Forex Trading Signals for 21st Feburary 2013

                                                                                

Japan (Tokyo)                               United Kingdon (London)                        USA (New York)


BONANZA !!!   BONANZA !!!    BONANZA !!!    BONANZA !!! 

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Subscription Price: N 5,500 naira,     $40
Bonanza closing date:  8th March 2013.

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SELL on the market: GBP/USD

SELL : 
Entry Point : 1.52855
Take Profit:   1.52400
Stop Loss:    1.53155

 2nd,,

BUY on GBP/USD : 

Entry Point : 1.52216
Take Profit:   1.52600
Stop Loss:    1.51900

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We will SELL on the market: EUR/USD
SELL: 
Entry Point : 1.32563

Take Profit:   1.32000
Stop Loss:    1.32900

2nd  SELL on the market,,,

SELL: 
Entry Point : 1.33242

Take Profit:   1.32900
Stop Loss:   1.33600

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OPEN A FOREX TRADING ACCOUNT AND WITHDRAW YOUR PROFIT INTO YOUR NIGERIAN BANK ACCOUNT (NAIRA ACCOUNT).

Wish you all a successful forex trading. Always remember to use your stop loss to avoid much loss on your trading account,,,

One Love Brothers

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HIGH RISK INVESTMENT WARNING: Trading foreign exchange, contracts for differences, or spread bets on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. Before deciding to trade the forex market, you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. We provides general advice that does not take into account your objectives, financial situation or needs. The content of this Website must not be construed as personal advice. We recommends you seek advice from a separate financial advisor. 

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Forex - GBP/USD erases losses, but gains limited

The pound erased losses against the U.S. dollar on Thursday, easing off a two-and-a-half-year lows after the release of encouraging U.K. economic data, although sustained concerns over the country's outlook for growth contiued to weigh. 

GBP/USD pulled away from 1.5133, the pair's lowest since July 2010, to hit 1.5257 during European afternoon trade, adding 0.16%. 

Cable was likely to find support at 1.5011 and resistance at 1.5451, Wednesday's high. 

Industry data showed that an index of U.K. industrial order expectations improved to minus 14 in February from minus 20 the previous month, beating expectations for a reading of minus 15. 

A separate report showed that public sector net borrowing posted a deficit of GBP9.9 billion in January, compared to a surplus of GBP12.4 billion in December, whose figure was revised from GBP13.2 billion.

Analysts had expected U.K. public sector net borrowing to post a deficit of GBP11.2 billion in January. 


But sentiment on the pound remained vulnerable amid concerns over the faltering U.K. economy, which contracted by 0.3% in the three months to December, while the Bank of England warned last week that inflation would remain above target until 2016.

The pound fell sharply after Wednesday’s minutes of the BoE’s February meeting showed that policymakers were split six to three on whether to increase the bank's quantitative easing program to GBP400 billion from GBP375 billion, with Governor Mervyn King voting in favor of an increase.

At the previous meeting the voting had been eight to one in favor of keeping the stimulus program unchanged.

Separately, the dollar found support after the minutes of the Federal Reserve’s most recent meeting indicated that the bank may wind down its bond-buying program sooner than expected.

Elsewhere, sterling was sharply higher against the euro, with EUR/GBPtumbling 1% to 0.8633.

In the euro zone, data showed that the services purchasing managers’ index dropped from 48.6 to 47.3 in February, missing expectations for an increase to 49.2.

The euro zone manufacturing PMI fell to a seasonally adjusted 47.8 from a final reading of 47.9 in January. Analysts had expected the index to improve to 48.4.

Germany’s manufacturing PMI rose to 50.1 from a final reading of 49.8 in January, moving into expansion territory for the first time in 12 months, but below expectations for a tick up to 50.5.

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