Daily Trade for Feb. 18-19, 2010

$ � � �

GreenForexTrading.com

ForeX for-X-tra Gr��n

Hi everyone,

In this email I am going to give you my view for the Asian/London
sessions in the market for today, spanning Thursday the 18th to
Friday the 19th of February 2010.

* *Reviewing the charts and sentiment over the last US session has
revealed that sentiment while becoming extreme is poised to even
become more so the USD reacted to a modest 0.25% interest rate hike
on overnight loans taken by banks by taking out its former double top
and the EUR probing recent weekly lows looking for a potential retest.
Things are becoming very stretched in currency perception land and the
markets are increasingly being news driven. As I write the reversals
on reversals with some choppy trend moves are common. Initial
trending moves expected will apparently take more time. A redefined
standard strategy of playing retracements need be emphasized in this
environment. Just a little more time to confirm but we still expect
these moves to initiate, coinciding with the latter half of the month
but will also be ready to play just in case they do not. The
counter-move started yesterday and continuing has still not negated
the confirmation of the next longer term Monster Swing Trade. On
the contrary, it has given a better entry point for those looking to
scale in some fresh positions and will be forwarded to those in the
Live Trading Room. We will look to further define the Monster Swing
Trade for the February to March time frame in the next Weekly and
Monthly Trading Outlook newsletters, so stay tuned for more up-dates.
I am now running a Trading Room Special of $7 for 7 days!! IT IS
ENDING SOON! So dont miss more PIPS, SIGN UP TODAY!!! There are
quite a few reports to navigate today potentially affecting the EUR
and GBP nominated pairs, which should make for some interesting
trades in the Trading Room today. As always, adjust position size
accordingly to your risk tolerance and good trading to all.

*The swing trade for todays session is to BUY the GBP/USD on a TRADE
ABOVE 1.5450 with a STOP at 1.5430 with a TARGET of 1.5500 for 50 PIPS
.*

That's it for today. Remember that I trade in the Live Forex Trading
Room between 1am-6am Eastern Time. I will be hosting my regular 3-4
hour session and assessing and exploiting PIP opportunities as they
arise.

Enjoy trading and good luck everyone!

*Trade with Mr. GREEN for** **$7$/trial for 7 DAYS!!! ENDING SOON!!*

*Trades are issued in real time, including exact entries, exits and
detailed explanations. The service costs $99 per month after the
$7$/trial. So go to GreenForexTrading.com and take advantage of this
special offer.*

*Mr. Green*

* *

*Risk Warning!** *Trading foreign exchange on margin carries a high
level of risk, and may not be suitable for all investors. Past
performance is not indicative of future results. The high degree of
leverage can work against you as well as for you. Before deciding to
invest in foreign exchange you should carefully consider your
investment objectives, level of experience, and risk appetite. The
possibility exists that you could sustain a loss of some or all of
your initial investment and therefore you should not invest money
that you cannot afford to lose. You should be aware of all the risks
associated with foreign exchange trading, and seek advice from an
independent financial advisor if you have any doubts. All information
posted on this website is of our opinion and the opinion of our
visitors, and may not reflect current situations and occurrences.
Please, use your own good judgment and seek advice from a qualified
consultant, before believing and accepting and acting upon any
information posted here or on this website.

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