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$USDCAD- Trying to go?

By Pro Act Traders — Forex Educators

Currently we are at1.0324. IF we can break thistop we are we are looking for a move to the 1.0363 Day top and then acontinuation up to the R5 resistance @ 1.0397.  We arebullish.  The current average daily trading range (ATR) is 65pips.

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Posted to Introduction to Forex Targe… on 05/22/13 at 09:45:10 Comments

$AUDUSD- will it go?

By Pro Act Traders — Forex Educators

Currently we are at 0.9788 trying tobreak out of a bear flag..  We are looking for an initial move to thedouble bottom @ 0.9711  then a continuation up to the S7 support  @0.9596. Watch for a bounce there. The current ...

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Posted to Introduction to Forex Targe… on 05/21/13 at 09:06:56 Comments

$EURUSD- next target?

By Pro Act Traders — Forex Educators

Currently we are at 1.2852.  Wehave had  a small retracement at the S5 so are looking for thecontinuation to the Day chart bottom @ 1.2738 and then the 1.618 support @ 1.2710. We are bearish.  The current average daily tradingrange (ATR) ...

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Posted to Introduction to Forex Targe… on 05/20/13 at 09:19:46 Comments

$EURUSD- next target?

By Pro Act Traders — Forex Educators

Currently we are at 1.2852.  Wehave had  a small retracement at the S5 so are looking for thecontinuation to the Day chart bottom @ 1.2738 and then the 1.618 support @ 1.2710. We are bearish.  The current average daily tradingrange (ATR) ...

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Posted to Introduction to Forex Targe… on 05/20/13 at 09:19:46 Comments

$AUDUSD- next target?

By Pro Act Traders — Forex Educators

Currently we are at 0.9733 on the 1.270fibo.  We are looking for a continuation down to the 1.618 Fibo support @0.9665. Market has a tendency to square up on Friday so be aware of that in themix.  The current average ...

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Posted to Introduction to Forex Targe… on 05/17/13 at 09:04:28 Comments

$EURUSD- breakout?

By Pro Act Traders — Forex Educators

Currently we are at 1.2910 reacting tothe Announcements.  We are looking for a small retracement to the 0.500Fibo @ 1.2936 and then on to the 1.2800 number.  The retracement could endup a pullback to the S4 @ 1.3011 so keep ...

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Posted to Introduction to Forex Targe… on 05/16/13 at 09:10:04 Comments

$AUDUSD- next?

By Pro Act Traders — Forex Educators

Currently we are at 0.9914.  We areclose to our  S6 target (0.9889) and looking for a small retracement onthe bounce and then a continuation to the (psychological) support @0.9800.  The current average daily trading range (ATR) is 87 pips.

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Posted to Introduction to Forex Targe… on 05/14/13 at 08:53:42 Comments

$NZDUSD- short?

By Pro Act Traders — Forex Educators

Currently we are at 0.8274.  We arelooking for a sideways move and then a break to the confluence of the S5 and2.618 Fibo @0.8200-8214 area.  The current average daily trading range(ATR) is 88 pips.

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Posted to Introduction to Forex Targe… on 05/13/13 at 09:06:30 Comments

$EURUSD- breakout?

By Pro Act Traders — Forex Educators

Currently we are at 1.2995.  IFwe can break this support, we are looking for a continuation to the support @1.2892 and then the S5  support  @ 1.2868. The current average dailytrading range (ATR) is 110 pips.

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Posted to Introduction to Forex Targe… on 05/10/13 at 09:00:59 Comments

$NZDJPY- bounce?

By Pro Act Traders — Forex Educators

Currently we are at 83.61.  We arelooking for a break above the  R3 @ 83.71 and then a continuation up tothe R4 resistance @ 84.60. The current average daily trading range (ATR) is 139pips.

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Posted to Introduction to Forex Targe… on 05/09/13 at 08:52:37 Comments

$GBPNZD 165 pip Trade today

By Pro Act Traders — Forex Educators

We identified this trade yesterday in the NYSession and also alerted to it in the afternoon yesterday.  See the trade and the alert of the trade –this is what Target Trading is all about!

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Posted to Introduction to Forex Targe… on 05/08/13 at 15:02:07 Comments

$Eurjpy- breakout?

By Pro Act Traders — Forex Educators

Currently we are at 129.79..  Weare looking for a bull flag breakout above 130.00  to the 3rdwave resistance (R5)  @ 130.82  then a continuation up to theresistance @ 131.15.  The current average daily trading range(ATR) is 193 pips.

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Posted to Introduction to Forex Targe… on 05/08/13 at 08:59:39 Comments
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