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 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.