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Predicting Future Forex Movements

forex-forecasting.jpgThe answer is nope, no one can predict what can happen in the future, even for the next 5 minute! However by using Technical or fundamental, or both it is possible to forecasting with good accuracy indeed not in 100% accuracy.

To be able to forecast with a high success ratio requires a deep understanding of price movement, why it does what it does and what happens when it doesn’t move in the way that has been predicted.

Daily Forex Signal 3 SEP 2009 released 00.09 GMT

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D20P BUY B GBP/USD 1.6268

take profit 1.6288

stoploss 1.6238

DAILY20PIP.COM ADVICE : SIDEWAY MARKET AHEAD

system option : add spread on buy order

RESULT WIN

Meet The Forex Player

forex-player.jpgCentral Banks and Local Banks
Central banks can play an important part in controlling the country’s money supply to insure financial stability. Their policies can play a major roll in the FX market. While A large part of FX turnover is from local banksand it can literally trade billions of dollars daily.

Corporate Business
Many companies have to import or exports goods to different countries all around the world. Payment for these goods and services may be made and received in different currencies. Many billions of dollars are exchanges daily to facilitate trade. The timing of those transactions can dramatically affect a company’s balance sheet.

Daily Forex Signal 2 SEP 2009 released 00.09 GMT

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D20P SELL B GBP/USD 1.6173

take profit 1.6153

stoploss 1.6203

DAILY20PIP.COM ADVICE : SIDEWAY MARKET AHEAD
SIGNAL VALID FROM 6.00 GMT - 18.00 GMT

RESULT WIN

 

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