechanism, these countries currencies are known as non- convertible currency.
These economies have robust growth rate, but inflation rate surpass growth rate in real terms, leading to negative net economic growth. Inflationary pressure in these economies are extremely high as the government protect the economies from experiencing economic cycle in free global market through controlling exchange rates. Leading to closing in the price gap i.e. Purchasing Power Parity between Organized and Unorganized economies. Parity in Purchasing Power Parity without currency appreciation has lots of negative impact on those economies, one of them is inflation being higher than growth rate.
Thus pressure will mount on their currency rate to appreciate, unless level of appreciation of currency is determined by free market mechanism. Unorganized economic growth will never ketch up with inflation unless unorganized economies make currency convertible.
Check out more related fundamental of Currency Trading
Forex Metrics Currency Index Analysis – week of August 15,2010 by forexmetrics.com
Filed Under Articles, Forex Commentaries, Forex Metrics Currency Index, TradeVestment | Leave a Comment
Forex Metrics Currency Index Analysis – week of August 15,2010 by forexmetrics.com
Continuous Moving Average of Forex Metrics Currency Index current = 1.0500
Forex Metrics Currency Index, current = 0.9226
Continues moving average is higher than FMCI by -12.1345%
Last week Continuous moving average was down and shrinking indicates not much change in economic outlook and sign of slowing down recovery. Global Economic data is consistent with the currency values.
As per our Forex Metrics Currency Index Analysis:
Global Economic Growth is Negative
Economic Growth = Growth – Inflation
Currently, Global economies are in a RECOVERY PERIOD and are expected to stay on track for recovery but at a slower pace.
Job creation will continue to lag in USA, but this may keep inflation in check, thus allowing Federal authorities to keep interest rate lower for extended period of time.Until net economic growth is positive i.e. inflation will stay below Gross Domestic product.
Don’t be surprise if USA interest rate stays at same level for another year.
Forex Metrics Currency Index represents global single currency Index and reflect global economic strength or weakness. Where as Convertible Currency rates of a economy represents its economic Cycle. Also known as organized economy.
Individual currency baskets in Forex Metrics Currency represents their current economic period of that economy and its relative strength against global economy and paired currency.
USD:
Last week USA economic data was mixed, but in line with expectations
Economic cycle: Recovery Period
Interest Rate Bias: Neutral
USD FMC Index Trend: Down
USD will remain relatively stable compared to its paired currencies, but volatility expected to be range bound.
EURO
Correction and stability may continue against USD.
EURO is expected to stay positive against USD
Economic cycle: Recovery Period
Interest Rate Bias: Neutral
Pair Trend: Uptrend
Signal: BUY
EUR/USD: Resistance at 1.3090 and Support at 1.2515
CABLE
Cable is expected to be positive against USD and may stabilize with volatilityagainst USD
Economic cycle: Recovery Period
Interest Rate Bias: Upward
Pair Trend: Uptrend
Signal: BUY
GBP/USD: Resistance at 1.5920 and Support at 1.5335
YEN
Remains positive basket in our index and gaining strenght against USD.
Yen is expected to remain strong and Range bound against USD.
Economic cycle: Stability Period
Interest Rate Bias: Neutral
Pair Trend: Down
Signal: Neutral
USD/JPY : Resistance at 88.60 and Support at 84.70
Canadian Dollar:
CAD falls as oil and commodity drops, but pair may stay range bound.
If support is broken expect parity.
Economic cycle: Recovery Period
Interest Rate Bias: Upward
Pair Trend: Neutral
Signal: Short at resistance or Long on support
USD/CAD: Resistance at 1.0620 and Support at 1.0250
Check out our Forex Metrics Currency Index
For long term forex trading strategy check out Tradevestment
Home Page Forex Metrics
Forex Metrics Currency Index Analysis – week of August 8,2010 by forexmetrics.com
Filed Under Articles, Forex Commentaries, Forex Metrics Currency Index, TradeVestment | Leave a Comment
Forex Metrics Currency Index Analysis - week of August 1,2010 by forexmetrics.com
Continuous Moving Average of Forex Metrics Currency Index current = 1.0508
Forex Metrics Currency Index, current = 0.9364
Continues moving average is higher than FMCI by -10.8858%
Last week Continous moving average was down and shrinking.
While F.M.C. Index is almost at same level from previous week, indicates not much change in economic outlook.
Global Economic data is consistant with the currency values and our index signifing over all range bound.
As per our Forex Metrics Currency Index Analysis:
Global Economic Growth is Negative
Economic Growth = Growth – Inflation
Currently, Global economies are in a RECOVERY PERIOD and are expected to stay on track for recovery.
USA Government and economist has to get the facts straight: -
JOB CREATION WILL LAG AND NOT LEAD THE RECOVERY IN 21st CENTURY ECONOMIC CYCLE.
Unemployment level is expected to rise and productivity is expected to rise with technological enhancement, leading to increase profitability of business.
US Governing policy has now much more to focus on how to curb foreign labor inflow to control level of employment.
This may lead to net economic growth as inflation will stay below Gross Domestic product.
Forex Metrics Currency Index represents global single currency Index and reflect global economic strenght or weakness. Where as Convertable Currency rates represents economic Cycle of a economy.
Individual currency baskets in Forex Metrics Currency represents their current economic period, relative strenght against global index and paired currency.
USD:
Last week global economic data was in line with expectations
Economic cycle: Recovery Period
Interest Rate Bias: Neutral
USD FMC Index Trend: Down
USD will remain relatively weak compared to its paired currencies, but volatility expected to be range bound.
EURO
Recovered may continue to recover against USD.
EURO is expected to stay positive against USD
Economic cycle: Recovery Period
Interest Rate Bias: Neutral
Pair Trend: Uptrend
Signal: BUY
EUR/USD: Resistance at 1.3490 and Support at 1.2925
CABLE
Cable is expected to be positive against USD and may break resistance against USD
Economic cycle: Recovery Period
Interest Rate Bias: Upward
Pair Trend: Uptrend
Signal: BUY
GBP/USD: Resistance at 1.61250 and Support at 1.5475
YEN
Remains positive basket in our index and gaining strenght against USD.
Yen is expected to be stable and Range bound against USD.
Economic cycle: Stability Period
Interest Rate Bias: Neutral
Pair Trend: Down
Signal: Neutral
USD/JPY : Resistance at 88.60 and Support at 84.70
Canadian Dollar:
CAD is moving in positivite direction and stronger, but pair may stay range bound.
If support is broken expect parity.
Economic cycle: Recovery Period
Interest Rate Bias: Upward
Pair Trend: Neutral
Signal: No Trade
USD/CAD: Resistance at 1.0620 and Support at 1.0250
Check out our Forex Metrics Currency Index
For long term forex trading strategy check out Tradevestment
Home Page Forex Metrics
Forex Metrics Currency Index Analysis – week of August 1 -2010 by forexmetrics.com
Filed Under Articles, Forex Commentaries, Forex Metrics Currency Index, TradeVestment | Leave a Comment
Forex Metrics Currency Index Analysis - week of August 1,2010 by forexmetrics.com
Continuous Moving Average of Forex Metrics Currency Index current = 1.0516
Forex Metrics Currency Index, current = 0.9369
Continues moving average is higher than FMCI by -10.9073%
Last week Continous moving average moved downwards and shrinking.
While F.M.C. Index is marginally UP from last week, indicates not much change in economic outlook.
Global Economic data is consistant with the currency values and our index signifing over all range bound.
As per our Forex Metrics Currency Index Analysis:
Global Economic Growth is Negative
Economic Growth = Growth – Inflation
Currently, Global economies are in a RECOVERY PERIOD and are expected to stay on track for recovery.
Forex Metrics Currency Index represents global single currency Index and reflect global economic strenght or weakness. Where as Convertable Currency rates represents economic Cycle of a economy.
Individual currency baskets in Forex Metrics Currency represents their current economic period, relative strenght against global index and paired currency.
Last week global economic data was in line with expectations:
Economic cycle: Recovery Period
Interest Rate Bias: Neutral
USD will remain relatively weak compared to its paired currencies, but volatility expected to be range bound.
Recovered may continue to recover against USD.
EURO is expected to be positive against Pound and break resistance against USD
Economic cycle: Recovery Period
Interest Rate Bias: Neutral
Trend: Uptrend
Signal: BUY
EUR/USD: Resistance at 1.3490 and Support at 1.2720
Economic cycle: Recovery Period
Interest Rate Bias: Upward
Trend: Uptrend
Signal: BUY
GBP/USD: Resistance at 1.5780 and Support at 1.4960
Yen is expected to be stable and Range bound against USD.
Economic cycle: Stability Period
Interest Rate Bias: Neutral
Trend: Neutral
Signal: Buy
USD/JPY : Resistance at 91.00 and Support at 86.40 Canadian Dollar:
CAD is moving in positivite direction and stronger, but pair may stay range bound.
If support is broken expect parity.
Economic cycle: Recovery Period
Interest Rate Bias: Upward
Trend: Neutral
Signal: No Trade
USD/CAD: Resistance at 1.0620 and Support at 1.0090
Check out our Forex Metrics Currency Index
Home Page Forex Metrics
Trade With TradeVestment – Our Forex Trading Strategy Report – By Kersi Jilla of ForexMetrics.com
Filed Under TradeVestment | Comments Off
Signalling Profit
For Daily Current Report Subscribe to TradeVestment
July 22, 2010
TradeVestment is a to subscription Forex Strategy Report published and updated frequently. TradeVestment provides trading signals and forecast to traders for just $10 a month.
TradeVestment Forex Strategy report includes:
* Trade signals for 6 major currency pairs ideal for part time traders and professionals.
* Signals for buy and sell is based on Fundamental analysis, Technical analysis and Forex Metrics Currency Index.
* We provide support level, resistance level, trading bands, currency trends and ranges.
* Forex Commentaries
* Interest Rates Projection
Click here for Global Interest Rates Projection and Interest Rates
|
TradeVestment Strategy Cockpit |
|
Forex Strategy for July 23, 2010 Updated on : July 22, 2010 – 21:00 EST |
| TradeVestment Trading Strategy for Individual Currency Pairs |
| TradeVestment | EUR/USD | GBP/USD | USD/JPY |
| Current Rate | 1.2893 | 1.5259 | 86.94 |
| Fundamental Strategy | Sell | Sell | Sell |
| F.M C.Index Strategy | Sell | Sell | Sell |
| - | |||
| Trading Strategy | Sell | Sell | Sell |
| Currency Pair Trend | Strong Buy | Strong Buy | Strong Sell |
| Currency Oscillator | Sell | Sell | Sell |
| Currency Pair Strength | Strong | Weak | Strong |
| - | |||
| Signal | Scalp Sell | Neutral | Strong Sell |
| Position/Action | No Trade | No Trade | Open |
| - | |||
| TradeVestment | USD/CHF | USD/CAD | AUD/USD |
| Current Rate | 1.0429 | 1.0372 | 0.8934 |
| Fundamental Strategy | Sell | Sell | Buy |
| F.M C.Index Strategy | Sell | Sell | Buy |
| - | |||
| Trading Strategy | Sell | Sell | Buy |
| Currency Pair Trend | Sell | Neutral | Strong Buy |
| Currency Oscillator | Sell | Sell | OverBought |
| Currency Pair Strength | Strong | Weak | Weak |
| - | |||
| Signal | Strong Sell | Neutral | Buy |
| Position/Action | No Trade | No Trade | No trade |
| - | |||
Notes:
TraveVestment Strategy is based on hypothetical trading.
USD 10,000 is hypothetical capital considered for calculating equity.
1 pip is equal to 1 USD for calculation purpose only.
Commission is Nil.
Hypothetical trade positions are opened and closed based on actual quotes.
| Orders | |||||||||
| Date | Pairs | B/S | Entry Range | Lot Size | Target | Stop | P/L | P/L $ | |
| - | - | - | - | - | - | - | - | - | - |
| Open Positions | |||||||||
| Date | Pairs | Buy/Sell | Entry | Lot Size | Target-Range | Current Rate | P/L Pips | P/L $ | |
| Aug-11 | USD/JPY | B | 95.90 | 0.1 | - | - | 86.94 | -896 | -896 |
| Aug-14 | USD/JPY | B | 94.60 | 0.1 | - | - | 86.94 | -766 | -766 |
| May-18 | USD/JPY | B | 91.90 | 0.1 | - | - | 86.94 | -496 | -496 |
| June-23 | USD/JPY | B | 90.00 | 0.1 | - | - | 86.94 | -306 | -306 |
| July-01 | USD/JPY | B | 87.50 | 0.1 | 90.00 | 90.10 | 86.94 | -56 | -56 |
| Closed PositionClick here for detail Performance | |||||||||
| Op-Rate | Pairs | B/S | Open Date | Lot Size | Close Date | Cl-Rate | P/L Pips | P/L $ | |
| - | - | - | - | - | - | - | - | - | |
|
Notes: Hypothetical Trading Forex Trading Strategy : Trading is based on Fundamental Analysis. Technical Analysis is applied to Open Position / Target Rate / Stop Loss. Statistical Tools is applied to Average Positions based on Fundamentals. Choose STOP LOSS or AVERAGING DEPENDING ON YOUR INDIVIDUAL FINANCIAL PLANNING See Below For Detail Trading Strategy for Range of the respective Currency Pair. |
|||||||||
| Good Luck | ||||||||
| Disclaimer | Legal Disclaimer | Terms Of Use. | ||||||
| Please be advised that above views are of the author of ForexMetrics and above | ||||||||
| material is for the purpose of reference only and author or Forex Metrics Inc. will | ||||||||
| not be responsible in any way, for any decision based on the above material. We | ||||||||
| recommend that you consult your financial registered or license advisor before | ||||||||
| making decisions. Read our Legal Disclaimer and Terms of Use before reading | ||||||||
| TradeVestment, Reports or any other material on our website. | ||||||||
| Risk Disclosure: | ||||||||
| Trading Futures, Options on Futures, and Foreign Exchange | ||||||||
| involves substantial risk. You should carefully consider whether trading is suitable | ||||||||
| for you in light of your circumstances, knowledge, and financial resources. | ||||||||
| Opinions, market data, and recommendations are subject to change at any time. | ||||||||
| The information contained on this website does not constitute a solicitation to buy or | ||||||||
| sell by forexmetrics.com and/or its affiliates, and is not to be available to individuals | ||||||||
| in a jurisdiction where such availability would be contrary to local regulation or law. | ||||||||
Trade With TradeVestment – Our Forex Trading Strategy Report – By Kersi Jilla of ForexMetrics.com
Filed Under TradeVestment | Comments Off
Signalling Profit
For Daily Current Report Subscribe to TradeVestment
July 21, 2010
TradeVestment is a to subscription Forex Strategy Report published and updated frequently. TradeVestment provides trading signals and forecast to traders for just $10 a month.
TradeVestment Forex Strategy report includes:
* Trade signals for 6 major currency pairs ideal for part time traders and professionals.
* Signals for buy and sell is based on Fundamental analysis, Technical analysis and Forex Metrics Currency Index.
* We provide support level, resistance level, trading bands, currency trends and ranges.
* Forex Commentaries
* Interest Rates Projection
Click here for Global Interest Rates Projection and Interest Rates
|
TradeVestment Strategy Cockpit |
|
Forex Strategy for July 22, 2010 Updated on : July 21, 2010 – 19:00 EST |
| TradeVestment Trading Strategy for Individual Currency Pairs |
| TradeVestment | EUR/USD | GBP/USD | USD/JPY |
| Current Rate | 1.2754 | 1.5165 | 87.05 |
| Fundamental Strategy | Sell | Sell | Sell |
| F.M C.Index Strategy | Sell | Sell | Sell |
| - | |||
| Trading Strategy | Sell | Sell | Sell |
| Currency Pair Trend | Strong Buy | Strong Buy | Strong Sell |
| Currency Oscillator | Sell | Sell | Buy |
| Currency Pair Strength | Strong | Weak | Strong |
| - | |||
| Signal | Scalp Sell | Neutral | Neutral |
| Position/Action | No Trade | No Trade | Open |
| - | |||
| TradeVestment | USD/CHF | USD/CAD | AUD/USD |
| Current Rate | 1.0513 | 1.0490 | 0.8781 |
| Fundamental Strategy | Sell | Sell | Buy |
| F.M C.Index Strategy | Sell | Sell | Buy |
| - | |||
| Trading Strategy | Sell | Sell | Buy |
| Currency Pair Trend | Sell | Neutral | Buy |
| Currency Oscillator | Buy | Sell | OverBought |
| Currency Pair Strength | Strong | Weak | Weak |
| - | |||
| Signal | Neutral | Neutral | Neutral |
| Position/Action | No Trade | No Trade | No trade |
| - | |||
Notes:
TraveVestment Strategy is based on hypothetical trading.
USD 10,000 is hypothetical capital considered for calculating equity.
1 pip is equal to 1 USD for calculation purpose only.
Commission is Nil.
Hypothetical trade positions are opened and closed based on actual quotes.
| Orders | |||||||||
| Date | Pairs | B/S | Entry Range | Lot Size | Target | Stop | P/L | P/L $ | |
| - | - | - | - | - | - | - | - | - | - |
| Open Positions | |||||||||
| Date | Pairs | Buy/Sell | Entry | Lot Size | Target-Range | Current Rate | P/L Pips | P/L $ | |
| Aug-11 | USD/JPY | B | 95.90 | 0.1 | - | - | 87.05 | -885 | -885 |
| Aug-14 | USD/JPY | B | 94.60 | 0.1 | - | - | 87.05 | -755 | -755 |
| May-18 | USD/JPY | B | 91.90 | 0.1 | - | - | 87.05 | -485 | -485 |
| June-23 | USD/JPY | B | 90.00 | 0.1 | - | - | 87.05 | -295 | -295 |
| July-01 | USD/JPY | B | 87.50 | 0.1 | 90.00 | 90.10 | 87.05 | -45 | -45 |
| Closed PositionClick here for detail Performance | |||||||||
| Op-Rate | Pairs | B/S | Open Date | Lot Size | Close Date | Cl-Rate | P/L Pips | P/L $ | |
| - | - | - | - | - | - | - | - | - | |
|
Notes: Hypothetical Trading Forex Trading Strategy : Trading is based on Fundamental Analysis. Technical Analysis is applied to Open Position / Target Rate / Stop Loss. Statistical Tools is applied to Average Positions based on Fundamentals. Choose STOP LOSS or AVERAGING DEPENDING ON YOUR INDIVIDUAL FINANCIAL PLANNING See Below For Detail Trading Strategy for Range of the respective Currency Pair. |
|||||||||
| Good Luck | ||||||||
| Disclaimer | Legal Disclaimer | Terms Of Use. | ||||||
| Please be advised that above views are of the author of ForexMetrics and above | ||||||||
| material is for the purpose of reference only and author or Forex Metrics Inc. will | ||||||||
| not be responsible in any way, for any decision based on the above material. We | ||||||||
| recommend that you consult your financial registered or license advisor before | ||||||||
| making decisions. Read our Legal Disclaimer and Terms of Use before reading | ||||||||
| TradeVestment, Reports or any other material on our website. | ||||||||
| Risk Disclosure: | ||||||||
| Trading Futures, Options on Futures, and Foreign Exchange | ||||||||
| involves substantial risk. You should carefully consider whether trading is suitable | ||||||||
| for you in light of your circumstances, knowledge, and financial resources. | ||||||||
| Opinions, market data, and recommendations are subject to change at any time. | ||||||||
| The information contained on this website does not constitute a solicitation to buy or | ||||||||
| sell by forexmetrics.com and/or its affiliates, and is not to be available to individuals | ||||||||
| in a jurisdiction where such availability would be contrary to local regulation or law. | ||||||||
Trade With TradeVestment – Our Forex Trading Strategy Report – By Kersi Jilla of ForexMetrics.com
Filed Under TradeVestment | Comments Off
Signalling Profit
For Daily Current Report Subscribe to TradeVestment
July 20, 2010
TradeVestment is a to subscription Forex Strategy Report published and updated frequently. TradeVestment provides trading signals and forecast to traders for just $10 a month.
TradeVestment Forex Strategy report includes:
* Trade signals for 6 major currency pairs ideal for part time traders and professionals.
* Signals for buy and sell is based on Fundamental analysis, Technical analysis and Forex Metrics Currency Index.
* We provide support level, resistance level, trading bands, currency trends and ranges.
* Forex Commentaries
* Interest Rates Projection
Click here for Global Interest Rates Projection and Interest Rates
|
TradeVestment Strategy Cockpit |
|
Forex Strategy for July 21, 2010 Updated on : July 20, 2010 – 20:00 EST |
| TradeVestment Trading Strategy for Individual Currency Pairs |
| TradeVestment | EUR/USD | GBP/USD | USD/JPY |
| Current Rate | 1.2881 | 1.5264 | 87.51 |
| Fundamental Strategy | Sell | Sell | Sell |
| F.M C.Index Strategy | Sell | Sell | Sell |
| - | |||
| Trading Strategy | Sell | Sell | Sell |
| Currency Pair Trend | Strong Buy | Strong Buy | Strong Sell |
| Currency Oscillator | OverBought | Sell | Buy |
| Currency Pair Strength | Strong | Weak | Strong |
| - | |||
| Signal | Scalp Buy | Neutral | Neutral |
| Position/Action | No Trade | No Trade | Open |
| - | |||
| TradeVestment | USD/CHF | USD/CAD | AUD/USD |
| Current Rate | 1.0529 | 1.0434 | 0.8839 |
| Fundamental Strategy | Sell | Sell | Buy |
| F.M C.Index Strategy | Sell | Sell | Buy |
| - | |||
| Trading Strategy | Sell | Sell | Buy |
| Currency Pair Trend | Sell | Buy | Buy |
| Currency Oscillator | Buy | Sell | OverBought |
| Currency Pair Strength | Strong | Weak | Weak |
| - | |||
| Signal | Neutral | Neutral | Neutral |
| Position/Action | No Trade | No Trade | No trade |
| - | |||
Notes:
TraveVestment Strategy is based on hypothetical trading.
USD 10,000 is hypothetical capital considered for calculating equity.
1 pip is equal to 1 USD for calculation purpose only.
Commission is Nil.
Hypothetical trade positions are opened and closed based on actual quotes.
| Orders | |||||||||
| Date | Pairs | B/S | Entry Range | Lot Size | Target | Stop | P/L | P/L $ | |
| - | - | - | - | - | - | - | - | - | - |
| Open Positions | |||||||||
| Date | Pairs | Buy/Sell | Entry | Lot Size | Target-Range | Current Rate | P/L Pips | P/L $ | |
| Aug-11 | USD/JPY | B | 95.90 | 0.1 | - | - | 87.51 | -839 | -839 |
| Aug-14 | USD/JPY | B | 94.60 | 0.1 | - | - | 87.51 | -709 | -709 |
| May-18 | USD/JPY | B | 91.90 | 0.1 | - | - | 87.51 | -439 | -439 |
| June-23 | USD/JPY | B | 90.00 | 0.1 | - | - | 87.51 | -249 | -249 |
| July-01 | USD/JPY | B | 87.50 | 0.1 | 90.00 | 90.10 | 87.51 | 1 | 1 |
| Closed PositionClick here for detail Performance | |||||||||
| Op-Rate | Pairs | B/S | Open Date | Lot Size | Close Date | Cl-Rate | P/L Pips | P/L $ | |
| - | - | - | - | - | - | - | - | - | |
|
Notes: Hypothetical Trading Forex Trading Strategy : Trading is based on Fundamental Analysis. Technical Analysis is applied to Open Position / Target Rate / Stop Loss. Statistical Tools is applied to Average Positions based on Fundamentals. Choose STOP LOSS or AVERAGING DEPENDING ON YOUR INDIVIDUAL FINANCIAL PLANNING See Below For Detail Trading Strategy for Range of the respective Currency Pair. |
|||||||||
| Good Luck | ||||||||
| Disclaimer | Legal Disclaimer | Terms Of Use. | ||||||
| Please be advised that above views are of the author of ForexMetrics and above | ||||||||
| material is for the purpose of reference only and author or Forex Metrics Inc. will | ||||||||
| not be responsible in any way, for any decision based on the above material. We | ||||||||
| recommend that you consult your financial registered or license advisor before | ||||||||
| making decisions. Read our Legal Disclaimer and Terms of Use before reading | ||||||||
| TradeVestment, Reports or any other material on our website. | ||||||||
| Risk Disclosure: | ||||||||
| Trading Futures, Options on Futures, and Foreign Exchange | ||||||||
| involves substantial risk. You should carefully consider whether trading is suitable | ||||||||
| for you in light of your circumstances, knowledge, and financial resources. | ||||||||
| Opinions, market data, and recommendations are subject to change at any time. | ||||||||
| The information contained on this website does not constitute a solicitation to buy or | ||||||||
| sell by forexmetrics.com and/or its affiliates, and is not to be available to individuals | ||||||||
| in a jurisdiction where such availability would be contrary to local regulation or law. | ||||||||
keep looking »
TradeVestment
Links
- AMBKJ
- Contact/Comments - TradeVestment
- Favourite-Recipes Unwrapped
- Forex Directory
- Forexmetrics.com - Home
- TradeVestment - Login Member
- TradeVestment - Subscription
- Tradevestment - Performance
- TradeVestment - Reports
Categories
Recently Written
- Forex Metrics Currency Index Analysis – week of August 29, 2010 by forexmetrics.com
- YEN Versus YUAN – How Japanese Economy Balances Its Business
- Forex Metrics Currency Index Analysis – week of August 22,2010 by forexmetrics.com
- Job Creation v/s Economic Recovery – Reference to Inflation
- Forex Metrics Currency Index Analysis – week of August 15,2010 by forexmetrics.com
- Forex Metrics Currency Index Analysis – week of August 8,2010 by forexmetrics.com
- Forex Metrics Currency Index Analysis – week of August 1 -2010 by forexmetrics.com
- Trade With TradeVestment – Our Forex Trading Strategy Report – By Kersi Jilla of ForexMetrics.com
- Trade With TradeVestment – Our Forex Trading Strategy Report – By Kersi Jilla of ForexMetrics.com
- Trade With TradeVestment – Our Forex Trading Strategy Report – By Kersi Jilla of ForexMetrics.com
Archives
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
