Free Morning Signals - Market outlook

[gmgfx]

Markets Morning Brief - 01 April 2005

There will be caution ahead of the US payroll data on Friday and a reluctance to take on aggressive positions. The dollar has discounted a considerable amount of good news and the US currency will, therefore, be vulnerable if the payroll data falls short of expectations with the markets looking for growth above the 200,000 level. The earnings data will also be important for medium-term inflation expectations and the US currency.

Stay neutral on all pairs till the release of the US payroll data. The markets expected to be volatile with no direction till then.

 

[spunkyblonde]

ok thanks gmgfx.com 4 your reply cheers sally

 

[gmgfx]

Early Morning Signals 04 April 2005

· Buy EUR/US$ from 1.2880 target 1.1.2950.

. Buy GBP/US$ from 1.8770 target 1.8850.

· Short US$/JPY from 107.80 target 107.20

 

[gmgfx]

Markets Morning Brief - 05 April 2005

Inflation in general is likely to remain an important focus over the week as a whole. Given the lack of economic data, remarks from bank officials will be very important. Comments from Fed officials will remain under close scrutiny. For the week as a whole, central bank comments are likely to remain a very important influence with a particular focus on comments from Fed Chairman Greenspan during the week. The low level of economic data releases will ensure a continuing focus on the central banks.

. Buy EURUSD from 1.2820 target 1.2880
. Buy GBPUSD from 1.8730 target 1.8810

 

[spunkyblonde]

thanks again

 

[gmgfx]

Market morning brief 06 April 2005

The bond and equity market reactions to growth and inflation uncertainties will still be important for the US currency. The dollar will be vulnerable if the Dow Jones index starts to weaken again. US Treasury yield spreads of over 90 basis points over German bunds would offer dollar support.

Oil prices will be very significant due to the potential impact on growth, confidence and inflation. Prices have dipped back to below US$57 p/b. For now, markets are tending to see high oil prices as dollar supportive, but sustained increases will be damaging for the US currency.

· Sell EUR/US$ from 1.2885 target 1.2780
· Sell GBP/US$ from 1.8845 target 1.8700

 

[gmgfx]

Market Morning Brief 07 April 2005

The background dollar tone should remain strong in the short term on yield considerations with the potential for further tests of Euro support around the 1.28 level. The underlying factor, however, is likely to be consolidation for now after the recent dollar gains and with less cope for short covering. Overall, the net risks suggest that the dollar offers poor value beyond 1.28.

· Sell EUR/US$ from 1.2930 target 1.2850.
· Sell GBP/US$ from 1.8850 target 1.8770

 

[gmgfx]

Market Morning Brief - 08 April 2005

The dollar will still be able to draw some support from interest rate trends and expectations. There will, however, be greater caution ahead of the important US trade data next week and there will also be the risk of profit taking on long dollar positions if there are no suggestions of a more aggressive Fed stance on interest rates in near-term comments. There will also be further structural Euro buying on dollar rallies towards the 1.28 level. Overall, the dollar will struggle to make a fresh challenge on this level in the short term, but there should be near-term support on dips towards 1.3000, especially as there are still long Euro positions that will be pared on significant near-term Euro rallies.

· Buy EUR/US$ from 1.2810 target 1.2870.
· Buy GBP/US$ from 1.8675 target 1.8750.

 

[gmgfx]

Closed EURUSD long position from 1.2810 at 1.2930

Closed GBPUSD long position from 1.8675 at 1.8830

Total profit realised today +275 pips. Total profits realised this week +955 pips

Have a great weekend

 

[gmgfx]

Morning Brief - 11 April 2005

There will be increasing caution over the US currency ahead of the February trade deficit and Fed minutes on Tuesday with a reluctance to take on aggressive positions. The dollar is unlikely to be in a position to challenge tough resistance close to 1.2800, but with near-term support likely at 1.2950

The Japanese current account data was slightly stronger than expected, but showed that overall capital flows were close to balance. The dollar will hit tough resistance beyond 108.8 against the yen

Sterling will be vulnerable on economic grounds, especially if the trade deficit is above GBP5.5bn for February with resistance close to 1.8850 against the dollar

Buy EURUSD from 1.2915 target 1.2980
Buy GBPUSD from 1.8830 target 1.8915

 

[patterns357]

um? delayed

??

this doesnt get to us in time

 

[gmgfx]

Well It is published first to our members then publsihed for free here, the time difference is usually 10 minutes or so. well at least it came to you when the GBPUSD was in the 1.8850. the move was un expectedly fast. We expected it to be a 3 hour duration trade, however it reached target after 45 minutes. we hope you cought it anyway.

 

[patterns357]

Always Tommorow

I will be interested to see your success.

Also if you change targets, they need to be updated here. On friday the target was changed, but you did not post that here. You only posted this change in your weekly profit summary.

You need to make TIMELY updates throughout the day if you want this board to bring you business.

Best of luck.

 

[gmgfx]

Many thanks. Our real-time signals that appears to our members are at least 6 updates per day. We only publish here only one update (morning brief) accampanied with a brief market analysis. Well, the positive side is that atleast we provide you with the direction of the market for the early morning, plus an outlook on the market economics.

In our members area, we usually change tragets and maybe close and reverse, and unfortunetly you won't know it. We understand this might be inconvenient sometimes for you, but this is the risk that usually comes with free samples. We can not publish all our updates here or else there would be no logic behind having a members area for our clients.

Anyway, we hope you'd benefit from our morning signals here in the future. our targets rarely got achieved that fast like today. Our trades are usually 3-4 hours trades, specially the morning ones.

 

[patterns357]

My good friend. You talk at me as if not getting the "free samples" hurts me. Ironically enough going 1/6th of the way only hurts you guys! I don't use your signals, I only track them. Again GOOD LUCK building a client base. First ventures are always exciting. Good day.

 

[gmgfx]

Thank you patterns357. We have a good client base already. We believe we provide the most competitve package in the market . you can visit our website to learn more. This is not a novice attempt to get business simply from this thread as you assume, please check our previous messages. We regret that you took our last message personal. It's up to you and to our audience here and in many other places where we post to visit our website. Anyway, thanks for tracking our signals. keep up.

 

[patterns357]

Congrats

On a heck of a trade. I'm glad you pushed the E/$ target up ten pips in the middle of the trade. That was a smart decision.

 

[pjonz]

What is your website address?

 

[frugi]

Take a wild guess!

 

[gmgfx]

Thanks frugi for giving us a hand in this pjonz, you can take a good look at our name here.