Archive for October, 2007




Oct 31st 2007

US Dollar Index

The major trend of the US Dollar Index is still down. On Tuesday, the index went to a high of 76.98 before settling at 76.72, which is down by 0.07 compared to the previous day. The low of the week is 76.69. Immediate resistance to the Index is 78.96 (13-Week Moving Average Line), followed by 80.00.

Oct 29th 2007

Clarence, Forex Club updates on technical views,

US Dollar Index

The major trend of the US Dollar Index is still down. On Monday, the index went to a high of 77.06 before settling at 76.78, which is down by 0.20 compared to the previous week. The low of the week is 76.77. Immediate resistance to the Index is 78.96 (13-Week Moving Average Line), followed by 80.00.

Oct 29th 2007

Here’s a simple system that my friend Jose Leon has compiled on pdf. It’s relatively simple and make uses of Price Action, Support and Resistance.

Jose’s PDF

Download it here. (Right-click and ‘Save As’ to your computer. Note, you’ll need Acrobat Reader to read it)

A clip of the pdf.

Oct 28th 2007

Hello forex fans!

Yes, I know its been awhile, but I have a dominate side for perfection.

For the past couple of weeks, as long as you have been trading against the dollar, you should have done somewhat well. Im here to tell you, this isnt going to end anytime soon.

Oct 28th 2007

US Dollar Index

The major trend of the US Dollar Index is still down. Last Friday, the index went to a high of 77.21 before settling at 76.98, which is down by 0.25 compared to Thursday. The low of the week is 76.94. Immediate resistance to the Index is 79.21 (13-Week Moving Average Line), followed by 80.00.

Oct 23rd 2007

Sigh, this reminds me of something that happened to myself too. Felix from Forexbastards has sent an update with regards to ForexGen, here’s a short clip..

Forex Gen Scam Alert

This is Felix. I wanted to share a very disturbing story with you… Though I can’t guarantee that this is the truth, but from my investigation and my understanding it seems a very legitimate story.

Oct 23rd 2007

Wonder when is his ebook gonna be ready for sale, hmm.

US Dollar Index

The major trend of the US Dollar Index is still down. On Tuesday, the index went to a high of 77.83 before settling at 77.525, which is down by 0.50 compared to Monday. The low of the week is 77.08. Immediate resistance to the Index is 79.253 (13-Week Moving Average Line), followed by 80.00.

Oct 22nd 2007

Clarence shares his views on the majors with all TNT and non TNT students,

US Dollar Index

The major trend of the US Dollar Index is still down. On Monday, the index went to a high of 78.17 before settling at 77.96, which is up by 0.59 compared to last Friday. The low of the week is 77.08. Immediate resistance to the Index is 79.29 (13-Week Moving Average Line), followed by 80.00.

Oct 21st 2007

US Dollar Index

The major trend of the US Dollar Index is still down. Last Friday, the index went to a high of 77.57 before settling at 77.37, which is down by 0.15 compared to the previous day. The low of the week is 77.33. Immediate resistance to the Index is 79.51 (13-Week Moving Average Line), followed by 80.00.

Oct 18th 2007

Hello,

Here are my thoughts for today. No explanations or charts this time, just simple ’signals’.

AUD/USD (0.8915)

Trend: Downward

Take profit target at 0.8775

Stop loss (and reverse position) at 0.8990

GBP/USD (2.0442)

Trend: Uptrend

Take profit target at 2.0600

Stop loss (and reverse position) at 2.0370

Regards,
Dan
Life Holdings Management




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