Trade With TradeVestment - Our Forex Trading Strategy Report - By Kersi Jilla of ForexMetrics.com

Filed Under TradeVestment |

   
Signalling Profit

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July 16, 2009 

TradeVestment Strategy Cockpit

Updated on : July 16, 2009 GMT : 1:00 AM
 
Current Positions & Open Orders
Date Pairs Status B/S Entry Target Stop P/L
May-25 USD/JPY Open B 94.70 - - -
Jun-11 USD/CAD Closed S 1.1250 1.1140 - 110
Jul-15 EUR/USD Order S 1.4200 1.3990 - -
Jul-15 USD/JPY Order B 92.70 - - -

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 AVERAGE DEPENDING ON FINANCIAL PLANNING

See Below For Detail Trading Strategy for Range of the respective Currency Pair.
 

 

TradeVestment Trading Strategy for Individual Currency Pairs
USD - FMCI Index UP USD - CMA DOWN
EUR/USD - - -
EURO INDEX UP Resistance-2 1.4676
EURO - CMA DOWN Resistance-1 1.4419
FMCI Analysis Negative Resistance 1.4260
Fundamental Analysis Neutral Median

1.4002
Technical Analysis Buy Support 1.3745
Technical Trend Range Support-1 1.3586
Current Rate 1.4101 Support-2 1.3329
Action Sell Order 1.4200 - 1.4230 Target

 

GBP/USD - - -
CABLE INDEX - GBP UP Resistance-2 1.7268
GBP - CMA DOWN Resistance-1 1.6923
FMCI Analysis Negative Resistance 1.6710
Fundamental Analysis Neutral Median 1.6365
Technical Analysis Buy Support 1.6019
Technical Trend Range Support-1 1.5806
Current Rate 1.6429 Support-2 1.5461
Action - HOLD -

 

USD/JPY - - -
YEN INDEX DOWN Resistance-2 100.00
YEN - CMA UP Resistance-1 98.07
FMCI Analysis Negative Resistance 96.87
Fundamental Analysis Neutral Median 94.94
Technical Analysis Sell Support 93.01
Technical Trend Range Support-1 91.81
Current Rate 94.19 Support-2 89.88
Action

Buy

 @ 92.40 - 92.70 Order
Open Position - A BUY @ 94.70 Target - 97.70 - 98.10 Target

 

USD/CAD - - -
CAN. DOLLAR INDEX UP Resistance-2 1.2172
CAD - CMA DOWN Resistance-1 1.1923
FMCI Analysis Positive Resistance 1.1768
Fundamental Analysis Neutral Median 1.1519
Technical Analysis Sell Support 1.1270
Technical Trend Range Support-1 1.1116
Current Rate 1.1157 Support-2 1.0866
Action

Hold

 Hold Hold
Position - A Closed SELL@1.1250 Target - 1.1140 Win

 

AUD/USD - - -
AUS. DOLLAR INDEX UP Resistance-2 0.8543
AUD - CMA DOWN Resistance-1 0.8320
FMCI Analysis Negative Resistance 0.8103
Fundamental Analysis Neutral Median 0.7960
Technical Analysis Buy Support 0.7737
Technical Trend Range Support-1 0.7599
Current Rate 0.8024 Support-2 0.7376
Action HOLD HOLD HOLD
 

 

 
Major Economies Interest Rate & Probability Of Interest Rate Change
Current Global Interest Rates Probability %Rate Change
U.S.A. 0.25% 99.00% 0.00% Neutral
E.U. 1.00% 95.00% -0.25% Bearish
U.K. 0.50% 63.00% -0.25% Bearish
JPY 0.10% 99.00% 0.00% Neutral
SWISS 0.25% 95.00% 0.00% Neutral
CAD 0.25% 95.00% 0.00% Neutral
AUD 3.00% 90.00% -0.50% Bearish
NZD 2.50% 90.00% -0.50% Bearish
Global Interest Rate Average-GIRA 0.98% 90.75% -0.19% Bearish
Bullish Currency to gain Strength as Interest Rate expected to increase.
Neutral Currency to Stabilize as Interest Rate is not expected to change.
Bearish Currency to get Weak as Interest Rate expected to fall.

 

FOREX METRICS CURRENCY INDEX - FOREX OUTLOOK

What To Expect In Forex Market ?
FMCI against previous closing UP 0.0151

*Forex Metrics Currency Index is consolidating positively and currency baskets are trending upwards signifying change of trend.
CMA is Greater than FMCI by 9.4402%
This indicates a net negative economic growth and recession.
FMCI Support & Resistance Level Support Resistance
0.9150 1.1150

* Recession will be said to be over only when FMCI crosses CMA.

*
Deflation and massive job cuts will continue
until productivity increased.
 

 

 Forex Metrics Currency Index By ForexMetrics.com 

Thursday, July 16, 2009
Forex Metrics Currency Index And Individual Currency Index
CURRENCIES CURRENT LAST PIPS % CHANGE
USD 1.2188 1.2110 0.0077 0.6364%
EUR 1.7231 1.6959 0.0272 1.6066%
GBP 2.0094 1.9832 0.0262 1.3225%
JPY 0.0019 0.0020 0.0000 -1.3444%
CHF 1.1334 1.1116 0.0218 1.9611%
CAD 1.0912 1.0665 0.0247 2.3141%
AUD 0.9757 0.9584 0.0173 1.8057%
NZD 0.7865 0.7702 0.0162 2.1088%
HKD 0.1476 0.1466 0.0010 0.6812%
SGD 0.8358 0.8269 0.0089 1.0816%
FMCI 0.9923 0.9772 0.0151 1.5464%
Forex Metrics Currency Index and Continuous Moving Average of Index
C.M.A. CURRENT PIPS CHANGE
USD 1.3082 1.2188 0.0895 -6.8401%
EUR 1.8776 1.7231 0.1545 -8.2276%
GBP 2.3436 2.0094 0.3342 -14.2600%
JPY 0.0018 0.0019 0.0001 5.5231%
CHF 1.1879 1.1334 0.0545 -4.5906%
CAD 1.2094 1.0912 0.1182 -9.7755%
AUD 1.0736 0.9757 0.0979 -9.1185%
NZD 0.8897 0.7865 0.1032 -11.6045%
HKD 0.1588 0.1476 0.0112 -7.0449%
SGD 0.9081 0.8358 0.0722 -7.9547%
FMCI 1.0958 0.9923 0.1034 -9.4402%
C.M.A. = CONTINUOUS MOVING AVERAGE

 

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