iFOREX.bg - Signals

06 October 2008 Daily Forecast

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General Information

Daily and Evening Forecasts - Examples

Trading Signals - Examples

Trading Signals - Demo

Urgent news - Example

Breaking news - Example

Other News, Updates and Overviews

iFOREX.bg Trading Signal Recommendations, Click for DEMO

1. General Information

Set the trading signals and wait for the results. With our trading signals, as well as entry and exit levels you can put your orders twice a day and go out, without having to stay in your office or at home in front of your PC. Our trading signals are very accurately selected and come twice a day for our Forecast clients, twice a day market entry and exit levels for the Forecast Plus Clients with time schedule. The Forecast Plus Clients also receive all kinds of breaking and urgent trading news, which directly affect the forex trading. In 12 hours after your registration with us as a Forecast Plus Client and payment confirmation, you will receive our first report for the next 12 hours trading, or if you registered as Forecast Plus you will start receiving breaking or urgent news with the entry exit levels straight away. It has never been so easier to receive trading signals and to trade with our professional trading forecasts. The currency pairs we work with are EUR/USD, USD/JPY, GBP/USD and USD/CHF. When you become our client will we send you confirmation email to welcome you as a member of our trading signal system and we start sending you all trading signals for all currency pairs.

2. Examples of Daily and Evening Forex Forecasts:

iFOREX.bg - Daily Forecast 05 February 2004

EUR/USD
Trading range: 1.2470 – 1.2605
Trend: Neutral
Buy at 1.2482 SL 1.2450 TP 1.2593

USD/JPY
Trading range: 104.90 – 106.60
Trend: Neutral
Buy at 105.01 SL 104.69 TP 106.48

GBP/USD
Trading range: 1.8255 - 1.8430
Trend: Upward
Buy at 1.8264 SL 1.8232 TP 1.8420

USD/CHF
Trading range: 1.2430 – 1.2580
Trend: Neutral
Sell at 1.2569 SL 1.2601 TP 1.2441

Economic Calendar 05 February 2004
Time GMT, Country, Indicator, Forecast, Prior

00:30 Australia December Retail Sales M/M N/A +1.4%
00:30 Australia Q4 Real Retail Sales Q/Q N/A +2.70%
07:30 Italy January HICP M/M N/A 0.0%
07:30 Italy January HICP Y/Y N/A +2.6%
08:55 E-12 E-12 January Services PMI 57.0 56.6
08:55 E-12 Germany January Services PMI 55.0 54.6
10:30 UK January Reuters Services PMI 59.9 58.5
15:00 US December Factory Orders 0.2% -1.4%

iFOREX.bg - Evening Forecast 05 February 2004

EUR/USD
Trading range: 1.2645 – 1.2555
Trend: Downward
Sell at 1.2636 SL 1.2668 TP 1.2567

USD/JPY
Trading range: 105.00 – 106.55
Trend: Neutral
Buy at 105.13 SL 104.74 TP 106.43

GBP/USD
Trading range: 1.8435 - 1.8315
Trend: Downward
Sell at 1.8425 SL 1.8456 TP 1.8324

USD/CHF
Trading range: 1.2390 – 1.2505
Trend: Upward
Buy at 1.2402 SL 1.2370 TP 1.2495

The current support/resistance levels are:
EUR/USD 1.2520,1.2490,1.2440 - 1.2560,1.2600,1.2630
USD/JPY 105.20,104.80,104.60 - 105.65,105.90,106.20
GBP/USD 1.8280,1.8250,1.8220 - 1.8330,1.8365,1.8400
USD/CHF 1.2480,1.2430,1.2400 - 1.2535,1.2565,1.2610

3. Examples of Trading Signals:

[06:59 AM GMT] Buy EUR/USD 1.3108 SL 1.3082 TP 1.3148
[06:59 AM GMT] Sell USD/CHF 1.1830 SL 1.1856 TP 1.1780

[07:05 AM GMT] Exit EUR/USD 1.3116 with 8 pips profit
[07:05 AM GMT] Exit USD/CHF 1.1820 with 10 pips profit
[07:05 AM GMT] (we may try better exits later if possible)

[07:10 AM GMT] Change EUR/USD SL 1.3108 TP 1.3168
[07:10 AM GMT] Change USD/CHF SL 1.1830 TP 1.1760

[07:13 AM GMT] Exit EUR/USD 1.3134 with 36 pips profit
[07:13 AM GMT] Exit USD/CHF 1.1800 with 40 pips profit
[07:13 AM GMT] (if not exited already)

[02:18 PM GMT] No more signals today. Thank you.

* Please note that the time in brackets [] does not show in the actual signals. It is given here only to show the sequence of signals sending. A demo can be seen here.

4. Example of Urgent news:

[2:00 PM GMT] EUR/USD picture in the coming few hours is as follows: At 2:30 PM CET we expect to see trading to about 1.1365/85 and after the US data release we expect again prices of 1.1300 even 1.1280, but only if the US Data, and especially US Jobless claims come as the expected level of about 415k.

5. Example of Breaking news:

[1:30 PM GMT] US Jobless claims at 414k. Forecast was 415k. Last month at 431k.

6. Other News, Updates and Overviews

Besides the the Forex Trading Signals, Urgent and Breaking News we sent to our customers, we also send them Foreign Exchange Trading Strategies, Fundamental Analysis, Market Updates, Overviews, Outlooks, which can help them understand the way forex markets behave and teach them how to trade better.

* Urgent, breaking and other news, updates and overviews are sent when available, and are given as a bonus to the main services.

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