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Daily analysis and trading strategies 8-3-10
no responses - Posted 08.03.10
EURUSD Trading strategy: small long at 1.3100, stop at 1.3030(0.5% risk), 1st objective at 1.3150, 2nd objective at 1.3250 1.3100 failed to hold and the euro rallied to as high as 1.3195 -- on its way to the next important objective which is set into the 1.3250/90 region. Short-term sentiment is bullish ...continue
no responses - Posted 08.03.10
EURUSD Trading strategy: small long at 1.3100, stop at 1.3030(0.5% risk), 1st objective at 1.3150, 2nd objective at 1.3250 1.3100 failed to hold and the euro rallied to as high as 1.3195 -- on its way to the next important objective which is set into the 1.3250/90 region. Short-term sentiment is bullish ...continue
Daily analysis and trading strategies 8-2-10
no responses - Posted 08.02.10
Quote of the day: The only sure thing about luck is that it will change. -- Wilson Mizner EURUSD Trading strategy: standing aside Friday's pullback towards the 1.2970 support zone was short-lived - once again confirming current uptrend's strength on a short-term basis. More range-bound action is likely while 1.3100 caps the upside ...continue
no responses - Posted 08.02.10
Quote of the day: The only sure thing about luck is that it will change. -- Wilson Mizner EURUSD Trading strategy: standing aside Friday's pullback towards the 1.2970 support zone was short-lived - once again confirming current uptrend's strength on a short-term basis. More range-bound action is likely while 1.3100 caps the upside ...continue
Daily analysis and trading strategies 7-30-10
no responses - Posted 07.30.10
EURUSD Trading strategy: standing aside The euro holds steady above former intra-day resistance at 1.3050 after reaching a fresh multi-week high at 1.3105 yesterday. Current recovery is likely to continue and next upside objective is seen at 1.3250/90. Today's most important event in the economic calendar is the US GDP data release ...continue
no responses - Posted 07.30.10
EURUSD Trading strategy: standing aside The euro holds steady above former intra-day resistance at 1.3050 after reaching a fresh multi-week high at 1.3105 yesterday. Current recovery is likely to continue and next upside objective is seen at 1.3250/90. Today's most important event in the economic calendar is the US GDP data release ...continue
Daily analysis and trading strategies 7-29-10
no responses - Posted 07.29.10
EURUSD Trading strategy: small long at 1.3050 on hourly close above 1.3045, stop at 1.2980 (0.5% risk), 1st objective at 1.3100, 2nd objective at 1.3200 The euro continues to consolidate into a narrow range around the 1.300 level, therefore the upside remains favored for now but a bullish close above 1.3050 ...continue
no responses - Posted 07.29.10
EURUSD Trading strategy: small long at 1.3050 on hourly close above 1.3045, stop at 1.2980 (0.5% risk), 1st objective at 1.3100, 2nd objective at 1.3200 The euro continues to consolidate into a narrow range around the 1.300 level, therefore the upside remains favored for now but a bullish close above 1.3050 ...continue
Daily analysis and trading strategies 7-28-10
no responses - Posted 07.28.10
EURUSD Trading strategy: small long at 1.3050 on hourly close above 1.3045, stop at 1.2980 (0.5% risk), 1st objective at 1.3100, 2nd objective at 1.3200 The euro continues to orbit around 1.3000 and yesterday's dip to 1.2950 was short-lived, therefore the upside remains in focus for now as most signs are pointing ...continue
no responses - Posted 07.28.10
EURUSD Trading strategy: small long at 1.3050 on hourly close above 1.3045, stop at 1.2980 (0.5% risk), 1st objective at 1.3100, 2nd objective at 1.3200 The euro continues to orbit around 1.3000 and yesterday's dip to 1.2950 was short-lived, therefore the upside remains in focus for now as most signs are pointing ...continue
Daily analysis and trading strategies 7-27-10
no responses - Posted 07.27.10
EURUSD Trading strategy: small long at 1.2960, stop at 1.2880(0.5% risk), 1st objective at 1.3010, 2nd objective at 1.3100 Fresh upside targets are in focus as the euro climbed higher yesterday and managed to stabilize around the $1.3 handle in overnight trading session. The full break above 1.3000 is in the cards ...continue
no responses - Posted 07.27.10
EURUSD Trading strategy: small long at 1.2960, stop at 1.2880(0.5% risk), 1st objective at 1.3010, 2nd objective at 1.3100 Fresh upside targets are in focus as the euro climbed higher yesterday and managed to stabilize around the $1.3 handle in overnight trading session. The full break above 1.3000 is in the cards ...continue
Daily analysis and trading strategies 7-26-10
no responses - Posted 07.26.10
EURUSD Trading strategy: standing aside Stress tests results released on Friday showed that 7 banks failed the health checks. The results appear to be good news but question is: how severe those tests were? The euro recovered after the dip to 1.2800 and currently trades into the 1.29 area, maintaining the bullish ...continue
no responses - Posted 07.26.10
EURUSD Trading strategy: standing aside Stress tests results released on Friday showed that 7 banks failed the health checks. The results appear to be good news but question is: how severe those tests were? The euro recovered after the dip to 1.2800 and currently trades into the 1.29 area, maintaining the bullish ...continue