FOREX Trading Education Blog

Daily Support and Resistance Levels for Friday, March 9, 2012

2012-03-09T04:21:00.000-08:00

Below you will find today's Daily Support & Resistance levels for today. Several of the pairs have levels that have changed, though there are a few that remain the same. We encourage you to be cautious in your trading today given that the NFP report comes out at 8:30 am ET today.

Daily Support and Resistance Levels for Thursday, March 8, 2012

2012-03-08T03:56:00.000-08:00

Below you will find today's Support & Resistance Levels. As always, we first post these on the homepage of our website at about 6:30 am ET each trading day. You will know that they are updated when you see today's date listed above the levels.

Daily Support and Resistance Levels for Wednesday, March 7, 2012

2012-03-07T04:45:00.002-08:00

Below you will find our Daily Support & Resistance levels that we will be using as a guide in our trading today. For your benefit, we have added the USD/JPY and which will be updated daily from now on.

EURO Trader

2012-03-06T06:26:00.002-08:00

EURO Trader: Today the Euro session finally saw a nice breakout on our 5 pairs. Conditions like this have been scarce the past few weeks and we are happy to close +69.5 pips between the EURUSD EURJPY and USDCHF. - Midnight Marv

Daily Support & Resistance Levels Traded by SolomonFX for March 6, 2012

2012-03-06T03:50:00.001-08:00

We have just posted the Daily Support & Resistance levels at the bottom of our homepage at www.solomonfx.com for your convenience.

EURO Trader

2012-03-05T15:44:00.002-08:00

EURO Trader: The Euro-London market did not give us much opportunity for successful breakouts. It seemed that Appetite would be likely but the SP500 continued to range between last weeks key levels of 1366.50 and 1359.60. Our 2 trades early in the session closed -14 pips. We decided to stay out the market today as the market continued to give false breakouts and range into the New York session. - Midnight Marv

Daily Support & Resistance Levels Traded by SolomonFX for March 5, 2012

2012-03-05T04:44:00.000-08:00

Below you will find our Daily Support & Resistance Levels that we use as our guide in trading today. Additionally, you will find these same levels at the bottom of our homepage.

Daily Support and Resistance Levels for Friday, March 2, 2012

2012-03-02T04:01:00.000-08:00

Below you will find our updated Daily Support & Resistance levels for today, Friday, March 2, 2012. Have a great trading day!

EURO Trader

2012-03-01T06:17:00.002-08:00

EURO Trader: Today seemed like the perfect storm for Appetite to take over the market with some momentum. The SP500 rose above key resistance levels but the USDIX could not follow pushing through its major support level and bounce line. Although the market is in Appetite mode overall, it stalled before we saw any significant moves.

There will be lots of noise expected in the market today as FOMC Member Pianalto speaks followed by Fed Chairman Bernanke at 10 am ET. Because of this we closed all positions early at +4 pips and decided to sit out the market to avoid uncertain volatility. - Midnight Marv

Daily Support & Resistance Levels traded by SolomonFX on March 1, 2012

2012-03-01T04:49:00.002-08:00

Below you will find today's updated daily support & resistance levels that we will be using as a guide to trade today. As a reminder, these may also be found on our website each morning before 8:00 am.

Daily Support & Resistance Levels traded by SolomonFX

2012-02-29T04:14:00.000-08:00

We have posted today's Forex daily support & resistance levels at the bottom of our homepage for review at www.solomonfx.com.

SolomonFX Support & Resistance Levels for Tuesday, February 28, 2012

2012-02-28T04:44:00.000-08:00

If you visit our website www.solomonfx.com, you will find our Daily Support & Resistance Levels that we use as a Guide in our trading. These numbers may be found at the bottom of our homepage at www.solomonfx.com. Additionally, we have just launched our brand new website! Have a look and tell us what you think!

Daily Support and Resistance Levels for Friday, February 24, 2012

2012-02-24T04:29:00.002-08:00

Here are today's Daily Support & Resistance levels, however, did you know that these are posted at the bottom of our homepage at solomonfx.com every day?

Daily Support and Resistance Levels for Thursday, February 23, 2012

2012-02-23T04:31:00.000-08:00

Today's Support & Resistance Levels are posted below for today. We will be basing out trades off of these levels.

Daily Support and Resistance Levels for Wednesday, February 22, 2012

2012-02-22T04:52:00.000-08:00

We have updated our Daily Support & Resistance Levels which are now posted at the bottom of the homepage on our website. We will be using these numbers as a guide for our trading today.

EURO Trader

2012-02-21T21:41:00.000-08:00

EURO Trader: Although the market saw a lot of movement today, the GBPUSD long gave a false breakout early in the session in which we cut loose at -20 pips. Aversion entered the market soon after which allowed us to make a small profit in the end with the GBPUSD short at +8.5 and the AUDUSD short at +15 pips for a total of +3.5 pips for the day. It's only the beginning of the week and we can still conquer this! - Midnight Marv

Daily Support & Resistance Levels for Tuesday, February 21, 2012

2012-02-21T03:57:00.000-08:00

Here are our Daily Support & Resistance levels that we will use as a guide in our trading today.

EURO Trader

2012-02-17T08:50:00.002-08:00

EURO Trader: Although the market saw lots of ranging we were still able to make +111 today which will close the week at +261. Results for today:
Long: EURUSD +25 GBPUSD +30 EURJPY +38
Short: AUDUSD +25 USDCHF -7

Enjoy the weekend so we can do it all over again next week! - Midnight Marv

Daily Support & Resistance Levels for Friday, February 17, 2012

2012-02-17T04:13:00.002-08:00

We have new daily support & resistance levels today and recommend that you use these levels a guide in your trading. The support & resistance levels have changed for all pairs with the exception of the USD/CAD.

EURO Trader

2012-02-16T08:04:00.002-08:00

EURO Trader: Though the market was clearly risk averse it did not have the momentum we hoped for. We took a modest loss early on our short EURUSD at -19 and long USDCHF at -6 after Bernanke started speaking at 9 am. The market turned around following the release of the Philly Fed Manufacturing Index data allowing us to close our long EURJPY at +18. - Midnight Marv

Daily Support & Resistance Levels for February 16, 2012

2012-02-16T04:00:00.000-08:00

We have new support & resistance levels that we are using today that we use to guide us in the trades that we take. You will want to be sure to update the support & resistance levels on your charts today.

EURO Trader

2012-02-15T07:22:00.002-08:00

EURO Trader: Throughout the Euro-London session the USDIX and SP500 ranged at their respective key Fib retracement levels. During the New York session, we finally saw a push in retracement which got us into a short on both EUR pairs and a long on the USDCHF. After these pairs reached their key levels of support and resistance we closed out full positions for a total of +80 pips. - Midnight Marv

Support & Resistance Levels traded by SolomonFX on Wednesday, February 15, 2012

2012-02-15T04:39:00.000-08:00

Here, we have posted the daily support & resistance levels that SolomonFX will be using as a guide to trade today. Today's numbers have changed extensively.

EURO Trader

2012-02-14T09:06:00.000-08:00

EURO Trader: A very weak yen allowed us to close the EURJPY at +33 pips today. Also, decided not to trade the other pairs as the USDIX ranged between key Fib levels. The market didn't give me the confidence to allow us to get into any USD pairs. - Midnight Marv

Support & Resistance Levels for Tuesday, February 14, 2012

2012-02-14T04:25:00.000-08:00

Although our levels remain the same, you'll note that yesterday the EUR/USD ran down to 1.3125 which was a turn-around point. The AUS/USD ran down to 1.0661 and turned around precisely at our support level to the pip. The USD/CHF ran up to 0.9188 and turned around at our around at our resistance level and the USD/CAD ran up to 1.0025 which was 1 pip above our resistance level. This shows that our key levels do work and you would be wise to follow them. We are looking at *slight* risk appetite in the market today while keeping an eye on the S&P 500.

EURO Trader

2012-02-13T10:52:00.001-08:00

EURO Trader: Another day of ranging for the Euro-London session as the USDIX could not break its significant support level of 78.70. Reluctant to allow our trades to play out, I closed out early for a modest profit of +29:
Long: GBPUSD +20 AUDUSD +15 EURUSD -1 EURJPY -2
Short: USDCHF -3

Our last trade triggered during the New York session with the EURJPY short as the SP500 dropped. It did not have enough momentum to close T1 and so it was cut loose at +15.
- Midnight Marv

Daily Support & Resistance Levels traded by SolomonFX

2012-02-13T04:29:00.000-08:00

The daily support & resistance levels that we are trading remain the same today, however, we have added the USDIX (Dollar Index) and the S&P 500 levels. We will be providing these levels each day for you as well.

EURO Trader

2012-02-10T09:54:00.001-08:00

EURO Trader: The Euro-London session saw the SP500 and USDIX breaking key levels indicating Aversion as the theme for the day. The EURUSD short triggered first early in the session just before a brief retracement, we closed this early for a small loss at -20 pips. During that retracement, the GBPUSD went long in which we cut loose at +10 pips knowing that this went against risk sentiment.

The market finally adjusted to the true direction of the day as Aversion took over. In the NY session we saw a loss in momentum so we took our profits and ran :)
Long: USDCHF +50
Short: GBPUSD +30 AUDUSD +40 EURJPY +45
- Midnight Marv

SolomonFX Support & Resistance Levels for Friday, February 10, 2012

2012-02-10T04:32:00.000-08:00

Today's Support & Resistance levels remain the same, so if you have already drawn your lines on your charts, you are good to go ;-) Why are they the same? Because nothing has really changed. The Greece situation has not really been resolved, . . . . the can has just been kicked down the road a little further, and everyone knows it which has already been factored in the market.

EURO Trader

2012-02-09T08:44:00.001-08:00

GBPUSD triggered the long entry early in the session but closed it out at +25 pips. Didn't trust the market to get us into another trade. One more trading day left for the week! - Midnight Marv

SolomonFX Support & Resistance Levels for Thursday, February 9, 2012

2012-02-09T04:58:00.000-08:00

Not much has changed in the market since yesterday because everybody is waiting on a decision regarding Greece. As such, the daily Support & Resistance levels that we are trading by remain the same as yesterday. Look for an announcement out of Brussels regarding the Greece situation.

Support & Resistance Levels for Wednesday, February 8, 2012

2012-02-08T04:48:00.000-08:00

Here are the Support & Resistance levels that our trades will be based on for Wednesday, February 8, 2012. These numbers are also posted on our website at www.solomonfx.com. Enjoy!

Support & Resistance Levels for Tuesday, February 7, 2012

2012-02-07T04:48:00.000-08:00

Here are today's Support & Resistant Levels that we are trading for Tuesday, February 7, 2012. For more information, visit out website at http://www.solomonfx.com.

FOREX Trading Education | SolomonFX.com on CNN with Greg Gumbel | FOREX Training | Currency Trading

2011-07-19T14:38:00.001-07:00

Go to http://www.solomonfx.com for the BEST in FOREX Trading Education, Live Trade Room and the best Trade Tools in Currency Trading. SolomonFX on CNN with Greg Gumbel FOREX Training.

FOREX Trading Education | SolomonFX.com CEO Robert Sharpe on "The Money Show" | Currency Trading

2011-07-19T14:37:00.001-07:00

Go to http://www.solomonfx.com for the BEST in FOREX Trading Education, Live Trade Room and the best Trade Tools in Currency Trading. SolomonFX CEO Robert Sharpe on "The Money Show" speaks about FOREX Training.

FOREX Trading Education | SolomonFX.com what people are saying about SolomonFX | Currency Trading

2011-07-19T14:36:00.001-07:00

Go to http://www.solomonfx.com for the BEST in FOREX Trading Education, Live Trade Room and the best Trade Tools in Currency Trading. SolomonFX what people are saying about SolomonFX FOREX Training. From our Trade Room to our education through our Currency Trading School, people have all sorts of great things to say about services from SolomonFX. Here are a few, in their own words.

Currency Trading School at SolomonFX

2011-07-19T14:03:00.000-07:00

Currency Trading School at SolomonFX

Forex Trading Education

Students have looked to SolomonFX for many years as the leader in FOREX education. Our quality program offerings and high-probability strategy training have set the bar high within the industry. Now, you too can have the benefit of learning from professional traders, with your choice of live or online formats. Start small with introductory classes and the Clarity System, or go after the full Currency Trading School to receive unparalleled instruction and an arsenal of strategies to meet the challenges of any market condition.

Clarity System

Ever wish you could have greater understanding of the market, and make better sense of what you are seeing on the charts? Wouldn’t it be nice to have more clarity of sight when you trade?

The Clarity System is a foundational set of strategies to trade the markets, used as a part of our Trade Room and available to Currency Trading School students. It is composed of 6 strategies (Breakout, Contrarian Reversal, Momentum, Bounce, Impulse, and Scalp) that use our Clarity indicator and various other custom indicators. Traders will enjoy a flexible set of rules that can be used on any pair and observe multiple time frames for trade confirmations.

The Clarity System is like a telescope for the FOREX market, allowing traders to focus in on just what they need to see and not what they don’t. As part of our introductory training package, Clarity is a great way to get started trading the Foreign Exchange. Signals are generated based on price action on a 15 minute chart, so the odds of getting a signal while you are trading are relatively high.

The Clarity System is offered by SolomonFX as a part of the Associate’s Trader Package. Like the rest of CTS On-Demand, the Associate’s Trader Package is taught via streaming video and includes related downloadable indicators and materials. In addition, students have the opportunity to participate in multiple live online webinar sessions where specific questions are addressed.

Forex Training by Professional Traders in a Live, Small Group Setting

Currency Trading School (CTS) Live is our elite, signature FOREX educational program designed to prepare you to trade the foreign exchange markets like a professional.

CTS Live is more than simply a training seminar or trading software that is commonly offered on the internet. Currency Trading School is a 6 month comprehensive educational program that prepares you to trade the FOREX market by professional traders. In includes 4 intense days of live training, where you will be taught the 4 trading models and our twelve individual proprietary strategies used by professionals to trade managed accounts and hedge funds.

The 4 day course is taught in a small class environment, with instructors Robert Sharpe (CEO) and Chris Lehn (President) of SolomonFX, along with their senior traders . . . . but this is only the beginning.

The school also includes 6 month access to our CTS OnDemand online curriculum, live training webinars, access to our Wealth Builder program which is our elite live group trading room. In addition to all of this, you will also receive custom proprietary software that is integrated with the 12 SolomonFX strategies.

Forex Training On Your Schedule From The Convenience Of Your Home

Currency Trading School (CTS) OnDemand is a flexible FOREX educational program designed to provide you with a comprehensive system to trade the foreign exchange markets. Our multi-dimensional instruction formats allow you to tailor a training program to meet your lifestyle and desired learning pace.

CTS OnDemand consists of the 4 trading models along with our twelve individual proprietary strategies used by professionals to trade managed accounts and hedge funds. Plus, you will receive training on how to recognize your own trading personality, how to manage your risk, and how to appropriately size a trade.

The course is taught via streaming video and related downloadable materials. In addition, students have the opportunity to participate in multiple live online webinar sessions where specific questions are addressed. Upon completion of CTS OnDemand, you will have the ability totrade live, via webinar or on-location, with Robert Sharpe (CEO) and Chris Lehn (President) of SolomonFX through our Wealth Builder Program.Register for CTS OnDemand Today!

Mechanical Strategies

The third step is the most exciting for a trader! We use mechanical strategies to time the entry of our trades. The Clarity System is comprised of six unique mechanical strategies that help us find trading opportunities for breakouts, bounces, retracements, and scalps. Our system provides exact entries, stop losses, take profits as well as specific money management guidelines to manage your risk per trade. As a system, this removes much of the subjectivity that traders normally struggle with in live trading. As a subscriber, you will see the trade signal as it happens. Our proprietary strategies are developed for 5 and 15 minute charts, allowing us to take up to 6 trades in the Live Trading Sessions.

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FOREX Trading SolomonFX on CNN with Greg Gumbel FOREX Training

2011-06-18T22:02:00.001-07:00

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The BEST in FOREX Trading, Forex Training and Live Trade Room!

http://www.solomonfx.com/

FOREX Trading SolomonFX what people are saying about SolomonFX FOREX Training

2011-06-18T22:00:00.001-07:00

Go to http://www.solomonfx.com/ FOREX Trading SolomonFX what people are saying about SolomonFX FOREX Training. From our Trade Room to our education through our Currency Trading School, people have all sorts of great things to say about services from SolomonFX. Here are a few, in their own words.

The BEST in FOREX Trading, Forex Training and Live Trade Room!

http://www.solomonfx.com/

FOREX Trading SolomonFX CEO Robert Sharpe on "The Money Show" FOREX Training

2011-06-18T21:58:00.000-07:00

Go to http://www.solomonfx.com/ FOREX Trading SolomonFX CEO Robert Sharpe on "The Money Show" speaks about FOREX Training.

The BEST in FOREX Trading, Forex Training and Live Trade Room!

http://www.solomonfx.com/

FOREX Trade Room With SolomonFX

2011-06-18T21:55:00.000-07:00

We Broke the Mold to Forex Subscriptions
"10 Years of Experience has its Benefits . . ."

Here's how we did it . . .

3 Signal Services for the Price of One . . . We've Never had a Down Week.
Live Pro-Trading Room Daily . . . Not a Chat Room.
Currency Strength Analyzer Software Included . . . It's not Just an Indicator.
Trade Management Software Included . . . Manages Your Trade While you Sleep.
Trade For Me Program . . . We can Trade our Signals on Your Platform for No Extra Charge.
We Teach you how to Trade our Systems.
Access to Sophisticated Team of Technicians, Analysts and Traders all Under one Company.
All this . . . and did we Mention That and we Average 1,500 Pips per Month?

The BEST in FOREX Trading, Forex Training and Live Trade Room!

http://www.solomonfx.com/

SolomonFX your number 1 for FOREX Training and LIVE Trading Room!

2011-06-18T21:47:00.000-07:00

SolomonFX offers education, tools, and a Trade Room experience for FOREX that is incomparable in the industry. With our exclusive 1-2-3 trade approach, and dynamic, around the clock strategies and trade calls, you will have consistent trade opportunities that help create diversification in your trading plan.

Our live, online Trade Room puts you in personal contact with our traders, who will provide you with real time market analysis and commentary. They watch the market intently, looking for the highest probability trade scenarios, and call the trades live, providing exact entry and exit points. When the live room closes, the trading doesn’t stop! Trade signals are provided around the clock through multiple trading plans, giving you ongoing market opportunities. Your trading experience is further rounded off by educational webinars, video resources, insightful market reports, and innovative tools like the Currency Strength Analyzer. This Trade Room is like nothing you’ve seen before, and it will change the way you look at FOREX forever! Just take a look at our Results. They speak for themselves.

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FOREX Education by SolomonFX

2011-06-18T21:39:00.000-07:00

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FOREX Trade Tools by SolomonFX

2011-06-18T21:35:00.000-07:00

Serious traders want the best tools, and these are the power tools of the FOREX world. From our dynamic real-time Currency Strength Analyzer that shows you the ideal pair to trade to expert advisors designed to make your trading time easier and more effective, SolomonFX provides serious tools for serious traders.

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SolomonFX on CNN with Greg Gumbel FOREX Trading

2011-06-17T18:20:00.000-07:00

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The BEST in FOREX Trading, Forex Training and Live Trade Room!
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SolomonFX

2011-06-17T17:31:00.000-07:00

FOREX Trading Education Blog

Daily Support and Resistance Levels for Friday, March 9, 2012

Daily Support and Resistance Levels for Thursday, March 8, 2012

Daily Support and Resistance Levels for Wednesday, March 7, 2012

EURO Trader

Daily Support & Resistance Levels Traded by SolomonFX for March 6, 2012

EURO Trader

Daily Support & Resistance Levels Traded by SolomonFX for March 5, 2012

Daily Support and Resistance Levels for Friday, March 2, 2012

EURO Trader

Daily Support & Resistance Levels traded by SolomonFX on March 1, 2012

Daily Support & Resistance Levels traded by SolomonFX

SolomonFX Support & Resistance Levels for Tuesday, February 28, 2012

Daily Support and Resistance Levels for Friday, February 24, 2012

Daily Support and Resistance Levels for Thursday, February 23, 2012

Daily Support and Resistance Levels for Wednesday, February 22, 2012

EURO Trader

Daily Support & Resistance Levels for Tuesday, February 21, 2012

EURO Trader

EURO Trader: Although the market saw lots of ranging we were still able to make +111 today which will close the week at +261. Results for today:Long: EURUSD +25 GBPUSD +30 EURJPY +38Short: AUDUSD +25 USDCHF -7Enjoy the weekend so we can do it all over again next week! - Midnight Marv

Daily Support & Resistance Levels for Friday, February 17, 2012

EURO Trader

Daily Support & Resistance Levels for February 16, 2012

EURO Trader

Support & Resistance Levels traded by SolomonFX on Wednesday, February 15, 2012

EURO Trader

EURO Trader: A very weak yen allowed us to close the EURJPY at +33 pips today. Also, decided not to trade the other pairs as the USDIX ranged between key Fib levels. The market didn't give me the confidence to allow us to get into any USD pairs. - Midnight Marv

Support & Resistance Levels for Tuesday, February 14, 2012

EURO Trader

Daily Support & Resistance Levels traded by SolomonFX

EURO Trader

SolomonFX Support & Resistance Levels for Friday, February 10, 2012

EURO Trader

SolomonFX Support & Resistance Levels for Thursday, February 9, 2012

Support & Resistance Levels for Wednesday, February 8, 2012

Support & Resistance Levels for Tuesday, February 7, 2012

FOREX Trading Education | SolomonFX.com on CNN with Greg Gumbel | FOREX Training | Currency Trading

FOREX Trading Education | SolomonFX.com CEO Robert Sharpe on "The Money Show" | Currency Trading

FOREX Trading Education | SolomonFX.com what people are saying about SolomonFX | Currency Trading

Currency Trading School at SolomonFX

Currency Trading School at SolomonFX

Forex Trading Education

Forex Training On Your Schedule From The Convenience Of Your Home

Mechanical Strategies

FOREX Trading SolomonFX on CNN with Greg Gumbel FOREX Training

FOREX Trading SolomonFX what people are saying about SolomonFX FOREX Training

FOREX Trading SolomonFX CEO Robert Sharpe on "The Money Show" FOREX Training

FOREX Trade Room With SolomonFX

SolomonFX your number 1 for FOREX Training and LIVE Trading Room!

FOREX Education by SolomonFX

FOREX Trade Tools by SolomonFX

SolomonFX on CNN with Greg Gumbel FOREX Trading

SolomonFX

EURO Trader: Although the market saw lots of ranging we were still able to make +111 today which will close the week at +261. Results for today:
Long: EURUSD +25 GBPUSD +30 EURJPY +38
Short: AUDUSD +25 USDCHF -7

Enjoy the weekend so we can do it all over again next week! - Midnight Marv