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Daily analysis and trading strategies 8-19-10
no responses - Posted 08.19.10
EURUSD Trading strategy: standing aside Another failed attempt to break above 1.2900 occurred yesterday although the euro rallied to as high as 1.2920 before weakening throughout the US trading session. The appreciation to 1.2920 was a result of following the Pound which rallied coming behind the BoE minutes. As I said yesterday ...continue
no responses - Posted 08.19.10
EURUSD Trading strategy: standing aside Another failed attempt to break above 1.2900 occurred yesterday although the euro rallied to as high as 1.2920 before weakening throughout the US trading session. The appreciation to 1.2920 was a result of following the Pound which rallied coming behind the BoE minutes. As I said yesterday ...continue
Daily analysis and trading strategies 8-13-10
no responses - Posted 08.13.10
Quote of the day: Money will come when you are doing the right thing. -- Mike Phillips EURUSD Trading strategy: small short at 1.3030, stop at 1.3090 (0.5% risk), objective at 1.2930 The euro found support at 1.2800 after the free fall from 1.3300 but the ongoing recovery is not convincing. Former support ...continue
no responses - Posted 08.13.10
Quote of the day: Money will come when you are doing the right thing. -- Mike Phillips EURUSD Trading strategy: small short at 1.3030, stop at 1.3090 (0.5% risk), objective at 1.2930 The euro found support at 1.2800 after the free fall from 1.3300 but the ongoing recovery is not convincing. Former support ...continue
Daily analysis and trading strategies 8-12-10
6 responses - Posted 08.12.10
EURUSD Trading strategy: small short at 1.3030, stop at 1.3090 (0.5% risk), objective at 1.2930 Euro's decline accelerated after breaking below 1.3100 and 1.3000 yesterday, printing a session low at 1.2830 - which was 350 points down from the daily open. Dollar's appreciation across the board comes after the Fed said that ...continue
6 responses - Posted 08.12.10
EURUSD Trading strategy: small short at 1.3030, stop at 1.3090 (0.5% risk), objective at 1.2930 Euro's decline accelerated after breaking below 1.3100 and 1.3000 yesterday, printing a session low at 1.2830 - which was 350 points down from the daily open. Dollar's appreciation across the board comes after the Fed said that ...continue
Daily analysis and trading strategies 8-9-10
1 response - Posted 08.09.10
EURUSD Trading strategy: small long at 1.3210, stop at 1.3140(0.5% risk), objective at 1.3350 The dollar is weaker across the board after the Nonfarm payrolls shed 131,000 jobs last month, compared to a consensus of 70k. Dollar's weakness is likely to continue as economic data shows that the U.S. recovery is stalling ...continue
1 response - Posted 08.09.10
EURUSD Trading strategy: small long at 1.3210, stop at 1.3140(0.5% risk), objective at 1.3350 The dollar is weaker across the board after the Nonfarm payrolls shed 131,000 jobs last month, compared to a consensus of 70k. Dollar's weakness is likely to continue as economic data shows that the U.S. recovery is stalling ...continue
Daily analysis and trading strategies 8-5-10
4 responses - Posted 08.05.10
Quick note: Are you on Facebook? Join innerfx on Facebook by clicking the "Like" button and you'll always be in the know about interesting Forex articles I read, write & share. So apart from the content I already have on the site, the Facebook page will have lots more, because I always ...continue
4 responses - Posted 08.05.10
Quick note: Are you on Facebook? Join innerfx on Facebook by clicking the "Like" button and you'll always be in the know about interesting Forex articles I read, write & share. So apart from the content I already have on the site, the Facebook page will have lots more, because I always ...continue
Daily analysis and trading strategies 8-4-10
no responses - Posted 08.04.10
Quote of the day: He who moves not forward, goes backward. -- Johann Wolfgang von Goethe 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 1.3250 has been reached yesterday as euro's bullish trajectory remains firm but a pullback is likely ahead ...continue
no responses - Posted 08.04.10
Quote of the day: He who moves not forward, goes backward. -- Johann Wolfgang von Goethe 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 1.3250 has been reached yesterday as euro's bullish trajectory remains firm but a pullback is likely ahead ...continue
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 7-28-10
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