Thursday, May 28, 2009

Daily Trading signal from Green Forex for today , May 29th, 2009

Hi everyone,

In this email I am going to review the price action from yesterday
and give you my view on the market for today, Friday the 28th.

So for yesterday my call was Long Gbp/Jpy at around 153.00, and this
trade did not trigger. The markets kept the rally during the asian
session all the way to the 154 area. There was a chance to enter this
trade when it retraced 50% to 153.50 and then we did see a
continuation to 154.90 so there were pips to be made in this move.

For today's session I don't have a clear trade at this time. I
expect Eur/Jpy and Eur/Usd to break up from the levels of resistance
and accelerate a move up if they do so I will be watching that , and
leave the pound alone for today , as it may retrace some more into
the weekend.

That's it for today , remember that I trade in the Live Forex
Trading Room between 2am-6am Eastern time, I will be hosting my
regular 4 hour session and this time I will be adding some long term
trades to the regular ones. So here will be a little more action and
lots of pips to be made. There is also a promotion to sign up before
the end of this month at a great low price (99$/month!!)

**Enjoy trading and good luck everyone!**

**Mr.Green**


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