Current USD Trading Plans

FEW

Master Trader
Jul 26, 2009
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www.forexearlywarning.com
USD/JPY – set a buy alarm on this pair at 102.15, is should cycle back up on the H4 time frame to the 104.00 area.

AUD/USD – this pair is in a strong uptrend but the smaller time frames are choppy, we would consider a buy signal on this pair in the main session, it has very good upside potential.

NZD/USD – strong uptrend in place set buy alarm at 0.8725, next resistance is at 0.8800 but is should break through this price.

USD/CAD – D1 downtrend in place, some minor support to 1.0855 but room below there to about the 1.0700 support level.

GBP/USD – long term uptrend in place set buy alarm at 1.6800, this is a breakout level price with substantial upside potential.

When the price alarms hit verify any buy entries in the main session with The Forex Heatmap® and look for USD weakness or cross currency strength or both upon entry.

Good Trading
Mark Mc Donnell
www.forexearlywarning.com
Spot Forex Trading Plans and Live
Entry Signals For 28 Currency Pairs
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Click on Image to expand the Example of USD Weakness using The Forex Heatmap®
 

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