If past history was all there was to the game, the richest people would be librarians.

- Warren Buffett

Last Week's Recap

Currencies such as the Euro and Sterling surged higher last week just as we had previously anticipated and with it our TMS System points surged as well now gaining an impressive 2324 points all for the month of September!

TMS enjoyed a week in which Crude Oil TMS system limits were hit and with it our TMS system also exited long signals for the GBP.USD at 15615 and for the Euro at 12954.

Since exiting our long system Dow Jones signals, TMS has decided to stand aside as the market has grinded higher in which Monday's session saw the Dow Jones take out the significant 10700.

Where now for the Dow Jones and what impact will the FOMC decision have?

The market has provided a breakout above the crucial 10700 mark in which this mark must be held to avoid a sharp move down. At TMS we would like to see a new high today in which it may be likely that the TMS system will trigger a short signal should the variables line up as required.

The delicacy of what we're looking out for is shown above as per the Four Hour Chart.

The market deserves a pat on the back for staging this lovely breakout above 10700. We anticipated it would occur but it isn't all plain sailing now. Ideally we would prefer for price to move somewhat higher and just peep above 10800 as per the red resistance barrier shown above.

Should this occur it will not necessarily ignite the chances of 11,000 but could well be the starting of a fireball that takes us to 10,000 again. With the FOMC decision due out later it would be likely that today's action could well map out a major top for the markets in the short run. Decline or rally today after the FOMC decision, either way we will be watching out for our TMS system trigger and our members will be anticipating the next move as well.

Will the market provide us with Dollar Doldrums or Dollar Rallies?

At this moment in time the Euro is flirting near its recent high but does it have enough in the canister to take it to the highs of early August at 13333?

Once again the action could be pivotal in deciding what occurs later today. It would be hard to 133 and 135 at this moment in time and it would be likely that we will witness a move below 130 again soon.

Will the Euro give us enough to provide a one touch move to 132 and start a decline from the very level?

In conjunction with the four hour Euro Chart above it would seem likely that the gas for this recent upward move will run dry. The mark to take out is 13150 but with this many will be led to believe 13333 will come again however a move to 132 will be enough for a reversal to be triggered thereafter.

Of course nothing is set in stone when it comes to the markets and nor are we marrying these scenarios as the TMS system triggers will be our roadmap.

We will be monitoring the action as it would seem that the subdued action so far will ignite into a financial fed fireball later on in which the next big move will be set alight from!

My name is Ajit Singh and my work with the financial markets started from the young age of 17. We are www.tradingmarketsignals.com and in August our TMS system has gained 886 points. For September our TMS system has already racked up an impressive 2324 points(Closed signals) from five major markets: Dow Jones, Euro, Sterling, FTSE100 & Crude Oil with more triggers set to take place this week! Equating to just $12 a week you can see the action for yourself!

Special Attention: For a limited time only TMS is issuing a new client monthly trial rate of $48 in which members will be able to lock the price for the months thereafter. Annual Memberships are no longer available.

http://tradingmarketsignals.com/#/join-tms/4539058094