Dynamite TNT Forex Trading System
A Result-Proven Forex Trading System that Consistently Pulls in Your Profits

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 Sept 2008 regarding the outlook of the Forex market and his trading plan for the day.

EUR/USD

Based on the Fib Levels drawn from Sep 11 low to Sep 15 high:

1. We are looking to buy the pair based on TNT (PIPS) signals above 1.4110 (61.8% Fib Level), with possible target profit at 1.4236, followed by 1.4339, or

2. We are looking to sell the pair based on TNT (PIPS) signals below 1.4110 (61.8% Fib Level) with possible target profit at 1.4000, followed by 1.3972 and 1.3882.

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

GBP/USD

Based on the Fib Levels drawn from Sep 11 low to Sep 15 high:

1. We are looking to buy the pair based on TNT (PIPS) signals above the PIPS Weekly Pivot, with possible target profit at 1.8000, followed by 1.8128 and 1.8200, or

2. We are looking to sell the pair based on TNT (PIPS) signals below the PIPS Weekly Pivot, with possible target profit at 1.7705, followed by 1.7585 and 1.7444.

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

USD/CHF

Based on the Fib Levels drawn from Sep 11 high to Sep 16 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below the PIPS Weekly Pivot, with possible target profit at 1.1046, followed by 1.1100 and 1.1000, or

2. We are looking to buy the pair based on TNT (PIPS) signals above the PIPS Weekly Pivot, with possible target profit at 1.1400, followed by 1.1416 and 1.1463.

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

USD/JPY

Based on the Fib Levels drawn from Sep 12 high to Sep 16 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 106.15, with possible target profit at 104.55, followed by 103.52 and 103.00, provided the global stock market is bearish, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 106.15, with possible target profit at 106.87, followed by 108.00, 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 Sep 15 high to Sep 16 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 149.89 (50% Fib Level), with possible target profit at 147.01, followed by 146.00, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 149.89 (50% Fib Level), with possible target profit at 151.00, followed by 152.26 and 153.75.

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

USD/CAD

Based on the Fib Levels draw from Sep 11 high to Sep 15 low:

1. We are looking to buy the pair based on TNT (PIPS) signals above the PIPS Weekly Pivot, with possible target profit at 1.0741, followed by 1.0819, or

2. We are looking to sell the pair based on TNT (PIPS) signals below the PIPS Weekly Pivot, with possible target profit at 1.0569, followed by 1.0543.

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

AUD/USD

Based on the Fib Levels drawn from Sep 15 high to Sep 16 low:

1. We are looking to sell the pair based on TNT (PIPS) signals below 0.8007 (38.2% Fib Level), with possible target profit at 0.7898, followed by 0.7870 and 0.7850, or

2. We are looking to buy the pair based on TNT (PIPS) signals above 0.8007 (38.2% Fib Level), with possible target profit 0.8103, followed by 0.8164.

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