Daily Forex Market Analysis - 28 Oct 2008

Filed Under (Daily Forex Market Analysis) by Trader on 28-10-2008

Tagged Under : ,


Below is an extract of the daily Forex Market Analysis Report that Clarence Chee sent out to his Forex Trading students on the morning of 28 Oct 2008 regarding the outlook of the Forex market and his trading plan for the day.

EUR/USD

Based on the Fib Levels drawn from Oct 21 high to Oct 27 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 1.2574 (23.6% Fib Level), or

2. We are looking to buy the pair based on TNT (PIPS) signals above 1.2574 (23.6% Fib Level).

We will use the S/R Levels on the hourly charts and the resistance and support levels on the daily and weekly charts as our possible target profits. For both cases, prices must be trendy and not choppy.

GBP/USD

Based on the Fib Levels drawn from Oct 21 high to Oct 24 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 1.5721 (23.6% Fib Level), or

2. We are looking to buy the pair based on TNT (PIPS) signals above 1.5721 (23.6% Fib Level).

We will use the S/R Levels on the hourly charts and the resistance and support levels on the daily and weekly charts as our possible target profits. For both cases, prices must be trendy and not choppy.

USD/CHF

Based on the Fib Levels drawn from Oct 16 low to Oct 24 high:

1. We are looking to buy the pair based on TNT (PIPS) signals above the PIPS Weekly Pivot, or

2. We are looking to sell the pair based on TNT (PIPS) signals below the PIPS Weekly Pivot.

We will use the S/R Levels on the hourly charts and the resistance and support levels on the daily and weekly charts as our possible target profits. For both cases, prices must be trendy and not choppy.

USD/JPY

Based on the Fib Levels drawn from Oct 21 high to Oct 24 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 93.56(23.6% Fib Level), or

2. We are looking to buy the pair based on TNT (PIPS) signals above 93.56 (23.6% Fib Level).

We will use the S/R Levels on the hourly charts and the resistance and support levels on the daily and weekly charts as our possible target profits. For both cases, prices must be trendy and not choppy.

EUR/JPY

Based on the Fib Levels drawn from Oct 22 high to Oct 24 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 117.67 (23.6% Fib Level). or

2. We are looking to buy the pair based on TNT (PIPS) signals above 117.67 (23.6% Fib Level).

We will use the S/R Levels on the hourly charts and the resistance and support levels on the daily and weekly charts as our possible target profits. For both cases, prices must be trendy and not choppy.

USD/CAD

Based on the Fib Levels draw from Oct 23 low to Oct 27 high:

1. We are looking to buy the pair based on TNT (PIPS) signals above 1.2851 (23.6% Fib Level), or

2. We are looking to sell the pair based on TNT (PIPS) signals below 1.2851 (23.6% Fib Level).

We will use the S/R Levels on the hourly charts and the resistance and support levels on the daily and weekly charts as our possible target profits. For both cases, prices must be trendy and not choppy.

AUD/USD

Based on the Fib Levels drawn from Oct 22 high to Oct 27 low:

1. We are looking to buy the pair based on TNT (PIPS) signals above 0.6199 (23.6% Fib Level), or

2. We are looking to sell the pair based on TNT (PIPS) signals below 0.6199 (23.6% Fib Level).

We will use the S/R Levels on the hourly charts and the resistance and support levels on the daily and weekly charts as our possible target profits. For both cases, prices must be trendy and not choppy.

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • De.lirio.us
  • Reddit
  • StumbleUpon
  • Technorati
  • YahooMyWeb
  • co.mments
  • e-mail
  • Furl
  • Live
  • Simpy
  • SphereIt
  • Spurl
  • blinkbits
  • BlinkList
  • PlugIM

Daily Forex Market Analysis - 24 Oct 2008

Filed Under (Daily Forex Market Analysis) by Trader on 24-10-2008

Tagged Under : ,


Below is an extract of the daily Forex Market Analysis Report that Clarence Chee sent out to his Forex Trading students on the morning of 24 Oct 2008 regarding the outlook of the Forex market and his trading plan for the day.

EUR/USD

Based on the Fib Levels drawn from Oct 16 high to Oct 22 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 1.2931 (23.6% Fib Level), with possible target profit at 1.2744, 1.2700, 1.2650, 1.2600 and 1.2510, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 1.2931 (23.6% Fib Level), with possible target profit at 1.3047, 1.3141 and 1.3235.

For both cases, prices must be trendy and not choppy.

GBP/USD

Based on the Fib Levels drawn from Oct 20 high to Oct 23 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 1.6390 (23.6% Fib Level), with possible target profit at 1.6137, 1.6042, 1.6012, and 1.6000, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 1.6390 (23.6% Fib Level), with possible target profit at 1.6605, 1.6779 and 1.6953.

For both cases, prices must be trendy and not choppy.

USD/CHF

Based on the Fib Levels drawn from Oct 16 low to Oct 22 high:

1. We are looking to buy the pair based on TNT (PIPS) signals above 1.1609 (23.6 Fib Level), with possible target profit at 1.1710, 1.1750, 1.1800, 1.1850 and 1.1894, or

2. We are looking to sell the pair based on TNT (PIPS) signals below 1.1609 (23.6% Fib Level), with possible target profit at 1.1546, 1.1496, 1.1463 and 1.1448.

For both cases, prices must be trendy and not choppy.

USD/JPY

Based on the Fib Levels drawn from Oct 21 high to Oct 23 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 97.40 (23.6% Fib Level), with possible target profit at 95.93, 95.73, 95.00 and 94.50, provided the global stock market is bearish, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 97.40 (23.6% Fib
Level), with possible target profit at 98.00, 98.30, 99.03 and 99.40, provided the global stock market is bullish.

For both cases, prices must be trendy and not choppy.

EUR/JPY

Based on the Fib Levels drawn from Oct 20 high to Oct 23 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 126.76 (23.6% Fib Level), with possible target profit at 124.11, 123.12, 122.50, and 122.00, provided the global stock market is bearish, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 126.76 (23.6% Fib Level), with possible target profit at 129.01, 130.83 and 132.65, provided the global stock market is bullish.

For both cases, prices must be trendy and not choppy.

USD/CAD

Based on the Fib Levels draw from Oct 21 low to Oct 23 high:

1. We are looking to buy the pair based on TNT (PIPS) signals above 1.2535 (23.6% Fib Level), with possible target profit at 1.2626, 1.2690, 1.2729 and 1.2750, or

2. We are looking to sell the pair based on TNT (PIPS) signals below 1.2535 (23.6% Fib Level), with possible target profit at 1.2319, 1.2222 and 1.2079.

For both cases, prices must be trendy and not choppy.

AUD/USD

Based on the Fib Levels drawn from Oct 20 high to Oct 23 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 0.6731 (38.2% Fib Level), with possible target profit at 0.6653, 0.6527, 0.6500, 0.6460, 0.6365 and 0.6300, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 0.6731 (38.2% Fib Level), with possible target profit at 0.6794, 0.6857 and 0.6905.

For both cases, prices must be trendy and not choppy.

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • De.lirio.us
  • Reddit
  • StumbleUpon
  • Technorati
  • YahooMyWeb
  • co.mments
  • e-mail
  • Furl
  • Live
  • Simpy
  • SphereIt
  • Spurl
  • blinkbits
  • BlinkList
  • PlugIM

Daily Forex Market Analysis - 17 Oct 2008

Filed Under (Daily Forex Market Analysis) by Trader on 19-10-2008

Tagged Under : ,


Below is an extract of the daily Forex Market Analysis Report that Clarence Chee sent out to his Forex Trading students on the morning of 17 Oct 2008 regarding the outlook of the Forex market and his trading plan for the day.

EUR/USD

Based on the Fib Levels drawn from Oct 14 high to Oct 16 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 1.3507 (38.2% Fib Level), with possible target profit at 1.3358, 1.3346, 1.3319, 1.3295, 1.3257 and 1.3200, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 1.3507 (38.2% Fib Level), with possible target profit at 1.3560, 1.3600, 1.3625 and 1.3686.

For both cases, prices must be trendy and not choppy.

GBP/USD

Based on the Fib Levels drawn from Oct 10 low to Oct 14 high:

1. We are looking to sell the pair based on TNT (PIPS) signals below the PIPS Weekly Pivot, with possible target profit at 1.7103, 1.7047, 1.6970 and 1.6779, or

2. We are looking to buy the pair based on TNT (PIPS) signals above the PIPS Weekly Pivot, with possible target profit at 1.7304, 1.7360, 1.7428 and 1.7575.

For both cases, prices must be trendy and not choppy.

USD/CHF

Based on the Fib Levels drawn from Oct 10 low to Oct 16 high:

1. We are looking to buy the pair based on TNT (PIPS) signals above the PIPS Weekly Pivot, with possible target profit at 1.1406, 1.1448, 1.1463 and 1.1487, or

2. We are looking to sell the pair based on TNT (PIPS) signals below the PIPS Weekly Pivot, with possible target profit at 1.1244, 1.1190, 1.1175 and 1.1103.

For both cases, prices must be trendy and not choppy.

USD/JPY

Based on the Fib Levels drawn from Oct 14 high to Oct 16 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 101.60 (61.8% Fib Level), with possible target profit at 101.07, 100.70, 100.15, 99.70, 99.25, and 98.00, provided the global stock market is bearish, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 101.60 (61.8% Fib Level), with possible target profit at 102.60 and 103.00, provided the global stock market is bullish.

For both cases, prices must be trendy and not choppy.

EUR/JPY

Based on the Fib Levels drawn from Oct 14 high to Oct 15 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below the PIPS Weekly Pivot, with possible target profit at 135.65, 135.33, 133.80, 133.35, 132.17, 130.61 and 130.00, or

2. We are looking to buy the pair based on TNT (PIPS) signals above the PIPS Weekly Pivot, with possible target profit at 138.52, 138.85, 140.00 and 141.09.

For both cases, prices must be trendy and not choppy.

USD/CAD

Based on the Fib Levels draw from Oct 14 low to Oct 16 high:

1. We are looking to buy the pair based on TNT (PIPS) signals above 1.1831 (23.6% Fib Level), with possible target profit at 1.1994, 1.2040 and 1.2128, or

2. We are looking to sell the pair based on TNT (PIPS) signals below 1.1831 (23.6% Fib Level), with possible target profit at 1.1730, 1.1600, 1.1649 and 1.1582

For both cases, prices must be trendy and not choppy.

AUD/USD

Based on the Fib Levels drawn from Oct 5 high to Oct 10 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below the PIPS Weekly Pivot, with possible target profit at 0.6650, 0.6557, 0.6495, 0.6460, 0.6365 and 0.6300, or

2. We are looking to buy the pair based on TNT (PIPS) signals above the PIPS Weekly Pivot, with possible target profit at 0.7012, 0.7060, 0.7145, 0.7173, 0.7285 and 0.7315.

For both cases, prices must be trendy and not choppy.

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • De.lirio.us
  • Reddit
  • StumbleUpon
  • Technorati
  • YahooMyWeb
  • co.mments
  • e-mail
  • Furl
  • Live
  • Simpy
  • SphereIt
  • Spurl
  • blinkbits
  • BlinkList
  • PlugIM

Daily Forex Market Analysis - 16 Oct 2008

Filed Under (Daily Forex Market Analysis) by Trader on 16-10-2008

Tagged Under : ,


Below is an extract of the daily Forex Market Analysis Report that Clarence Chee sent out to his Forex Trading students on the morning of 16 Oct 2008 regarding the outlook of the Forex market and his trading plan for the day.

EUR/USD

Based on the Fib Levels drawn from Oct 14 high to Oct 15 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 1.3505 (23.6% Fib Level), with possible target profit at 1.3358, 1.3319, 1.3295 and 1.3257, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 1.3505 (23.6% Fib Level), with possible target profit at 1.3555, 1.3560, 1.3600 and 1.3637.

For both cases, prices must be trendy and not choppy.

GBP/USD

Based on the Fib Levels drawn from Oct 10 low to Oct 14 high:

1. We are looking to sell the pair based on TNT (PIPS) signals below the PIPS Weekly Pivot, with possible target profit at 1.7103, 1.7047, 1.6970 and 1.6779, or

2. We are looking to buy the pair based on TNT (PIPS) signals above the PIPS Weekly Pivot, with possible target profit at 1.7304, 1.7360, 1.7428 and 1.7575.

For both cases, prices must be trendy and not choppy.

USD/CHF

Based on the Fib Levels drawn from Oct 1 low to Oct 6 high:

1. We are looking to buy the pair based on TNT (PIPS) signals above the PIPS Weekly Pivot, with possible target profit at 1.1406, 1.1448, 1.1463 and 1.1487, or

2. We are looking to sell the pair based on TNT (PIPS) signals below the PIPS Weekly Pivot, with possible target profit at 1.1244, 1.1190, 1.1175 and 1.1103.

For both cases, prices must be trendy and not choppy.

USD/JPY

Based on the Fib Levels drawn from Oct 10 low to Oct 14 high:

1. We are looking to sell the pair based on TNT (PIPS) signals below 100.00 (61.8% Fib Level), with possible target profit at 98.55, 98.12 and 98.00, provided the global stock market is bearish, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 100.00 (61.8% Fib Level), with possible target profit at 100.70, followed by 101.00, 101.89, 102.60 and 103.00, provided the global stock market is bullish.

For both cases, prices must be trendy and not choppy.

EUR/JPY

Based on the Fib Levels drawn from Oct 14 high to Oct 15 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 135.33 (23.6% Fib Level), with possible target profit at 132.17, 130.90, 130.61 and 130.00, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 135.33 (23.6% Fib Level), with possible target profit at 136.55, 137.54, 138.00, 138.52, 138.85, 140.00 and 141.09.

For both cases, prices must be trendy and not choppy.

USD/CAD

Based on the Fib Levels draw from Oct 6 low to Oct 10 high:

1. We are looking to buy the pair based on TNT (PIPS) signals above 1.1822 (23.6% Fib Level), with possible target profit at 1.2128, 1.2040 and 1.2128, or

2. We are looking to sell the pair based on TNT (PIPS) signals below 1.1822 (23.6% Fib Level), with possible target profit at 1.1582, 1.1479, 1.1365, 1.1326, 1.1270 and 1.1051.

For both cases, prices must be trendy and not choppy.

AUD/USD

Based on the Fib Levels drawn from Oct 5 high to Oct 10 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 0.6650 (23.6% Fib Level), with possible target profit at 0.6460, 0.6365, 0.6326, 0.6300 and 0.6200, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 0.6650 (23.6% Fib Level), with possible target profit at 0.6850, 0.6980, 0.7012, 0.7060, 0.7145, 0.7173, 0.7285 and 0.7315.

For both cases, prices must be trendy and not choppy.

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • De.lirio.us
  • Reddit
  • StumbleUpon
  • Technorati
  • YahooMyWeb
  • co.mments
  • e-mail
  • Furl
  • Live
  • Simpy
  • SphereIt
  • Spurl
  • blinkbits
  • BlinkList
  • PlugIM

Top Forex Traders in September 2008

Filed Under (Top Forex Traders) by Trader on 08-10-2008

Tagged Under :

For the month of September 2008:

1) The average success rate of ALL our traders based on trades posted is 77.0%

2) The average success rate of our LIVE traders based on trades posted is 78.3%


The TOP Ten Live Traders are as follows:

1.   Lo Tian Liang (B8) - 1,020 pips (Diamond Star)
2.   Daniel Su (B11) - 730 pips (Titanium Star)
3.   Derek Longman - 684 pips (Titanium Star)
4.   Albert Wang (B9) - 637 pips (Titanium Star)
5.   Lin Xiu Mei (B9) - 564 pips (Titanium Star)
6.   Eugene Li (B14) - 524 pips (Titanium Star)
7.   Lui Nai Hau (B13) - 498 pips (Platinum Star)
8.   Loy Boon Liang (B11) - 480 pips (Platinum Star)
9.   Tan Guan Teck (B9) - 474 pips (Platinum Star)
10. Gabriel Koh (B14) - 451 pips (Platinum Star)

Best in Progress Live Traders
1. Roy Tan (B9) - 350 pips (Gold Star)
2. Rick Goh (B12) - 334 pips (Gold Star)

Best Live Trade - 390 pips by Dylan Yap


The TOP Three Demo Traders are as follows:

1. Hoi Yung Lin (B14) - 648 pips (Titanium Star)
2. Karthik Janar (B15) - 551 pips (Platinum Star)
3. Victor Wei (B14) - 505 pips (Platinum Star)

Best Demo Trade - 211 pips by Siew Wai Chong


We congratulate all of the above Dynamite TNT forex traders for their profitable performance.Only performance of Platinum Star Traders and above are listed here.


Interested to find out how our forex traders achieve such results? If you are in Singapore, we invite to come and find out at our Dynamite TNT Forex Seminar Preview.

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • De.lirio.us
  • Reddit
  • StumbleUpon
  • Technorati
  • YahooMyWeb
  • co.mments
  • e-mail
  • Furl
  • Live
  • Simpy
  • SphereIt
  • Spurl
  • blinkbits
  • BlinkList
  • PlugIM

Daily Forex Market Analysis - 8 Oct 2008

Filed Under (Daily Forex Market Analysis) by Trader on 08-10-2008

Tagged Under : ,


Below is an extract of the daily Forex Market Analysis Report that Clarence Chee sent out to his Forex Trading students on the morning of 8 Oct 2008 regarding the outlook of the Forex market and his trading plan for the day.

EUR/USD

Based on the Fib Levels drawn from Oct 1 high to Oct 6 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 1.3615 (23.6% Fib Level), with possible target profit at 1.3400, followed by 1.3358 and 1.3319, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 1.3615 (23.6% Fib Level), with possible target profit at 1.3721, followed by 1.3807 and 1.3869.

For both cases, prices must be trendy and not choppy.

GBP/USD

Based on the Fib Levels drawn from Sep 30 high to Oct 7 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 1.7505 (23.6% Fib Level), with possible target profit at 1.7316, followed by 1.7300, 1.7230, 1.7200, and 1.7190 or

2. We are looking to buy the pair based on TNT (PIPS) signals above 1.7505 (23.6% Fib Level), with possible target profit at 1.7622, followed by 1.7716 and 1.7795.

For both cases, prices must be trendy and not choppy.

USD/CHF

Based on the Fib Levels drawn from Oct 1 low to Oct 6 high:

1. We are looking to buy the pair based on TNT (PIPS) signals above 1.1406 (23.6% Fib Level), with possible target profit at 1.1500, followed by 1.1600, 1.1625, and 1.1655, or

2. We are looking to sell the pair based on TNT (PIPS) signals below 1.1406 (23.6% Fib Level), with possible target profit at 1.1356, followed by 1.1315 and 1.1274.

For both cases, prices must be trendy and not choppy.

USD/JPY

Based on the Fib Levels drawn from Oct 1 high to Oct 6 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 101.70 (23.6% Fib Level), with possible target profit at 100.70, followed by 100.21, 100.00 and 99.61, provided the global stock market is bearish, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 101.70 (23.6% Fib Level), with possible target profit at 102.60, followed by 103.00, 103.36, 104.25 and 104.87, provided the global stock market is bullish.

For both cases, prices must be trendy and not choppy.

EUR/JPY

Based on the Fib Levels drawn from Sep 30 high to Oct 6 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 138.88 (23.6% Fib Level), with possible target profit at 136.63, followed by 135.03, 134.00 and 133.00, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 138.88 (23.6% Fib Level), with possible target profit at 141.26, followed by 143.00 and 145.64.

For both cases, prices must be trendy and not choppy.

USD/CAD

Based on the Fib Levels draw from Oct 1 low to Oct 6 high:

1. We are looking to buy the pair based on TNT (PIPS) signals above 1.0959 (23.6% Fib Level), with possible target profit at 1.1025, followed by 1.1100, 1.1150, and 1.1200, or

2. We are looking to sell the pair based on TNT (PIPS) signals below 1.0959 (23.6% Fib Level), with possible target profit at 1.0880, followed by 1.0753 and 1.0718.

For both cases, prices must be trendy and not choppy.

AUD/USD

Based on the Fib Levels drawn from Sep 30 high to Oct 6 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 0.7250 (23.6% Fib Level), with possible target profit at 0.6989, followed by 0.6900 and 0.6850, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 0.7250 (23.6% Fib Level), with possible target profit 0.7411, followed by 0.7541 and 0.7600.

For both cases, prices must be trendy and not choppy.

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • De.lirio.us
  • Reddit
  • StumbleUpon
  • Technorati
  • YahooMyWeb
  • co.mments
  • e-mail
  • Furl
  • Live
  • Simpy
  • SphereIt
  • Spurl
  • blinkbits
  • BlinkList
  • PlugIM