Watch how i took advantage of the Euro’s fall

Written by: Dime Levov • Tuesday, May 15, 2012 • 2 min read

• Last updated: Tuesday, May 15, 2012

Hello traders,

We have recently received a lot of requests and questions from our growing community.

Firstly, I would like to thank all of our users who send us their feed backs, comments and thoughts. Your emgagement helps us improve, and keeps us motivated to keep on providing you with all the tools to profit from trading.

Secondly, due to the feed backs we get from our community, we are working on some new developments, in order to make our traders' life even easier than they currently are.

The two most popular questions being asked by our users are:
1. Can you send me email notifications each time the system opens or closes a buy / sell position?
2. Can I activate sound alert on your signals, so I won't need to sit in front of my screen all the time?

Well, regarding the first question: Unfortunately we do not send private email alerts on all of our system's entries or exits. We consider ourselves as a free “traders for traders” portal, where we can share with our users how our sources trade on site.
As for the second one: Currently, we do not operate a sound alert, but hopefully we will have good news on this matter in the near future.

Daily opportunity

Despite encouraging news from Germany (right now, euro zone's only hope for recovery signs), the markets are still bearish against the Euro. The Euro experiences an intolerable situation, and bad news from Greece can only make it worse. There is a sense of pessimism in the European markets with all eyes to the releases coming from the U.S. market later on. If things won't get any better real soon, we might see a massive downtrend further on, towards its 5 months' 1.2670 support.

Event of the day

The U.S. Retail Sales release which will take place at 12:30 GMT, has a strong influence on the market sentiment towards the U.S. Dollar. This data measures last month's change in the total value of retail sales.

Signal of the day

Checkout yesterday's MEGA 'sell' signal on the Euro–Dollar (Provided by FXML signals system): I opened a sell EUR/USD position at price 1.2940, and two days after I exited at 1.2844 (system's closure), with 96 pips profit! I could have made even higher profits, but I decided it was enough for me. Trading with 1,000 euros and x25 leverage, I made 240 euros. Cheers for that!

Let's see how it looked on the euro dollar chart:

If you traded this signal also, let us know and make us proud! Go to FXML signals page
That's it for today, traders. New day, new trading opportunities…