Pro Swing Trading

Thanks nick. Another great call. Already bank in 40 pips for A/u Long. 2nd lot already move to BE, and let it run with stress free. great call! =)

A/U hit our first target don't forget to manage your trades

what do you use for stops? from what i see the AU dropped 80+ pips from time of post.

thanks

Hi Tmac,

I sent my suggested entry to my members on 0.8510 so it never reached to my SL or even around it

The euro rose against the dollar and the yen after the European Central Bank said it would lend banks less than some analysts estimated, spurring optimism that funding pressures among financial institutions are easing.

The 16-nation currency also extended gains versus the pound as the ECB said it will loan 131.9 billion euros ($161.5 billion) to banks. The dollar weakened against 12 of its 16 most-traded counterparts before a report forecast to show U.S. business activity expanded at a slower pace. The yen retreated from an eight-year high against the euro on speculation its 4 percent surge this month through yesterday was overdone.

“It’s an encouraging sign that European banks don’t need as much liquidity as previously thought,” said Elsa Lignos, a currency strategist at Royal Bank of Canada in London. “The euro’s extending gains after the tender. The figure is almost half of what was expected.”

Again we have Great Positive-Green Pips !!! THX FXAdvice !

Morning,

It is not the right time for interest rates in the U.K. to rise, a senior Bank of England rate setter says Thursday.

In an interview with the Daily Mail, David Miles, an external Monetary Policy Committee member, says: “We haven’t yet got to the point at which a tightening in monetary policy is the right thing to do.”

Whilst acknowledging that inflation in the U.K. remains “uncomfortably” above target, Miles says inflation is likely to fall back towards target, despite a continued modest pick-up in growth.

“My own assessment of the most likely outcome is actually growth in the economy continues and perhaps picks up a bit from here, and inflation moves back towards the target level,” Miles told the paper.

“And if that is the way things play out, it is much less likely there would be a need for a further easing in monetary policy,” he added.

EJ short?

another Great Call on U/C
just cashed 40 pips

Thanks Again

I am waiting for US news...


Also U/CAD call :

Not ot mutch time trading in the day good thing some of nick´s signals comes little later so i was able to get a usd/cad signal from nick yesterday and today it have moved got out fo 35 pips + could waited little longer and get 40 pips as was the first target but + is great


Another good good signal nick thanks keep them coming


best regards

Because of NFP we have no official call, but as trading idea short on E/U will suggested.

Hi Nick, got in to E/U @ 1.2525 after last nights sms. As this is not an offical call do you think it will go past first target?
Oh and thanks for all the great calls!

Hi Bro,

Nothing is 100% on market but if it reach next target will be around 1.2400

do you have a chart to show this please?

E/U just got stopped out at -80 pips.
Still up this week so its not too bad, have a good weekend

as i said it was not official call, you should BE your position before news or closed or accept the risk

I hope you will have great weekend and will ready for next week pips hunting.


Cheers
Nick

The euro zone could see annual economic growth of up to 6.5% by 2020 if European countries adopt rigorous labor market reform and fiscal consolidation, a senior European Commission official said Saturday.

Gert Jan Koopman, director of economic and financial affairs at the European Commission, said the existing structure of the European economy would result in merely 1.5% annual growth in coming years, a growth rate too low for many countries to cope with a rapidly aging population and rising government debt.

He said in a financial workshop hosted by the European Union at the Shanghai World Expo that the higher growth rate can be achieved by EU member countries adopting aggressive reforms such as changes in retirement age, job growth programs and regulatory rules regarding slow-growing sectors, such as energy.

His forecast however was met with some skepticism from the Chinese audience.

Chen Daofu, a department chief of the Chinese government think tank the Development Research Center of the State Council, said that "it would be rather difficult" for Europe to achieve 6.5% growth given the reform programs mentioned.

"Usually such a growth rate is only seen in countries in the developing stage," Chen said on the sidelines of the event.

But Koopman brushed aside the doubt.

"For some European countries here it's a matter of survival," Koopman said on the sidelines. "Governments there [of Greece, Spain, Portugal and Italy] are undertaking these reforms because they understand unless you grow faster than the debt overhang, there will be problems."