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About forexheatmap

Basic Information

Date of Birth
August 18
About forexheatmap
Who am I?:
Mark Mc Donnell
Occupation:
Forex Trading Plan Author
TRADER's Journal
Trading Experience:
5-10 Years
TRADER's Plan

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Type of Trader I am prone to be:
Swing Trader

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Good Trading
Mark Mc Donnell
www.forexearlywarning.com
Spot Forex Trading Plans Across 22 Pairs

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General Information
Last Activity
02-27-2014 12:12 AM
Join Date
02-17-2010
TRADER's Journal
Trading Experience:
5-10 Years
TRADER's Plan
Type of Trader I am prone to be:
Swing Trader
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Recent Entries

Current AUD Trading Plans

by forexheatmap on 02-27-2014 at 12:12 AM
The market remains somewhat choppy and in many cases we could not locate a price alarm point, look for strong buy or sell signals with the trend on these pairs in the main session.

AUD/JPY – this pair should cycle down on the D1 time frame, it has potential down to the 89.00 area support (estimate).

AUD/USD – this pair should cycle down on the D1 time frame, the potential is down to the 0.8750 support area (estimate).

AUD/NZD – the e D1 trend is crossing to the downside, on an overall basis this pair can cycle down to the 1.0550 support area.

GBP/AUD – the D1 trend is crossing to the upside, set a buy alarm at 1.8685, potential is up to the 1.9000 area resistance.

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Current GBP Trading Plans

by forexheatmap on 01-16-2014 at 11:15 PM
The GBP looks weak on most pairs. We like these two pairs.

GBP/USD- D1 down trend in place. Set a price alarm at 1.6280. The pair has potential down to 1.6050.

GBP/JPY- set a sell alarm at 170.20. Next major support is approximately 168.75

When the price alarms hit verify any buy entries in the main session with The Forex Heatmap® and look for JPY weakness or cross currency strength or both upon entry.

Good Trading
Mark Mc Donnell
www.forexearlywarning.com
Spot Forex Trading Plans and Live
Entry Signals For 28 Currency Pairs
$19.95 per month

Example of GBP weakness

Updated 01-16-2014 at 11:21 PM by forexheatmap

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Live Forex Seminar in Austin, Texas

by forexheatmap on 12-10-2013 at 12:26 PM
Forexearlywarning will sponsor a live forex trading seminar and training in the Austin, Texas area on January 11, 2014. For more details and registration information click on the link below.

http://www.forexearlywarning.com/austin-forex-seminar
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Current JPY Trading Plans

by forexheatmap on 11-26-2013 at 10:36 PM
GBP/JPY – strong uptrend in place, this pair has some resistance to 165.00 but it should move past there and go much higher.

EUR/JPY - strong uptrend in place, this pair has some resistance to 138.00 and more at 138.75, but it should move past there and go much higher.

CHF/JPY - strong uptrend in place, this pair has some resistance to 112.10 but it should move past there and there is no resistance past that price.

When the price alarms hit verify any buy entries in the main session with The Forex Heatmap® and look for JPY weakness or cross currency strength or both upon entry.

Good Trading
Mark Mc Donnell
www.forexearlywarning.com
Spot Forex Trading Plans And

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Current AUD Trading Plans

by forexheatmap on 10-14-2013 at 11:03 PM
AUD/USD – strong uptrend in place, some resistance around 0.9600 but overall potential is excellent, look for a buy signal on this pair in the main session.

AUD/CAD – strong uptrend in place set buy alarm at 0.9860, excellent upside potential.

Discussion of other pairs – the EUR/AUD and GBP/AUD are forming strong downtrends and the AUD/CHF is forming a strong uptrend, but all three pairs have nearby support or resistance levels or clusters. We expect them to move in the direction of their trends but would be very careful with trading these pairs.

When the price alarms hit verify any buy entries in the main session with The Forex Heatmap® and look for AUD strength or cross currency weakness or both

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Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.