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Daily analysis and trading strategies 8-18-10
no responses - Posted 08.18.10
Quote of the day: Information is the currency of democracy. -- Thomas Jefferson EURUSD Trading strategy: standing aside 1.2900 provided resistance once again yesterday and the euro failed to climb higher, despite several attempts. Intra-day sentiment is currently bearish although the pair trades around same levels as yesterday's morning, but downside pressure seems ...continue
no responses - Posted 08.18.10
Quote of the day: Information is the currency of democracy. -- Thomas Jefferson EURUSD Trading strategy: standing aside 1.2900 provided resistance once again yesterday and the euro failed to climb higher, despite several attempts. Intra-day sentiment is currently bearish although the pair trades around same levels as yesterday's morning, but downside pressure seems ...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 7-29-10
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 7-16-10
no responses - Posted 07.16.10
Quote of the day: Experienced traders control risk, inexperienced traders chase gains. -- Alan Farley EURUSD Trading strategy: small long at 1.2820, stop at 1.2760 (0.5% risk), 1st objective at 1.2870, 2nd objective at 1.2920 $1.3 is getting closer as the euro rallied yesterday, overcoming the $1.2800 barrier. Even though there are no ...continue
no responses - Posted 07.16.10
Quote of the day: Experienced traders control risk, inexperienced traders chase gains. -- Alan Farley EURUSD Trading strategy: small long at 1.2820, stop at 1.2760 (0.5% risk), 1st objective at 1.2870, 2nd objective at 1.2920 $1.3 is getting closer as the euro rallied yesterday, overcoming the $1.2800 barrier. Even though there are no ...continue
Daily analysis and trading strategies 7-5-10
2 responses - Posted 07.05.10
EURUSD Trading strategy: small long at 1.2410, stop at 1.2340 (0.5% risk), 1st objective at 1.2460, 2nd objective at 1.2510 Euro's attempt to break past 1.2600 on Friday was short-lived but upside pressure remains high as the euro is conserving momentum above the 1.2500 handle - formerly providing resistance. Short-term sentiment is ...continue
2 responses - Posted 07.05.10
EURUSD Trading strategy: small long at 1.2410, stop at 1.2340 (0.5% risk), 1st objective at 1.2460, 2nd objective at 1.2510 Euro's attempt to break past 1.2600 on Friday was short-lived but upside pressure remains high as the euro is conserving momentum above the 1.2500 handle - formerly providing resistance. Short-term sentiment is ...continue
Daily analysis and trading strategies 7-1-10
no responses - Posted 07.01.10
EURUSD Trading strategy: standing aside The euro starts the new month under pressure, losing against its major counterparts. Support at 1.2150 held but so did the resistance at 1.2300 - formed by the 50% retracement of last down leg from 1.2465 to 1.2150. Lower highs and lower lows have been formed on ...continue
no responses - Posted 07.01.10
EURUSD Trading strategy: standing aside The euro starts the new month under pressure, losing against its major counterparts. Support at 1.2150 held but so did the resistance at 1.2300 - formed by the 50% retracement of last down leg from 1.2465 to 1.2150. Lower highs and lower lows have been formed on ...continue
Daily analysis and trading strategies 6-30-10
no responses - Posted 06.30.10
Quote of the day: If I owe you a pound, I have a problem; but if I owe you a million, the problem is yours. -- John Maynard Keynes EURUSD Trading strategy: small short at 1.2290, stop at 1.2360 (0.5% risk), 1st objective at 1.2230, 2nd objective at 1.2100 Support at 1.2150 came ...continue
no responses - Posted 06.30.10
Quote of the day: If I owe you a pound, I have a problem; but if I owe you a million, the problem is yours. -- John Maynard Keynes EURUSD Trading strategy: small short at 1.2290, stop at 1.2360 (0.5% risk), 1st objective at 1.2230, 2nd objective at 1.2100 Support at 1.2150 came ...continue