EURUSD Trading strategy: stand aside The euro is currently recovering some lost ground, testing offers at 1.4900. Intra-day sentiment is slightly bullish but stronger resistance levels are seen a bit higher – at 1.4950/55 and 1.5000. On a short-term basis – a break above 1.5000 is needed to confirm that the drop to 1.4820 was Read More
Short term outlook (12/07-12/11)
EURUSD Despite several attempts to breach higher last week, the euro failed to hold gains as the dollar rallied across the board on Friday, as a result of better than expected unemployment figures. The 270 points decline of Friday has cleared half of euro’s gains accumulated during the previous two months, hence December started by Read More
Intra-day update 12-04-09
EURUSD Trading strategy: stand aside Downside pressure intensifies as the US Unemployment Data favors dollar’s recovery – printing 10% down from 10.20%, while the Nonfarm Payrolls came at a surprising -11k Vs. -115k consensus. As I mentioned in my morning article, from my experience – Fridays use to be positive for the dollar, either due Read More
Daily analysis and trading strategies 12-04-09
Quote of the day: The way to get started is to quit talking and begin doing. – Walt Disney EURUSD Trading strategy: stand aside Downside is under pressure after the euro failed to breach higher, past 1.5145, on yesterday. The decline in equities favored the pullback into the 1.5050 support region and intra-day sentiment remains Read More
- Continue reading: Daily analysis and trading strategies 12-04-09
Daily analysis and trading strategies 12-03-09
Quote of the day: I think that only daring speculation can lead us further and not accumulation of facts. – Albert Einstein EURUSD Trading strategy: holding yesterday’s long @1.5045, stop at break-even, 2nd objective at 1.5145 (1st objective closed at 1.5095) The euro found bids into the support zone of 1.5000/50 region as expected and Read More
- Continue reading: Daily analysis and trading strategies 12-03-09
Daily analysis and trading strategies 12-02-09
Quote of the day: It is your attitude, not your aptitude, that determines your altitude. — Zig Ziglar EURUSD Trading strategy: long at 1.5045, stop at 1.4995 (1% risk), 1st objective at 1.5095, 2nd objective at 1.5145 The euro is trading higher as the dollar weakness intensified across the board. Both short-term and intra-day studies Read More
- Continue reading: Daily analysis and trading strategies 12-02-09
Daily outlook in fewer words 12-01-09
Quote of the day: A successful life is one that is lived through understanding and pursuing one’s own path, not chasing after the dreams of others. — Chin-Ning Chu EURUSD Trading strategy: short at 1.5170, stop at 1.5220 (1% risk), 1st objective at 1.5120, 2nd objective at 1.5070 Support into the 1.4975/90 region continues to Read More
Warning: All the information on this site is provided "as is" for INFORMATIONAL AND EDUCATIONAL PURPOSES ONLY, not intended for trading purposes or advice.
Bear in mind that you are the only one responsible for your own trades. If you follow anyone else expecting to replicate his results, then you are doing something wrong.
Forex Trading is speculative, involves significant risk of loss and is not suitable for everyone (Full Disclaimer) - (Terms of Use)
This work by innerfx.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Permissions beyond the scope of this license may be available at http://www.innerfx.com/terms-of-use.