Free forex signal

Euro rally still in favor?true breakout above 1.3790 has been triggered last week.now closing just shy 30pips below 2jan2009 high,bull trend still strong,while the basic to buy low and sell high,i prefer waiting to sell.we may have risk toward 1.4122 to 1.4300 zone,watch this area closely and every failure establish around the range should be the best sell opportunity.

trading option sell failure 1.4122 or wait 1.4300 failure,adding more sell below 1.3840 ,stop loss 100pips above the entry,1st target 1.3785 ,2nd 1,3590 and 3rd 1.3330




the cable scenario same with euro.daily pattern still high trend and still no clear evidence of the exhausted rally,watch 1.5940 true breakout above may bring gu toward 1.61 or maybe higher around 1.6290,a failure above may create reversal or deeper correction.

trading option sell market price 1.5900 to 1.5940 zone with 100pips stop loss,1st target 1.5730,2nd 1.5650 and 3rd 1.5580

2nd option sell limit 1.6150 to 1.6200 zone,stop loss 100pips

1st target 1.5950,2nd 1.5730 3rd 1.5650

*please dont forget the stop loss because many trader fail not about the knowledge,but discipline.All the best and good luck;)