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Friday 05-29-2009
no responses - Posted 05.29.09
EURUSD Trading strategy: short at 1.4170, initial stop at 1.4220, objective at 1.4100. Adjust stop to breakeven on +30 pips (at 1.4140) if reached The euro recovered on yesterday, climbing back into the 1.4000 resistance region. Intra-day momentum is positive and further gains are likely, aiming towards the recent top side of ...continue
no responses - Posted 05.29.09
EURUSD Trading strategy: short at 1.4170, initial stop at 1.4220, objective at 1.4100. Adjust stop to breakeven on +30 pips (at 1.4140) if reached The euro recovered on yesterday, climbing back into the 1.4000 resistance region. Intra-day momentum is positive and further gains are likely, aiming towards the recent top side of ...continue
Thursday 05-28-2009
no responses - Posted 05.28.09
EURUSD Trading strategy: long at 1.3855, initial stop at 1.3805, objective at 1.3955. Adjust stop to breakeven on +30 pips (at 1.3885) if reached The euro failed to climb past 1.4000 on yesterday and initiated a decline, testing bids to as low as 1.3792 a bit earlier today. Short term sentiment remains ...continue
no responses - Posted 05.28.09
EURUSD Trading strategy: long at 1.3855, initial stop at 1.3805, objective at 1.3955. Adjust stop to breakeven on +30 pips (at 1.3885) if reached The euro failed to climb past 1.4000 on yesterday and initiated a decline, testing bids to as low as 1.3792 a bit earlier today. Short term sentiment remains ...continue
Wednesday 05-27-2009
no responses - Posted 05.27.09
EURUSD Trading strategy: long at 1.3775, initial stop at 1.3725, objective at 1.3865. Adjust stop to breakeven on +30 pips (at 1.3805) if reached After experiencing an expected corrective move to as low as 1.3860 on yesterday, the euro has recovered - pushing back on the 1.4000 mark. The dollar sell-off is ...continue
no responses - Posted 05.27.09
EURUSD Trading strategy: long at 1.3775, initial stop at 1.3725, objective at 1.3865. Adjust stop to breakeven on +30 pips (at 1.3805) if reached After experiencing an expected corrective move to as low as 1.3860 on yesterday, the euro has recovered - pushing back on the 1.4000 mark. The dollar sell-off is ...continue
Tuesday 05-26-2009
no responses - Posted 05.26.09
EURUSD Trading strategy: long at 1.3890, initial stop at 1.3840, objective at 1.3960. Adjust stop to breakeven on +30 pips (at 1.3920) if reached The euro is currently trading slightly lower than yesterday but the downside action is rather corrective, uptrend being expected to resume after confirming support - maybe into the ...continue
no responses - Posted 05.26.09
EURUSD Trading strategy: long at 1.3890, initial stop at 1.3840, objective at 1.3960. Adjust stop to breakeven on +30 pips (at 1.3920) if reached The euro is currently trading slightly lower than yesterday but the downside action is rather corrective, uptrend being expected to resume after confirming support - maybe into the ...continue
Monday 05-25-2009
no responses - Posted 05.25.09
EURUSD Trading strategy: long at 1.3880, initial stop at 1.3830, objective at 1.3950. Adjust stop to breakeven on +30 pips (at 1.3910) if reached The euro continued to advance higher against the dollar on Friday, closing the week around the 1.4000 handle. The 600 points weekly gain confirms the medium term positive ...continue
no responses - Posted 05.25.09
EURUSD Trading strategy: long at 1.3880, initial stop at 1.3830, objective at 1.3950. Adjust stop to breakeven on +30 pips (at 1.3910) if reached The euro continued to advance higher against the dollar on Friday, closing the week around the 1.4000 handle. The 600 points weekly gain confirms the medium term positive ...continue
Friday 05-22-2009
no responses - Posted 05.22.09
EURUSD Trading strategy: long at 1.3790, initial stop at 1.3740, objective at 1.3870. Adjust stop to breakeven on +30 pips (at 1.3820) if reached Breaking above 1.3855 easier than expected, the uptrend confirms its strength and the euro advanced to as high as 1.3955 where it tested offers a bit earlier today. ...continue
no responses - Posted 05.22.09
EURUSD Trading strategy: long at 1.3790, initial stop at 1.3740, objective at 1.3870. Adjust stop to breakeven on +30 pips (at 1.3820) if reached Breaking above 1.3855 easier than expected, the uptrend confirms its strength and the euro advanced to as high as 1.3955 where it tested offers a bit earlier today. ...continue
Thursday 05-21-2009
no responses - Posted 05.21.09
EURUSD Trading strategy: long at 1.3690, initial stop at 1.3640, objective at 1.3770. Adjust stop to breakeven on +30 pips (at 1.3720) if reached The euro finally managed to climb above resistance zone of 1.3725/40 and extended its gains to as high as 1.3830 on yesterday's 245 points rally. Former resistance levels ...continue
no responses - Posted 05.21.09
EURUSD Trading strategy: long at 1.3690, initial stop at 1.3640, objective at 1.3770. Adjust stop to breakeven on +30 pips (at 1.3720) if reached The euro finally managed to climb above resistance zone of 1.3725/40 and extended its gains to as high as 1.3830 on yesterday's 245 points rally. Former resistance levels ...continue
Wednesday 05-20-2009
no responses - Posted 05.20.09
EURUSD Trading strategy: stand aside The euro continued its ascension against the dollar on yesterday and reached intra-day highs into the 1.3665 zone. Current pullback - to 1.3593 at the time of this writing - is rather corrective and the intra-day bullish bias should remain intact as long as the euro holds ...continue
no responses - Posted 05.20.09
EURUSD Trading strategy: stand aside The euro continued its ascension against the dollar on yesterday and reached intra-day highs into the 1.3665 zone. Current pullback - to 1.3593 at the time of this writing - is rather corrective and the intra-day bullish bias should remain intact as long as the euro holds ...continue
Tuesday 05-19-2009
no responses - Posted 05.19.09
EURUSD Trading strategy: long at 1.3510, initial stop at 1.3460, objective at 1.3610. Adjust stop to breakeven on +30 pips (at 1.3540) if reached Minor intra-day resistance formed by a downward trend line extended through last days highs is currently limiting the upside into the 1.3580 region. A breach above the said ...continue
no responses - Posted 05.19.09
EURUSD Trading strategy: long at 1.3510, initial stop at 1.3460, objective at 1.3610. Adjust stop to breakeven on +30 pips (at 1.3540) if reached Minor intra-day resistance formed by a downward trend line extended through last days highs is currently limiting the upside into the 1.3580 region. A breach above the said ...continue
Monday 05-18-2009
no responses - Posted 05.18.09
EURUSD Trading strategy: short at 1.3590, initial stop at 1.3640, objective at 1.3505. Adjust stop to breakeven on +30 pips (at 1.3560) if reached Support has been found on the 61.8% retracement of the 1.3250-1.3720 move at 1.3430 and the euro is currently recovering some of its recent losses. Daily sentiment remains ...continue
no responses - Posted 05.18.09
EURUSD Trading strategy: short at 1.3590, initial stop at 1.3640, objective at 1.3505. Adjust stop to breakeven on +30 pips (at 1.3560) if reached Support has been found on the 61.8% retracement of the 1.3250-1.3720 move at 1.3430 and the euro is currently recovering some of its recent losses. Daily sentiment remains ...continue