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 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.