Free Forex Signal June 29, 2007

Buy Stop/market If price hit at 2.0046 (GBP-USD)
Use trailing stop 15 or Take Profit at 2.0066 and Stop Loss 2.0016

Sell Stop/market if price hit at 2.0012
Use trailing stop 15 or Take Profit at 1.9992 and Stop Loss 2.0042

Place your order between 05.00 GMT - 08.00 GMT

Result : Buy Stop/Market Loss -30 pips

Free Forex Signal June 28, 2007

Buy Stop/market If price hit at 2.0011 (GBP-USD)
Use trailing stop 15 or Take Profit at 2.0031 and Stop Loss 1.9981

Sell Stop/market if price hit at 1.9977
Use trailing stop 15 or Take Profit at 1.9957 and Stop Loss 2.0007

Place your order between 05.00 GMT - 08.00 GMT

Result : Buy Stop/Market Profit +20 pips

Free Forex Signal June 27, 2007

Buy Stop/market If price hit at 2.0002 (GBP-USD)
Use trailing stop 15 or Take Profit at 2.0022 and Stop Loss 1.9972

Sell Stop/market if price hit at 1.9968
Use trailing stop 15 or Take Profit at 1.9948 and Stop Loss 1.9998

Place your order between 05.00 GMT - 08.00 GMT

Result : Sell Stop/Market Profit +20 pips

Free Forex Signal June 26, 2007

Buy Stop/market If price hit at 1.9996 (GBP-USD)
Use trailing stop 15 or Take Profit at 2.0016 and Stop Loss 1.9966

Sell Stop/market if price hit at 1.9962
Use trailing stop 15 or Take Profit at 1.9942 and Stop Loss 1.9992

Place your order between 05.00 GMT - 08.00 GMT

Result :
You place order at 05.00 GMT - 07.00 GMT your result
Sell Stop/Market Loss -30 pips

But if you place order at 08.00 GMT your result
Buy Stop/Market Profit +20 pips

Free Forex Signal June 25, 2007

Buy Stop/market If price hit at 2.0014 (GBP-USD)
Use trailing stop 15 or Take Profit at 2.0034 and Stop Loss 1.9984

Sell Stop/market if price hit at 1.9980
Use trailing stop 15 or Take Profit at 1.9960 and Stop Loss 2.0010

Place your order between 05.00 GMT - 08.00 GMT

Result : Sell Stop/Market Profit +20 pips

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Free Forex Signal June 22, 2007

Buy Stop/market If price hit at 1.9945 (GBP-USD)
Use trailing stop 15 or Take Profit at 1.9965 and Stop Loss 1.9915

Sell Stop/market if price hit at 1.9911
Use trailing stop 15 or Take Profit at 1.9891 and Stop Loss 1.9941

Result : Buy Stop/Market Profit +20 pips

Free Forex Signal June 21, 2007

Buy Stop/market If price hit at 1.9943 (GBP-USD)
Use trailing stop 15 or Take Profit at 1.9963 and Stop Loss 1.9913

Sell Stop/market if price hit at 1.9909
Use trailing stop 15 or Take Profit at 1.9889 and Stop Loss 1.9939

Result : Buy Stop/Market Loss -30 pips

Free Forex Signal June 20, 2007

Buy Stop/market If price hit at 1.9901 (GBP-USD)
Use trailing stop 15 or Take Profit at 1.9921 and Stop Loss 1.9871

Sell Stop/market if price hit at 1.9867
Use trailing stop 15 or Take Profit at 1.9847 and Stop Loss 1.9897

Result : Buy Stop/Market Profit +20 pips

Free Forex Signal June 19, 2007

Buy Stop/market If price hit at 1.9856 (GBP-USD)
Use trailing stop 15 or Take Profit at 1.9876 and Stop Loss 1.9826

Sell Stop/market if price hit at 1.9822
Use trailing stop 15 or Take Profit at 1.9802 and Stop Loss 1.9852

Result : Buy Stop/Market Loss -30 pips

Free Forex Signal June 18, 2007

Buy Stop/market If price hit at 1.9780 (GBP-USD)
Use trailing stop 15 or Take Profit at 1.9800 and Stop Loss 1.9750

Sell Stop/market if price hit at 1.9746
Use trailing stop 15 or Take Profit at 1.9726 and Stop Loss 1.9776

Result : Buy Stop/Market Profit +20 pips

Forex History

The Bretton Woods Agreement

In 1967, a Chicago bank refused a college professor by the name of Milton Friedman a loan in pound sterling because he had intended to use the funds to short the British currency. Friedman, ho had perceived sterling to be priced too high against the dollar, wanted to sell the currency, then later buy it back to repay the bank after the currency declined, thus pocketing a quick profit. The bank's refusal to grant the loan was due to the Bretton Woods Agreement, established twenty years earlier, which fixed national currencies against the dollar, and set the dollar at a rate of $35 per ounce of gold.

M. Friedman

The Bretton Woods Agreement, set up in 1944, aimed at installing international monetary stability by preventing money from fleeing across nations, and restricting speculation in the world currencies Prior to the Agreement, the gold exchange standard--prevailing between 1876 and World War I--dominated the international economic system. Under the gold. exchange, currencies gained a new phase of stability as they were backed by the price of gold. It abolished the age-old practice used by kings and rulers of arbitrarily debasing money and triggering inflation.


But the gold exchange standard didn't lack faults. As an economy strengthened, it would import heavily from abroad until it ran down its gold reserves required to back its money. As a result, money supply would shrink, interest rates rose and economic activity slowed to the extent of recession. Ultimately, prices of goods had hit bottom, appearing attractive to other nations, which would rush into buying sprees that injected the economy with gold until it increased its money supply, and drive down interest rates and recreate wealth into the economy. Such boom-bust patterns prevailed throughout the gold standard until the outbreak of World War I interrupted trade flows and the free movement of gold.

After the Wars, the Bretton Woods Agreement was founded, where participating countries agreed to try and maintain the value of their currency with a narrow margin against the dollar and a corresponding rate of gold as needed. Countries were prohibited from devaluing their currencies to their trade advantage and were only allowed to do so for devaluations of less than 10%. Into the 1950s, the ever-expanding volume of international trade led to massive movements of capital generated by post-war construction. That destabilized foreign exchange rates as set up in Bretton Woods.

The Agreement was finally abandoned in 1971, and the US dollar would no longer be convertible into gold. By 1973, currencies of major industrialized nations became more freely floating, controlled mainly by the forces of supply and demand which acted in the foreign exchange market. Prices were floated daily, with volumes, speed and price volatility all increasing throughout the 1970s, giving rise to new financial instruments, market deregulation and trade liberalization.

In the 1980s, cross-border capital movements accelerated with the advent of computers and technology, extending market continuum through Asian, European and American time zones. Transactions in foreign exchange rocketed from about $70 billion a day in the 1980s, to more than $1.5 trillion a day two decades later.
Source : http://www.forex-broker.net/forex-history.htm

Free Forex Signal June 15, 2007

Buy Stop/market If price hit at 1.9713 (GBP-USD)
Use trailing stop 15 or Take Profit at 1.9733 and Stop Loss 1.9683

Sell Stop/market if price hit at 1.9679
Use trailing stop 15 or Take Profit at 1.9659 and Stop Loss 1.9709

Result : Buy Stop/Market Profit +20 pips

Free Forex Signal June 14, 2007

Buy Stop/Market If price hit at 1.9744 (GBP-USD)
Use trailing stop 15 or Take Profit at 1.9764 and Stop Loss 1.9694

Sell Stop/Market if price hit at 1.9710
Use trailing stop 15 or Take Profit at 1.9690 and Stop Loss 1.9740

Result : Sell Stop/Market Profit +20 pips