Blog Roll

GBPCHF- Continuation?
Tuesday, July 22, 2014 - 07:36
Target Trading in the Forex upcoming week of July20, 2014
Target Trading in the Forex upcoming week of July20, 2014
Target Trading in the Forex upcoming week of July20, 2014
Target Trading in the Forex upcoming week of July20, 2014
Saturday, July 19, 2014 - 10:21

$EURUSD

What ProAct Forex Target Traders See:  We are currently sitting @ 1.3525 IF we can take out the former support @ 1.3491.  We are looking for breakdown to the support at 1.3385. The average daily true range (ATR) for the pair currently is 39 pips.

 

—————————————————————————--

$USDJPY                                                                                                                                               

What ProAct Forex Target Traders See:  We are currently @ 101.36 – 4 pips off of last week.  We are still in a range and a descending wedge so we are looking for a continuation to the S4 @ 100.50 as the target.     The Pair is extremely reluctant to moving into this range so be ready for a bounce. The average daily true range (ATR) for the pair currently is ONLY 31 pips.

 

——————————————————————————–

$GBPUSD                                                                                                          

What ProAct Forex Target Traders See:  Cable is currently sitting @ 1.7086.  We continue to show signs of even higher highs and currently the bull flag confirms another run to the top.  Look for the next target @ 1.7300.   If we get a breakdown - target the 1.6926.  The average daily true range (ATR) for the pair currently is 57 pips.

——————————————————————————–

$AUDUSD – A great smooth currency for Newbie’s! 

What ProAct Forex Target Traders See:  Aussie is @ 0.9393- 2 pips off of last week and in a rectangle pattern which is bearish.  We continue to look lower to the S4 @ 0.9266 for the next move and maybe as low as the support @ 0.9200.  The average daily true range (ATR) for the pair currently is 45 pips.

 

Forex Trading Software and Live Forex Trade Room

 

CAUTION IS URGED - TRADE WITH STOPS!!!!!


IMPORTANT NOTICE: These comments are for information purposes only. The information contained on this document does not constitute a solicitation to buy or sell by ProAct Traders, LLC., www.proacttraders.com Forex Target Trading www.forextargettrading.com and/or its affiliates, and is not to be available to individuals in a jurisdiction where such availability would be contrary to local regulation or law. Opinions, market data, and recommendations are subject to change at any time. Forex trading involves substantial risk of loss and is not suitable for all investors. We monitor multiple indicators as well as established chart analysis in our Forex trading software.

There is No “Holy Grail” in Forex trading systems. Do not use our research or any other trading system without proper research on the asset.

This is an opinion ONLY - and not a trade call, but a study that may lead you to a trade. I do not know whether this will transpire or not so use your own judgment. 

$NZDUSD - continuation?
Friday, July 18, 2014 - 09:05

Currently we are at 0.8667.We are looking for a continuation to the S4/.500 fibo area @ 0.8604AFTER the break of the descending wedge.  The average daily true range (ATR) for the pair currently is 43 pips.

$AUDUSD- Bounce?
Thursday, July 17, 2014 - 08:07
Target Trading in the Forex upcoming week of July13, 2014
Target Trading in the Forex upcoming week of July13, 2014
Target Trading in the Forex upcoming week of July13, 2014
Target Trading in the Forex upcoming week of July13, 2014
Saturday, July 12, 2014 - 09:57

$EURUSD 

What ProAct Forex Target Traders See:  We are currently sitting @ 1.3609 and view this  as a corrective wave.  We are looking for breakdown to the support at 1.3500. The average daily true range (ATR) for the pair currently is 38 pips.

 

—————————————————————————--

$USDJPY                                                                                                                                               

What ProAct  Forex Target Traders See:  We are currently @ 101.32.  We are still in a range and a descending wedge so we are looking for a continuation to the S4 @ 100.50 as the target.     The average daily true range (ATR) for the pair currently is ONLY 31 pips.

 

——————————————————————————–

$GBPUSD                                                                                                          

What ProAct  Forex Target Traders See:  Cable is currently sitting @ 1.7121.  We continue to show signs of even higher highs and currently the bull flag confirms another run to the top.  Look for the next target @ 1.7300 and a breakdown would target the 1.7044.  The average daily true range (ATR) for the pair currently is 53 pips.

——————————————————————————–

$AUDUSD – A great smooth currency for Newbie’s! 

What ProAct  Forex Target Traders See:  Aussie is @ 0.9391 and in an a-b-c and bear flag.  We continue to look lower to the S4 @ 0.9266 for the next move.  The average daily true range (ATR) for the pair currently is 48 pips.

 

Forex Trading Software and Live Forex Trade Room

 

CAUTION IS URGED - TRADE WITH STOPS!!!!!


IMPORTANT NOTICE: These comments are for information purposes only. The information contained on this document does not constitute a solicitation to buy or sell by ProAct Traders, LLC., www.proacttraders.com Forex Target Trading www.forextargettrading.com and/or its affiliates, and is not to be available to individuals in a jurisdiction where such availability would be contrary to local regulation or law. Opinions, market data, and recommendations are subject to change at any time. Forex trading involves substantial risk of loss and is not suitable for all investors. We monitor multiple indicators as well as established chart analysis in our Forex trading software.

There is No “Holy Grail” in Forex trading systems. Do not use our research or any other trading system without proper research on the asset.

This is an opinion ONLY - and not a trade call, but a study that may lead you to a trade. I do not know whether this will transpire or not so use your own judgment. 

$EURJPY- Rectangle Break?
Friday, July 11, 2014 - 08:08

Currently we are at 137.77. We are looking for a continuation to the 1.270 area @ 137.00-137.08 AFTER the break of the rectangle.  The average daily true range (ATR) for the pair currently is 45 pips.

$GBPNZD- Wedge Break?
Thursday, July 10, 2014 - 08:00

Currently we are at 1.9424 attempting a break of the descending wedge. We are looking for a continuation to the day chart bottom area @ 1.9360 AFTER the break of the descending wedge.  The average daily true range (ATR) for the pair currently is 96 pips.

Log in

Need to register to access the site?
FREE Software Demo

Why not demo our Forex Trading Software Free for 10 days: all major currencies with free live training room during your demo time, tutorial library and all 4 setups. Get a Free 32 page Forex Target Trading eBook when you sign up.

Live Customer Chat NOT for Tech Support

Got a Quick Question?

If the icon below says "Chat" we are probably online (we're human, sometimes we forget to log off) - if not click the "Email" icon to send us a message.

NOTE:  We do not monitor the chat box for Tech Support.  Click here to get Tech Support and follow the prompts!

Example of Tech Support issues:

"Charts are locked you cannot work with them"

NOTE: "Locked" charts  is GOOD!

My password won't work,  Can't get my demo to work,  Can't access the website.

All of these are PC problems and require a tech to log onto your PC!