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Forex Signal Updates - July 9, 2013

By Adam Lemon

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.

By: DailyForex.com

Update to yesterday's EUR/USD short signal: the level of 1.2882 was not hit before the signal expired at 16:00 GMT yesterday.
If you entered a short trade by mistake, exit the trade immediately. As at the time of writing, you should be in profit.

Update to yesterday's GBP/USD short signal: the level of 1.5026 was not hit and the signal expired at 21:00 GMT yesterday.
If you entered a short trade by mistake, exit the trade immediately.

Adam Lemon

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.

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