Forex Trading Signals for 1st March 2013

                                                                                


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


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

We are offering to the first 100 people who will subscribe for our Forex signals for one month
Subscription Price: N 5,500 naira,     $40
Bonanza closing date:  8th March 2013.

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For more easy access,,,,,,Download our mobile application on your mobile :   Click Fxsignals 

BUY on the market: GBP/USD

BUY : 
Entry Point : 1.51766
Take Profit:   1.52000
Stop Loss:    1.51466

 2nd,,

Sell on GBP/USD : 

Entry Point : 1.51720
Take Profit:   1.51300
Stop Loss:    1.52020

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We will BUY on the market: EUR/USD
BUY: 
Entry Point : 1.30765

Take Profit:   1.31100
Stop Loss:    1.30465

2nd  SELL on the market,,,

SELL: 
Entry Point : 1.30858

Take Profit:   1.30500
Stop Loss:   1.31100

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PLEASE NOTE THAT THE DAILY SIGNALS IS SENT ON TIME TO OUR SUBSCRIBERS ONLY.

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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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Asian stocks mostly lower following China PMI; Nikkei up 0.06%

Most Asian bourses are lower at this hour following a concerning PMI report out of China, the region’s largest economy, and declining risk appetite. 

In Asian trading Friday, Japan’s Nikkei 225 rose 0.06% after Japan’s Statistics Bureau said the country’s national core CPI was unchanged at -0.2% in February. Economists expected the unchanged reading. Tokyo’s core CPI fell to -0.6% from 0.5% in the prior month. Analysts expected the -0.6% reading. 

In a separate report, the Statistics Bureau said that Japanese household spending climbed 2.4% compared with a January reading of -0.3%. Economists expected February growth of just 0.3%. Real estate firms helped lead Japanese stocks higher. 

A report by the Ministry of Finance said that Japanese capital spending plunged -8.7% in the fourth quarter from 2.2% in the third quarter. Analysts had expected Japanese capital spending to fall to -7% in the fourth quarter. The Statistics Bureau added that Japan’s unemployment rate is still 4.2%. Japan is Asia’s second-largest economy behind China. Japan and China are two of New Zealand’s top trading partners. 

Hong Kong’s Hang Seng fell 0.31% and the Shanghai Composite dropped 0.54% after official data showed China’s February PMI fell to 50.1 from 50.4 in January. Economists expected a February reading of 50.5. Readings above 50 signal expansion, though China’s reading is barely in expansion territory. 

S&P/ASX 200 Index dropped 0.4% after AUD/USD caught a bid on the back of the weak China PMI report. China is Australia’s largest trading partner. 

The data deluge out of China and Japan also hampered New Zealand stocks while sending NZD/USD higher. New Zealand’s NZSE 50 is off 0.10%. 

South Korea’s Kospi is the regional standout with a 1.12%. Singapore’s Straits Times Index is flat after Finance Minister Tharman Shanmugaratnam said monetary stimulus is not necessary in the city-state, leaving the central bank to use unconventional means to curb potential asset bubbles. 

S&P 500 futures are off 0.15%. 

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Forex - Dollar gains on soft U.S. economic growth data

The dollar rose against most major currencies on Thursday after U.S. fourth-quarter gross domestic product growth rates missed expectations, which bolstered the greenback's appeal as a safe harbor.

In U.S. trading on Thursday, EUR/USD was down 0.53% at 1.3067.

The Commerce Department reported earlier that the country's fourth-quarter GDP was revised up to 0.1% from an initial estimate for a 0.1% contraction, though the figure missed expectations for 0.5% growth.

While not all U.S. indicators released Thursday were gloomy, soft growth numbers served as the greenback's chief steering current.

The Department of Labor reported that weekly initial jobless claims dropped 22,000 last week to a seasonally adjusted 344,000, compared to expectations for a decline of 6,000 to 360,000.

Elsewhere, manufacturing activity in the Chicago-area expanded faster than expected in February, hitting an 11-month high, according to industry data.

The MNI Chicago purchasing managers’ index rose to a seasonally adjusted 56.8 in February from a reading of 55.6 in January, beating out analysts' calls for a February reading of 54.3.

A reading above 50.0 indicates expansion, while below indicates contraction.

Meanwhile, soft inflation data out of Europe sparked talk of ECB action to stave off deflationary pressures, which weakened the euro and further boosted the dollar's appeal.

The eurozone's consumer price index rose 2.0% on year in January, in line with expectations.

However, core inflation rates, which are stripped of volatile food and energy prices, rose 1.3%, missing market expectations for a gain of 1.5%, which sparked talk of an ECB move to stimulate the economy, which would weaken the single currency in the process.

Elsewhere in Europe, an electoral impasse in the Italian Senate continued to fray nerves as well.

The greenback, meanwhile, was down against the pound, with GBP/USDtrading up 0.09% at 1.5170.

The dollar rose against the yen, with USD/JPY trading up 0.53% at 92.72, and was up against the Swiss franc, with USD/CHF trading up 0.76% at 0.9368.

The dollar was up against its cousins in Canada, Australia and New Zealand, with USD/CAD up 0.66% at 1.0299, AUD/USD down 0.16% at 1.0218 and NZD/USD trading down 0.11% at 0.8268.

The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.54% at 82.05.

On Friday, the U.S. is to round up the week with a report from the Institute of Supply Management on manufacturing activity, official data on personal spending and revised data on consumer sentiment from the University of Michigan.

Federal Reserve Chairman Ben Bernanke is to speak in San Francisco.

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