Blog Roll

$EURAUD- next wave?
Monday, January 26, 2015 - 07:43
Target Trading in the Forex upcoming week of January 25th, 2015
Target Trading in the Forex upcoming week of January 25th, 2015
Target Trading in the Forex upcoming week of January 25th, 2015
Target Trading in the Forex upcoming week of January 25th, 2015
Saturday, January 24, 2015 - 08:53

$EURUSD

What ProAct Forex Target Traders See:  We are currently sitting @ 1.1208.  Looking to see how strong the reaction we get here. We are looking for a bounce back to the 0.382 fibo @ 1.1468 and maybe higher to 1.1564. The average daily true range (ATR) for the pair currently is 142 pips.

 

————————————————————————--

$USDJPY                                                                                                                   

What ProAct Forex Target Traders See:  We are currently @ 117.81(just 20 pips difference from last week) in a wedge.  We are looking for more ranging before a breakout and continuation to the upside to the R8 Target @ 121.30.  The average daily true range (ATR) for the pair currently is 141 pips.

 

——————————————————————————–

$GBPUSD                                                                                                                   

What ProAct Forex Target Traders See:  Cable is currently sitting @ 1.4999. We are looking for the bottom which could be the S8 @ 1.4951 or anywhere on the trend wall or the 2.618 Fib Extension.  Once underway look for the 1.5100 equilibrium area.   The average daily true range (ATR) for the pair is 119 pips.

 

——————————————————————————–

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

What ProAct Forex Target Traders See:  Aussie is @ 0.7920.  We are looking for the S7 Bounce @ 0.7800 but may extend to the 1.618 fibo @ 0.7740. The average daily true range (ATR) for the pair currently is 103 pips.

 

Forex Trading Software and Live Forex Trade Room

 

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


IMPORTANT NOTICE: These comments are for educational 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. 

$EURGBP- triangle?
Thursday, January 22, 2015 - 07:32

Currently we are at 0.7645 in a triangle. We are looking for a continuation to the Fibo support area @ 0.7534 with an overall target @ 0.7454.  The average daily true range (ATR) for the pair currently is 58 pips.

$EURAUD- Bear flag?
Monday, January 19, 2015 - 08:36

Currently we are at 1.4125 in a bear flag. We are looking for the flag break and then a continuation to the Fibo support area @ 1.4009 with an overall target @ 1.3955.  Remember USA Holiday today.  The average daily true range (ATR) for the pair currently is 164 pips.

Target Trading in the Forex upcoming week of January 18th, 2015
Target Trading in the Forex upcoming week of January 18th, 2015
Target Trading in the Forex upcoming week of January 18th, 2015
Target Trading in the Forex upcoming week of January 18th, 2015
Saturday, January 17, 2015 - 09:28

$EURUSD

What ProAct Forex Target Traders See:  We are currently sitting @ 1.1569.  Looking to see how strong the reaction we get here. We are looking for a bounce back to the 0.500 fibo @ 1.1669 and maybe higher to the S7 @ 1.1883. The average daily true range (ATR) for the pair currently is 110 pips.

————————————————————————--

$USDJPY                                                                                                                   

What ProAct Forex Target Traders See:  We are currently @ 117.61 in a big box.  We are looking for a continuation to the upside and ultimately the R8 Target @ 121.30.  The average daily true range (ATR) for the pair currently is 132 pips.

 

——————————————————————————–

$GBPUSD                                                                                                                   

What ProAct Forex Target Traders See:  Cable is currently sitting @ 1.5159 in a bear flag.   We are looking for the break of the flag and then the  S8 @ 1.4924.  The average daily true range (ATR) for the pair is 119 pips.

——————————————————————————–

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

What ProAct Forex Target Traders See:  Aussie is @ 0.8236.  We have put in another top and the last two turned it so expect the same.  We are looking for 0.8073. The average daily true range (ATR) for the pair currently is 87 pips.

 

Forex Trading Software and Live Forex Trade Room

 

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


IMPORTANT NOTICE: These comments are for educational 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. 

Syndicate content

Log in

Need to register to access the site?
FREE Chart and Live Room Demo

Why not try our Forex Charting Software and Live Room Free for 10 days: all major currencies with free live training room included, 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!


Better Business Bureau Accreditation for ProAct Traders