Daily Trade for Feb. 4, 2010

$ � � �

GreenForexTrading.com

ForeX forX-tra Gr��n

Hi everyone,

In this email I am going to give you my view on the market for today,
Thursday the 4th of February 2010.

As I write this many pairs collapsed in the US session as much as 300
pips!!! For those sitting in the monster trades you should be very
happy as the EUR/JPY is now in the 123 range from our recommended 126
to 127 SELL&thats some 300+ pips in one week!! Not to be out done the
GBP/JPY monster trade collapsed almost 400 pips from our recommended
144-145 range to a current print of 141.0 in the same time frame!!!
Take some profits if you took this recommendation. In addition,
yesterdays trade to SELL EUR/JPY was filled giving up to 60 pips
depending on how the trade was managed. Can it get any better&Yes it
can! I am now running a Trading Room Special of $7 for 7 days!! Dont
miss more PIPS! With a few reports to move the markets today and
reaction moves expected to this mornings collapse, more volatility
is expected. A position trade along with a scalp trade or two should
be in order in the Trading Room as some breakout trend plays are
forecast. Trading volatility should remain be good as the day wears
into the US session and we will still look to capitalize on any
opportunities going forward.

*There is no swing trade for todays session as volatility would make
timing stops meaningless at this point.*

*NOTE: The EUR/JPY @122-123 and GBP/JPY @140-142 are in regions for
taking profits as bounces are expected to be fast and furious. Smoke
em if you got em!!! We will have a Monster Trade update in this
Weekend Outlook.*

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!!!*

*Trades are issued in real time, including exact entries, exits and
detailed explanations. The service costs $99 per month, and we also
offer a 7-day trial for $39. 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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