I will be on vacation, in the Austrian Alps, until January 4th – therefore no articles until then. I wish you all a happy year-ending and enjoyable holidays. May the New Year bring to you untold happiness, wisdom, peace and new opportunities to explore! See you in 2010!
Daily analysis and trading strategies 12-23-09
EURUSD Trading strategy: small short at 1.4330, stop at 1.4380 (0.5% risk), 1st objective at 1.4280, 2nd objective at 1.4230 The euro dropped below $1.4260 yesterday, reaching a fresh 3 months low at 1.4220 – now far from the 200 days SMA coming around 1.4195. In case of extended weakness against the dollar, a potential Read More
- Continue reading: Daily analysis and trading strategies 12-23-09
Daily analysis and trading strategies 12-22-09
EURUSD Trading strategy: small short at 1.4365, stop at 1.4415 (0.5% risk), 1st objective at 1.4315, 2nd objective at 1.4265 Yesterday’s recovery has been (once again) short-lived and the euro failed to stabilize above 1.4340/50 in order to gain positive momentum and test the notable barrier formed by the downward trend line coming from 1.5140 Read More
- Continue reading: Daily analysis and trading strategies 12-22-09
Daily analysis and trading strategies 12-21-09
EURUSD Trading strategy: small long at 1.4360, stop at 1.4310 (0.5% risk), 1st objective at 1.4400, 2nd objective at 1.4480. Support on the 1.4300 handle has been stable so far but the euro has yet to breach the downward trend line coming from 1.5140 – now around 1.4410, in order to initiate an extended recovery. Read More
- Continue reading: Daily analysis and trading strategies 12-21-09
Daily analysis and trading strategies 12-18-09
Quote of the day: A sly rabbit will have three openings to its den. — Chinese Proverb EURUSD Trading strategy: short at 1.4470, stop at 1.4520 (1% risk), 1st objective at 1.4420, 2nd objective at 1.4370 Euro’s weakness remains high as its decline extended through yesterday’s all three trading sessions, reaching a fresh 3 months Read More
- Continue reading: Daily analysis and trading strategies 12-18-09
Daily analysis and trading strategies 12-17-09
Quote of the day: The time to buy is when blood is running in the streets. — Baron Nathan Rothschild EURUSD Trading strategy: short at 1.4530, stop at 1.4570 (1% risk), 1st objective at 1.5590, 2nd objective at 1.4430. Euro’s free fall continued through the Asian session, reaching a 3 months low at $1.4368. Yesterday’s Read More
- Continue reading: Daily analysis and trading strategies 12-17-09
Daily analysis and trading strategies 12-16-09
Quote of the day: The worse a situation becomes, the less it takes to turn it around, the bigger the upside — George Soros EURUSD Trading strategy: short at 1.4680, stop at 1.4740 (1% risk), 1st objective at 1.4620, 2nd objective at 1.4560 Offers around the 1.4550 level are being tested at the time of Read More
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Short-term outlook (12/15-12/25)
EURUSD Euro’s correlation to the S&P 500 has been lost since a few days ago when the S&P 500 reversed at 1086 but euro went the opposite way, not following to the upside. The correlation to gold remained higher, though – but since both gold and euro face downside pressure nowadays, lower objectives may be Read More
Daily analysis and trading strategies 12-15-09
Quote of the day: If I’m going to do something, I do it spectacularly or I don’t do it at all. — Prince Alwaleed Bin Talal Alsaud EURUSD Trading strategy: stand aside Euro started the week into a narrow range of 90 points yesterday, support at $1.4600 being intact, still. Since it couldn’t climb too Read More
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Daily analysis and trading strategies 12-14-09
Quote of the day: Successful investing is anticipating the anticipations of others. –John Maynard Keynes Sorry for not posting any article last Friday, I had some problems with my Internet connection in the hotel – but now I’m back to my good old and reliable desktop PC. EURUSD Trading strategy: stand aside The single currency Read More
- Continue reading: Daily analysis and trading strategies 12-14-09
Daily outlook in fewer words 12-10-09
I’m on a trip to Poland until Saturday and my Internet connectivity is slightly limited, so I can’t focus much on the charts. I’ll be short (on words) on this and tomorrow’s article. EURUSD Trading strategy: stand aside Euro is back where it was 24 hours ago, pushing down on the 1.4700 handle. Yesterday’s recovery Read More
Daily outlook in fewer words 12-09-09
EURUSD Trading strategy: stand aside EUR found support right on the 1.4700 handle after it continued to drop for 180 points. Since there are no signs of a recovery yet as the euro continues to push on the 1.4700 mark – extended weakness is likely, next support being formed around 1.4600. Both short-term and intra-day Read More
Daily analysis and trading strategies 12-08-09
Quote of the day: There are plenty of ways to get ahead. The first is so basic I’m almost embarrassed to say it: spend less than you earn. — Paul Clitheroe EURUSD Trading strategy: stand aside The euro moved slightly higher on yesterday on dovish comments from Ben Bernanke but failed to rally, facing resistance Read More
- Continue reading: Daily analysis and trading strategies 12-08-09
Google real-time search, a new powerful feature
Google announced a new search feature that gives us the latest results for our search queries, in real-time. The Google Real-Time Search feature is very useful for traders who are looking for the latest news, articles and events (from sites, blogs, twitter and other sources) and it is embedded within the standard Google search results, Read More
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