August 9, 2011 Forex Signals Report

ATTENTION:  Given the current market conditions, we expect huge volatility and erratic behavior for at least the next 24 hours.

Wild day in finance today.  Among which the US Fed came out and said they will not raise interest rates for the next two years. This caused a huge spike in investments as investors realized there would be some stability moving forward. Once again, sentiment shifted causing almost a flip flop of market positioning.

That being said, ANY trades we may place today have to be understood to be HIGHLY RISKY, and it may be better just to hold off for the day and re-evaluate trades tomorrow. If we do place trades, we will keep the risk extremely small by minimizing the stop loss and lowering the number of units or lot sizes traded.

Now, on to our open positions and new trades. Lets take a look at the specifics:

Open Orders

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New Orders

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