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When to Close Your Positions

Forex Market Analysis and Signals | Thursday, January 22nd, 2009

Hello :)

Our Tuesday positions made +177 pips for me. I rushed to close some of the trades at the next day morning and as soon as I did it they moved to my direction. If I had not closed them we could finish the day wit over 500 pips but we can never know. When you see the trade has become so close to the target but returned before hitting it, you’d better to close the trade. Usually I do it next day morning at about 10:30. The reason is that the New York session is started at that time and if our trades have not been able to hit the target and are moving against us, it is highly possible that they never hit the target because the New York session can keep them moving on the other direction.

Anyway! I could not post any signal last night because the weblog was hacked and I could not have access to the control panel. Some people not only tried to hack the weblog but also tried to remove the subscribers emails from the database which means they didn’t want people to receive my posts. I could easily keep the track of them and find out where they were from. Then my other question was automatically answered that “why don’t they like people to receive the posts?” I think you what I mean. They are wasting their time however.

Announcement (01:12 GMT, 23rd Jan): Ok! We are done for tonight. No more orders. Click Here if you are late.

Note:
1. Read the disclaimer before you use the below buy/sell signals.
2. If you have not received the below signals on time, just compare the current price
with the entry price and do not take any position if the target is already triggered or the
price is close to it.
3. Please note that some of the below signals are pending orders. So read all the explanations carefully before you take any position.
4. Cancel all the pending orders that are not triggered from the previous day.

CP What to Do? Entry Price Stop Loss Trailing Stop Take Profit Results
EUR/USD - - - - - -
GBP/USD - - - - - -
USD/CHF - - - - - -
USD/JPY - - - - - -

USD/CAD Sell (22:57 GMT, 22nd Jan) 1.2521 1.2831 80 1.2421 +100
(16:23 GMT, 23rd Jan)
USD/SGD - - - - - -
USD/NOK - - - - - -
USD/SEK - - - - - -
USD/DKK - - - - - -

EUR/JPY - - - - - -
EUR/CHF - - - - - -
EUR/GBP - - - - - -
EUR/AUS Buy (23:29 GMT, 22nd Jan) 1.9873 1.9572 80 1.9973 +6
(11:23 GMT, 23rd Jan)
Closed by the trailing stop.
EUR/CAD - - - - - -
EUR/NOK - - - - - -

GBP/JPY - - - - - -
GBP/CHF - - - - - -
GBP/AUS - - - - - -
GBP/CAD - - - - - -

CHF/JPY - - - - - -
CHF/SGD - - - - - -

CAD/JPY Buy (23:59 GMT, 22nd Jan) 71.19 67.95 80 72.19 +59
(16:25 GMT, 23rd Jan)
I closed at 71.78
CAD/CHF - - - - - -

AUS/USD - - - - - -
AUS/JPY - - - - - -
AUS/CAD - - - - - -
AUS/CHF - - - - - -
AUS/NZD - - - - - -
AUS/SGD - - - - - -

NZD/USD - - - - - -
NZD/JPY - - - - - -

SGD/JPY - - - - - -

Total:

+165

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8 Comments:
post a comment
Comment by Waco
2009-01-23 15:35:12

Great post! I made some pips on USD/CAD and EUR/AUS based on your recommendation.

Have a nice weekend ahead :)

Comment by Forexoma
2009-01-23 18:58:57

Hi Waco,

Glad to hear that. You have a nice weekend too.

Best regards,
Forexoma

 
 
Comment by priawansyah
2009-01-24 06:51:29

Hi Forexoma,
I missed your signals these days (2 weeks) because I did not open the email that I subscribed to your web beforehand. This was due to the fact that You have not posted any signal for quite a long time. Thanks much you come back.

If there is a hacker that is ot happy with your post, and would like to hack your post, please keep posting the signals by sending them to our email directly. Many bad people but few Good like you who are kind to devote benefits for the people lifes in this lobal crisis. Hope God always blesses you and your family.

Thanks and Cheers
Priawansyah

Comment by Forexoma
2009-01-24 11:00:13

Hi Priawansyah,

Thanks for your attentions. I also wish you and your family the best things.

Yes there are some people who try to stop me not just because they don’t want me to publish forex signals but as I also have some other kind of posts in my weblog I have attracted some mew enemies.

But sending the signals to the emails will have a lot of more difficulties and problems. I have to have this website up and running and people come and see the signals at a special time. This is better for everybody and will help people to receive the signals on time.

Best regards,
Forexoma

 
 
Comment by Randy
2009-01-24 12:14:02

Hi Forexoma

I hope this doesn’t get posted twice but I did not see my post after pressing the ‘Add Comment’ button so I am posting it again incase it actually did not make it the first time.

I am new to your free picks and look forward to your predictions. But, I do not get your daily picks until it is too late. I am in the US, currently 2 hours behind Eastern Standard Time. What time, your time, do you send out your picks?

Thanks
Randy

Comment by Forexoma
2009-01-24 14:41:15

Hi Randy,

The comments need to be approved by me before they become appeared on the site because I receive so many spam comments.

I start checking the market and posting the signals at 5pm Eastern time which 3pm your time. It takes about one to two hours to check all the currencies and post the signals. So you have to be on my site from 3pm to 5pm your time until I announce that the signals are finished and I will not post any more signals for that day.

Best regards,
Forexoma

Comment by Ross
2009-01-25 05:07:03

Hi Forexoma….

Further to international times…what would it be on the eastern side of Australia(Sydney)…when you first post your selections?

regards
Ross

Comment by Forexoma
2009-01-25 07:30:54

Hi Ross,

I start posting the signals at 17:00 EST which is 22:00 GMT. At http://wwp.greenwichmeantime.com/ you can see the current GMT and find the difference of your local time with the GMT time.

Best regards,
Forexoma

 
 
 
 
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